Nets Rumors

Grizzlies Reportedly Offered Four First-Round Picks For Mikal Bridges

The Grizzlies are the mystery team that was willing to put four future first-round picks in a trade offer for forward Mikal Bridges, reports Michael Scotto of HoopsHype.

ESPN’s Zach Lowe said on his Lowe Post podcast after Thursday’s trade deadline that he had heard of one team offering four first-rounders to the Nets for Bridges. Brooklyn acquired the 26-year-old forward from the Suns as part of its package for Kevin Durant.

While I have no doubt that Scotto’s and Lowe’s reporting is accurate (ESPN’s Adrian Wojnarowski also said during a TV appearance that Memphis “tried really hard” to get Bridges or Raptors forward OG Anunoby), there’s an important caveat worth mentioning: neither reporter could confirm the protection details of those four first-rounders the Grizzlies put on the table.

Memphis controls all of its own future first-round picks, as well as the Warriors’ 2024 first-rounder (top-four protected). It’s safe to assume the Grizzlies would have offered their own 2023 first-rounder, which currently projects to be just 25th overall. If Memphis also wanted to add protections to a couple other picks in its offer, it’s easier to understand why Brooklyn was comfortable hanging onto Bridges, a talented two-way player who is under contract through 2025/26.

It’s also worth noting that the Grizzlies’ core is still very young, so their first-round picks from 2025-29 could be considered less valuable than future first-rounders from an older team whose stars might not still be playing by the time those later picks convey.

Bridges is averaging career highs in points (17.2), rebounds (4.3), and assists (3.6) per game this season, and is a career .499/.376/.848 shooter who is also a strong, versatile defender. The Suns were reportedly extremely reluctant to include him in their package for Durant, and Scotto reported earlier this week that several teams immediately called the Nets to see if they’d be willing to flip him.

Having missed out on three-and-D wings like Bridges and Anunoby, Memphis instead completed a deadline-day deal for Luke Kennard, who is one of the NBA’s best shooters but isn’t nearly the defender that Bridges or Anunoby is.

Still, as Evan Barnes of The Memphis Commercial Appeal writes, the Grizzlies are excited to add Kennard and his .427 career 3PT% to their rotation. Head coach Taylor Jenkins suggested that the newest member of the Grizzlies could share the court with Desmond Bane, another one of the NBA’s top outside shooters.

“That’s what one of our guys was talking about last night,” Bane said. “Just having another guy that can really shoot and has done it at a high level for a while now. So I’m looking forward to seeing what it looks like.”

And-Ones: Taxpayers, Cap Room, Traded Cash, Sims, Lue, More

Prior to the trade deadline, 10 NBA teams projected to be taxpayers this season and the 20 non-taxpayers were each projected to receive $17.2MM as a result of those tax penalties, according to ESPN’s Bobby Marks (Twitter link).

However, one of those 10 taxpayers – the Sixers – ducked below the tax line with a deadline deal, and the NetsKevin Durant and Kyrie Irving trades reduced Brooklyn’s projected end-of-season tax bill by approximately $100MM, Marks notes. As a result of those changes, among others, the luxury tax distribution at the end of the season will now be split among 21 teams and will be worth a projected $14.5MM, based on current team salaries, says Marks.

Danny Leroux of The Athletic also considers the financial impact of a busy trade deadline week, though he’s looking ahead to the offseason, breaking down which teams project to have the most cap room in the summer of 2023.

Leroux anticipates there will be eight teams with the ability to generate significant cap space, ranging from the Rockets at $61MM to the Pacers at $28MM. The Spurs ($40-48MM), Jazz ($31-45MM), Magic ($22-58MM), Hornets ($27-37MM), Thunder ($31MM), and Pistons ($30MM) are also in position to operate under the cap, Leroux writes. The range in projections for some of those teams is related to decisions on options and non-guaranteed salaries.

