Bucks To Sign Drew Timme To Exhibit 10 Contract

After going undrafted on Thursday, former Gonzaga forward Drew Timme has agreed to sign an Exhibit 10 contract with the Bucks, reports Shams Charania of The Athletic (Twitter link).

Timme spent four college seasons at Gonzaga, building an impressive résumé before declaring for the 2023 draft as an early entrant. He was a three-time consensus All-American and won the WCC Player of the Year award in both 2022 and 2023.

In his final year with the Bulldogs, the 6’10” big man averaged 21.2 points, 7.5 rebounds, and 3.2 assists in 31.5 minutes per game across 37 appearances, making 61.6% of his shots from the floor.

Timme’s Exhibit 10 contract will be a one-year, non-guaranteed deal worth the rookie minimum. Milwaukee will have the option of converting it into a two-way contract prior to the regular season. Timme could also earn a bonus worth up to $75K if he’s waived and then spends at least 60 days with the Wisconsin Herd, the Bucks’ G League affiliate.

Timme is the second undrafted free agent reported to have reached a contract agreement with Milwaukee. The team is also set to sign San Jose State’s Omari Moore to a two-way deal.

2023 NBA Offseason Trades

As we did with last year’s offseason trades and the in-season swaps from 2022/23, Hoops Rumors will be keeping track of all of the trades made this offseason, right up until the start of the 2023/24 season, updating this post with each transaction.

Trades are listed here in reverse chronological order, with the latest on top. So, if a player has been traded multiple times, the first team listed as having acquired him is the one that ended up with him. If a trade has not yet been formally finalized, it will be listed in italics.

For our full story on each trade, click on the date above it. For more information on the specific conditions dictating if and when draft picks involved in these deals will actually change hands, be sure to check out RealGM.com’s breakdown of the details on traded picks.

We’ll continue to update this list with the latest specific details on picks and other compensation, as they’re reported.

Here’s the full list of the NBA’s 2023 offseason trades:


2023/24 League Year

October 17

October 1

September 27

July 17

  • Spurs acquire Cameron Payne, the Pelicans’ 2025 second-round pick, and cash ($5,685,000).
  • Suns acquire the Spurs’ 2024 second-round pick (top-49 and 55-60 protected).

July 17

  • Suns acquire the Nuggets’ 2024 second-round pick, either the Magic’s, Pistons’, or Bucks’ 2026 second-round pick (whichever is least favorable), and the Celtics’ 2028 second-round pick (top-45 protected).
  • Magic acquire the right to swap their own 2026 first-round pick for either the Suns’ or Wizards’ 2026 first-round pick (whichever is least favorable).

July 12

  • Mavericks acquire Grant Williams (sign-and-trade), the Raptors’ 2025 second-round pick (from Spurs), and the Spurs’ 2028 second-round pick.
  • Spurs acquire Reggie Bullock and the right to swap 2030 first-round picks with the Mavericks.
  • Celtics acquire either the Pelicans’ or Bulls’ 2024 second-round pick (whichever is most favorable; from Spurs), the Mavericks’ 2030 second-round pick, and the right to swap the most favorable of the Wizards’, Warriors’, and Pistons’ 2025 second-round picks with the Mavericks’ 2025 second-round pick.

July 12

July 11

  • Grizzlies acquire Isaiah Todd, the right to swap their own 2024 first-round pick for either the Suns’ or Wizards’ 2024 first-round pick (whichever is least favorable), and the right to swap their own 2030 first-round pick for either the Suns’ or Wizards’ 2030 first-round pick (whichever is least favorable).
  • Suns acquire the Pelicans’ 2025 second-round pick, the Grizzlies’ 2028 second-round pick, and the Grizzlies’ 2029 second-round pick.

