11:56pm: The Spurs are sending the draft rights to 2015 first-round pick Nikola Milutinov to the Nets in the five-team trade, according to Fred Katz of The Athletic (Twitter link). That will satisfy the “touching” requirements we outlined below and allow the deal to be officially completed once the moratorium ends on Friday.
Katz adds (via Twitter) that the Wizards have also agreed to trade one more second-round pick (Chicago’s 2023 selection) to the Lakers. Washington is giving up five second-round selections in the deal (three to the Lakers, one to the Spurs, and one to the Nets), as well as a second-round swap (to the Nets).
Finally, Katz reports that the third year of Dinwiddie’s contract will be partially guaranteed (Twitter link).
5:04pm: The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62MM deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic (Twitter link). The club will acquire Dinwiddie from the Nets via sign-and-trade.
That $62MM figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic (Twitter link).
According to Charania (Twitter link), the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move will also create an $11.5MM trade exception for Brooklyn.
Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports (via Twitter). Moving Hutchison’s $4MM+ salary will allow Washington to remain out of tax territory for now, tweets ESPN’s Bobby Marks.
Adrian Wojnarowski of ESPN (Twitter link) provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 second-round pick swap to the Nets.
The 2022 second-round pick headed to San Antonio will be the most favorable of the Lakers’, Bulls’, and Pistons’ second-rounders, tweets Fred Katz of The Athletic.
That 2025 swap will give Brooklyn a chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ 2025 second-rounder, tweets Tim Bontemps of ESPN. The 2024 second-rounder will be the more favorable of the Wizards’ and Grizzlies’ selections, Bontemps adds.
In total, Wojnarowski tweets, the deal will include five teams: the Wizards, Nets, Spurs, Lakers, and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.
Here’s what the full trade should look like, based on the details reported to date:
- Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday, and the draft rights to Isaiah Todd (No. 31 pick).
- Lakers to acquire Westbrook, either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is less favorable; from Wizards), and the Wizards’ 2028 second-round pick.
- Nets to acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is more favorable; from Wizards) and the right to swap their the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
- Spurs to acquire Hutchison and either the Bulls’, Lakers,’, or Pistons 2022 second-round pick (whichever is most favorable; from Wizards).
- Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).
As Eric Pincus of Bleacher Report points out (via Twitter), there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported so far, Brooklyn and San Antonio are each only receiving assets from (or sending an asset to) the Wizards. That last piece would likely be something minor, such as cash or the draft rights to a stashed player.
In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.
In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.
Word broke on Monday night that the Wizards and Dinwiddie were nearing an agreement, but the club didn’t have the cap space necessary to acquire him without getting the Nets’ cooperation in a sign-and-trade. Because Brooklyn didn’t want to take on any salary but wanted an asset or two for agreeing to play ball, it took all involved parties a couple days to work out the details of the deal that would get the point guard to D.C.
Schroeder finally signing?
No!
Wizards are gonna be good. Westbroke stinks and dinwiddie is a better player per win shares. Then adding kuzma and harrell are nice depth pieces
Yeah, I actually really like the deal for the Wizards.
Who would have thought they’d actually not only be able to trade Westbrook, but that they could also get back a pretty good prospect in Todd, three solid role players in Kuzma, KCP, and Montrez, AND PLUS they could also get a valuable starting PG back on a solid deal in Dinwiddie for 3yrs and 62mil…
I mean, yes, they also had to give up a couple 2nd rounders, Hutchison, and swap some picks around, but still thats an EXCELLENT get for the Wizards and their GM Tommy Sheppard.
GUARDS: Dinwiddie, Beal, KCP, Holliday, Neto
WINGS: Kuzma, Avdija, Kispert
BIGS: Hachimura, Bertans, Harrell, Gafford
(Thomas Bryant out until at least DEC)
That is some quality depth for the Wizards, and I could see them competing again for one of the last playoff spots with the Celtics and possibly the Hornets..
Nets, Bucks, Hawks, Heat, and 76ers aren’t going anywhere. That leaves pretty much five teams fighting for the last three spots.
I would have to give the nod to what should be an improved Knicks team, and then I believe the Bulls also really improved their overall talent level and depth. That would leave the Wizards, Celtics, and Hornets fighting it out for the last spot, and I think the Wizards have the best depth to be able to survive the season and win the #8 spot.
