NBA teams weren’t allowed to send out more than $5.243MM in trades during the 2018/19 league year, but the Jazz entered last Thursday’s draft will that full allotment still available, and made use of it during the second round.
According to Eric Pincus of Basketball Insiders (via Twitter), the Jazz sent their own unprotected 2021 second-round pick along with $1MM in cash to the Pacers in order to acquire the No. 50 overall pick. Utah used that selection to nab Charleston forward Jarrell Brantley.
The Jazz also traded for one more selection near the very end of the draft, sending $2MM to the Warriors in exchange for the rights to No. 58 pick Miye Oni, tweets Pincus. In total, Utah gave up $3MM and a future second-rounder to acquire the two picks in the 50s.
Here are a few more leftover trade details from draft night, courtesy of Pincus:
- The Warriors sent an even $1MM and their own 2021 and 2023 unprotected second-round picks to the Pelicans in order to acquire the rights to No. 39 pick Alen Smailagic, Pincus tweets.
- The exact amount of cash the Lakers sent to the Magic to acquire the rights to No. 46 pick Talen Horton-Tucker was $2,226,778, according to Pincus (Twitter link). That was precisely the amount that Orlando was still eligible to receive. The Lakers’ own 2020 second-round pick was also sent to the Magic in that deal.
- In the deal that saw them send the draft rights to Bol Bol (No. 44 pick) to the Nuggets, the Heat received $1.2MM in cash and will get either the Nuggets’ or Sixers’ 2022 second-round pick (whichever is lower), Pincus reports (via Twitter).
- In exchange for Jonathon Simmons and the No. 42 pick, the Sixers acquired $2MM in cash from the Wizards, according to Pincus, who adds (via Twitter) that Washington didn’t require Simmons to pass a physical.
The Lakers are so poorly run it’s not even funny. Teams that succeed use their resources wisely. The Lakers overlay for everything. And that’s why they won’t have the cap space to adequately fill out that roster. It’s astonishing that they would pay so much more for a pick substantially lower in the draft.
The amount of money the Lakers can spend on trades for “cash considerations” resets along with the rest of the league on July 1st for the upcoming season. This amount sent for the pick has literally Zero bearing on their cap space. The front office has had more than their share of bad moves, this isn’t one.
I’m aware of that. It’s indicative of their inability to manage their nickels and dimes efficiently. THAT was my point. Obviously.
They are too free to pay asking price… that will have salary cap implications when they start overpaying for FAs… which they always do. There is a reason the nets have 70 plus mill and most of their guys returning and the lakers have 24 and only two real players.
the reason is the Lakers 2 real players are LBJ & AD two of the top 5-7 players in the NBA. which FAs have the Lakers overpaid for???
The cost of 2nd round picks should be noted by the many posters on here that think you can just buy a 2nd rounder solely for cash any time you like. With a few exceptions, it’s really not that way, unless you get to the bottom 10 picks or so of the round and even then it depends on there being a seller.