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Warriors Trade D’Angelo Russell To Timberwolves

The Warriors have officially traded star guard D’Angelo Russell to the Timberwolves, the teams announced in a pair of press releases. Minnesota has also acquired big man Omari Spellman and guard Jacob Evans along with Russell.

In exchange, Golden State receives swingman Andrew Wiggins, a protected 2021 first-round pick, and a 2021 second-round pick. The 2021 first-rounder headed to Golden State will be Minnesota’s own top-three protected pick. It would become unprotected in 2022 if it doesn’t convey next year.

The Wolves’ acquisition of Russell represents the culmination of a pursuit that dates back at least to the 2019 free agent period, when the team made D-Lo its top target and offered him a lucrative four-year contract. Minnesota had hoped to pair the All-Star guard with his good friend Karl-Anthony Towns, but were passed over when the Warriors swooped in with a four-year, max-salary offer. Seven months later, Timberwolves president of basketball operations Gersson Rosas got his man.

The blockbuster deal comes at a good time for the Wolves, who have struggled mightily since their 10-8 start, and for Towns, who – after Wednesday’s game – publicly expressed his frustration with all that losing. Towns was also believed to be disappointed by the departure of Robert Covington, who was one of his best friends on the team, so Minnesota will hope that the arrival of Russell can help rejuvenate the big man’s enthusiasm — and get the Wolves a few more wins down the stretch.

The Timberwolves will now enter the summer with a pair of 24-year-old cornerstones on long-term contracts, as Russell is locked up through 2023 and Towns through 2024. They also still have their own 2020 first-round pick, as well as Brooklyn’s lottery-protected first-rounder. So they’ll have the opportunity to bring in a pair of promising prospects or use those picks in trades to further upgrade the roster.

The deal does put the Wolves slightly into tax territory, ESPN’s Bobby Marks reports (via Twitter), so another move could be forthcoming.

Meanwhile, it’s a fascinating pivot for the Warriors, who were said to be seeking a first-round selection in 2021 rather than 2020, since next year’s draft class is expected to be stronger than this year’s. The Wolves reportedly put their own 2020 protected pick and Brooklyn’s lottery-protected pick on the table in a previous offer, but it appears Golden State was willing to accept just a single first-rounder now that it’s a lightly-protected 2021 pick.

Besides the first-round pick and accompanying second-rounder, the Warriors get two things out of the deal: The first is Wiggins, whose max-salary contract had been widely considered a negative. According to Anthony Slater of The Athletic (Twitter link), however, there’s a contingent within the Warriors who believe that Wiggins is a “salvageable project.” Slater believes the deal will ultimately be judged on whether Golden State can turn Wiggins into the team’s long-term starting small forward or eventually flip him for positive value.

The second perk for the Warriors is that the deal should allow them to sneak out of the tax for this season, which will help them avoid current and future repeater penalties. Marks tweets that the team will be $3.1MM below the tax threshold and should be able to stay below that line even after filling out its roster. Golden State will have six open roster spots, necessitating at least five eventual additions, but the club will be able to stagger those signings to some extent.

ESPN’s Adrian Wojnarowski first broke the news and reported the terms of the trade (all Twitter links).

Photo courtesy of USA Today Sports Images.

Sixers Trade James Ennis To Magic

4:03pm: The trade is now official, the Magic announced in a press release. President of basketball operations Jeff Weltman said in a statement that Ennis will add “shooting, athleticism, and toughness” to the team.

Orlando also confirmed the release of Amile Jefferson, which we noted in a separate story.

2:00pm: The Sixers have reached an agreement to trade James Ennis to the Magic in exchange for a second-round pick, tweets ESPN’s Adrian Wojnarowski.

Ennis’ approval was required to complete the deal, adds Bobby Marks of ESPN (Twitter link). He has veto power over any trade because he’s on a one-year Bird restriction.

Philadelphia will receive the Lakers’ 2020 second-rounder in return, according to Josh Robbins of The Athletic (Twitter link). It would be 59th overall if L.A. remains in its current position in our Reverse Standings.

Because Orlando has a full roster, an opening must be created before the deal can be finalized. The most likely move is an early termination for Gary Clark‘s second 10-day contract, which expires tomorrow night.

