5:35pm: The four-team trade is now official, according to a press release from the Magic.
4:46pm: The Lakers, Nuggets, Magic, and Clippers will combine three separately reported trade agreements into a single four-team trade, according to Khobi Price of The Orlando Sentinel (Twitter links).
As Price explains, the Patrick Beverley/Mohamed Bamba swap between the Lakers and Magic, the deal sending Bones Hyland from the Nuggets to the Clippers, and the Nuggets’ acquisition of Thomas Bryant from the Lakers are the trades affected. The new-look deal is as follows:
- Lakers to acquire Bamba, Davon Reed, the Clippers’ 2024 second-round pick, and the Clippers’ 2025 second-round pick.
- Magic to acquire Beverley, the Nuggets’ 2024 second-round pick, and cash.
- Clippers to acquire Hyland.
- Nuggets to acquire Bryant.
The original terms of the trades called for the Clippers to send their 2024 and 2025 second-round picks to Denver for Hyland, with the Nuggets sending their own 2025, 2026, and 2029 second-rounders to the Lakers for Bryant and the Lakers sending an unspecified second-round pick to the Magic in the Beverley/Bamba swap.
Under the new terms of the deal, the two Clippers picks will be rerouted from the Nuggets (for Hyland) to the Lakers (for Bryant). Denver will keep its 2025, 2028, and 2029 second-rounders. The third pick the Nuggets are sending out for Bryant is now Denver’s 2024 second-rounder — it will be flipped from the Lakers to the Magic for Bamba.
The Magic won’t require Beverley to report to the team, according to Price, which is a strong signal they intend to buy him out or simply waive him.