JUNE 24: The deal is now official, both teams announced in press releases.
JUNE 23: The Grizzlies and Sixers have agreed to a trade that will send the No. 23 pick in this year’s draft to Memphis and guard De’Anthony Melton to Philadelphia, a source tells ESPN’s Adrian Wojnarowski (Twitter link). Danny Green is also headed to the Grizzlies in the swap, tweets Kyle Neubeck of PhillyVoice.com.
According to Wojnarowski (via Twitter), Colorado State’s David Roddy will be Memphis’ pick at No. 23. Roddy had an excellent junior season for the Rams, averaging 19.2 PPG, 7.5 RPG, 2.9 APG, 1.2 SPG and 1.1 BPG on .571/.438/.691 shooting in 31 games (32.9 MPG).
In order for the trade to work, Green’s non-guaranteed contract will have to be partially guaranteed to at least $6.52MM for salary matching purposes, Yossi Gozlan of HoopsHype tweets. Melton will earn $8.25MM next season and his $8MM salary in 2023/24 is partially guaranteed at $1.5MM.
As John Hollinger of The Athletic observes (via Twitter), the Sixers would lose the full mid-level exception with the deal unless they’re able to dump salary in subsequent moves, which could take them out of the running for P.J. Tucker, who is an unrestricted free agent after declining his player option.
Trading a guard in Melton and drafting a couple of forwards in Jake LaRavia and Roddy seems to indicate that Memphis wants to re-sign free agent Tyus Jones, who is one of the top point guards on the market. Jones has led the NBA in assist-to-turnover ratio for four straight seasons and set career highs in PPG (8.7) and 3PT% (.390) in 2021/22.
It was reported multiple times in the past couple weeks that the Sixers were dangling the No. 23 pick and Green’s expiring, non-guaranteed deal in an effort to add a win-now veteran, and they were able to acquire a talented young player in Melton, who had reportedly drawn considerable interest around the league.
Melton, 24, is a strong, versatile defender capable of playing both guard positions. In 73 regular season games this past season (22.7 MPG), he averaged 10.8 PPG, 4.5 RPG, 2.7 APG and 1.4 SPG on .404/.374/.750 shooting. He’s extension-eligible this offseason, although the Sixers might hold off on that decision.