The Sixers needed to clear two players off their roster after agreeing to a deal last night with the Warriors that will bring Alec Burks and Glenn Robinson III  in exchange for three second-round picks.

Magic To Waive Forward Amile Jefferson

The Magic plan to waive forward Amile Jefferson, Josh Robbins of The Athletic tweets.

Orlando needs to open up a roster spot to make room for incoming forward James Ennis. The Magic agreed to acquire Ennis from the Sixers for a second-round pick on Thursday.

Jefferson, 26, has made 18 mostly brief appearances with the Magic this season, averaging 0.8 PPG and 1.3 RPG in 4.1 MPG. He also appeared in 12 games with Orlando last season.

Jefferson signed a two-year contract with Orlando in early November after playing for the team on a two-way deal last season. However, the second year of the minimum contract was not guaranteed. Jefferson, who was on a two-way contract with the Timberwolves for a good portion of the 2017/18 season, spent a majority of this season in the G League.

With Jefferson on his way out, it appears Orlando will retain Gary Clark for now. His second 10-day contract with the club expires on Friday night, so the club would have to re-sign him to a rest-of-season deal to keep him beyond that point.

Pistons To Waive Tim Frazier

The Pistons will waive point guard Tim Frazier so they can complete their Andre Drummond trade with the Cavaliers, tweets ESPN’s Adrian Wojnarowski.

Detroit is receiving Brandon Knight and John Henson in the deal, along with a second-round pick. The Pistons have a full 15-man roster, so another move is necessary before the trade can be finalized. Vince Ellis of The Detroit Free Press reported earlier today that Frazier would likely be the odd man out.

Frazier averaged 3.6 points and 3.4 assists in 27 games in his first season as a Piston. His minimum-salary cap hit will remain on Detroit’s books, assuming he clears waivers. He’ll become an unrestricted free agent this weekend.

Clippers Won’t Retain Isaiah Thomas

The Clippers won’t be keeping Isaiah Thomas after acquiring him in today’s three-team deal with the Wizards and Knicks, reports David Aldridge of The Athletic (Twitter link). Since the deadline has now passed, we can assume that means Los Angeles will be releasing Thomas once the trade is officially complete.

Thomas, who will turn 31 on Friday, started 37 games this season for the Wizards and has had a nice bounceback year, averaging 12.2 PPG and 3.7 APG with a .409/.413/.816 shooting line in 23.1 minutes per contest. He has been a liability on defense, however — Washington recorded a dismal 120.2 defensive rating during his minutes.

Waiving Thomas would open up a second spot on the roster, since the club also traded point guard Derrick Walton to Atlanta today. Los Angeles may be targeting specific players on the buyout market – including comeback candidate Darren Collison – for those roster openings.

Assuming Thomas is cut today, teams around the NBA will have an opportunity to claim him off waivers this weekend. Since he’s on a minimum-salary deal, no cap room or trade exception would be required to place a claim.

Kings Waive Eric Mika

The Kings have terminated Eric Mika‘s 10-day contract to open a roster spot so they can complete a trade with the Hawks, tweets James Ham of NBC Sports Bay Area.

Sacramento agreed last night to send Dewayne Dedmon to Atlanta in exchange for Jabari Parker and Alex Len. Because the Kings had a full roster, another move was necessary before the deal could be finalized.

Mika, a 25-year-old power forward, got into just one game after signing his contract on February 1. He scored six points and collected seven rebounds in 19 minutes.

Sixers To Waive Trey Burke

The Sixers will waive back-up point guard Trey Burke so they can complete a trade with the Warriors, tweets Keith Pompey of The Philadelphia Inquirer.

Philadelphia agreed last night to send three second-round picks to Golden State in exchange for Alec Burks and Glenn Robinson III. Because the Sixers had a full roster, two spots had to be opened before the deal could be finalized. In addition to cutting Burke, Philly is trading James Ennis to the Magic for a second-rounder.

Burke, 27, appeared in 25 games for the Sixers after signing as a free agent last summer. He averaged 5.9 points and 2.1 assists per game while sharing reserve point guard duties with Raul Neto.

Wolves, Grizzlies Swap James Johnson, Gorgui Dieng

UPDATE: This trade is now official. See this story for more details.