July 8

  • Rockets acquire Dillon Brooks (sign-and-trade), the Clippers’ 2026 second-round pick, the Grizzlies’ 2027 second-round pick (from Clippers), and the draft rights to Alpha Kaba (from Hawks).
    • Note: If the Clippers’ 2026 second-round pick is more favorable than the Celtics’, Pacers’, and Heat’s 2026 second-round picks, the Rockets would instead receive the second-most favorable of those four picks.
  • Hawks acquire Usman Garuba, TyTy Washington, the Timberwolves’ 2025 second-round pick (from Rockets), the Rockets’ 2028 second-round pick, and cash ($1.1MM; from Thunder).
  • Grizzlies acquire Josh Christopher and the draft rights to Vanja Marinkovic (from Clippers).
  • Thunder acquire Patty Mills, the Rockets’ 2024 second-round pick, the Rockets’ 2029 second-round pick, and the Rockets’ 2030 second-round pick.
  • Clippers acquire Kenyon Martin Jr.

July 8

  • Cavaliers acquire Damian Jones.
  • Jazz acquire cash ($110K).

July 7

  • Jazz acquire John Collins.
  • Hawks acquire Rudy Gay and the Grizzlies’ 2026 second-round pick (43-60 protected).

July 7

  • Pacers acquire Obi Toppin.
  • Knicks acquire either the Suns’ or Pacers’ 2028 second-round pick (whichever is least favorable) and either the Pacers’ or Wizards’ 2029 second-round pick (whichever is least favorable).

July 6

  • Kings acquire Chris Duarte.
  • Pacers acquire the Mavericks’ 2028 second-round pick and the Kings’ 2030 second-round pick.

July 6

  • Pistons acquire Monte Morris.
  • Wizards acquire either the Mavericks’ or Nets’ 2027 second-round pick (whichever is most favorable).

July 6

July 6

  • Cavaliers acquire Max Strus (sign-and-trade).
  • Spurs acquire Cedi Osman, Lamar Stevens, either the Thunder’s, Mavericks’, or Sixers’ 2026 second-round pick (whichever is least favorable), the Cavaliers’ 2030 second-round pick, and cash ($1MM; from Cavaliers).
  • Heat acquire the Lakers’ 2026 second-round pick and either the Spurs’, Rockets’, Pacers’, Thunder’s, or Heat’s 2027 second-round pick (whichever is least favorable).

July 6

July 6

  • Rockets acquire Patty Mills and the Bucks’ 2028 second-round pick.
  • Nets acquire the Nets’ 2024 second-round pick (top-55 protected).
  • Note: The Rockets acquired the Nets’ 2024 second-round pick in a prior trade. Houston would keep the pick if it lands between 31-55.

July 6

  • Thunder acquire Victor Oladipo, the Heat’s 2029 second-round pick, and the Heat’s 2030 second-round pick.
  • Heat acquire cash ($110K).

July 6

July 6

  • Pistons acquire Joe Harris, the Mavericks’ 2027 second-round pick, and the Bucks’ 2029 second-round pick.
  • Nets acquire cash ($110K).

2022/23 League Year:

June 30

  • Clippers acquire the draft rights to Balsa Koprivica.
  • Pistons acquire cash ($2.1MM).

June 28

  • Bulls acquire the draft rights to Julian Phillips (No. 35 pick).
  • Wizards acquire the Bulls’ 2026 second-round pick and the Bulls’ 2027 second-round pick.

June 28

  • Hawks acquire the draft rights to Mouhamed Gueye (No. 39 pick).
  • Celtics acquire the Hawks’ 2027 second-round pick.

June 28

  • Kings acquire the draft rights to Colby Jones (No. 34 pick).
  • Celtics acquire the draft rights to Jordan Walsh (No. 38 pick) and the Mavericks’ 2024 second-round pick.

June 28

June 28

  • Pistons acquire the draft rights to Marcus Sasser (No. 25 pick).
  • Celtics acquire the draft rights to James Nnaji (No. 31 pick); either the Pistons’ (56-60 protected), Warriors’, or Wizards’ 2025 second-round pick (whichever is most favorable); and either the Timberwolves’, Pelicans’, Knicks’, or Trail Blazers’ 2026 second-round pick (whichever is most favorable).

