Nuggets, Thunder, Pacers, Lakers Fold Draft-Pick Deals Into Four-Team Trade

Three separate draft-pick trades have been officially completed and have been turned into a single four-team deal, according to press releases from the Nuggets, Thunder, and Lakers. The reported terms are as follows:

  • Nuggets acquire the draft rights to Julian Strawther (No. 29 pick; from Pacers), the draft rights to Jalen Pickett (No. 32 pick; from Pacers), the draft rights to Hunter Tyson (No. 37 pick; from Thunder), and the least favorable of the Timberwolves’ and Hornets’ 2024 second-round picks (from Thunder).
  • Thunder acquire the Nuggets’ 2029 first-round pick (protected; from Nuggets).
  • Pacers acquire the least favorable of the Thunder’s, Clippers’, Rockets’ (top-four protected), and Jazz’s (top-10 protected) 2024 first-round picks (from Thunder); the draft rights to Mojave King (No. 47 pick; from Lakers); and cash (approximately $4.3MM; from Lakers).
  • Lakers acquire the draft rights to Maxwell Lewis (No. 40 pick; from Nuggets).

The Nuggets and Thunder reached the first of these trade agreements two weeks ago, followed by the Nuggets and Pacers agreeing to a deal on Wednesday that included one of the picks Denver had received from Oklahoma City. Indiana subsequently flipped one of the picks it got from the Nuggets to the Lakers in a third agreement on Thursday.

Each team involved in this four-way swap is “touching” at least two other clubs in the deal, so no additional pieces needed to be added to make it legal.

Jaylen Martin Signs Two-Way Deal With Knicks

JULY 3: Martin’s two-way contract with the Knicks is now official, per NBA.com’s transaction log.


JUNE 23: Undrafted former Overtime Elite guard Jaylen Martin has agreed to a two-way contact with the Knicks, sources tell Shams Charania of The Athletic (Twitter link).

The 19-year-old averaged 14 points, 5.9 dimes, 1.6 steals, 1.4 rebounds and 0.7 blocks a night across 23.3 minutes per during his lone season with the Atlanta-based developmental league, per Overtime Elite’s official website.

As a two-way signing, the 6’6″ prospect is expected to split his time between New York and the club’s NBAGL affiliate, the Westchester Knicks.

With New York having already agreed to sign former Kentucky forward Jacob Toppin, younger brother of Knicks power forward Obi Toppin, to a two-way contract earlier tonight, two of the team’s three available two-way slots are now accounted for.

It remains to be seen whether or not New York will decide to bring back either of last year’s two-way players, shooting guard Trevor Keels and combo guard Duane Washington, to occupy that third and final two-way contract.

Xavier Castaneda Agrees To Exhibit 10 Deal With Clippers

The Clippers have agreed to sign Xavier Castaneda to an Exhibit 10 contract, tweets Jon Chepkevich of Draft Express.

Castaneda was an All-MAC selection this season at Akron, where he averaged 21.7 points, 4.3 rebounds and 2.9 assists per game as a fifth-year senior. The 23-year-old played three seasons at South Florida before transferring to the Zips.

Exhibit 10 deals are non-guaranteed, but they can be converted into two-way contracts before the start of the season and they give players an opportunity to earn bonuses if they are waived and spend at least 60 days with their team’s G League affiliate. Under the new Collective Bargaining Agreement, that bonus can be worth up to $75K rather than $50K.

Bulls Notes: Ball, Free Agency, White, Dosunmu, Jordan

It doesn’t appear that the Bulls will be getting their starting point guard Lonzo Ball back anytime soon. In remarks made to reporters after Thursday’s draft, team president Arturas Karnisovas poured cold water on the idea that he could return to the hardwood in 2023/24 at all.

“Going into the offseason, our [expectation] is that he’s not coming back next season,” Karnisovas said, tweets Darnell Mayberry of The Athletic.

Since agreeing to a four-year, $80MM sign-and-trade deal with Chicago in the summer of 2021, Ball has appeared in a grand total of 35 contests for his new team.

