- Today marked the guarantee date for Wizards power forward Anthony Gill, tweets Fred Katz of The Athletic. Gill will make $1,517,981 in 2021/22, giving Washington 13 fully guaranteed contracts. That doesn’t include center Daniel Gafford, whose $1,782,621 won’t be guaranteed until the league-wide guarantee date of January 7.
- Wizards Summer League players Cassius Winston, Issuf Sanon and Isaiah Todd have all been placed in the NBA’s health and safety protocols, according to Chase Hughes of NBC Sports Washington (Twitter link). Their replacements include former NBA players Cheick Diallo and Derrick Walton Jr. (Twitter link)
The five-team trade involving the Lakers, Wizards, Nets, Spurs, and Pacers, headlined by Russell Westbrook (to Los Angeles) and Spencer Dinwiddie (to Washington) is now official, according to press releases from multiple clubs.
The deal began as a two-team trade sending Westbrook from the Wizards to the Lakers, an agreement that was completed around the start of the draft last Thursday. Later that night, the Wizards and Pacers agreed to a deal sending Aaron Holiday that would be folded into the Westbrook blockbuster.
Subsequently, during free agency, the Wizards and Dinwiddie wanted to find a way to get the point guard to D.C. and ultimately convinced the Nets to accommodate a sign-and-trade. The Spurs entered the mix late to accommodate Washington’s salary-dump of Chandler Hutchison.
Here’s the full breakdown of the deal, based on reports to date:
- To Lakers:
- Russell Westbrook (from Wizards)
- The Bulls’ 2023 second-round pick (from Wizards)
- Either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is least favorable; from Wizards)
- The Wizards’ 2028 second-round pick (from Wizards)
- Russell Westbrook (from Wizards)
- To Wizards:
- Spencer Dinwiddie (sign-and-trade; from Nets)
- Kyle Kuzma (from Lakers)
- Kentavious Caldwell-Pope (from Lakers)
- Montrezl Harrell (from Lakers)
- Aaron Holiday (from Pacers)
- The draft rights to Isaiah Todd (No. 31 pick; from Pacers)
- Cash (from Pacers; $1MM, per Fred Katz of The Athletic)
- To Nets:
- Either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is most favorable; from Wizards)
- The right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick (from Wizards)
- The draft rights to Nikola Milutinov (from Spurs)
- To Spurs:
- Chandler Hutchison (from Wizards)
- Either the Bulls’, the Lakers’, or the Pistons 2022 second-round pick (whichever is most favorable; from Wizards)
- To Pacers:
- The draft rights to Isaiah Jackson (No. 22 pick; from Lakers)
The Nets also generated the most significant trade exception of any team in the deal — it’ll be worth about $11.5MM.
While it was a fairly minor move for Brooklyn, San Antonio, and Indiana, the deal will significantly reshape the Lakers’ and Wizards’ rosters for the 2021/22 season. Los Angeles consolidated its depth, acquiring a star player who wanted to team up with LeBron James and Anthony Davis, then filled out its roster in free agency.
The Wizards, meanwhile, traded one star for several depth pieces and managed to replace their old point guard with one who will earn less than half of Westbrook’s salary for the next couple seasons. The deal should increase the club’s cap flexibility while fortifying its bench.
The Wizards are pulling their qualifying offer to Garrison Mathews off the table, according to Fred Katz of The Athletic (Twitter link). The move will make Mathews an unrestricted free agent.
Mathews, who has been on a two-way contract with Washington for each of the past two seasons, emerged as a regular rotation player for the team in 2020/21, averaging 5.5 PPG in 64 games (16.2 MPG). The 24-year-old shooting guard has displayed a reliable outside shot since entering the NBA, making 38.9% of 244 total three-point attempts.
The Wizards issued Mathews a qualifying offer last week to make him a restricted free agent. That QO was a partially guaranteed one-year minimum-salary offer and gave Washington matching rights in the event that Mathews signed an offer sheet with another team.
However, as Katz explains, the Wizards’ roster is almost full as a result of the complex five-team trade that will send six players to D.C. — by my count, 14 of the 15 slots on Washington’s regular season roster are spoken for. The club is also close to the tax line, Katz notes, and may want to retain some flexibility with that 15th roster spot.
Mathews will now be free to sign outright with any other team.
The Wizards have waived shooting guard Caleb Homesley, according to NBA.com’s official transactions log.
Homesley, who went undrafted out of Liberty in 2020, joined the Wizards for training camp last fall but was waived before the regular season began. He later suited up for the Erie BayHawks (the G League team the Wizards shared with New Orleans in 2020/21) and appeared in 15 NBAGL games (24.9 MPG), averaging 9.3 PPG, 4.1 RPG, and 2.3 APG.
The Wizards liked what they saw from Homesley in the preseason and in the G League enough to sign him to a multiyear contract during the last week of the 2020/21 season. That was a four-year contract, but the last three years – including ’21/22 – were non-guaranteed, allowing Washington to cut him without incurring a cap hit.
