The Lakers are trading the 47th pick and cash to the Pacers in exchange for the 40th pick in tonight’s draft, sources tell Adrian Wojnarowski of ESPN (Twitter link).
Dustin Dopirak of The Indianapolis Star confirms the news (via Twitter).
As Wojnarowski tweets, the Lakers now control the Nos. 17 and 40 picks, while the Pacers control Nos. 7, 26, 47 and 55. It’s Indiana’s second trade ahead of the draft — the team previously reached a previous agreement with the Nuggets.
The Lakers sent out $2MM in cash at the trade deadline as part of the deal for Mohamed Bamba, notes ESPN’s Bobby Marks (via Twitter), so they could send the Pacers up to $4,363,000 as part of the agreement.
A source tells Dopirak that Indiana will receive $4.3MM in cash from L.A., so it appears the Lakers have temporarily reached their cash limit (Twitter link). The cash allotment will be reset when the new league year begins July 1, Marks adds.
Scott Agness of Fieldhouse Files hears the Pacers are “very active” on the trade market in search of a veteran wing, holding conversations with multiple teams (Twitter link). Jake Fischer of Yahoo Sports reported similarly earlier today, with Indiana coming close to acquiring De’Andre Hunter from the Hawks before talks fell apart.
The Sixers might target the No. 47 pick if the Pacers aren’t able to make a consolidation trade, tweets Kyle Neubeck of PhillyVoice.com. The Sixers don’t currently own a pick, but have been looking to buy a second-rounder.