10:29pm: Both teams have now officially announced the trade.
6:29pm: The Clippers are trading guard Austin Rivers to the Wizards in exchange for center Marcin Gortat, reports Adrian Wojnarowski of ESPN, making it perhaps even more likely that center DeAndre Jordan is on his way out of L.A.
It was reported earlier today that Jordan, who has yet to decide on his 2018/19 player option, is considering exercising his option in order to facilitate a trade to another team, a la former teammate Chris Paul last season. While nothing has been reported officially, it seems odd that the Clippers would trade for Gortat if they have any expectation of keeping Jordan in Los Angeles.
After drafting Shai Gilgeous-Alexander and Jerome Robinson in the lottery last week, Rivers appears to be a casualty of the Clippers’ guard heavy roster moving forward, especially given his price tag of $12.65MM, which is approximately twice the amount that the Clippers will pay their two rookies combined.
Meanwhile, it had already been reported that the Wizards were hoping to move on from Gortat. The Wizards needed a proven reserve guard to give John Wall and Bradley Beal some backup and, as detailed by Ohm Youngmisuk of ESPN, to move on from Gortat from a locker room standpoint. As was highly publicized, Gortat and Wall had an inconsistent relationship, culminating in a public social media spat last season.
The Wizards now figure to enter the free agent period this weekend in search of a center. Ian Mahinmi and Jason Smith are currently under contract for next season.
From a salary cap perspective, the salaries of Rivers and Gortat match nicely, with Gortat scheduled to make $13,565,218 next season, only $915,218 more than Rivers. Assuming the swap is made official before the new league year begins on Sunday, the Wizards will create a trade exception worth $957,609, the difference between the two players’ 2017/18 salaries.
The Wizards will also save about $1.4MM in luxury tax penalties by taking on Rivers’ salary in exchange for Gortat’s, as noted by ESPN’s Bobby Marks.
Both Rivers and Gortat are in the final year of contracts, and will become unrestricted free agents next summer.
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