8:32pm: The trade is official, the Pelicans confirmed in a press release.
7:32pm: The Wizards and Pelicans have agreed to a trade that will send guard Tim Frazier to Washington, reports Michael Scotto of Basketball Insiders. According to Scotto (via Twitter), the Pelicans will receive this year’s No. 52 overall pick in the deal.
Frazier, 26, signed a two-year contract with the Pelicans last summer after impressing the team in a brief 2015/16 audition. He appeared in a career-high 65 games (35 starts) for New Orleans this past season, acting as the starting point guard early in the year when Jrue Holiday was unavailable, then re-entering the starting lineup late in the season after the Pelicans traded several guards. For the season, Frazier averaged a respectable 7.1 PPG and 5.2 APG.
Despite a solid year for the Pelicans, Frazier apparently wasn’t in the team’s plans going forward. New Orleans will send the Penn State product to the Wizards, who have been in the market for a point guard capable of backing up John Wall after Brandon Jennings and Trey Burke underwhelmed in 2016/17.
Frazier will be an inexpensive bench option for the Wizards, who will be on the hook for his modest $2MM salary next season. Although Washington is currently well over the cap, the team can take on Frazier using a traded player exception created in a February deal with the Nets.
That trade exception, worth approximately $2.5MM, will be used to absorb Frazier’s current salary of $2.09MM. Meanwhile, the Pelicans will create a TPE worth Frazier’s salary, though that exception will disappear in July if the team uses cap room.
With Frazier no longer in the picture, the Pelicans have two guards – E’Twaun Moore and Quincy Pondexter – on guaranteed contracts for 2017/18, with two more – Jordan Crawford and Quinn Cook – on non-guaranteed deals. Fortifying the backcourt and potentially re-signing Holiday will be top priorities for New Orleans this summer.
Photo courtesy of USA Today Sports Images.
Good trade for Washington. Adds a rotation PG for what amounts to nothing really.
Ginobili, Thomas were all 50 or later so don’t call it nothing
Well yeah but those guys are the exception, not the rule
I agree, most late 2nd picks never contribute. Nice deal for Wizards.
Not saying it couldn’t be something, but as far as the Wizards are concerned they fortified their bench while giving up something that frankly could’ve hindered them by taking up a roster spot to sit on the end of the bench. Frazier could potentially play a few minutes in the playoffs, which is something they needed desperately as the series wore on against Boston.
Don’t like this for New Orleans, but good deal for Washington to add a backup guard
The Deal is Good for NOLA because they Just saved 2 million dollars in this Deal! And that received a 2nd RND PICK Which they can Bundle in other deals, you know Demps don’t like more than 1 Rookie player on the team, LOL!
By itself, another idiot move by Demps. Sometimes I think he wants to be fired. Unless this move is tied to something else, Demarcus Cousins could be bringing the ball up and starting the offense this season. Stupid!
Or What if they Trade with a team to get back in the 1st Round or early 2nd Round! Overall I’m hoping that they Draft Josh Hart, And Dillion Brooks tonight!
Every team after no. 40 should have been called before this though honestly. If I have a 2nd rounder after the first few I would’ve traded it for him.
It’s just that some teams would be better with a 2nd rounder than Tim Frazier who could be cut at any moment and be free to sign by anyone and comes with a $2mil salary but I get what you’re saying in that he’s a valuable guy.
pelicans going to lose everyone. Keeping Alvin will make cousins leave in my opinion, he is the black version of Mike D’Antoni. He’s unable to use both AD and cousins together. I don’t see AD staying after his contact is up
Pelicans receive: Arron Afflalo and Kings 34th pick
Knicks receive: Omer Asik, Kings 5th and 10th pick Pelicans 2018 1st round pick and the 52th pick
Kings receive: Kristaps Porzingis, E’Twaun Moore, Alexis Ajinca,
Why would the pelicans give up a 1st rand 2nd rounder, Moore, and Ajinca for Afflalo and an early 2nd rounder? Dumb
Pelicans give up a 1st to dump Asik contact and to help the Kings sweeten the pot to get Kristaps Porzings. Kings take on Ajinca contact because the Pelicans him help them and get a solid player in Moore. Pelicans free up ton of space and Affalo is just a one year rental and get an high 2nd for depth. The Knicks enter rebuild with three draft picks and the 5th pick they want and the release Asik for us.
Kings aren’t smart enough to trade for Porzingis my guy
I wish the Pels go after Ben Simmons! Imagine this:
PHI Gets- SOLOMON Hill (SF), E’Twaurn Moore (G), Quin Cook (PG), And Pels 1st round picks (2019/2020)
Pels Gets – Ben Simmons (F), Jayd Bayless (PG), and PHI 2nd Round pick of 2018.