The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62M deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic. The club will acquire Dinwiddie from the Nets via sign-and-trade.
That $62M figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic.
According to Charania, the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move should also create an $11.5M trade exception for Brooklyn.
Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports.
Adrian Wojnarowski of ESPN provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 pick swap to the Nets. That 2025 swap will give Brooklyn the chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ second-rounder, per Tim Bontemps of ESPN.
In total, Wojnarowski reports the deal will include five teams: the Wizards, Nets, Spurs, Lakers and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.
Here’s what the full deal should look like, based on the details reported so far:
- Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday and the draft rights to Isaiah Todd (No. 31 pick).
- Lakers to acquire Westbrook, a 2024 second-round pick (from Wizards), and the Wizards’ 2028 second-round pick.
- Nets to acquire a 2024 second-round pick (from Wizards) and the right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
- Spurs to acquire Hutchison and a 2022 second-round pick (from Wizards).
- Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).
As Eric Pincus of Bleacher Report points out, there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported, so far, Brooklyn and San Antonio are each receiving only assets from the Wizards.
In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020-21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.
In his last full season, Dinwiddie averaged 20.6 points and 6.8 assists on .415/.308/.778 shooting in 64 games (31.2 minutes per contest) for Brooklyn in 2019-20.
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