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Trade Rumors: Wizards, Morris, George, Bridges, Nets, Bulls

June 22nd, 2023 at 1:33pm CST by Luke Adams

Having agreed to acquire point guards Tyus Jones and Chris Paul in separate trades, the Wizards have begun talking to rival teams about Monte Morris, league sources tell Jake Fischer of Yahoo Sports. According to Fischer, Washington’s front office – which has already been very active this offseason – is telling potential trade partners that the team doesn’t want to take on any long-term money.

It remains to be seen what the Wizards have in mind for Paul. Adrian Wojnarowski of ESPN (YouTube link) said during a TV appearance earlier this week that he doesn’t get the sense that Washington is trying to “bottom out” by going into full tank mode, suggesting he can envision a scenario where Paul is on next season’s roster. However, that was before the team agreed to acquire Jones.

According to Fischer, the Wizards and Suns are tentatively planning for the Bradley Beal trade call to take place on Friday. It’s unclear whether Paul will be flipped to a new team as part of that deal or whether Washington’s three-team trade with Boston and Memphis might be folded into the same transaction.

Here are a few more trade rumors from around the NBA:

Andrew Greif and Broderick Turner of The Los Angeles Times provide a little more context on the recent Paul George trade rumors, suggesting that the Knicks initiated talks with the Clippers but are hesitant to pursue the star forward, who may seek an extension when he becomes eligible this offseason. There’s a sense that George’s value might not be as high as the Clippers would like, given his injury history and his contract situation, per The Times’ duo. A previous report indicated he’s unlikely to be dealt.
Rising star Mikal Bridges tells Brian Lewis of The New York Post that he has been informed by the Nets that they have no interest in trading him. The team has conveyed that stance both publicly and privately, according to Lewis. “As of right now they’re saying they’re not, but I think just being a good person kind of helps with that, because there’s just like you don’t want to lose a person like that, which is always a good quality to have,” Bridges said. “So, [I feel] just blessed, man; just blessed and very appreciative for that. And that just does show that love, honestly.”
In addition to offering four first-round picks for Bridges at the trade deadline, the Grizzlies are also said to have targeted Magic forward Franz Wagner in recent months, Fischer reports. Fischer refers to the team’s decision to surrender a pair of first-rounders for Marcus Smart as a “middle-ground” move after those more ambitious pursuits didn’t pan out.
While it doesn’t sound like Bridges will be going anywhere this offseason, the futures of fellow Nets forwards Dorian Finney-Smith and Royce O’Neale remain uncertain. According to Fischer, Brooklyn is seeking a first-round pick in return for O’Neale and wants a pick and a player for Finney-Smith.
It may end up being a quiet draft night for the Bulls, who don’t currently have a pick, but they’re still exploring ways to acquire a first-rounder, reports Joe Cowley of The Chicago Sun-Times. In other Bulls news, Cowley hears from sources that free-agent-to-be Nikola Vucevic may be willing to give Chicago a “hometown discount” on a new multiyear contract. The big man made $22MM this past season.

Suns Officially Announce Changes To Coaching Staff

June 21st, 2023 at 4:37pm CST by Rory Maher

The Suns were among the teams to make a coaching change this offseason, replacing Monty Williams with Frank Vogel earlier this month. Vogel and the team have been quickly working to assemble his coaching staff, with Phoenix issuing a press release on Wednesday to make several new hires official.

The only returning assistant coach is Kevin Young, who was a finalist for Phoenix’s head coaching job and ultimately stuck with the Suns after they made him the highest-paid assistant in the league.

The new additions, some of which were previously reported, are as follows:

David Fizdale, the former head coach of the Grizzlies and Knicks who was an assistant under Vogel with the Lakers in 2021/22. Fizdale was an associate GM with the Jazz this past season.
Quinton Crawford, who was an assistant with the Mavericks this past season and spent three years under Vogel with the Lakers from 2019-22, winning a title in 2020.
Miles Simon, a former Arizona star who was an assistant with the Lakers for four seasons prior to becoming the head coach of the South Bay Lakers, the team’s G League affiliate, the past two seasons.
Greg St. Jean, another former assistant with the Lakers under Vogel who went to Dallas with Jason Kidd in ’21/22.
John Lucas III, a former NBA point guard who was an assistant under Vogel in ’21/22.
Dru Anthrop, who had been head video coordinator and a member of the Lakers’ staff since ’19/20.
Jon Pastorek, a former Lakers player development coach and advance scout.

