7:59pm: The trade is official, according to a press release from the Suns. Rather than trading the No. 51 pick back and forth, the Knicks are simply receiving No. 56 pick Kevin McCullar and the Celtics’ top-45 protected 2028 second-round pick in exchange for Ighodaro.
4:32pm: Gerald Bourguet of PHNX Sports has clarified (via Twitter) that the Suns sent Boston’s 2028 second-round pick (top-45 protected) to the Knicks for No. 51, then traded No. 51 back to New York along with No. 56 in exchange for No. 40.
Essentially, then, the Knicks are receiving No. 56 and Boston’s protected 2028 second-rounder for No. 40 (Ighodaro), while still holding No. 51.
4:21pm: Marquette forward Oso Ighodaro was selected with the 40th overall pick in Thursday’s draft. We can say that with certainty. Tracking which team controls that pick is a little trickier.
While the Trail Blazers entered the day with control of No. 40, they agreed to trade it in a deal with the Thunder involving the No. 52 pick, per Jake Fischer of Yahoo Sports (Twitter link). Oklahoma City then agreed to send it – along with cash – to the Knicks in a deal for the No. 38 pick, according to Shams Charania of The Athletic (Twitter link).
According to Adrian Wojnarowski of ESPN (Twitter link), the Knicks subsequently reached a deal to send No. 40 to the Suns, who will ultimately control Ighodaro’s draft rights. Phoenix is sending No. 56 to New York as part of that trade, tweets Charania.
We’re still waiting for details on what else Portland is getting to move down from No. 40 to No. 52 and what else the Knicks are getting to move down from No. 40 to No. 56. Wojnarowski reported (via Twitter) that New York is receiving the No. 51 pick in addition to 56, but the Knicks already acquired that pick from Washington in an earlier deal.
We’ll update this story when we have more clarity on those trade details.