Here are a few more odds and ends from around the basketball world:

  • Eric Pincus of Bleacher Report has the details on the cash that changed hands at the trade deadline. In a series of tweets, Pincus reports that the Lakers sent $2MM to Magic in the Mohamed Bamba trade, the Suns sent $1MM to the Thunder in the Darius Bazley trade, the Clippers sent $1MM to the Hornets in the Mason Plumlee trade, and the Nets sent $1.36MM to the Pacers in the four-team Durant blockbuster.
  • Who will be available on the buyout market in the coming weeks? John Hollinger of The Athletic lists and ranks 32 buyout candidates (or players who have already been cut), starting with veteran guards Russell Westbrook and Reggie Jackson.
  • Circling back to a pair of pre-deadline stories: Knicks center Jericho Sims has committed to take part in this year’s dunk contest after Trail Blazers rookie Shaedon Sharpe dropped out, according to Shams Charania of The Athletic (Twitter link). And Clippers head coach Tyronn Lue will replace Suns head coach Monty Williams as an assistant on Steve Kerr‘s Team USA coaching staff, per a press release.
  • Disney CEO Bob Iger said this week that his company doesn’t plan to sell ESPN, according to Daniel Kaplan of The Athletic, who adds that Iger expressed a desire for ESPN to retain NBA rights when the league negotiates its next media deal.

More Details On Kevin Durant Trade Negotiations

Kevin Durant and his business partner Rich Kleiman asked Nets management for a meeting earlier this week and submitted another trade request during that sitdown, according to Ramona Shelburne and Brian Windhorst of ESPN (Insider link).

Unlike last summer’s trade request, this one didn’t go public right away. Another key difference? This time around, Durant specifically asked to be sent to the Suns, per ESPN’s duo. He had no interest in kicking off another bidding war and being the subject of intense speculation all week, so he told the Nets that he’d play out the 2022/23 season in Brooklyn if the team couldn’t work out a deal with Phoenix.

Still, both the Nets and Durant recognized that the partnership was on its last legs, according to Shelburne and Windhorst, who say the only question was whether the star forward’s exit would happen now or after the season.

Here are a few more highlights from the excellent, in-depth ESPN story on how the final days of the Durant era in Brooklyn:

  • Before Durant injured his knee on January 15, it looked like both he and Kyrie Irving would both finish the season with the surging Nets. However, when Irving’s offensive numbers spiked during Durant’s absence, he determined it was the right moment to exact some leverage and pursue a contract extension. The Nets were willing to discuss an extension of up to three seasons, but wanted protections; Irving was seeking a four-year extension without conditions, according to ESPN’s report. The difference of opinions on his value resulted in Kyrie’s trade request, and while Durant wasn’t happy with the situation, he didn’t “immediately tie his future” to Irving’s, per Shelburne and Windhorst.
  • The Nets had zero interest in any Irving trade that saw them take back Russell Westbrook. As a result, the difficulty of working out a three-team trade with the Lakers made Brooklyn’s decision on Irving fairly straightforward, since dealing with the Mavericks was simpler and the Nets liked the players they were getting from Dallas.
  • After Irving’s situation was sorted out and the Nets received Durant’s trade request, they presented the Suns with the pieces they wanted in any deal involving KD: four unprotected first-round picks, an unprotected 2028 first-round pick swap, Cameron Johnson, and Mikal Bridges. Suns general manager James Jones wanted to negotiate those terms – perhaps subbing out for Bridges or adding protections to one or two of the picks – but the Nets were steadfast in their demands, according to ESPN’s reporting.
  • New team owner Mat Ishbia was quickly willing to sign off on the extra $40MM the deal would cost the Suns in salaries and tax penalties, representing a departure from the old ownership group. However, it took the team a while to come around on paying the Nets’ price in players and picks. The Suns recognized that if the Nets held onto Durant until the summer, they’d be up against several bidders, which gave Brooklyn some leverage in the process. Phoenix ultimately agreed to meet the Nets’ asking price.
  • However, according to Shelburne and Windhorst, the deal nearly hit a roadblock when the Nets also requested Jae Crowder, whom the Suns wanted to trade in another deal (while ESPN’s story doesn’t specify who would’ve been in the Durant offer in place of Crowder in the original framework for salary-matching purposes, a previous report suggested Dario Saric was involved). The Suns pivoted to other trade discussions, including a possible John Collins acquisition, but ultimately circled back to the Nets and agreed to include Crowder too.
  • The Nets viewed Durant as a “beacon of light” during several the last few dramatic years, according to Shelburne and Windhorst, who say the team was heartbroken to trade him but felt good about sending him to his preferred destination.

