10:21pm: The trade is now official, according to press release from the Celtics and Grizzlies.
The deal will send Kanter to Portland, Hezonja and the rights to Bane to Memphis, and two future second-round picks to Boston. The Grizzlies will also send cash to Portland in the move.
One of the two second-rounders headed from Memphis to Boston is the Grizzlies’ own 2025 pick. The other will be the more favorable of the following:
- Houston’s 2023 second-rounder.
- The less favorable of Memphis’ and Dallas’ 2023 second-rounders.
As Wojnarowski explains, the deal will be folded into the draft-night agreement between the Celtics and Grizzlies that saw Memphis land the No. 30 pick and select TCU’s Desmond Bane. The Grizzlies will receive Mario Hezonja from Portland in the swap, while the Celtics will get a future draft consideration from Memphis.
[RELATED: 2020 NBA Offseason Trades]
Kanter, 28, enjoyed a brief, productive stint in Portland to finish the 2018/19 season, averaging 11.4 PPG and 9.7 RPG in 16 playoff games that year as the team made it to the Western Conference Finals. The two sides were unable to come to an agreement in free agency a year ago, resulting in Kanter signing with the Celtics. A year later, he’s back with the Blazers.
The Celtics, meanwhile, having already traded away Vincent Poirier this week, have created a little extra cap and roster flexibility in advance of free agency, though they’ll need to add a frontcourt player or two to make up for losing a pair of centers.
Hezonja and Kanter both exercised player options for 2020/21 earlier this week, so they’re on expiring contracts. Hezonja will earn $1.98MM, while Kanter will make just over $5MM. The Grizzlies will take on Hezonja using one of their trade exceptions and Portland will do the same for Kanter.
Photo courtesy of USA Today Sports Images.