June 24

  • Suns acquire Bradley Beal, Jordan Goodwin, and Isaiah Todd.
  • Wizards acquire Chris Paul; Landry Shamet; the draft rights to Bilal Coulibaly (No. 7 pick); the Suns’ second-round picks in 2024, 2025, 2026, 2027, and 2030; first-round pick swaps in 2024, 2026, 2028, and 2030; and cash ($4.6MM; from Suns).
  • Pacers acquire the draft rights to Jarace Walker (No. 8 pick), the Suns’ 2028 second-round pick, and the Wizards’ 2029 second-round pick.
  • Note: The Wizards will have the ability to swap their own first-round pick with the Suns’ first-rounder in 2024, 2026, and 2030. In 2028, the Wizards will have the ability to swap their own first-round pick with whichever one the Suns control (it could be the Suns’ own, the Nets’ first-rounder, or the Sixers’ first-rounder).

June 23

  • Nuggets acquire the draft rights to Julian Strawther (No. 29 pick), the draft rights to Jalen Pickett (No. 32 pick), the draft rights to Hunter Tyson (No. 37 pick), and either the Timberwolves’ or Hornets’ 2024 second-round pick (whichever is least favorable; from Thunder).
  • Thunder acquire the Nuggets’ 2029 first-round pick (top-five protected).
  • Pacers acquire either the Thunder’s, Clippers’, Rockets’ (top-four protected), or Jazz’s (top-10 protected) 2024 first-round pick (whichever is least favorable); the draft rights to Mojave King (No. 47 pick); and cash ($4,363,000; from Lakers).
  • Lakers acquire the draft rights to Maxwell Lewis (No. 40 pick).

June 23

June 23

June 22

  • Timberwolves acquire the draft rights to Leonard Miller (No. 33 pick).
  • Spurs acquire the the Jazz’s 2026 second-round pick and the Timberwolves’ 2028 second-round pick.

June 22

  • Bucks acquire the draft rights to Andre Jackson Jr. (No. 36 pick).
  • Magic acquire the Bucks’ 2030 second-round pick and cash.

2023 NBA Draft Results

The 2023 NBA draft is in the books, and we tracked all of this year’s picks in the space below, taking into account each trade agreed upon over the course of the draft.

Picks listed in italics are involved in trades that aren’t yet official.

Here are 2023’s NBA draft results:


First Round:

  1. San Antonio Spurs: Victor Wembanyama, C, Metropolitans 92 (story)
  2. Charlotte Hornets: Brandon Miller, F, Alabama (story)
  3. Portland Trail Blazers: Scoot Henderson, G, G League Ignite (story)
  4. Houston Rockets: Amen Thompson, G, Overtime Elite
  5. Detroit Pistons: Ausar Thompson, G, Overtime Elite
  6. Orlando Magic: Anthony Black, G, Arkansas
  7. Washington Wizards (from Pacers): Bilal Coulibaly, F, Metropolitans 92
  8. Indiana Pacers (from Wizards): Jarace Walker, F, Houston
  9. Utah Jazz: Taylor Hendricks, F, UCF
  10. Oklahoma City Thunder (from Mavericks): Cason Wallace, G, Kentucky
  11. Orlando Magic (from Bulls): Jett Howard, G, Michigan
  12. Dallas Mavericks (from Thunder): Dereck Lively II, C, Duke
  13. Toronto Raptors: Gradey Dick, G, Kansas
  14. New Orleans Pelicans: Jordan Hawkins, G, UConn
  15. Atlanta Hawks: Kobe Bufkin, G, Michigan
  16. Utah Jazz (from Timberwolves): Keyonte George, G, Baylor
  17. Los Angeles Lakers: Jalen Hood-Schifino, G, Indiana
  18. Miami Heat: Jaime Jaquez Jr., F, UCLA
  19. Golden State Warriors: Brandin Podziemski, G, Santa Clara
  20. Houston Rockets (from Clippers): Cam Whitmore, F, Villanova (story)
  21. Brooklyn Nets (from Suns): Noah Clowney, F, Alabama
  22. Brooklyn Nets: Dariq Whitehead, G/F, Duke
  23. Portland Trail Blazers (from Knicks): Kris Murray, F, Iowa
  24. Dallas Mavericks (from Kings): Olivier-Maxence Prosper, F, Marquette
  25. Detroit Pistons (from Grizzlies via Celtics): Marcus Sasser, G, Houston
  26. Indiana Pacers (from Cavaliers): Ben Sheppard, F, Belmont
  27. Charlotte Hornets (from Nuggets): Nick Smith Jr., G, Arkansas
  28. Utah Jazz (from Sixers): Brice Sensabaugh, F, Ohio State
  29. Denver Nuggets (from Celtics via Pacers): Julian Strawther, F, Gonzaga
  30. Los Angeles Clippers (from Bucks): Kobe Brown, F, Missouri