New York Notes: Thomas, Marks, Knicks, Anunoby, LaVine

Nets guard Cam Thomas was fined $40K by the NBA for using “derogatory and disparaging language during a live television interview,” the league announced on Friday (via Twitter).

Thomas was being interviewed on TNT on Thursday night alongside new teammate Spencer Dinwiddie and was asked about comments Dinwiddie made during his press conference earlier in the week. Dinwiddie had joked that the Nets acquired him and Dorian Finney-Smith because they needed more good-looking players.

“We already had good-looking dudes, no homo,” Thomas said (Twitter video link via ClutchPoints).

Thomas took to Twitter late on Thursday night to issue an apology for his comment.

“I want to apologize for the insensitive word I used in the post-game interview,” Thomas wrote. “I was excited about the win and was being playful. I definitely didn’t intend to offend anyone, but realize that I probably did. My apologies again. Much love.”

Here’s more on the NBA’s two New York teams:

  • The status of Nets general manager Sean Marks is worth watching this offseason, given how disappointing the Kyrie Irving/Kevin Durant era in Brooklyn ultimately was, writes Brian Lewis of The New York Post. Marks has already gotten the chance to hire three head coaches, Lewis notes, and the team seems further from title contention than it has been at any time in recent years.
  • Speaking to reporters after this week’s blockbuster trades, Marks acknowledged that the Irving/Durant Nets “didn’t work” and said it was “sad” to trade away a superstar like Durant. Adam Zagoria of NJ.com has the story and the quotes from the Nets’ GM.
  • Stefan Bondy of The New York Daily News confirms the Knicks had discussions about OG Anunoby and Zach LaVine prior to the trade deadline, but says those talks didn’t gain traction.
  • According to Ian Begley of SNY.tv, the Knicks and Bulls touched base on LaVine on Thursday, several weeks after initially discussing him. During those earlier talks, there was some support within the Knicks’ organization for pursuing LaVine using a package of Derrick Rose, Evan Fournier, a young rotation player, and “significant” draft capital. New York, concerned that it might be a lateral move, opted not to meet Chicago’s asking price, but it’s possible the two teams will revisit those conversations in the summer, Begley writes.
  • Although the Knicks didn’t want to give up draft capital to move off Fournier’s contract, they mulled the possibility of downgrading their draft assets in a deal involving him (ie. trading Fournier and a first-round pick in a deal for a less valuable first-rounder), according to Fred Katz of The Athletic. The veteran wing ended up staying put, as New York didn’t find a deal it liked.

Central Notes: Cavs, O’Neale, Crowder, Wiseman, Noel, Pacers

Cavaliers president of basketball operations Koby Altman has made 14 in-season trades since taking the reins in Cleveland’s front office in 2017, but he had an uncharacteristically quiet deadline this season. As Chris Fedor of Cleveland.com writes, the Cavs are one of just two teams (along with Chicago) that hasn’t made a trade since the 2022/23 season got underway.

“We just didn’t feel like anything was going to really move the needle for us,” Altman said on Thursday. “Scoured the market and talked to every team I could. We could have made a move that was lateral, multiple moves that were lateral, that I didn’t think appreciably made us better. I really wanted to see what this group looked like together, fully healthy, and the potential of this group, which we’ve seen right in front of our eyes, continue to grow.”

Royce O’Neale, Dorian Finney-Smith, Cameron Johnson, Grant Williams, Bogdan Bogdanovic, and Bojan Bogdanovic were among the top targets on the Cavaliers’ wish list, according to Fedor, but the team either didn’t have the assets to acquire those players or deemed the asking prices too high.

Sources tell Fedor that the Cavs made a strong push for O’Neale and tried to line up other deals to get the Nets the sort of assets they wanted, but Brooklyn – which was seeking more than a first-round pick – didn’t bite.

“I think there’s value in continuity,” Altman said. “I think there’s value in giving this group a runway. Sometimes you just say to yourself, ‘Don’t mess this up.’ I think that was a big key for us this deadline. It was not easy for me. We’re the fifth-best team in the NBA right now — 35 wins, which is the fourth-most in the NBA — and some really good numbers to back up what I think you guys see on the court every day. I didn’t see anything that was going to put us over the top.”

