9:47pm: The deal is now official, per commissioner Adam Silver. The Nuggets used the 24th overall pick on Syracuse’s Tyler Lydon.
7:58pm: The Jazz have moved up in the first round, having agreed to acquire the No. 13 pick from the Nuggets, per Adrian Wojnarowski of The Vertical. Wojnarowski tweets that Utah will use its newly-acquired lottery selection to draft Louisville guard Donovan Mitchell.
The Nuggets are well stocked in the backcourt, but needed help at forward in case Danilo Gallinari leaves in free agency. Lyles, who averaged 6.2 points and 3.3 rebounds in a reserve role with the Jazz, is 6’10” with an ability to stretch the floor. He shot 32% from 3-point range this year and 38% as a rookie.
Mitchell gives Utah a defensive-minded guard who can also help on offense. He may get playing time right away if the Jazz aren’t able to re-sign starting point guard George Hill. A sophomore, Mitchell averaged 15.6 points, 4.9 rebounds and 2.7 assists this season at Louisville.