Thunder Trade Ousmane Dieng, Second-Round Pick To Hornets

The Thunder and Hornets have officially finalized a trade sending forward Ousmane Dieng and a 2029 second-round pick to Charlotte in exchange for center Mason Plumlee, the two teams announced in press releases.

The terms of the deal were reported in bits and pieces as news broke that the Thunder were acquiring Jared McCain from Philadelphia and the Hornets were using Dieng as part of their package for Bulls guard Coby White.

Dieng, 22, was the 11th overall pick in the 2022 draft, selected by the Thunder one spot before they nabbed Jalen Williams. However, the Frenchman never evolved into a reliable rotation player in Oklahoma City, appearing in 136 regular season games across three-and-a-half seasons and averaging 4.2 points and 2.1 rebounds in 12.0 minutes per night.

The move is financially motivated for the Thunder. Dieng is on an expiring $6.7MM contract this season, while Plumlee is on a one-year, minimum-salary contract with a cap hit of $2.3MM. By saving $4.4MM in this move, Oklahoma City will be able to remain below the tax when it finalizes its acquisition of McCain, who is earning $4.2MM this season. The expectation is that Plumlee will be waived to make room for McCain on OKC’s 15-man roster.

As for the Hornets, they’ll take advantage of their financial flexibility below the luxury tax line to accommodate a salary dump and acquire an extra second-round selection in the process. The Thunder, who have no shortage of future second-round picks, will send them the most favorable of Atlanta’s and Miami’s 2029 second-rounders.

Charlotte will subsequently flip Dieng to Chicago along with Collin Sexton in a trade that will send White and Mike Conley to the Hornets. It’s unclear whether or not the Bulls will hang onto Dieng once that deal is completed.