5:42pm: The deal is official, according to a release from the Raptors (Twitter link).
2:21pm: The two picks heading to the Suns in the deal are the Raptors’ unprotected second-rounders in 2017 and 2018, tweets Gambadoro.
2:04pm: The Suns will trade P.J. Tucker to the Raptors, Adrian Wojnarowski of The Vertical reports. In return, Toronto will send Jared Sullinger and two future second-round draft picks to Phoenix (Twitter links).
Earlier today, John Gambadoro of Arizona Sports 98.7 reported Tucker’s asking price to be a first-round draft pick, which several teams balked at. Tucker fills an obvious defensive need for Toronto. According to Gambadoro, the team views him as an option to guard LeBron James in the postseason (Twitter link).
Phoenix’s return appears to fall short of their first-round pick expectations. Sullinger has struggled in 2016/17, making slow progress from a fractured right foot. The former Buckeye is signed through the season on a $5,628,000 deal, having received most of his playing time in the D-League. He looks like a buyout candidate.
As Bobby Marks of The Vertical notes, Tucker’s bird rights were a crucial element of this trade (Twitter link). Tucker, who is on the last season of a three-year, $16.5MM contract, presumably stands a chance of re-signing with Toronto following the season.