The Suns enter ’23/24 with the goal of winning their first championship, having agreed to a trade that will bring Bradley Beal to Phoenix after landing Kevin Durant in February.

Trade Rumors: G. Williams, Hunter, Nuggets, Wizards, Ayton, More

June 21st, 2023 at 11:04am CST by Luke Adams

The Mavericks are among the teams that have spoken to the Celtics about the idea of a Grant Williams sign-and-trade, a league source tells Tim Cato of The Athletic. While it’s not easy to envision a deal that gets Williams to Dallas and appeals to both teams, the Mavs are just one of many potential suitors for the restricted free agent forward.

According to Jared Weiss of The Athletic, there have been more than a half-dozen teams to inquire with the Celtics about the possibility of signing-and-trading for Williams. At this point, Boston is conveying that it wants to retain Williams, per Weiss, who notes that new Celtics assistant coach Charles Lee is a fan of the forward and could help get more out of him in 2023/24 and beyond.

Within his story, Weiss also notes that veteran guard Malcolm Brogdon, who is optimistic he can avoid surgery on a torn tendon in his left elbow, would like to remain in Boston. Brogdon’s name has come up in trade rumors early in the offseason as the Celtics reportedly explore ways to clear a backcourt logjam.

Here are a few more trade-related rumors and notes from around the NBA:

Within his latest mock draft, Jonathan Wasserman of Bleacher Report cites league sources who say the Hawks have explored the trade market for forward De’Andre Hunter. One motivating factor, Wasserman explains, would be opening up more playing time for promising young wing AJ Griffin.
The Nuggets, who worked out Trayce Jackson-Davis, Andre Jackson, Jordan Walsh, Kobe Brown, Drew Timme, and Tyree Appleby on Tuesday, continue to actively explore deals that would get them into the first round of Thursday’s draft, according to Mike Singer of The Denver Post (subscription required), who says Denver is talking to multiple teams.
The Wizards asked for Suns center Deandre Ayton when the two teams were negotiating their Bradley Beal trade, but Phoenix was unwilling to include him, tweets John Gambadoro of Arizona Sports 98.7.
Gambadoro said this week during an appearance on the HoopsHype podcast that he has been told the Heat weren’t all that interested in pushing for Beal. Reports have indicated that Beal would have approved a move to Miami, and it seems as though the Heat could’ve put a stronger package on the table than the one the Wizards got from the Suns if they’d been so inclined.
While it comes as no surprise, the heads of basketball operations for the Hornets (Mitch Kupchak) and Pacers (Kevin Pritchard) both said they don’t anticipate keeping and using all of the 2023 draft picks they own, per Rod Boone of The Charlotte Observer (Twitter link) and Scott Agness of Fieldhouse Files. The two teams, who each figure to make at least one draft-night trade, control five picks apiece — Indiana has three in the first round and two in the second, while Charlotte has a pair of first-rounders and three early seconds.

Atlantic Notes: Milton, Harris, Randle, Bridges, Toppin, Rajakovic

June 20th, 2023 at 7:45pm CST by Dana Gauruder

Shake Milton is the least likely of the Sixers’ free agents to re-sign with the club, according to Kyle Neubeck of PhillyVoice.com. Milton is looking for a opportunity to get an expanded role elsewhere, though that could change if the Sixers fail to re-sign James Harden.

There’s also no traction regarding a possible trade involving Tobias Harris and his expiring contract, Neubeck writes. There’s no sense of urgency to deal Harris, as the Sixers believe they’ll have multiple windows beyond this week to potentially move him. They’re not inclined to deal the veteran forward unless it improves their flexibility or top-end ceiling, Neubeck adds.

We have more from the Atlantic Division:

