League sources told ESPN, The Athletic and the Detroit Free Press on Friday that Brooklyn is sending Jordan, four second-round draft picks and about $5.8 million to the Pistons in exchange for big man Jahlil Okafor and forward Sekou Doumbouya.
Shortly after the agreement, Jordan agreed to a buyout with the Pistons, allowing him to become a free agent. According to The Athletic, the veteran center is expected to sign a one-year, $2.6 million contract with the Los Angeles Lakers after clearing waivers.
The 33-year-old Jordan, who was an All-Star selection in 2017, averaged 7.5 points and 7.5 rebounds across 57 regular-season games for the Nets last season. The former Los Angeles Clippers star was part of Brooklyn's star-studded free-agent class in 2019 that included Kevin Durant and Kyrie Irving.
Jordan, however, had a diminished role with the Nets after the team acquired Blake Griffin.
The 25-year-old Okafor averaged 5.4 points and 2.4 rebounds in 27 games last season. He missed more than two months in the 2020-21 campaign after he underwent left knee surgery.
Doumbouya, 20, averaged 5.1 points and 2.6 rebounds over 56 games for the Pistons last year.
Also Friday, seven-time All-Star power forward LaMarcus Aldridge ended his brief retirement after being cleared to return to the court. He stepped away from basketball five months ago due to heart concerns.
Aldridge -- medically cleared by multiple doctors -- is returning to the Nets on a one-year, $2.6 million contract, his agent told ESPN on Friday.
"I retired in April based on what I believed was the wisest precautionary decision for my personal health at the time, but further testing and evaluation by several top physicians has convinced the doctors, myself and the Nets that I'm fully cleared and able to return to the rigors of the NBA," Aldridge said in a statement.
"I loved my brief time with Brooklyn and am excited to rejoin the team in pursuit of a championship."
The 36-year-old Aldridge played in just five games for the Nets last season after agreeing to a contract buyout with the San Antonio Spurs. He averaged 12.8 points and 4.8 rebounds in those five appearances.
Aldridge experienced an irregular heartbeat during a game against the Los Angeles Lakers in April, and that quickly led to his decision to retire.
He has averaged 19.4 points, 8.2 rebounds and two assists per game in his NBA career.