10:22pm: The trade is now official, according to press releases from the Rockets, Grizzlies, and Clippers.
As first reported by Kelly Iko of The Athletic and confirmed by the Rockets, the swap rights Houston got in the deal are top-six protected. So in the unlikely event that the Thunder’s and Clippers’ picks both land in the top six, the Rockets won’t be able to swap the Bucks’ first-rounder for the least favorable of those two picks.
The Rockets also confirmed that they’ve waived Boban Marjanovic to accommodate the extra incoming player in the deal. They’re expected to re-sign him once he clears waivers and Wall is released.
Andrew Greif of The Los Angeles Times (Twitter link) has the details on the three second-round picks the Clippers acquired from the Grizzlies. They are as follows:
- The Raptors’ 2024 second-round pick.
- Either the Pacers’ 2024 second-round pick or the least favorable of the Cavaliers’ and Jazz’s 2024 second-round picks (whichever is most favorable).
- The Grizzlies’ 2027 second-round pick.
1:20pm: The Clippers have reached an agreement to acquire veteran wing Eric Gordon from the Rockets, sources tell Shams Charania of The Athletic (Twitter link).
According to Charania, the move will be part of a three-team deal that sends Luke Kennard to the Grizzlies, with Clippers guard John Wall headed back to Houston (Twitter links). The Rockets plan to waive Wall, tweets Chris Haynes of Bleacher Report.
Danny Green will be sent from Memphis to Houston in the trade, according to Wojnarowski, who reports (via Twitter) that the Clippers are getting three second-round picks from the Grizzlies. The Rockets will also acquire the right to swap this year’s Bucks first-round pick with the Clippers’ first-rounder (or the Thunder’s first-rounder, if the Clippers pick is earlier in the draft), tweets Tim MacMahon of ESPN.
It’s an interesting trade from all sides. The Clippers have needed a guard who could drive and shoot from outside while playing decent defense, and Gordon fits that bill when he’s playing well. Gordon has been in trade rumors for years, and now he’s headed back to the Clippers, who drafted him seventh overall back in 2008.
While the Clippers took a risk by potentially losing their own first-round pick, they’ll still be guaranteed to receive the Bucks’ first-rounder and will also get three second-rounders from Memphis, which isn’t bad at all considering they arguably got the best player in the trade. Gordon, 34, makes $19.57MM this season, but his $20.92MM salary for 2023/24 is non-guaranteed.
The Rockets had long been looking for a first-round pick for Gordon, and they’re essentially swapping Milwaukee’s potential late first-round pick (it would be 28th right now) for one with higher upside — the Clippers’ would be 18th right now. The Bucks (37-17) are currently six games ahead of the Clippers (31-27), but there’s still 20-plus games remaining for both teams.
Green has been one of the NBA’s best 3-and-D wings for the better part of a decade, winning three championships with the Spurs, Raptors and Lakers. He holds a 39.9% career mark from behind the arc, but he’s 35 years old and just made his season debut this month after recovering from a torn ACL suffered in last year’s playoffs. Green will be a free agent this summer.
Wall temporarily heading back to Houston after his troubled tenure with the Rockets is an ironic twist, as he’ll be waived by the same team that bought him out in the offseason — that’s how he signed with L.A. in the first place. He didn’t find much success with the Clippers, posting a poor shooting slash line of .408/.303/.681 for a team hoping to contend.
The Grizzlies rank just 24th in the league in 3-point percentage and get one of the league’s best shooters in the 26-year-old Kennard, who holds a career mark of 42.7% on 3s, including 44.7% this season. He is not a strong defensive player, but he’s a decent complementary play-maker.
Dealing away three second-rounders for a player who is nine years younger and on a reasonable long-term contract that will pay him about $45.2MM through 2025 (the final year is a team option) makes sense. Green is a very good, albeit streaker shooter, but Kennard is elite in that regard.
Luke Adams contributed to this post.