JUNE 21: The trade is official, according to a press release from the NBA.
JUNE 20: The Sixers are trading Jonathon Simmons and the No. 42 overall pick (Tennessee’s Admiral Schofield) to the Wizards for cash considerations, according to Keith Pompey of The Philadelphia Inquirer.
According to Bobby Marks of ESPN, the Wizards are likely to acquire Simmons with the $6MM trade exception they created in the Otto Porter trade. Marks further notes that Simmons has $1MM in guaranteed salary for next season, with the $4.7MM in remaining salary for the 2019/20 season guaranteed if the 29-year-old guard is not waived by July 1.
The trade will enable the Sixers to create $1MM in more cap space in the unlikely event that Jimmy Butler and Tobias Harris both leave in free agency.
Wonder if the Wiz thought they were getting the other Simmons…
Classic Wizards logic! You’ve effectively traded Otto Porter for a 2nd!
And Bobby Portis
They may not match his offer sheet.
No as bad as trading a #1 pick for basically a future 2nd rnder
He had a massive contract…and how is this trade tied to the otto deal?
The exception is not really an asset
They got off his supposedly bad contract, and got some good things – meaning it wasn’t bad. Two 2nd’s (including this one). An RFA option on Portis, along with his Bird Rights. Still have Non-Bird Rights on Parker. These matter to teams over or close to the cap.