7:12pm: The trade sending Gafford to the Mavericks in exchange for Holmes and a 2024 first-round pick is official, the Wizards announced in a press release.
Washington will be receiving the second-least favorable of the Thunder’s, Clippers’, Rockets’ (top-four protected), and Jazz’s (top-10 protected) 2024 first-rounders.
12:11pm: The Mavericks will be acquiring the Thunder’s second-least favorable 2024 first-round pick in order to reroute it to the Wizards, reports Stein (Twitter link). Details on that separate deal can be found right here.
10:25am: The Mavericks are nearing a deal to acquire Daniel Gafford from the Wizards in exchange for Richaun Holmes and draft picks, tweets Adrian Wojnarowski of ESPN.
Dallas has been in the market for another big man and lands a reliable rim protector in Gafford, who has been Washington’s starting center for the better part of the last three seasons. The 25-year-old is posting career highs across the board with 10.9 points, 8.0 rebounds, 1.5 assists, 1.0 steals and 2.2 blocks through 45 games.
Gafford is under contract on a team-friendly deal at $12.4MM this season, $13.4MM next season and $14.4MM for 2025/26. He will fortify the Mavericks’ front court and will likely split time at center with rookie Dereck Lively II.
Holmes, 30, was acquired from the Kings last offseason but never established himself as part of the Mavs’ rotation. He appeared in 23 games, starting two, and averaged 3.4 points and 3.4 rebounds in 10.3 minutes per night. He’s making $12MM this year and holds a $12.9MM player option for next season.
The Mavericks are trying to acquire draft assets from other teams so they can send them to Washington to complete the trade, sources tell Marc Stein (Twitter link). Stein adds that Dallas is close to a deal with the Thunder for draft compensation that will be relayed to the Wizards (Twitter link).