Transactions

Nuggets Trade Napier To Wizards For McRae

6:56pm: The Nuggets have officially announced their swap of Napier for McRae, issuing a press release to confirm the deal is done.

1:13pm: The Nuggets are trading newly-acquired point guard Shabazz Napier to the Wizards in exchange for guard Jordan McRae, reports Candace Buckner of The Washington Post (Twitter link).

Both players have expiring contracts ($1.6MM for McRae and $1.8MM for Napier), and the Nuggets will get early Bird rights when McRae hits free agency this summer, tweets Bobby Marks of ESPN.

Napier came to Denver from Minnesota in the four-team deal that was completed last night. He averaged 9.6 points and 5.2 assists in 36 games in his first season with the Timberwolves. He provides depth at point guard if John Wall winds up missing the rest of the season.

McRae gives the Nuggets another instant-offense option off their bench to help make up for the loss of Malik Beasley. In his second season in Washington, McRae was averaging 12.8 PPG and shooting 37.7% from 3-point range through 29 games.

McRae has missed the past four games with an injured right ankle, but is expected to be ready tomorrow, tweets Mike Singer of The Athletic. McRae can handle both backcourt spots and the Nuggets gave up a player they didn’t really need, adds Nick Kosmider of The Denver Post (Twitter link).

Warriors Trade Alec Burks, Glenn Robinson III To Sixers

FEBRUARY 6: The trade is now official, according to press releases from the Warriors and Sixers. Philadelphia waived Trey Burke in a corresponding move, as we noted earlier. The team created the other roster opening by sending James Ennis to Orlando.

FEBRUARY 5: The Warriors and Sixers have agreed to a trade that will send Alec Burks and Glenn Robinson III to Philadelphia, reports Shams Charania of The Athletic (Twitter link).

According to Charania (Twitter link), the 76ers will send Golden State a trio of second-round picks in the deal. Those three picks are Dallas’ 2020 second-rounder, Denver’s 2021 second-rounder, and Toronto’s 2022 second-rounder, per ESPN’s Adrian Wojnarowski (Twitter link).

The 76ers have a full 15-man roster, so they’ll have to move a pair of players to accommodate the new additions. They’re working on possible trades to clear those roster spots, but will waive two players at the deadline if necessary, tweets Wojnarowski.

No salary-matching is required in the deal, since both Burks and Robinson are on one-year, minimum-salary contracts and can be taken on using the minimum salary exception.

Sixers general manager Elton Brand had been on the lookout for players who could provide the team with reliable depth and outside shooting, and Burks and Robinson should fit nicely. Both wings have played increased roles for the injury-plagued Warriors this season, with Burks averaging a career-best 16.1 PPG with 3.1 APG and a .375 3PT% in 48 games (29.0 MPG), while Robinson has put up a career-high 12.9 PPG and 4.7 RPG on .481/.400/.851 shooting in 48 games (31.6 MPG).

Philadelphia didn’t have expendable players on mid-level-type salaries to make a run at higher-priced trade candidates, so the team made use of its cache of second-round selections to acquire a pair of low-cost veterans. Even after surrendering three future picks in this deal, the Sixers still control a handful of valuable second-round selections, including the Hawks’ and Knicks’ 2020 second-rounders.

As for the Warriors, they’ve rebuilt their own collection of future draft picks in recent weeks, having now acquired a total of four second-rounders for role players Burks, Robinson, and Willie Cauley-Stein. The moves have also helped Golden State inch closer to the tax line for the 2019/20 season.

As Jeff Siegel of Early Bird Rights details (Twitter link), the Dubs are still slightly over the luxury tax threshold, and will move further into tax territory once they sign replacement players. But they’re at the point where they’ve greatly reduced their projected end-of-season bill and could even sneak out of the tax if they move another player or two on Thursday.

The Warriors will have just 11 players under contract once this trade goes through. The team will have to sign at least one player by Saturday, according to Anthony Slater of The Athletic (Twitter link), who suggests Marquese Chriss is a strong candidate to be promoted to the 15-man roster. Golden State will subsequently have to add two more players to get to the NBA-mandated minimum of 14 later this month.

Photo courtesy of USA Today Sports Images.

Blazers Trade Skal Labissiere, Cash To Hawks

5:18pm: The Hawks have officially announced the acquisition of Labissiere and cash. They traded their 2024 second-round pick (top-55 protected) in the swap, according to a press release. Meanwhile, Hollinger clarifies (via Twitter) that the exact amount of cash headed to Atlanta is $1,759,795.

12:40pm: The Hawks are accommodating another minor salary dump, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the Trail Blazers are sending big man Skal Labissiere and cash to Atlanta. The Hawks will also receive $1.9MM in cash from Portland to take Labissiere off its hands, John Hollinger of The Athletic tweets.

The Blazers will receive token consideration from Atlanta to legally execute the deal, likely a top-55 protected second round pick, Hollinger adds.

Atlanta is creating two roster spots this week. The Hawks are shipping out Alex Len and Jabari Parker to Sacramento while agreeing to re-acquire center Dewayne Dedmon and also waived Nene after acquiring the veteran big man from Houston as part of a four-team deal.

Labissiere has appeared in 33 games with Portland this season, averaging 5.8 PPG and 5.1 RPG in 17.2 MPG. He hasn’t played since December 28 due to a left knee articular cartilage lesion but the Hawks plan to keep the 23-year-old power forward, according to Chris Kirschner of The Athletic (Twitter link).

The deal will shave $3.8MM off Portland’s luxury tax bill, Bobby Marks of ESPN tweets. The tax bill is now down to $5.9MM while also opening up a roster spot, Marks adds.

The Hawks agreed to a similar acquisition with the Clippers on Tuesday involving guard Derrick Walton. Atlanta essentially rented out cap space to execute these types of moves before making the Dedmon trade official.

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.