I love Tatum, Brown, and Smart, but the Celtics as a team have gotten noticeably worse this year, and they aren’t nearly as deep a team as they used to be. Plus, all the other teams in that #4-#8 range, except maybe the 76ers, have gotten significantly better.
Now, idk, if the Wizards will keep all their new players, being ~12-13 deep and all, along with owning the rights to some other players too, but now they have some excellent depth and a great mixture of youth and veteran experience..!!
Overall, again, this was an EXCELLENT JOB by the Wizards GM, Tommy Sheppard.
great analysis bravesfan88.
CHA finished 10th and lost FAs. Knicks could come down to earth. Looks good for WAS, CHI to rise.
Fighting for an 8th seed is a terrible place to be
Weird trade.
is he going to convert his salary into crypto currency?
Because Nets have no salary incoming, salary matching is not required for Nets.
Nets received $11.5 million TPE
Wizards received $50 Million Salary
Lakers received $44 Million Salary
125% rules
thank you for clearing that up for me sillivan.
I wonder how Sillivan interpreted “crypto currency”
I always felt like chandler Hutchinson was a Spurs-type guy
What about Dede Jordan ?
Nets should put Jordan for Harrell in the package.
Nets don’t need second round picks. Instead, Nets can give away 2 Second Round Picks to anyone.
Actually a team like the nets use 2nd rounders to fill out roster with cheap contracts since 3 guys take up majority of cap space
Let’s go Wiz kids! I’m not sure how we acquire him without sending salaries out since they were over the cap but I love it. Now trade Harrell to a contender now or at the deadline for a future 1sts. Keep Kuzma until the dust settles who is staying. Maybe play Bertans enough to up his stock and trade him at the deadline of before too. Good move to keep Beal, tho I would rather a blow up rebuild like we have wanted for years..
Wizz could have trade Bertans to the Spurs or Montrez
Now showing in DC:
Dinwiddie and the Undesirables For Flipping
Also waiting a Sullivan Scud missile for details about the trade..
It’ll somehow end with Hutchinson=Westbrook
Or Simmons>Russ?
I’d be surprised if the entirety of his post was not about Damian Lillard.
I was hoping the Nets could’ve gotten Deni Avdija out of the deal, but I see the Nets are happy with the TPE.
TPE when you are deep in the tax is kind of toxic Nets should use it in Patty Mills’ trade
That’s a signing, not a trade.
I really don’t understand why this had to involve all these teams but I guess that’s just one of the many reasons I’m no GM lol. This is just confusing
I understand a little bit.
Without Spurs, Wizards would have to pay base salary $4 million plus luxury tax.
Spurs are needed.
Pacers are needed because of Aaron Holiday TPE.
Lakers are needed because Lakers take additional $8 million salary.
Nets don’t want any available Wizz assets … OKC should have kept Horford to get in this deal trading for Kuz
GM hires salary cap and trade consultant at the daily rate $20,000
My goal is to become this kind of consultant in 2040. Lol
Tldr is that the Wizards needed to send money out to take in Dinwiddie’s contract. Nets didn’t want anything the Wizards were offering. By looping all of these separate deals into one big blob of a trade, managing the incoming and outgoing salary requirements becomes a little easier (but more complicated for us fans to understand).
But Dinwiddie’s contract was not a given. There must have been another team’s offer that had to be met. Who’s other?— Dins only turned down about $13m.
Bertans to Bulls in S&T for Mark
I would love that
Schroeder, Oubre and Lauri Markenran
I would fire their agents.
It’s frustration firing.
No cap no Big contract
Oubre for Markanen trade might work
Ooooooh, Bulls say NO THANK-YOU and hang up the phone!! lol
It looks more ajd more likely that the Bulls are going to actually keep Lauri Markkanen, and they actually really need him, or they would need to get back another 4 if they decide to trade him.
Somehow, he was still a 40% 3pt shooter last year, and he’s put up some solid stats in previous seasons. There was a time when Lauri looked like a future 15-20 point a night stretch four, that could also get you 7-10 rebounds a night along with a couple assists..
