JUNE 24: The trade is complete, the Grizzlies and Timberwolves announced in a pair of press releases. Officially, LaRavia’s draft rights head to Memphis along with a 2023 second-round pick in exchange for the draft rights to No. 22 pick Walker Kessler and No. 29 pick TyTy Washington.
It’s unclear if that ’23 second-rounder is Minnesota’s own or the Knicks’ second-round pick that the Wolves acquired earlier in the draft.
The Wolves are flipping Washington to the Rockets in a separate trade.
JUNE 23: The Grizzlies have agreed to acquire the No. 19 pick from the Timberwolves and will select Wake Forest forward Jake LaRavia, reports Shams Charania of The Athletic (via Twitter). In exchange, Minnesota will receive the No. 22 and No. 29 selections in tonight’s draft, with the Grizzlies also gaining a second-round pick, according to ESPN’s Adrian Wojnarowski (Twitter links).
It’s apparently a 2023 second-rounder, Chris Hine of the Star Tribune tweets.
LaRavia, who spent two seasons at Indiana State, moved up draft boards in recent weeks after averaging 14.6 PPG, 6.6 RPG and 3.7 APG for the Demon Deacons last season. With Kyle Anderson entering free agency, LaRavia could compete for a rotation spot in his rookie campaign.
He improved his stock during workouts, as he was originally projected as a borderline first-rounder.
Parlaying two first-rounders for the No. 19 selection doesn’t seem like great value, as Chris Herrington of The Daily Memphian notes, but Grizzlies executive Zach Kleiman is unfazed by perceptions as long as he gets the player he wants. Kleiman has traded up for every pick on his watch with the exception of Ja Morant, Herrington adds (Twitter links).