4:38pm: The trade is now official, according to press releases issued by both the Wizards and Hawks. The heavily-protected second-rounder acquired by Washington in the deal is a 2019 pick.
3:18pm: The Hawks sent the Wizards a heavily-protected second-round pick in the swap, tweets Michael Cunningham of The Atlanta Journal-Constitution. That pick likely won’t ever change hands, and was simply included because of the requirement that Washington receive something in the deal.
Cunningham adds that Atlanta plans to waive Mac.
3:08pm: The Wizards are sending guard Sheldon Mac to Atlanta in a deal with the Hawks, reports Shams Charania of Yahoo Sports (Twitter link). Atlanta will also receive cash in the trade, tweets Tim Bontemps of The Washington Post.
Mac, 25, spent his rookie season with the Wizards in 2016/17 and had a non-guaranteed salary for 2017/18. However, before Washington made a decision on whether to keep him on the regular season roster, Mac suffered a torn Achilles, essentially guaranteeing his salary for the year.
By moving Mac, the Wizards will reduce their projected luxury tax bill and will open up a spot on their 15-man roster in case they want to get involved in the buyout market. The Hawks, meanwhile, will likely receive enough cash in the deal from Washington to cover the remaining portion of Mac’s salary.