Second Round:

  1. Charlotte Hornets (from Pistons via Celtics): James Nnaji, C, Barcelona
  2. Denver Nuggets (from Rockets via Pacers): Jalen Pickett, G, Penn State
  3. Minnesota Timberwolves (from Spurs): Leonard Miller, F, G League Ignite
  4. Sacramento Kings (from Hornets via Celtics): Colby Jones, G, Xavier
  5. Chicago Bulls (from Trail Blazers via Celtics and Wizards): Julian Phillips, F, Tennessee
  6. Milwaukee Bucks (from Magic): Andre Jackson Jr., G, UConn
  7. Denver Nuggets (from Wizards via Thunder): Hunter Tyson, F, Clemson
  8. Boston Celtics (from Pacers via Kings): Jordan Walsh, F, Arkansas
  9. Atlanta Hawks (from Jazz via Hornets and Celtics): Mouhamed Gueye, F, Washington State
  10. Los Angeles Lakers (from Mavericks via Nuggets): Maxwell Lewis, F, Pepperdine
  11. Charlotte Hornets (from Thunder): Amari Bailey, G, UCLA
  12. Washington Wizards (from Bulls): Tristan Vukcevic, F, Partizan Belgrade
  13. Portland Trail Blazers (from Hawks): Rayan Rupert, G, New Zealand Breakers
  14. San Antonio Spurs (from Raptors): Sidy Cissoko, G, G League Ignite
  15. Memphis Grizzlies (from Timberwolves): G.G. Jackson, F, South Carolina
  16. Atlanta Hawks (from Pelicans): Seth Lundy, G, Penn State
  17. Indiana Pacers (from Lakers): Mojave King, G, G League Ignite
  18. Los Angeles Clippers: Jordan Miller, F, Miami
  19. Cleveland Cavaliers (from Warriors): Emoni Bates, G/F, Eastern Michigan
  20. Oklahoma City Thunder (from Heat): Keyontae Johnson, F, Kansas State
  21. Brooklyn Nets: Jalen Wilson, F, Kansas
  22. Phoenix Suns: Toumani Camara, F, Dayton
  23. Minnesota Timberwolves (from Knicks): Jaylen Clark, G, UCLA
  24. Sacramento Kings: Jalen Slawson, F, Furman
  25. Indiana Pacers (from Cavaliers): Isaiah Wong, G, Miami
  26. Memphis Grizzlies: Tarik Biberovic, G/F, Fenerbahce
  27. Chicago Bulls (from Nuggets)
  28. Philadelphia 76ers
  29. Golden State Warriors (from Celtics via Wizards): Trayce Jackson-Davis, F, Indiana
  30. Milwaukee Bucks: Chris Livingston, F, Kentucky

Lillard Won’t Rush Into Decision About Future With Trail Blazers

The Trail Blazers held onto their draft picks instead of trading them for veteran help like Damian Lillard preferred, but Shams Charania of The Athletic (video link) said the star guard doesn’t plan to make any snap judgments about his future with the team (hat tip to Real GM).

“I’m told the timeline for when the future will land with Damian Lillard likely extends now between tonight and the start of free agency and into free agency,” Charania said on Stadium’s draft show.

Portland used the No. 3 selection to take G League Ignite star Scoot Henderson, who was considered a definitive top-three pick. The Blazers received trade overtures from several teams, including the Pelicans, Charania states. However, he didn’t specify if New Orleans was willing to include Zion Williamson or Brandon Ingram in its offer.

Lillard stated after the end of the regular season that he wasn’t interested in playing another year with a young, rebuilding franchise. He hasn’t asked for a trade, but teams throughout the league are reportedly monitoring the situation and preparing offers in case he does ask to leave.