Here’s more from around the Central:

  • Jim Owczarski of The Milwaukee Journal Sentinel (subscription required) explores what Jae Crowder can bring to the Bucks and contends that hanging onto Grayson Allen through the trade deadline was a win for the team, since he’s having a strong two-way season.
  • Adding former No. 2 overall pick James Wiseman to an already crowded frontcourt in a trade that sent out Saddiq Bey may be Pistons general manager Troy Weaver‘s biggest gamble yet, argues Omari Sankofa II of The Detroit Free Press (subscription required). James L. Edwards III of The Athletic spoke to colleague Anthony Slater about what to expect from Wiseman in Detroit, with Slater noting that the young center still has a ways to go on the defensive end.
  • After not being included in a deadline deal, Pistons center Nerlens Noel has been listed as “not with team” on the club’s injury report, Edwards notes (via Twitter). Noel isn’t owed any guaranteed money beyond this season and finds himself buried even further down the depth chart following Wiseman’s arrival, so he could be a buyout candidate.
  • The Pacers‘ relative inactivity at the trade deadline reflected president of basketball operations Kevin Pritchard‘s desire not to shake up his core or disrupt the chemistry that the current roster has built, says Dustin Dopirak of The Indianapolis Star (subscription required). As Dopirak observes, Indiana’s lone deadline deal was primarily about using their remaining cap room to add more draft assets, but it will also give the team to take a low-risk look at young wing Jordan Nwora.

Lowe’s Latest: Durant, Grizzlies, Anunoby, Pelicans, Warriors, Clippers

In the wake of the NetsKevin Durant trade agreement with the Suns, reports indicated that Brooklyn only really negotiated with Phoenix rather than canvassing the NBA to generate a bidding war. The Nets likely already knew what teams were willing to offer after discussing Durant deals for nearly two months in the offseason, and liked the combination of players and picks the Suns were willing to offer.

According to Zach Lowe of ESPN (Insider link), another team that was prepared to put a strong package of draft picks on the table for Durant was the Grizzlies. Sources tell Lowe that the Nets were aware since July that Memphis was willing to trade every available draft pick and swap of its own for Durant (it’s unclear if that offer would’ve included Golden State’s lightly protected 2024 first-round pick or just the Grizzlies’ own first-rounders).

However, the Suns’ inclusion of Mikal Bridges and Cameron Johnson helped tip the scales in their favor. Sources around the league have said that the Grizzlies have kept Ja Morant, Desmond Bane, and Jaren Jackson Jr. entirely off-limits in any trade talks, according to Lowe, so the players in Memphis’ offer wouldn’t have been as valuable as the ones in the deal Brooklyn ultimately accepted.

Here’s more from Lowe:

  • After mentioning on his podcast that the Grizzlies and Pacers each offered three first-round picks for Raptors forward OG Anunoby, Lowe says the Pelicans – another presumed suitor – didn’t hold any serious talks with Toronto about him. As Lowe reiterates, the Raptors were seeking a high-level player or prospect in an Anunoby deal; Will Guillory of The Athletic says New Orleans didn’t show much interest in discussing Dyson Daniels or Trey Murphy in trade talks.
  • The Warriors also engaged with the Raptors about Anunoby, Lowe confirms, but he says the two teams don’t appear to have gotten all that close to an agreement. Golden State likely would have had to include Jonathan Kuminga as the centerpiece of its offer, sources tell ESPN.
  • The Clippers never ended up having any serious trade talks for D’Angelo Russell or Kyle Lowry, and the Mike Conley bidding was out of their price range, Lowe says. They also got nowhere close on Fred VanVleet, since the Raptors would have wanted Terance Mann and possibly more draft equity than L.A. could’ve offered, Lowe adds.

Trade Deadline Leftovers: VanVleet, Anunoby, Siakam, Bridges, Bulls, Knicks, More

After agreeing to acquire Jakob Poeltl from San Antonio, the Raptors didn’t make any additional deadline-day moves, but it wasn’t for a lack of options.

According to Shams Charania of The Athletic (Twitter video link via The Rally), the Bucks were among the teams expressing interest in Raptors point guard Fred VanVleet in advance of the deadline. Michael Grange of Sportsnet.ca (Twitter link) hears that those talks included Grayson Allen and a future first-round pick. Grange adds that the Clippers talked about Luke Kennard and Brandon Boston Jr. in their VanVleet discussions with the Raptors, but weren’t willing to include a first-rounder.

