9:57pm: The trade is official, according to a press release from the Hornets. Charlotte received Bertans, Mann, Micic, and second-round picks in 2024 and 2025 in exchange for Hayward.
The Thunder announced in their own press release confirming the deal that the 2024 second-rounder is Houston’s and the 2025 second-rounder is Philadelphia’s. Oklahoma City also said it sent cash to Charlotte in the swap.
1:04pm: The Hornets will receive a pair of second-round picks from the Thunder in the deal, reports ESPN’s Zach Lowe (Twitter link).
11:17am: Oklahoma City will include Vasilije Micic in the deal for salary-matching purposes, Charania tweets. The 30-year-old point guard makes $7.7MM this season and next year, with an $8.1 team option for 2025/26. Charlotte will also receive draft compensation, Charania adds.
The trade will leave the Thunder $6.9MM below the tax threshold with two open roster spots, Gozlan notes (Twitter link).
Hayward’s contract includes a 15% trade bonus that will adjust his salary from $31.5MM to about $33.3MM tweets Yossi Gozlan of HoopsHype. That would move Oklahoma City into luxury tax territory unless Hayward opts to waive part of the bonus, but there’s been no indication yet that he will agree to that. Gozlan notes that Hayward is eligible for an extension of up to two seasons through the end of June.
The Thunder will have to take back more money for the deal to be finalized, points out Bobby Marks of ESPN (Twitter link). Bertans is making $17MM this season and Mann is at $3.2MM, which isn’t enough to match Hayward’s salary.
The 33-year-old Hayward brings a veteran presence to a young OKC team that has exceeded expectations this year. Injuries have limited him to 25 games, but he has been productive when he’s been able to play, averaging 14.5 points, 4.7 rebounds and 4.6 assists while shooting 46.8% from the field and 36.1% from three-point range.
Bertans, a 31-year-old power forward, is headed for his fourth team in the last three years. The veteran sharpshooter has been out of the Thunder’s rotation all season, with minimal playing time in 15 games. He holds a $5.25MM guarantee on his $16MM salary for 2024/25.
Mann, a third-year point guard, has seen limited action in 13 games this season. He was selected with the 18th pick in the 2021 draft and is under contract for one more season at $4.9MM.