Kings, Raptors Swap Malachi Richardson, Bruno Caboclo

9:29pm: The Kings have officially acquired Caboclo for Richardson, the team announced in a press release.

4:51pm: The Kings have changed course and will now keep Caboclo on their roster, tweets Sean Cunningham of ABC 10 Sacramento. The Kings are waiving Georgios Papagiannis to clear the roster spot necessary for their other trade.

1:04pm: The Kings plan to release Caboclo once the trade is complete, tweets Jason Jones of The Sacramento Bee.

Sacramento will still owe him the rest of his $2.45MM salary for this season, but the Kings need to open a roster spot to complete a deal with Cleveland and Utah that brings in Iman Shumpert and Joe Johnson while sending out George Hill. Sacramento also gets rid of the nearly $1.6MM Richardson is owed next season, along with future options on his rookie contract.

12:32pm: The Raptors and Kings are finalizing a deal to swap Bruno Caboclo for Malachi Richardson, tweets Shams Charania of Yahoo Sports.

A first-round pick in 2016, Richardson has been somewhat of a disappointment in Sacramento after being acquired in a draft-night trade. He has played just 47 games in a season and a half and is averaging 3.5 points while shooting .365 from the field and .299 from 3-point range.

Toronto also had high hopes for Caboclo when it made him the 20th pick in the 2014 draft, but he has spent almost his entire career in the G League. He has played just 25 games at the NBA level, including two this season.

The Raptors save close $1MM in the deal, which was made to provide more flexibility in the buyout market, tweets Josh Lewenberg of TSN.

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12 thoughts on “Kings, Raptors Swap Malachi Richardson, Bruno Caboclo

  1. jayswethenorth

    No risk for Raptors. Good return for Caboclo. Bruno Taking to long to improve.

  2. 22gigantes

    Any idea who the Kings are going to waive to make room for the extra player? (So far, they have acquired three new faces — Johnson, Shumpert and Caboclo — and have only moved two (Hill, Malachi).

    • JT19

      Caboclo maybe since he hasn’t done anything. I’m sure they’re also going to try and trade Johnson before the deadline, but he would make sense to waive. Johnson wanted to go to a contender when he was in Utah and this move doesn’t accomplish that. I only see Sacramento holding on to him if they want him to mentor the younger guys, but they really don’t need another veteran mentor.

  3. camdenyards46

    Why not just cut Richardson instead of trading for someone to cut them? Caboclo makes 2.45M and Richardson only makes 1.5M.(spotrac)

    • Luke Adams

      Richardson has another year on his deal, so this is actually cheaper overall and creates a little bit of extra 2018 room.

  4. SouthsideSlugger

    Richardson should have stayed at Syracuse for two more years

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