As for OG Anunoby, ESPN’s Zach Lowe said on the latest episode of his Lowe Post podcast that the Grizzlies and Pacers were comfortable including three first-round picks in their offers for the Raptors forward, but Toronto was prioritizing young players over future draft picks and neither package included the kind of players they were seeking (hat tip to RealGM).

According to Lowe, the Pacers’ offer also included Houston’s 2023 second-round pick, which Indiana would control if it lands at No. 31 or 32 (it’d be at No. 31 if the season ended today). However, it’s probably safe to assume that two of the first-rounders the Pacers were willing to give up were Boston’s and Cleveland’s 2023 picks, which figure to fall pretty late in the first round.

Lowe also stated on his podcast (hat tip to RealGM) that the Nets briefly pursued Raptors forward Pascal Siakam between their Kyrie Irving and Kevin Durant trades, in the hopes of convincing Durant to stay in Brooklyn.

“I think (the Nets) told (Durant), ‘Hey man, in the summer, we can get some big names. There are going to be some big names who might ask out. We are going to collect stuff to give ourselves a shot at it,'” Lowe said. “… They tried to get Pascal Siakam now in the intervening 96 hours because KD made it known he likes Pascal Siakam. He thought he would be a good fit.”

Here are a few more trade deadline leftovers from around the NBA:

  • After the Nets agreed to acquire Mikal Bridges in the Durant blockbuster, Bridges drew considerable trade interest from rival clubs, Zach Lowe stated on his Lowe Post podcast (hat tip to RealGM). “I know of one team – and I’ve confirmed this – I know of one team who offered four first-round picks for Mikal Bridges,” Lowe said. “Now, I know of at least three first round picks. I think the fourth one may have had some protections or something, but I’m pretty sure that was a thing.”
  • The Bulls, who didn’t make a deadline deal, received inquiries on Alex Caruso and Coby White, but never seriously considered moving Caruso and got “underwhelming” offers for White, says K.C. Johnson of NBC Sports Chicago. Johnson also talked to a source who downplayed the discussions Chicago had with the Knicks about Zach LaVine, characterizing them as “preliminary.” Another source who spoke to Johnson insisted those talks didn’t happen at all, but didn’t rule out the possibility that such a scenario could be discussed in the offseason, depending on how the rest of 2022/23 plays out.
  • Spurs big man Zach Collins garnered some deadline-week interest, according to LJ Ellis of SpursTalk, who says from a league source that the Sixers, Nuggets, and Bucks inquired on Collins. Ellis also hears that San Antonio shopped Keita Bates-Diop in search of a second-round pick, but the forward ended up staying put.
  • If the 2023 first-round pick the Knicks sent to the Trail Blazers as part of the Josh Hart trade lands in the lottery, New York will instead send Portland the following picks, per Fred Katz of The Athletic (Twitter link): The Pistons’ 2024 second-rounder, either the Timberwolves’ or Knicks’ 2026 second-rounder (whichever is least favorable), and the Knicks’ own 2027 and 2028 second-rounders.
  • John Hollinger of The Athletic reports (via Twitter) that the Grizzlies acquired a minor pick swap in the Luke Kennard trade with the Clippers. Memphis now has the ability to swap a 2026 second-round pick (whichever is most favorable of the Celtics’, Heat’s, and Pacers’ picks) for the Clippers’ 2026 second-rounder.

Knicks, Blazers, Sixers, Hornets Officially Complete Four-Team Trade

The Knicks, Trail Blazers, Sixers, and Hornets have folded two separate trade agreements into a single four-team trade, with press releases from New York and Portland confirming that the deal is official.

The trade combines the Knicks’ acquisition of Josh Hart from Portland with the three-team trade agreement that sends Matisse Thybulle to the Blazers and Jalen McDaniels to the 76ers. Kyle Neubeck of PhillyVoice first reported (via Twitter) that the two deals would be combined into one.