Releasing Homesley doesn’t necessarily mean he’s no longer in the Wizards’ plans. He was listed on the team’s Las Vegas Summer League roster and could be a candidate to return to the club on a new Exhibit 10 deal or two-way contract. For now though, he’s on waivers — he’ll become a free agent this weekend if he goes unclaimed.
The Nets, who recognized that Bradley Beal wanted the Wizards to acquire Spencer Dinwiddie and knew they had some leverage in sign-and-trade talks, initially asked Washington for a first-round pick, reports Fred Katz of The Athletic. When they were unsuccessful, the Nets tried to get Washington to part with Deni Avdija or Rui Hachimura, according to Katz.
However, the Wizards held firm in those negotiations and ended up keeping their top assets, instead sending Brooklyn a future second-round pick and a second-round pick swap. The Nets will also generate an $11.5MM trade exception in the deal.
As Katz details, the Wizards also had to sweeten the deal for the Lakers to convince them to loop the Russell Westbrook trade agreement into Washington’s acquisition of Dinwiddie via sign-and-trade, which is why L.A. will be receiving three second-round selections from the Wizards instead of just two.
Finally, Katz reports that the final version of the complex five-team trade will see the Wizards acquire cash considerations from the Pacers. The full breakdown of the trade agreement can be seen on our offseason trade tracker.
Here’s more on the Wizards:
- For much of this week, there had been a league-wide assumption that the Wizards may end up rerouting Kyle Kuzma to a new team as part of the Dinwiddie deal, but Washington never included him in trade discussions, according to David Aldridge of The Athletic, who notes that the club has significantly improved its depth with this week’s roster moves.
- Raul Neto‘s new deal with the Wizards will be a one-year, minimum-salary contract, according to Katz. Neto will join Dinwiddie and Aaron Holiday on the club’s point guard depth chart.
- Although Deni Avdija has been cleared for basketball activities, he’s not playing for the Wizards in Summer League, writes Katz. The club wants to limit the risk of a setback for 2020’s lottery pick, who is recovering from a right fibular hairline fracture.
11:56pm: The Spurs are sending the draft rights to 2015 first-round pick Nikola Milutinov to the Nets in the five-team trade, according to Fred Katz of The Athletic (Twitter link). That will satisfy the “touching” requirements we outlined below and allow the deal to be officially completed once the moratorium ends on Friday.
Katz adds (via Twitter) that the Wizards have also agreed to trade one more second-round pick (Chicago’s 2023 selection) to the Lakers. Washington is giving up five second-round selections in the deal (three to the Lakers, one to the Spurs, and one to the Nets), as well as a second-round swap (to the Nets).
Finally, Katz reports that the third year of Dinwiddie’s contract will be partially guaranteed (Twitter link).
5:04pm: The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62MM deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic (Twitter link). The club will acquire Dinwiddie from the Nets via sign-and-trade.
That $62MM figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic (Twitter link).
According to Charania (Twitter link), the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move will also create an $11.5MM trade exception for Brooklyn.
Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports (via Twitter). Moving Hutchison’s $4MM+ salary will allow Washington to remain out of tax territory for now, tweets ESPN’s Bobby Marks.
Adrian Wojnarowski of ESPN (Twitter link) provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 second-round pick swap to the Nets.
The 2022 second-round pick headed to San Antonio will be the most favorable of the Lakers’, Bulls’, and Pistons’ second-rounders, tweets Fred Katz of The Athletic.
That 2025 swap will give Brooklyn a chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ 2025 second-rounder, tweets Tim Bontemps of ESPN. The 2024 second-rounder will be the more favorable of the Wizards’ and Grizzlies’ selections, Bontemps adds.
In total, Wojnarowski tweets, the deal will include five teams: the Wizards, Nets, Spurs, Lakers, and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.
Here’s what the full trade should look like, based on the details reported to date:
- Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday, and the draft rights to Isaiah Todd (No. 31 pick).
- Lakers to acquire Westbrook, either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is less favorable; from Wizards), and the Wizards’ 2028 second-round pick.
- Nets to acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is more favorable; from Wizards) and the right to swap their the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
- Spurs to acquire Hutchison and either the Bulls’, Lakers,’, or Pistons 2022 second-round pick (whichever is most favorable; from Wizards).
- Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).
As Eric Pincus of Bleacher Report points out (via Twitter), there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported so far, Brooklyn and San Antonio are each only receiving assets from (or sending an asset to) the Wizards. That last piece would likely be something minor, such as cash or the draft rights to a stashed player.
In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.
In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.
Word broke on Monday night that the Wizards and Dinwiddie were nearing an agreement, but the club didn’t have the cap space necessary to acquire him without getting the Nets’ cooperation in a sign-and-trade. Because Brooklyn didn’t want to take on any salary but wanted an asset or two for agreeing to play ball, it took all involved parties a couple days to work out the details of the deal that would get the point guard to D.C.