Julius Randle believes the Knicks are “not that far off” from being a championship team, he said on Paul George‘s Podcast P show (hat tip to SNY TV’s Ian Begley). “We got a great mixture of talent, bro. We’ve got young dudes, we’ve got guys going in their prime. So we’ve got a great mixture of guys and it’s like, ‘How do we keep getting better?’ So from a team standpoint, I think that’s where we at.”
Mikal Bridges believes that when injuries struck the Suns last season, he got a chance to showcase his offensive ability. That set him up to become a primary option after he was traded to the Nets, he told Chris Mannix of Sports Illustrated. “I always tell people I got traded at the right time with having pretty much the whole team out and being the guy for about a month and just going through the pains and the gains and growth throughout every day,” he said. “Having bad games and losing a lot to finally starting to get it going and start being efficient and trying to win games. And then once it kind of got to that and then that’s when I got traded. So it was perfect timing. I couldn’t have been traded at a better time.”
Obi Toppin’s trade value could be a late first-rounder in this year’s draft, a source told Stefan Bondy of the New York Daily News. The Pacers could be a potential suitor for the Knicks’ backup power forward, Bondy suggests, since they were interested in him before last season’s trade deadline and possess two late first-round picks. However, Toppin has supporters within the organization and he would become more valuable to the Knicks if they deal Randle in a blockbuster.
Darko Rajakovic presented a straightforward approach during the interviewing process for the Raptors’ head coaching job, he told Serbian media outlet MozzartSport (hat tip to Eurohoops.net). “When I entered the whole process, I had no intention of pleasing anyone and simply wanted to present myself, who I am and what I am, what my beliefs are, and what my basketball philosophy is,’ he said. “In the end, they liked it the most, so they decided to hire me.”

Suns Notes: Ayton, Landale, Okogie, Craig, Warren, More

June 20th, 2023 at 4:03pm CST by Luke Adams

If they move Deandre Ayton this offseason, the Suns‘ preference would be to get multiple depth pieces in return rather than simply trading his contract to a cap-room team and acquiring a draft pick or two, John Gambadoro of Arizona Sports 98.7 told Michael Scotto in the latest episode of the HoopsHype podcast.

As the Suns look to fill out their roster following the Bradley Beal blockbuster, they’ll also have interest in re-signing free agents like Jock Landale, Josh Okogie, and Torrey Craig, according to Gambadoro, though he says T.J. Warren is expected to be let go. Scotto confirms that Landale and the Suns have mutual interest in a new deal, with Gambadoro suggesting that the team “really” likes having the big man as its backup center.

Gambadoro and Scotto also discussed several other Suns-related topics during the podcast, including Isiah Thomas‘ unofficial role with the franchise, which Chris Paul alluded to in an interview with The New York Times.

As Gambadoro explains, Thomas isn’t going to be brought into the fold officially in a front office position, but he’s a trusted confidant for new owner Mat Ishbia, who will likely continue soliciting Thomas’ input and bouncing ideas off of him. Longtime Michigan State head coach Tom Izzo is another Ishbia confidant, Gambadoro adds.

Here’s more on the Suns:

During the HoopsHype podcast, Gambadoro also discussed the tension that existed between former Suns head coach Monty Williams and players like Jae Crowder and Ayton. “The Jae Crowder situation was all on Monty. He told people he was too difficult to handle and coach. Monty didn’t want Jae. It wasn’t the Suns organization. He didn’t want Jae around,” Gambadoro said. “As far as Deandre Ayton, Monty didn’t want him either. He wanted them to trade him to Indiana for Myles Turner. He didn’t like coaching Ayton. … Monty’s a good coach and a player’s coach, but he’s a player’s coach for the players he likes, but he wasn’t in on Jae and Deandre.”
The Suns are counting on having a second-round pick in Thursday’s draft, tweets Gambadoro. It will either be No. 52 – Phoenix’s current selection– or No. 57, if the Suns and Wizards swap late second-rounders as part of the Beal trade.
Ian Begley of SNY.tv reported that the Suns – before acquiring Beal – were among the teams to reach out to the Mavericks earlier this offseason to inquire about a possible Kyrie Irving sign-and-trade. However, Gambadoro shot down that report, tweeting that it “never happened.” Either way, with Beal in the fold, an Irving pursuit is definitely off the table.
Duane Rankin of The Arizona Republic takes a look at what sort of traits the Suns will be looking for as they attempt to fill out their roster on the cheap. The team could use at least one more wing shooter, a big man who can stretch the floor and rebound, and a defensive stopper, writes Rankin.
Eugene German, a former Northern Illinois Star who spent last season playing in China, will work out for the Suns on June 28, a source tells Sean Paul of Mountain West Wire (Twitter link).

Chris Paul Claims Isiah Thomas Influenced Beal Blockbuster

June 19th, 2023 at 4:34pm CST by Dana Gauruder

Chris Paul believes Hall of Famer and former NBA executive Isiah Thomas played a role in the Wizards’ unofficial blockbuster trade with the Suns. Paul repeatedly told Sopan Deb of the New York Times that Suns owner Mat Ishbia and Thomas “wanted to go in a different direction.”

Thomas is good friends with Ishbia but doesn’t have an official role with Phoenix.