If he so chooses, Karnisovas could opt to file for a disabled player exception. The exception would be worth half of Ball’s salary and would give the Bulls another tool to sign or trade for a replacement. It would only be granted if Ball is deemed more likely than not to remain sidelined through June 15, 2024.

There’s more out of the Windy City:

  • Speaking of free agency, Karnisovas indicated that he hopes to add more long range shooting to the Bulls’ spacing-challenged roster this summer, per K.C. Johnson of NBC Sports Chicago. “We’re trying to change our shooting profile,” Karnisovas said. “Being last in the league in rate from 3 and 3-point makes, we’re going to try to address that in the offseason.”
  • According to Johnson, Karnisovas also indicated that Bulls ownership is amenable to entering the luxury tax in pursuit of improvement, something the team has only ever done once. The Bulls’ president of basketball operations also suggested that Chicago would extend qualifying offers to guards Coby White and Ayo Dosunmu, making them restricted free agents. White showed significant strides at the end of the 2022/23 season, and makes sense to retain. Dosunmu, meanwhile, regressed considerably during his second season, to the point where he became virtually unplayable in Chicago’s two play-in contests this spring, suiting up for an average of 5.5 MPG.
  • With former Hornets majority owner Michael Jordan in the midst of selling the franchise, it’s high time he bought a stake in the team where he became a Hall of Famer, opines Jon Greenberg of The Athletic. Jordan intends to continue to hold a minority stake in Charlotte for now, but Greenberg argues that the former Chicago shooting guard could divest from the Hornets to buy a solid share of his old team. As Greenberg notes, nowhere is Jordan more beloved than in the city where he cemented his legend, winning six titles in eight seasons while being widely heralded as the greatest player ever.

Wizards Trade No. 57 Pick Trayce Jackson-Davis To Warriors

JUNE 23: The Warriors and Wizards have completed the Jackson-Davis trade separately from their larger Paul/Poole deal. According to a press release, Golden State acquired Jackson-Davis’ rights in exchange for cash considerations.

As noted below, Baldwin will be included in the Paul/Poole trade rather than this one.


JUNE 22: The Warriors are acquiring the No. 57 pick from the Wizards and drafting Indiana’s Trayce Jackson-Davis, Shams Charania of The Athletic tweets.

The same two teams agreed to a much bigger trade on Thursday, with the Warriors trading Jordan Poole and future draft picks to the Wizards for Chris Paul. The Wizards are also acquiring Patrick Baldwin as part of that deal, according to Charania (Twitter link). It’s unclear whether Golden State’s acquisition of the No. 57 pick will be folded into the larger trade as well.

Jackson-Davis, a 6’9” forward, was one of the most productive college players in the nation last season, averaging  20.9 points, 10.8 rebounds and 4.0 assists for the Hoosiers.

Baldwin Jr. was Golden State’s first-round pick last season and appeared in 31 regular-season games.

Porzingis To Celtics, Smart To Grizzlies, Jones To Wizards In Three-Team Trade

JUNE 23: The three-team blockbuster is official, according to a press release from the Celtics.

As our draft recap shows, the No. 25 and No. 35 draft picks included in this deal were both flipped to new teams in separate draft-night trade agreements.


JUNE 21: After their three-team framework with the Clippers was scrapped, the Wizards and Celtics have reached a new agreement to send Kristaps Porzingis to Boston, Adrian Wojnarowski of ESPN reports.

The Grizzlies will also be involved in the revamped three-team deal, with point guard Tyus Jones heading to Washington and Celtics guard Marcus Smart headed to Memphis, per Wojnarowski.

Celtics big men Mike Muscala and Danilo Gallinari will be sent to the Wizards in the trade, according to Adam Himmselbach of The Boston Globe (Twitter links). Muscala has a $3.5MM team option, which will be exercised as part of the deal.