That’s extremely valuable in today’s league, and the Bulls best bet might just be to roll with Lauri, and to see how he fits with their new core. He and Colby White could actually be some flamethrowers off the bench for this team, and help them FINALLY make a real playoff run..
Ball, White, Ayo
LaVine, Caruso, Brown
Derozan, Green, Thompson
Williams, Markkanen, Simonovic
Vucevic, Bradley, Simonovic, Felicio
From what I understand, it still is not a sure thing that Simonovic, their 2020 2nd Rounder, will play for the Bulls this year, but hopefully he comes over and agrees…
If they don’t bring over Simonovic, then they could still use another 4, but either way, right now, they’re DEFINITELY a significantly better and deeper team than they were last season!!
AK and Donovan have both collectively done an excellent job for this team leading them in the right direction going forward!! THANK GOD l, they made those changes last year!!
Felicio is gone
The article states every team needs to touch 2 teams and mentions SA and Brook. as not having done that. Neither have LA and Ind. according to article. I am not even sure this requirement as reported is correct?
The No. 22 pick is going from the Lakers to the Pacers, so they’re “touching” each other as well as Washington (there has to be a better way to word that…).
Nets & Spurs have to get in touché around the Dinwiddie value i présume, like dumping Deandre … What a crappy season Spurs are going into
Thanks Luke. It had been reported so long that the 23 was going to Wash. I didn’t notice it said now that it was going to Ind.
With all this touching hr is going to have to get involved
As the wizard’s stay mediocre hopefully beal comes to his senses and realizes the Sixers and the MVP are his only shot at title.
Don’t forget the DPOY too
Beal for DPOY? Wiz worse? Ha
Hopefully the Spurs send the draft rights to Georgios Printezis to the Nets. That guy has been traded seven times so far. He actually started with the Spurs and his right went to six other teams and ended up back with the Spurs. Let’s start the second leg of his journey around the league.
lmao he’s 36 and was drafted in 2007. I want him in this deal.
Yeah that is one of my favorite, and least favorite, things about the NBA’s draft and stash system. I mean the Atlanta Hawks still technically have the rights to Augusto Binelli who was drafted in 1986 and is currently 57 years old. I would love it if he were involved in a trade in 2021.
my stash would never last that long.
They don’t need to do the final “touching” pieces until the deal is finalized with the league. It might still be open. Still some big matching $$ in there. A shame to let them go to waste.
Right now, they can likely separate this mess into two separate trades to avoid the need. A LAL-WSH-BKN trade, and a WSH-IND-SAS trade.
Seems Nets did really accommodate Wizards to get this done. Hmmmmm I’m sure they didn’t want him on Knicks. This trade and signing. Makes the Wizards a playoff team and a better team than last yr.
There is good young talent here. Deni, Hachimura, Bryant. Todd is a good young big, needs time. With Kispert here they can move Bertans. The future with this team. Is in moving Beal. You add what you get for Beal and Bertans. Then you have a deep young core. It’s gotta be the next two moves. Beal is on last year of contract (Player Option next yr). I don’t see him finishing this yr in Washington. It just makes too much sense to me.
Interesting suspicion, Nets intentionally steering Dinwiddie away from the Knicks.
But I think Beal will see his team improving and stay.
Nets were not accommodative. The had ZERO leverage, because they didn’t want to take back any salaries in this or any other S&T. The last team that took that stance on a FA, Boston, paid two 2nd’s to get the TPE. The Nets wouldn’t even do it just for the TPE, they had to get two 2nd’s in addition to the TPE.
Washington did a really good job of adding pieces that fit around Beal, and they also addressed what has been a big need for them for a few years, with defense in the wing, with KCP
Not sure if the Spurs are keeping Hutchinson, but I’m super interested to see if they can develop him, b/c I’ve liked his skillset since before his draft, and he could theoretically add defense on the wing, and potentially multiple positions for them…they also did a great job adding multiple guys at positions of big need for a while, with Thad Young, McDermott, and Aminu at the 4, and Collins at the 5
I like what the Wizards have done over the {theoretical} last 368 NBA days
Optimus Dime was only going to throw a brick in the Wall at keeping Beal long term
Now they have a 50/50 shot in my eyes going forward
As long as there’s constant communication between the 2 parties , and there should be, I have no problem with the final result; trade or stay
Next 30 games will be big for Wash