The Timberwolves and Grizzlies have agreed to a trade that will send forward James Johnson to Minnesota and big man Gorgui Dieng to Memphis, according to Jon Krawczynski of The Athletic (Twitter link).

Johnson is technically still a member of the Heat but is being traded to Memphis in the six-player Andre Iguodala trade. The Dieng deal with the Wolves may be folded into that transaction to make it a three-team trade, tweets ESPN’s Adrian Wojnarowski.

As Chris Herrington of The Daily Memphian observes (via Twitter), swapping Johnson for Dieng will add a little more salary to Memphis’ books this season and next year, but the Grizzlies view the big man as a better fit on their depth chart.

Dieng, who is under contract for $16.23MM in 2019/20 and $17.29MM in 2020/21, has averaged 7.4 PPG and 5.6 RPG in 46 games (16.9 MPG). He was particularly effective during Karl-Anthony Towns‘ injury absence, posting 12.9 PPG and 8.9 RPG on .463/.409/.806 shooting in 15 starts during that time.

Johnson is making approximately $15.34MM this season and holds a $16MM option for next season. By trimming more payroll, the Tiimberwolves will be just $1.1MM above the luxury tax line with this move, Bobby Marks of ESPN tweets.

Both teams have been extremely active prior to the deadline, as Minnesota was also part of four-team blockbuster that landed it D’Angelo Russell.

Hawks Acquire, Waive Derrick Walton Jr.

5:06pm: The Hawks have officially confirmed their acquisition of Walton, announcing in the same press release that he has been waived. Atlanta sent its 2022 second-round pick (top-55 protected) to the Clippers in the deal. The exact amount of cash the Hawks received is $1,313,576, tweets Hollinger.

12:24pm: The Clippers and Hawks have reached a trade agreement to send Derrick Walton Jr. to Atlanta, league sources tell ESPN’s Adrian Wojnarowski (Twitter link).

The Clippers are sending $1.3MM in cash to Atlanta in the deal and will receive a top-55 protected second-round pick from the Hawks, tweets John Hollinger of The Athletic.

The minor move will open up a roster spot for the Clippers and create a modest trade exception worth Walton’s $1,445,697 salary. It also gives them a little more breathing room below the tax line, as Jovan Buha of The Athletic observes (via Twitter).

The Clippers have been linked to a handful of trade candidates leading up to the trade deadline and could be active on the buyout market as well, so that extra roster spot figures to come in handy.

According to Chris Kirschner of The Athletic (Twitter link), the Hawks aren’t planning to keep Walton. The 24-year-old guard has appeared in just 23 games, averaging 2.2 PPG in 9.7 MPG for the Clippers this season.

A year ago, the Hawks accommodate a Jabari Bird salary dump on deadline day in order to acquire cash from Boston, then waived Bird. This is a similar maneuver, as Atlanta will make some money in exchange for allowing the Clippers to open a roster spot — the Hawks will only have to pay the prorated portion left on Walton’s salary.

Hawks Waive Nene

The Hawks have officially requested waivers on Nene, announcing the move in a press release a day after they acquired him from Houston in a four-team, 12-player trade.

Nene, 37, re-signed with the Rockets last summer after averaging 3.6 PPG and 2.9 RPG in 42 games (13.0 MPG) in 2018/19. Although he got a two-year deal from Houston, it was a complicated, incentive-heavy contract that was only guaranteed for about $2.56MM. The terms of the contract, which were designed to make him a trade chip, made it a virtual certainty that he wouldn’t play much, if at all, this season. He has yet to appear in a game.

Unfortunately for the Rockets, the NBA ruled that only the guaranteed portion of Nene’s contract could be counted for salary-matching purposes, reducing his trade value. However, the team still ended up moving him in the sprawling four-way deal that also sent Clint Capela to Atlanta.

Nene would be eligible to sign with any team except the Rockets once he clears waivers and reaches free agency on Saturday. He dealt with an adductor strain earlier in the season, so it’s not clear if he’s healthy enough to contribute at this point.

With Nene off the roster, the Hawks now have an opening on their 15-man squad. They’ll create another one when they officially send Jabari Parker and Alex Len to Sacramento for Dewayne Dedmon. While more deals could be coming for Atlanta, I’d expect the team to use the last spot or two on its roster to audition some players on 10-day contracts going forward.