Paul, mainly due to his salary, was included in the trade that sent Bradley Beal to the Suns. The Wizards are reportedly looking to involve a third team and re-route Paul to a contending club.

Paul said he learned of the trade via a text from his 14-year-old son while he was flying to New York, where he’s embarking on a promotional tour for his new book. Even though the Suns had been mulling their options regarding Paul and his partially guaranteed contract, the trade “surprised” him.

“I really haven’t had enough time to process it yet. Like seriously, because these things that happen affect more than just me,” said Paul, who had been in contact with Suns president of basketball operations James Jones the previous day.

Paul added, “Like I said, Mat and Isiah, they want to go in a different direction. But my time there has been amazing.”

Paul’s comments suggest that not only did Ishbia push to acquire Beal but that Thomas has a major influence on his thinking, with his voice counting more than anyone in the front office.

In early February, a report surfaced that Ishbia planned to hire Thomas for a prominent role in the front office. Thomas is on the board of directors of United Wholesale Mortgage, Ishbia’s company. However, the Suns soon shot down the rumor that Thomas would have an official role with the Suns.

Thomas hasn’t had an official front office position in the NBA since he was the Knicks’ president of basketball operations from 2003-08.

Heat Notes: Lillard, Herro, Beal, Draft, Riley

June 19th, 2023 at 4:02pm CST by Luke Adams

With Bradley Beal off the trade market, the Heat are shifting their focus to Damian Lillard and believe they have a real chance to acquire the Trail Blazers star, Barry Jackson of The Miami Herald writes, confirming previous reporting from Chris Haynes.

In his latest story for The Herald, Jackson looks at potential packages the Heat could offer for Lillard if he becomes available, noting that the deal would likely start with two players out of the trio of Tyler Herro, Kyle Lowry, and Duncan Robinson. Miami’s proposal could include up to three first-round picks, including this year’s No. 18 selection.

As Jackson observes, if the Heat want to preserve their draft assets, they could put forth a more player-centric offer headed by Herro, Caleb Martin, Nikola Jovic, and Victor Oladipo‘s expiring contract, with perhaps just one or two picks included.

If Miami makes a deal for Lillard, Anthony Chiang of The Miami Herald writes in a separate story, it likely won’t occur until July, when the new CBA will be in effect and the Heat will only be able to take back up to 110% of their outgoing salary in a trade instead of 125%. While Lillard could be traded in June before the new CBA begins, including Herro in an offer would probably require Miami to wait until next month, since his rookie scale extension will begin in July, increasing his outgoing trade value from $5.7MM to $27MM.

Here’s more on the Heat:

Having previously reported that Beal would have been willing to waive his no-trade clause to join the Heat, Jackson provides more information, tweeting that two sources close to Beal said the guard would approved a move to either Miami or Phoenix. As Jackson explains (via Twitter), the Wizards simply preferred the Suns‘ offer to the Heat’s, in large part because Miami’s offer – believed to be built around Lowry and Robinson – featured nearly twice as much guaranteed money.
Heat assistant general manager Adam Simon spoke to Ira Winderman of The South Florida Sun Sentinel about the extensive work the team has done to prepare to make the No. 18 pick in this Thursday’s draft, despite the fact that the selection could end up being used in a trade.
Heat president Pat Riley will hold an end-of-season press conference and speak to reporters on Tuesday, tweets Jackson. Of course, he won’t be able to talk about any players under contracts with other teams, such as Beal or Lillard.

Trade Rumors: Brogdon, Ayton, Blazers, Zion, CP3, More

June 19th, 2023 at 2:08pm CST by Luke Adams

With Bradley Beal headed to Phoenix, the Suns are no longer likely to be players for Celtics guard Malcolm Brogdon, whom they were linked to last week, writes Brian Robb of MassLive.com.

As Robb notes, the Suns still have Deandre Ayton as a trade chip and could theoretically send him out in a Brogdon trade. But the Celtics aren’t interested in Ayton due to his pricey multiyear contract, Robb says, so a third team would have to be involved to take Ayton and send something to Boston. Even if the Suns and Celtics could find a third team, it seems unlikely that Phoenix would want to trade Ayton for another guard, given the current make-up of the team’s core.