Here are the full terms of the trade:

  • Knicks acquire Josh Hart, the draft rights to Bojan Dubljevic (from Trail Blazers), and the draft rights to Daniel Diez (from Trail Blazers).
  • Trail Blazers acquire Matisse Thybulle, Cam Reddish, Ryan Arcidiacono, the Knicks’ 2023 first-round pick (top-14 protected), and the draft rights to Ante Tomic (from Knicks).
  • Sixers acquire Jalen McDaniels, the Knicks’ 2024 second-round pick (from Hornets), and the Trail Blazers’ 2029 second-round pick.
  • Hornets acquire Svi Mykhailiuk, either the Hornets’, Hawks’, or Nets’ 2023 second-round pick (whichever is most favorable; from Sixers), and either the Pelicans’ or Trail Blazers’ 2027 second-round pick (whichever is most favorable; from Trail Blazers).

The deal expanded slightly to include the draft rights of three draft-and-stash players, but otherwise looks the same as what was previously reported.

As expected, Portland waived Greg Brown to help open up the necessary roster spots for their incoming players.

For more details on the deal, check out our full stories on the Knicks/Blazers half of the trade, as well as the Blazers/Sixers/Hornets portion.

Kevin Durant Trade Officially Completed As Four-Team Deal

Kevin Durant has officially been traded from Brooklyn to Phoenix, according to press releases from the Suns and Nets.

The blockbuster trade has been combined with the three-team trade agreement involving the Bucks, Nets, and Pacers that sends Jae Crowder to Milwaukee, turning the two deals into a single four-team transaction.

It breaks down as follows:

  • Suns acquire Durant and T.J. Warren.
  • Nets acquire Mikal Bridges, Cameron Johnson, the Suns’ 2023 first-round pick (unprotected), the Suns’ 2025 first-round pick (unprotected), the Suns’ 2027 first-round pick (unprotected), the Suns’ 2029 first-round pick (unprotected), the right to swap first-round picks with the Suns in 2028, the Bucks’ 2028 second-round pick, the Bucks’ 2029 second-round pick, and the draft rights to Juan Pablo Vaulet (from Pacers).
  • Bucks acquire Crowder.
  • Pacers acquire Jordan Nwora, George Hill, Serge Ibaka, either the Bucks’ 2023 second-round pick or the least favorable of the Cavaliers’ and Warriors’ 2023 second-round picks (whichever is most favorable), the Bucks’ 2024 second-round pick, their own 2025 second-round pick (from Bucks; it was traded away in a prior deal), and cash (from Nets).

“Today is a transformative day for this organization,” new Suns owner Mat Ishbia said in a statement. “We are thrilled to welcome Kevin and T.J. to the Valley as we build a championship culture both on and off the court.

“Not only is Kevin one of the greatest and most accomplished players in the history of the sport, but his character also embodies the world class commitment to excellence we are instilling across every facet of this organization. T.J. is a natural leader whose work ethic and commitment to getting better every day make him an important addition to the team as he returns to the Valley. Phoenix will be one of the best organizations in all of sports and we are so excited to start our journey with this incredibly dynamic team.”

Nets general manager Sean Marks offered a statement of his own in Brooklyn’s press release:

“After thorough evaluation of the best path forward, we believe making this trade now positions the franchise for long-term success. Mikal and Cam are elite, ascending, versatile wings, plus the draft capital provides us additional avenues to continue to acquire talent. We remain steadfast in our commitment to building the team Brooklyn deserves. We are excited to welcome Mikal, Cam and their families to Brooklyn and thank Kevin for the moments and memories he delivered our fanbase.”

As expected, the Pacers waived Goga Bitadze and Terry Taylor to accommodate their new additions. The team also waived veteran forward James Johnson, per a press release. All three players will become unrestricted free agents if they clear waivers this weekend. Indiana will also cut Ibaka, as we previously relayed.

Because they no longer have to take on Crowder’s salary, the Nets will create a trade exception worth $18MM+ for Durant instead of $8MM, notes Yossi Gozlan of HoopsHype (Twitter link).

For more details on the trade, be sure to read our previous stories breaking down the Durant and Crowder trades.

Bucks Acquire Jae Crowder In Three-Team Deal

[UPDATE: This trade was folded into the Durant blockbuster and turned into a four-team deal. It’s now official.]