The Celtics will be receiving Memphis’ first-round pick (No. 25) and Golden State’s top-four protected 2024 first-round pick (via Memphis) for Smart, while the Wizards will acquire No. 35 from Boston for Porzingis.

Although Boston still found a way to acquire Porzingis, who picked up his $36MM player option for 2023/24 as part of the agreement, the incoming and outgoing packages are significantly different than the ones the team discussed with Washington and the Clippers earlier on Wednesday.

Rather than sending out Malcolm Brogdon, the Celtics will lose Smart, the longest-tenured player on the roster who had appeared in nearly 700 total regular season and playoff games for the franchise since 2014. It was widely known that Boston was looking to clear a logjam in its backcourt, but it’s a surprise that Smart will be the odd man out rather than Brogdon or Payton Pritchard. Derrick White appears likely to become the new starting point guard in Boston.

According to NBA reporter Marc Stein (Twitter link), the Clippers had concerns over Brogdon’s injury status. The veteran guard tore a tendon in his right elbow this year and is reportedly hoping to avoid surgery.

Having agreed to give up Smart instead of Brogdon, the Celtics will acquire a pair of first-round picks in addition to Porzingis, who is coming off perhaps the best season of his career. He averaged 23.2 points, 8.4 rebounds, 2.7 assists, and 1.5 blocks in 65 games (32.6 MPG) in 2022/23, posting a shooting line of .498/.385/.851.

According to Stein, Porzingis is hoping to sign an extension with the Celtics and there’s a “strong expectation” that he’ll get two years tacked onto his current contract once he becomes eligible for a new deal in July.

Assuming the Celtics hang onto the No. 25 pick, their projected 2023/24 team salary will increase by about $10MM as a result of this deal, pushing their payroll toward the second tax apron, tweets ESPN’s Bobby Marks. It will be interesting to see what the financial outlook – and the addition of Porzingis – means for restricted free agent Grant Williams, who is hardly a lock to re-sign.

The Wizards, meanwhile, continue their roster reset following the hiring of Michael Winger to run their front office. The team previously agreed to trade Bradley Beal to Phoenix and has focused on avoiding multiyear salary commitments in both deals — Jones ($14MM expiring contract), Gallinari ($6.8MM), and Muscala ($3.5MM) are all on track to reach unrestricted free agency by 2024.

While Gallinari and Muscala look like mere salary-matching inclusions, Jones and the No. 35 overall pick are positive assets.

The Wizards could probably accumulate more draft picks if they were to flip Jones to another team, but it sounds like the plan is to make him their starting point guard in 2023/24, per ESPN’s reporting. Monte Morris and Delon Wright are also in that point guard picture for the time being, as is Chris Paul, though he may be traded to a new team or bought out.

It’s an especially interesting move for the Grizzlies, who will be without star point guard Ja Morant for the first 25 games of 2023/24 while he serves a suspension. Jones, one of the league’s top reserve point guards in recent years, projected to be the starter in Morant’s absence, but now that job may belong to Smart.

Besides being able to handle point guard duties, Smart – the 2022 Defensive Player of the Year – will provide the Grizzlies with the sort of perimeter stopper they’ll be losing when Dillon Brooks departs in free agency this offseason. As Stein writes, he should also bring some veteran leadership and stability to Memphis’ locker room.

Smart will receive a $1MM trade bonus as a result of the deal, according to Marks (Twitter link). That money will be spread out across the remaining years on his contract, slightly bumping his cap hits for each season.

The Grizzlies now project to be about $20MM below next season’s tax line, so they should have the full mid-level exception available to spend in free agency if they so choose, Marks adds (via Twitter).


Luke Adams contributed to this story.

Craig Porter Jr. Joining Cavaliers On Two-Way Deal

Craig Porter Jr. has reached an agreement with the Cavaliers on a two-way contract, tweets Chris Fedor of Cleveland.com.

The Wichita State point guard conducted workouts with at least 10 teams and had been considered a possible late second-round pick. Instead, he will try to earn a roster spot with Cleveland through the two-way route.