Here are a few more trade rumors and notes from around the NBA:

Kevin O’Connor of The Ringer has gotten the sense from league sources that if the Trail Blazers were to make a trade with the Pelicans involving the No. 3 pick, they’d rather acquire Zion Williamson than Brandon Ingram. Shams Charania of The Athletic previously reported that the Hornets (at No. 2) would likely prefer Ingram to Williamson.
Although he expects Williamson to open the 2023/24 season with the Pelicans, Ian Begley of SNY.tv explores potential pathways for the Knicks to acquire the former No. 1 overall pick.
During an appearance on FanDuel TV (Twitter video link), Charania says the Warriors were among the teams to discuss a Chris Paul trade with the Suns before Phoenix agreed to acquire Beal from Washington. With the Wizards exploring the possibility of flipping Paul to a third team, it’s unclear whether or not they’ve touched base with Golden State.
The Clippers, previously identified as a possible trade partner for Paul, wouldn’t shut the door on re-signing Russell Westbrook if they were able to land CP3, according to Law Murray of The Athletic, who hears from sources that the Clips would still offer Westbrook the biggest deal they can using his Non-Bird rights (120% of the veteran’s minimum).

Stein’s Latest: Pacers, Barnes, Anunoby, Hawks, Lively, Beal

June 19th, 2023 at 12:59pm CST by Luke Adams

If the Pacers aren’t able to trade for a starting-caliber forward, either using the No. 7 pick or other assets, they’re expected to turn to free agency in an effort to land that sort of player, Marc Stein writes at Substack.

One player Indiana has some interest in, league sources tell Stein, is Kings forward Harrison Barnes, who will be an unrestricted free agent next week. As Stein points out, Pacers head coach Rick Carlisle coached Barnes in Dallas, while point guard Tyrese Haliburton played with the veteran in Sacramento, so Barnes certainly has fans within the organization.

Stein classifies Barnes as a “strong” candidate to change teams this offseason, though he hears from one source that a return to the Kings hasn’t been ruled out.

Here’s more from Stein:

A team with interest in acquiring OG Anunoby described the Raptors‘ feelings about trading him as “strong reluctance,” Stein writes. While Anunoby has no shortage of potential suitors – including teams like Indiana, Portland, Memphis, and Sacramento – Stein says the early signals suggest the Raptors may end up once again holding onto him, like they did at the trade deadline.
The Hawks are “known to be interested” in Duke big man Dereck Lively and have spoken to Dallas about trades involving the No. 10 pick, according to Stein. While Stein doesn’t go into detail about how the possibility of Atlanta landing Lively would affect the team’s current big men, such as center Clint Capela, that frontcourt would be getting awfully crowded.
A veteran personnel executive tells Stein that Bradley Beal getting to be the third option with the Suns should “suit him very well.” Beal was probably miscast as a franchise player in Washington, but made a career-best 50.6% of his shots this past season as he increasingly shared the scoring load with Kristaps Porzingis and Kyle Kuzma while his shot attempts per game dipped to 17.6 (his lowest mark since 2016/17).

Wizards To Trade Bradley Beal To Suns

June 19th, 2023 at 12:21pm CST by Luke Adams

JUNE 19, 12:21pm: In addition to Beal and Goodwin, the Wizards are also sending Isaiah Todd to the Suns in the trade, according to Wojnarowski (Twitter link). Todd’s minimum salary ($1,836,096) for the 2023/24 season is fully guaranteed.

As John Hollinger of The Athletic tweets, Todd is coming off a disappointing season and was no longer in the Wizards’ plans, but from the Suns’ perspective, he’ll be a little cheaper than a minimum-salary veteran.

JUNE 18, 7:34pm: The Wizards are likely to include Jordan Goodwin in the trade, Josh Robbins of The Athletic tweets. Goodwin’s minimum-salary ($1,927,896) contract for next season is currently partially guaranteed for $300K.

JUNE 18, 3:35pm: The Wizards and Suns have agreed to a blockbuster trade that will send Bradley Beal to Phoenix, reports Adrian Wojnarowski of ESPN (Twitter links).

According to Wojnarowski and Shams Charania of The Athletic (Twitter link), the Wizards are expected to receive Chris Paul, Landry Shamet, multiple second-round picks, and multiple pick swaps in the trade. It will likely take a few days for the deal to be officially finalized, Woj adds.

Word first broke on Wednesday that the Wizards and Beal’s camp had been in contact about possible trade scenarios as the team’s new front office – led by president of basketball operations Michael Winger – mulled the possibility of a roster reset.

Beal’s contract, which has four years and nearly $208MM left on it, includes a no-trade clause, which gave him significant control over the process and limited the Wizards’ options. On Saturday, reports indicated that Washington was in serious talks with the Suns and Heat about possible deals involving the star guard.