4:24pm: Eric Nehm of The Athletic has the details on the second-round picks the Bucks are trading in the three-team deal. They are as follows:

To the Pacers:

  • Either the Bucks’ own 2023 second-round pick or the least favorable of the Cavaliers’ and Warriors’ 2023 second-round pick.
    • Note: If the season ended today, the Bucks would get the Cavaliers’ second-round pick (which is less favorable than the Warriors’ pick) and then would send the Cavs’ pick to Indiana, since it’s more favorable than Milwaukee’s second-rounder.
  • The Bucks’ own 2024 second-round pick.
  • The Pacers’ 2025 second-round pick (which was traded to Milwaukee in a prior deal).

To the Nets:

  • The Bucks’ 2028 second-round pick.
  • The Bucks’ 2029 second-round pick.

As we relayed in a separate story, Terry Taylor is also being waived by the Pacers to help accommodate the incoming players.


11:05am: Veteran forward Jae Crowder is being traded to the Bucks, according to Shams Charania of The Athletic (Twitter link), who reports that the Nets have agreed to a trade that will send Crowder to Milwaukee, with the Bucks giving up a total of five second-round picks.

Sources tell Charania (via Twitter) that it will be a three-team trade, with Bucks forward Jordan Nwora and two second-round picks (via the Bucks) heading to the Pacers. Indiana is waiving reserve center Goga Bitadze to make room for Nwora, Charania adds (Twitter link).

In addition, the Pacers will receive guard George Hill, an Indianapolis native who had a previous five-year stint with Indiana, and a third second-round pick, ESPN’s Adrian Wojnarowski reports (via Twitter). Center Serge Ibaka will also be heading to the Pacers, per Charania (Twitter link). Both players were previously on the Bucks.

Here’s the deal as we know it so far, with bits and pieces coming in over time:

  • Bucks receive Crowder ($10.18MM)
  • Nets receive two second-round picks via Milwaukee (not confirmed), save a ton of money toward the luxury tax
  • Pacers receive Nwora ($3MM), Hill ($4MM), Ibaka ($2.9MM salary, $1.8MM cap hit) and three second-rounders (not confirmed) via Milwaukee; will waive Bitadze.

The Pacers are one of only two NBA teams with cap space available — the Spurs are the other — so they can take on money without having to worry about matching salaries. As the deal stands, Indiana will have to waive two more players and its cap space is down to $1.9MM, tweets Yossi Gozlan of HoopsHype. Only Nwora is under contract beyond this season — Hill and Ibaka are on expiring deals.

Crowder, 32, has sat out the entire 2022/23 season while awaiting a trade. He was sent to the Nets as part of the blockbuster trade that will send Kevin Durant to Phoenix, and now will be rerouted to Milwaukee.

The Bucks had been linked to Crowder for months in trade rumors — they were recently granted permission to speak with him, and now they are finally acquiring him.

In 67 games (28.1 MPG) with Phoenix in ’21/22, Crowder averaged 9.3 PPG, 5.3 RPG, 1.9 APG and 1.4 SPG on .399/.348/.789 shooting. He makes $10.18MM in the final year of his contract.

According to John Gambadoro of Arizona Sports 98.7 FM (Twitter link), Suns head coach Monty Williams spoke to Crowder over the summer to inform him that Cameron Johnson (who was also sent to the Nets in the Durant deal) would be the starting power forward in ’22/23.

Crowder responded by saying he would prefer a contract extension or a trade. Evidently Williams found the 3-and-D specialist “too difficult to manage” and preferred to have him away from the team, per Gambadoro.

Bitadze is earning $4.77MM in the final season of his rookie scale contract. The former 18th overall pick has only appeared in 21 games for an average of 9.6 minutes per contest this season. He will become an unrestricted free agent if he clears waivers.

Nwora, meanwhile, was the 45th overall pick of the 2020 draft. He re-signed with the Bucks on a two-year, $6.2MM contract in the offseason, but hasn’t played much, appearing in 38 games with averages of 6.0 PPG and 3.1 RPG in 15.7 MPG.

The 24-year-old has some offensive upside — he has converted 37.6% of his career three-pointers, including 39.2% this season. However, he’s a subpar defender and obviously wasn’t in the Bucks’ long-term plans. The Pacers will be taking a flyer on him in addition to adding a trio of second-rounders.

Ibaka seems likely to be bought out or waived by the Pacers and headed elsewhere as a free agent. Hill is less certain — as previously mentioned, he likely he has fans in the organization due to his previous run with the team.