The Magic have traded their No. 45 pick in today’s draft to the Bucks in exchange for two future second-rounders, the team’s official PR account tweets.
One of the second-rounders headed to Orlando is a Pacers pick and will be conveyed in either 2022, 2023, or 2024. The other is the Bucks’ second-round pick in 2026. Should MVP forward Giannis Antetokounmpo opt to depart Milwaukee next summer, that pick could end up landing fairly high in the second round.
The Pacers owe their 2021 second-round pick to the Nets, but it has 45-60 protection in both ’21 and ’22, meaning it may not change hands until it becomes unprotected in 2023. The Magic will get a Pacers second-rounder one year after the Nets get theirs.
The Bucks appear to be interested in adding second-round picks this year because, due to a CBA quirk, those picks will only count for $898K against both the luxury tax and hard cap if they sign for the minimum. Undrafted rookie free agents, meanwhile, would count for $898K against the cap but about $1.62MM against the luxury tax.
These small savings are imperative for Milwaukee since the Bucks will lack much wiggle room after their Jrue Holiday and Bogdan Bogdanovic trades are finalized and will likely surpass the luxury tax line, approaching their hard cap.
The Magic also hold the No. 15 selection in today’s draft, while the Bucks also have the No. 60 pick. There are conflicting reports on whether or not Milwaukee will also receive the No. 42 pick from New Orleans in the Holiday deal, which is not yet official.
Luke Adams contributed to this report.