The Wizards have signed Corey Kispert to a rookie contract, according to NBA.com’s transactions page.
Kispert, 22, was the 15th pick in this year’s draft. He earned first-team All-America honors at Gonzaga and helped the Zags reach the national championship game. Kispert put up career-best numbers as a senior, averaging 18.6 points and 5.0 rebounds per game while shooting 52.9% from the field and 44.0% from three-point range.
Assuming he received 120% of the rookie salary scale, Kispert will earn about $3.38MM in his first season and can make up to $16.36MM over the four-year deal.
AUGUST 7: Neto has officially re-signed, according to a team press release.
“We are very pleased to bring Raul back after the career year he had for us last season,” Wizards GM Tommy Sheppard said. “He was one of our most consistent players with a toughness and tenacity on both ends of the floor that allowed him to lead our second unit and step in when called upon as a starter.”
AUGUST 4: The Wizards will re-sign free agent guard Raul Neto, tweets Shams Charania of The Athletic.
Neto, 29, signed with Washington as a free agent last November. He averaged 8.7 points, 2.4 rebounds and 2.3 assists as the primary backup to Russell Westbrook, but also made 22 starts. He figures to keep the same role this season now that the Wizards have a sign-and-trade agreement for Spencer Dinwiddie, although Aaron Holiday will be in the mix as well.
A native of Brazil, Neto was drafted in 2013, but didn’t come to the NBA until two years later. He spent his first four seasons with the Jazz before signing with the Sixers in 2019.
Reggie Jackson is getting a lot of interest on the free agent market after his strong playoff run, but the Clippers remain hopeful about re-signing him, tweets Jordan Schultz of ESPN.
Jackson, 31, is coming off a strong season and playoff run with the Clippers — he topped 20 points nine times during the playoffs and shot a career-high 43.3% from three-point range last season. Los Angeles holds his Early Bird rights and can offer him a starting salary worth up to nearly $10.4MM.
Money will be a key factor in Jackson’s decision, according to Schultz (via Twitter), who adds that the Pelicans may be a “sleeper team” in the race for the veteran point guard. New Orleans general manager Trajan Langdon is known to be a fan of Jackson.
There’s more news on free agency:
- After completing a trade for Ricky Rubio, the Cavaliers are still searching for another point guard, writes Chris Fedor of Cleveland.com. Sources tell Fedor that Cleveland has looked at Raul Neto, who played for the Wizards last season, and Brad Wanamaker, who finished the season with the Hornets. Fedor lists a few other names still on the market, such as Frank Ntilikina, Ryan Arcidiacono, Tim Frazier, Jeff Teague, Elfrid Payton and Mike James. The Cavs still have their $9.5MM mid-level exception left, along with the flexibility to open spots on the roster.
- Neto is among the backcourt options the Suns might consider in completing their roster, tweets John Gambadoro of Arizona Sports 98.7. Some others are Elfrid Payton, Dante Exum, Quinn Cook and Ryan Arcidiacono. Up front, Phoenix will likely look at Paul Millsap and possibly Isaiah Hartenstein, although Gambadoro isn’t sure about a potential reunion with Aron Baynes (Twitter link).
- The Wizards have remade their roster in the past week, but the major moves may be done for now, according to Fred Katz of The Athletic (Twitter link). He notes that the Spencer Dinwiddie trade will leave Washington too close to the luxury tax line to consider using its mid-level exception.
The Wizards continue to work through their complicated sign-and-trade acquisition of Spencer Dinwiddie, according to multiple reports.
Quinton Mayo (Twitter link) has heard the Bulls and Thunder mentioned as teams that could end up getting involved in a multi-team trade involving Dinwiddie. Mayo also reports that the Nets asked the Wizards for Deni Avdija during those negotiations, which Kristian Winfield of The New York Daily News (twitter link) corroborates.
If and when the Wizards, Nets, and other potential trade partners figure out a deal, Dinwiddie is expected to get a three-year, $62MM deal from Washington, reports Winfield (Twitter link).
Here are a few more updates from around the East:
- Although Victor Oladipo‘s camp is optimistic that he’ll be able to return to action sometime between late December and early February, some Heat people believe March is a more realistic target, tweets Barry Jackson of The Miami Herald. Oladipo, who underwent quad tendon surgery in May, agreed to a minimum-salary contract with Miami.
- Following up on an Ian Begley report that stated the final year in the Knicks‘ deals with Nerlens Noel, Alec Burks, Derrick Rose, and Evan Fournier aren’t guaranteed, ESPN’s Zach Lowe (Twitter link) clarifies that all four deals are expected to have standard team options in their last years. Noel, Burks, and Rose will have those options in year three, while Fournier’s will be in year four.
- Pacers big man Goga Bitadze wanted to play for the team in Summer League this month, but he missed Indiana’s first two SL practices due to back soreness and is now away from the club due to a personal matter, writes Scott Agness of Fieldhouse Files.