There’s more on Lillard and the Blazers:

  • Lillard appears to be in control of his future in Portland, according to ESPN’s Adrian Wojnarowski, who said on the network’s draft coverage that the Blazers will only consider moving Lillard if he asks for a trade (hat tip to Real GM). “Damian Lillard has a decision to make,” Wojnarowski said. “… If he decides he wants a trade, I think the organization will accommodate him. But they don’t want to trade him.” Woj adds that the Blazers front office believes Henderson is more valuable than any return they could have gotten through a trade.
  • General manager Joe Cronin said he had a “long talk” with Lillard on Tuesday about ways to improve the team, tweets Sean Highkin of Rose Garden Report. Cronin said Henderson “has a chance to be a transcendent player” and stated that he doesn’t believe Lillard is closer to leaving because of the team’s draft decisions. “He’s probably being more vocal than ever, but I don’t look at that as a negative,” Cronin said (Twitter link).
  • Sources tell Chris Haynes of TNT and Bleacher Report that Lillard hasn’t been in touch with Blazers officials recently regarding the draft, free agency or his future with the team (Twitter link).

Nuggets, Thunder, Pacers, Lakers Fold Draft-Pick Deals Into Four-Team Trade

Three separate draft-pick trades have been officially completed and have been turned into a single four-team deal, according to press releases from the Nuggets, Thunder, and Lakers. The reported terms are as follows:

  • Nuggets acquire the draft rights to Julian Strawther (No. 29 pick; from Pacers), the draft rights to Jalen Pickett (No. 32 pick; from Pacers), the draft rights to Hunter Tyson (No. 37 pick; from Thunder), and the least favorable of the Timberwolves’ and Hornets’ 2024 second-round picks (from Thunder).
  • Thunder acquire the Nuggets’ 2029 first-round pick (protected; from Nuggets).
  • Pacers acquire the least favorable of the Thunder’s, Clippers’, Rockets’ (top-four protected), and Jazz’s (top-10 protected) 2024 first-round picks (from Thunder); the draft rights to Mojave King (No. 47 pick; from Lakers); and cash (approximately $4.3MM; from Lakers).
  • Lakers acquire the draft rights to Maxwell Lewis (No. 40 pick; from Nuggets).

The Nuggets and Thunder reached the first of these trade agreements two weeks ago, followed by the Nuggets and Pacers agreeing to a deal on Wednesday that included one of the picks Denver had received from Oklahoma City. Indiana subsequently flipped one of the picks it got from the Nuggets to the Lakers in a third agreement on Thursday.

Each team involved in this four-way swap is “touching” at least two other clubs in the deal, so no additional pieces needed to be added to make it legal.

Jaylen Martin Signs Two-Way Deal With Knicks

JULY 3: Martin’s two-way contract with the Knicks is now official, per NBA.com’s transaction log.


JUNE 23: Undrafted former Overtime Elite guard Jaylen Martin has agreed to a two-way contact with the Knicks, sources tell Shams Charania of The Athletic (Twitter link).

The 19-year-old averaged 14 points, 5.9 dimes, 1.6 steals, 1.4 rebounds and 0.7 blocks a night across 23.3 minutes per during his lone season with the Atlanta-based developmental league, per Overtime Elite’s official website.

As a two-way signing, the 6’6″ prospect is expected to split his time between New York and the club’s NBAGL affiliate, the Westchester Knicks.

With New York having already agreed to sign former Kentucky forward Jacob Toppin, younger brother of Knicks power forward Obi Toppin, to a two-way contract earlier tonight, two of the team’s three available two-way slots are now accounted for.

It remains to be seen whether or not New York will decide to bring back either of last year’s two-way players, shooting guard Trevor Keels and combo guard Duane Washington, to occupy that third and final two-way contract.

Xavier Castaneda Agrees To Exhibit 10 Deal With Clippers

The Clippers have agreed to sign Xavier Castaneda to an Exhibit 10 contract, tweets Jon Chepkevich of Draft Express.

Castaneda was an All-MAC selection this season at Akron, where he averaged 21.7 points, 4.3 rebounds and 2.9 assists per game as a fifth-year senior. The 23-year-old played three seasons at South Florida before transferring to the Zips.