Porter, 23, is a fifth-year senior who played three seasons with the Shockers after transferring from Vincennes. He had by far his best season in 2022/23, averaging 13.5 points, 6.2 rebounds and 4.9 assists in 31 games and earning third-team All-AAC honors.

Mamadi Diakite and Isaiah Mobley finished this season as Cleveland’s two-way players. Mobley will likely return for another season on a two-way contract, and the Cavs may sign second-round pick Emoni Bates to a two-way deal with the intent of keeping him in the G League for most of his first season, Fedor adds in a full story.

Kawhi Leonard Has “Cleanup” Work On Injured Knee

Kawhi Leonard underwent a “cleanup” surgical procedure on the torn meniscus in his right knee, tweets Ohm Youngmisuk of ESPN.

The operation carries an eight-week recovery period, but Clippers president Lawrence Frank said the surgery took place in early June so there are no concerns that Leonard won’t be ready for the start of training camp. Leonard is feeling “terrific,” Frank adds (Twitter link).

Leonard suffered the injury in L.A.’s playoff opener against the Suns and aggravated it by playing in Game 2. The Clippers split the first two games of the series with Leonard scoring 38 and 31 points, but they lost three straight once he was unable to play.

The five-time All-Star has been hampered by injuries since he signed with the Clippers in 2019. The team was extremely careful with him this season as he returned after missing a full year with an ACL tear. Leonard appeared in 52 games, averaging 23.8 points, 6.5 rebounds and 3.9 assists in 33.6 minutes per night.

Leonard, who turned 32 this month, will earn $45.64MM in what could be his final season with the Clippers. He has a $48.78MM player option for the 2024/25 season and could elect to become a free agent next summer.

Spurs Trade No. 33 Pick Leonard Miller To Timberwolves

JUNE 23: The trade is official, the Timberwolves confirmed in a press release.


JUNE 22: The Timberwolves are acquiring the No. 33 pick from the Spurs, tweets ESPN’s Adrian Wojnarowski. San Antonio will receive two future second-round picks in return, a source tells Woj (Twitter link).

Minnesota will part with its own 2028 second-round selection and Utah’s second-rounder in 2026, according to Jon Krawczynski of The Athletic (Twitter link).

The Wolves used their newly acquired pick to select the G League Ignite’s Leonard Miller.

Miller improved his draft stock in 2022/23 with a strong performance in the G League regular season. He averaged a double-double (18.0 PPG, 11.0 RPG) in 24 games (30.5 MPG), shooting 55.6% from the field.

Spurs To Guarantee Zach Collins’ 2023/24 Salary

Spurs center Zach Collins will be with the team next season, general manager Brian Wright told reporters on Thursday night.

As Andrew Lopez of ESPN tweets, that means Collins’ $7.7MM salary for 2023/24 will become fully guaranteed. June 23 is the last day the Spurs can waive Collins if they want to avoid being on the hook for that money, but it sounds like the team has no plans to take that route.

[RELATED: Early NBA Salary Guarantee Dates For 2023/24]

Collins, 25, appeared in 63 games for San Antonio in 2022/23, making 26 starts and averaging 22.9 minutes per contest. For the season, he averaged 11.6 PPG, 6.4 RPG, and 2.9 APG. He increased those numbers across the board following the February trade of Jakob Poeltl, putting up 16.5 PPG, 8.0 RPG, and 3.8 APG in his final 19 contests.

Wright’s comments on Thursday night come as no surprise, given that head coach Gregg Popovich suggested back in April that Collins would be the Spurs’ starting center in 2023/24.

Of course, Popovich made his remarks before he knew San Antonio would be adding Victor Wembanyama, which certainly changes the makeup of the team’s frontcourt. But Collins still figures to play a prominent role for the Spurs going forward. He underwent a minor procedure on his finger at the end of the season but should be good to go for training camp in the fall.

Collins will become eligible for a contract extension next month and will reach unrestricted free agency in 2024 if he doesn’t sign a new deal before then.