The Lakers are trading the 47th pick and cash to the Pacers in exchange for the 40th pick in tonight’s draft, sources tell Adrian Wojnarowski of ESPN (Twitter link).
Dustin Dopirak of The Indianapolis Star confirms the news (via Twitter).
As Wojnarowski tweets, the Lakers now control the Nos. 17 and 40 picks, while the Pacers control Nos. 7, 26, 47 and 55. It’s Indiana’s second trade ahead of the draft — the team previously reached a previous agreement with the Nuggets.
The Lakers sent out $2MM in cash at the trade deadline as part of the deal for Mohamed Bamba, notes ESPN’s Bobby Marks (via Twitter), so they could send the Pacers up to $4,363,000 as part of the agreement.
A source tells Dopirak that Indiana will receive $4.3MM in cash from L.A., so it appears the Lakers have temporarily reached their cash limit (Twitter link). The cash allotment will be reset when the new league year begins July 1, Marks adds.
Scott Agness of Fieldhouse Files hears the Pacers are “very active” on the trade market in search of a veteran wing, holding conversations with multiple teams (Twitter link). Jake Fischer of Yahoo Sports reported similarly earlier today, with Indiana coming close to acquiring De’Andre Hunter from the Hawks before talks fell apart.
The Sixers might target the No. 47 pick if the Pacers aren’t able to make a consolidation trade, tweets Kyle Neubeck of PhillyVoice.com. The Sixers don’t currently own a pick, but have been looking to buy a second-rounder.
The next Caruso? The next Reaves?
Lakers scouting department is doing a great job.
Well when you can’t afford to sign free agents because of the massive salaries tied to 3-4 players you need to play your second round and undrafted free agents. Develop them on the fly. Reaves turned down a chance to be drafted so he could sign with the Lakers as a free agent. I mean can’t blame him. LA is a nice place. Being able to play with the 3rd best player of all time is an attractive experience as well.
I’m assuming this is a criticism that you only apply to the Lakers when it’s the reality for at least 10-15 teams in the league
I think for some reason that the Lakers will trade for Gary Trent Jr. he just exercises his 18.5M player option with Toronto and guess what Rich Paul is his agent same as LBJ. There is no way in this world that Trent and Paul would take the last year with Toronto with out having a plan in place, you will hear sooner or later a trade between Lakers and Toronto. GTJR to LA for a bunch of players including Bamba and/or Malik Beasley and several rounds picks.
Why not s&t for LW4? Make it a bigger deal between Lakers and Pacers.
So what can they offer for that pick? That is their problem not much in assets to trade.
Thats a lot of cash to move up 7 spots in the draft.
But on the other hand cash they probably couldnt do much else with anyway at this point.
I guess this means that the Sixers would have to pay the maximum of 6,36 million in cash for a pick, even if it’s number 47?
76ers: Call Connolly of the Timberpuppies on pick #53.
The organization has never known just what to do with second round picks anyway. Historically they have: traded them away, used them for draft & stash, wasted them on “no chance” prospects, and just sold them. Never used them to draft and develop talent, so why start now. The new owners (A-Rod & Co) who have paid a pretty penny to hapless owner Glen Taylor are likely hungry for money to offset some of their financial outlay with a quick buck for a draft pick of little value to them.
Based on the trade payout for Gobert, Connolly is a sucker anyway. Call him.