Exhibit 10 deals are non-guaranteed, but they can be converted into two-way contracts before the start of the season and they give players an opportunity to earn bonuses if they are waived and spend at least 60 days with their team’s G League affiliate. Under the new Collective Bargaining Agreement, that bonus can be worth up to $75K rather than $50K.

Bulls Notes: Ball, Free Agency, White, Dosunmu, Jordan

It doesn’t appear that the Bulls will be getting their starting point guard Lonzo Ball back anytime soon. In remarks made to reporters after Thursday’s draft, team president Arturas Karnisovas poured cold water on the idea that he could return to the hardwood in 2023/24 at all.

“Going into the offseason, our [expectation] is that he’s not coming back next season,” Karnisovas said, tweets Darnell Mayberry of The Athletic.

Since agreeing to a four-year, $80MM sign-and-trade deal with Chicago in the summer of 2021, Ball has appeared in a grand total of 35 contests for his new team.

If he so chooses, Karnisovas could opt to file for a disabled player exception. The exception would be worth half of Ball’s salary and would give the Bulls another tool to sign or trade for a replacement. It would only be granted if Ball is deemed more likely than not to remain sidelined through June 15, 2024.

There’s more out of the Windy City:

  • Speaking of free agency, Karnisovas indicated that he hopes to add more long range shooting to the Bulls’ spacing-challenged roster this summer, per K.C. Johnson of NBC Sports Chicago. “We’re trying to change our shooting profile,” Karnisovas said. “Being last in the league in rate from 3 and 3-point makes, we’re going to try to address that in the offseason.”
  • According to Johnson, Karnisovas also indicated that Bulls ownership is amenable to entering the luxury tax in pursuit of improvement, something the team has only ever done once. The Bulls’ president of basketball operations also suggested that Chicago would extend qualifying offers to guards Coby White and Ayo Dosunmu, making them restricted free agents. White showed significant strides at the end of the 2022/23 season, and makes sense to retain. Dosunmu, meanwhile, regressed considerably during his second season, to the point where he became virtually unplayable in Chicago’s two play-in contests this spring, suiting up for an average of 5.5 MPG.
  • With former Hornets majority owner Michael Jordan in the midst of selling the franchise, it’s high time he bought a stake in the team where he became a Hall of Famer, opines Jon Greenberg of The Athletic. Jordan intends to continue to hold a minority stake in Charlotte for now, but Greenberg argues that the former Chicago shooting guard could divest from the Hornets to buy a solid share of his old team. As Greenberg notes, nowhere is Jordan more beloved than in the city where he cemented his legend, winning six titles in eight seasons while being widely heralded as the greatest player ever.

Wizards Trade No. 57 Pick Trayce Jackson-Davis To Warriors

JUNE 23: The Warriors and Wizards have completed the Jackson-Davis trade separately from their larger Paul/Poole deal. According to a press release, Golden State acquired Jackson-Davis’ rights in exchange for cash considerations.

As noted below, Baldwin will be included in the Paul/Poole trade rather than this one.


JUNE 22: The Warriors are acquiring the No. 57 pick from the Wizards and drafting Indiana’s Trayce Jackson-Davis, Shams Charania of The Athletic tweets.

The same two teams agreed to a much bigger trade on Thursday, with the Warriors trading Jordan Poole and future draft picks to the Wizards for Chris Paul. The Wizards are also acquiring Patrick Baldwin as part of that deal, according to Charania (Twitter link). It’s unclear whether Golden State’s acquisition of the No. 57 pick will be folded into the larger trade as well.

Jackson-Davis, a 6’9” forward, was one of the most productive college players in the nation last season, averaging  20.9 points, 10.8 rebounds and 4.0 assists for the Hoosiers.

Baldwin Jr. was Golden State’s first-round pick last season and appeared in 31 regular-season games.

Porzingis To Celtics, Smart To Grizzlies, Jones To Wizards In Three-Team Trade

JUNE 23: The three-team blockbuster is official, according to a press release from the Celtics.

As our draft recap shows, the No. 25 and No. 35 draft picks included in this deal were both flipped to new teams in separate draft-night trade agreements.


JUNE 21: After their three-team framework with the Clippers was scrapped, the Wizards and Celtics have reached a new agreement to send Kristaps Porzingis to Boston, Adrian Wojnarowski of ESPN reports.

