The Pelicans intend to defer the unprotected first-round pick the Lakers owe them until 2025, a source tells Christian Clark of The Times-Picayune. Reporters from ESPN and HoopsHype confirmed the news (Twitter links).
New Orleans technically has until Saturday at 10:59 pm CT to let the NBA know its intentions. According to Clark, the Pelicans will likely wait until the day to make the move official.
Clark reported a few weeks ago that the Pelicans were leaning toward deferring the pick, which is No. 17 overall in the 2024 NBA draft. Now that a decision has been reached, the Lakers will control that selection. Once the new league year begins on July 1, they’ll also be able to trade their 2029 and 2031 first-rounders.
As cap expert Yossi Gozlan observes (via Twitter), deferring the pick was always viewed as the logical outcome for New Orleans. The Pelicans already control the No. 21 pick in what is perceived as a weak draft, and pushing the pick back a year will remove a $3.8M cap hold from their books, which is pretty significant given the team’s financial situation.
The 2025 first-rounder that L.A. will send New Orleans is the final outgoing piece of the Anthony Davis trade from 2019, Clark writes. If the Lakers struggle next season, it’s possible it could be a lottery selection in what is viewed as a much stronger draft class. L.A. went 47-35 this season, entering the playoffs as the West’s No. 7 seed before being eliminated in the first round by the defending champion Nuggets.
In addition to the 2025 first-round pick from the Lakers, the Pels also control Milwaukee’s 2027 first-round pick (from the Jrue Holiday trade) and all of their own future firsts.
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