It’s unclear whether the Wizards preferred the Suns’ offer, Beal preferred Phoenix over Miami, or both. John Gambadoro of Arizona Sports 98.7 (Twitter link) hears that Phoenix was the only place Beal wanted to go, viewing it as the best fit for him and his family. However, according to Barry Jackson of The Miami Herald (Twitter link), the 29-year-old would have been happy to land with the Heat too, but the Suns were more aggressive in their pursuit.

Either way, Beal will form a new Big Three alongside Kevin Durant and Devin Booker, as new Suns owner Mat Ishbia takes another big swing following the team’s deadline acquisition of Durant. A three-time All-Star, Beal will be changing teams for the first time in his career following 11 years in Washington.

“This was an extremely complicated process with so many different hurdles to get through and (Wizards owner) Ted Leonsis and Michael Winger were unbelievable partners in making this happen,” Beal’s agent Mark Bartelstein said in a statement confirming the agreement, per Wojnarowski (Twitter link).

One of the NBA’s most prolific scorers in recent years, Beal averaged 30.5 points per game in 2019/20 and 31.3 PPG in 2020/21, but has seen his numbers dip in the past two seasons as he battled injuries and cut back on his shot attempts. In 90 games since the start of the ’21/22 season, he has averaged 23.2 PPG and 6.0 APG on .480/.333/.838 shooting in 34.6 minutes per night.

With Durant, Booker, Beal, and former No. 1 overall pick Deandre Ayton all on maximum-salary contracts that run through at least 2025/26, the Suns’ team salary projects to be over the NBA’s new second tax apron for the next three seasons or more, limiting their ability to upgrade their roster around that core, tweets ESPN’s Bobby Marks. Barring a trade of Ayton, Phoenix will have to fill out its roster this offseason by re-signing its own free agents and/or adding outside free agents on minimum-salary contracts.

Having already sent their 2023, 2025, 2027, and 2029 first-round picks – as well as a 2028 first-round pick swap – to Brooklyn for Durant, the Suns could only offer the Wizards a pick swap in 2024 and/or 2026 in addition to multiple second-round selections. Phoenix’s 2029 second-rounder is the only one that was traded away in a previous deal.

Meanwhile, Winger’s tenure in D.C. will begin with a cost-cutting trade of a franchise player who signed what was – at the time – the richest contract in NBA history just one year ago. Paul and Shamet are under contract through at least 2024/25, but aren’t owed any guaranteed money beyond ’23/24, so they’re essentially on expiring contracts, while Beal would have made an average of $52MM through ’26/27.

Paul’s $30.8MM salary for next season is currently only partially guaranteed for $15.8MM, but that guarantee will need to be increased by nearly $10MM in order to meet the NBA’s salary-matching rules.

A league source tells Josh Robbins of The Athletic (Twitter link) that the Wizards would like to keep Paul for next season, but if CP3 decides he wants to be on a club closer to contention, the Wizards and Suns would work to expand the trade to get him to a third team. It’s unclear whether Paul might be waived or bought out if he doesn’t want to play in D.C. and the trade can’t be turned into a three-team deal.

If he’s cut by Washington, Paul would be ineligible to return to the Suns, but would almost certainly pass through waivers and be able to sign with any other team as an unrestricted free agent. The Lakers are reportedly among the clubs expected to have “strong” interest in him in that scenario.

Shamet is owed $10.25MM in 2023/24 with non-guaranteed cap hits of $11MM and $11.75MM for the following two seasons.

Having moved on from Beal, the Wizards will now face major decisions on Kyle Kuzma and Kristaps Porzingis, both of whom can become unrestricted free agents if they decline player options for 2023/24.

If Washington pivots to a full rebuild, it will have a ripple effect on the Knicks, who are owed one of the Wizards’ first-round picks. That pick is top-12 protected in 2024, top-10 protected in 2025, and top-eight protected in 2026. It would turn into a pair of second-rounders if it hasn’t conveyed by then.

As for the Heat, they intend to shift their focus to Trail Blazers guard Damian Lillard and genuinely believe that Lillard could seek a trade out of Portland this offseason, reports Chris Haynes of Bleacher Report and TNT (Twitter link).

Beal has a 15% trade kicker, but because he’s already earning the maximum salary, it will be voided in this deal, Marks notes (via Twitter). Crucially, the guard’s no-trade clause will carry over to Phoenix, so the Suns would need to get his approval if they want to trade him down the road.