The Grizzlies will also be involved in the revamped three-team deal, with point guard Tyus Jones heading to Washington and Celtics guard Marcus Smart headed to Memphis, per Wojnarowski.

Celtics big men Mike Muscala and Danilo Gallinari will be sent to the Wizards in the trade, according to Adam Himmselbach of The Boston Globe (Twitter links). Muscala has a $3.5MM team option, which will be exercised as part of the deal.

The Celtics will be receiving Memphis’ first-round pick (No. 25) and Golden State’s top-four protected 2024 first-round pick (via Memphis) for Smart, while the Wizards will acquire No. 35 from Boston for Porzingis.

Although Boston still found a way to acquire Porzingis, who picked up his $36MM player option for 2023/24 as part of the agreement, the incoming and outgoing packages are significantly different than the ones the team discussed with Washington and the Clippers earlier on Wednesday.

Rather than sending out Malcolm Brogdon, the Celtics will lose Smart, the longest-tenured player on the roster who had appeared in nearly 700 total regular season and playoff games for the franchise since 2014. It was widely known that Boston was looking to clear a logjam in its backcourt, but it’s a surprise that Smart will be the odd man out rather than Brogdon or Payton Pritchard. Derrick White appears likely to become the new starting point guard in Boston.

According to NBA reporter Marc Stein (Twitter link), the Clippers had concerns over Brogdon’s injury status. The veteran guard tore a tendon in his right elbow this year and is reportedly hoping to avoid surgery.

Having agreed to give up Smart instead of Brogdon, the Celtics will acquire a pair of first-round picks in addition to Porzingis, who is coming off perhaps the best season of his career. He averaged 23.2 points, 8.4 rebounds, 2.7 assists, and 1.5 blocks in 65 games (32.6 MPG) in 2022/23, posting a shooting line of .498/.385/.851.

According to Stein, Porzingis is hoping to sign an extension with the Celtics and there’s a “strong expectation” that he’ll get two years tacked onto his current contract once he becomes eligible for a new deal in July.

Assuming the Celtics hang onto the No. 25 pick, their projected 2023/24 team salary will increase by about $10MM as a result of this deal, pushing their payroll toward the second tax apron, tweets ESPN’s Bobby Marks. It will be interesting to see what the financial outlook – and the addition of Porzingis – means for restricted free agent Grant Williams, who is hardly a lock to re-sign.

The Wizards, meanwhile, continue their roster reset following the hiring of Michael Winger to run their front office. The team previously agreed to trade Bradley Beal to Phoenix and has focused on avoiding multiyear salary commitments in both deals — Jones ($14MM expiring contract), Gallinari ($6.8MM), and Muscala ($3.5MM) are all on track to reach unrestricted free agency by 2024.

While Gallinari and Muscala look like mere salary-matching inclusions, Jones and the No. 35 overall pick are positive assets.

The Wizards could probably accumulate more draft picks if they were to flip Jones to another team, but it sounds like the plan is to make him their starting point guard in 2023/24, per ESPN’s reporting. Monte Morris and Delon Wright are also in that point guard picture for the time being, as is Chris Paul, though he may be traded to a new team or bought out.

It’s an especially interesting move for the Grizzlies, who will be without star point guard Ja Morant for the first 25 games of 2023/24 while he serves a suspension. Jones, one of the league’s top reserve point guards in recent years, projected to be the starter in Morant’s absence, but now that job may belong to Smart.

Besides being able to handle point guard duties, Smart – the 2022 Defensive Player of the Year – will provide the Grizzlies with the sort of perimeter stopper they’ll be losing when Dillon Brooks departs in free agency this offseason. As Stein writes, he should also bring some veteran leadership and stability to Memphis’ locker room.

Smart will receive a $1MM trade bonus as a result of the deal, according to Marks (Twitter link). That money will be spread out across the remaining years on his contract, slightly bumping his cap hits for each season.

The Grizzlies now project to be about $20MM below next season’s tax line, so they should have the full mid-level exception available to spend in free agency if they so choose, Marks adds (via Twitter).


Luke Adams contributed to this story.