4:09pm: The Nuggets have officially acquired Hibbert in exchange for a protected 2019 second-round pick, the team announced in a press release.
1:49pm: The Nuggets will acquire Roy Hibbert from the Bucks, Adrian Wojnarowski of The Vertical reports (Twitter link). Denver will be sending a heavily protected second round pick to Milwaukee in exchange for Hibbert, Brian Windhorst of ESPN adds (Twitter link). According to Charles Gardner of The Milwaukee Journal Sentinel (Twitter link), it’s a 2019 second-rounder.
The Nuggets have the cap space to accommodate Hibbert. Denver entered the day $7,147,064 below the salary floor, and Hibbert’s one-year, $5MM contract will help them reach that mark. Hibbert was acquired by Milwaukee on February 2, but never appeared in a game for the Bucks.