The Jazz saved themselves $10 million on Tuesday when they traded rookie guard Eric Maynor and Matt Harpring's expiring contract to the Thunder.

In exchange for Maynor and Harpring, Utah received the rights to a German player that has never appeared in an NBA game.

"It's good for Oklahoma City, because they get a good young player (in Maynor)," Jazz general manager Kevin O'Connor said. "And it's good for us, because it allows us to address our financial situation.

"Basically the reason we did that was to relieve ourselves of some luxury-tax responsibilities ... and to do that we had to give up an asset," he added. "It was a difficult decision. We're disappointed that we had to do that, but in these economic times we saved a great deal of money and we're able to be aggressive, still, going forward."

The Jazz are in excess of the salary cap and luxury-tax threshold.