Washington Wizards to get Spencer Dinwiddie in sign-and-trade deal; guard to sign 3-year, $60M contract

According to league sources, the Washington Wizards and Brooklyn Nets reached an agreement on a sign-and trade deal that will send Spencer Dinwiddie from Brooklyn to Washington Wednesday night. The deal will see Dinwiddie get a three year contract from the Wizards worth nearly $60 million. It will also send two second-round picks to the Nets. These will be the most favorable of the Memphis Grizzlies and Washington second-round picks 2024 and 2025 respectively. Sources tell Wojnarowski that Washington will also send Chandler Hutchison, Washington's forward, to the San Antonio Spurs along with a 2022 second round pick. This will allow the Wizards to stay out of the luxury tax for next year. These moves will be combined into a trade between five teams that will eventually send Russell Westbrook to Los Angeles Lakers. The Lakers got Westbrook. The Wizards now have Kyle Kuzma and Kentavious Caldwell–Pope. The No. 22 pick in the first round that the Lakers initially agreed to send to Washington was the one they re-routed to the Pacers. The No. 22 pick that the Lakers originally agreed to send to Washington, the No. The Spurs will receive Hutchison, the second-round pick and the trade exception. The Nets will end up with the two second rounders and Hutchison. The league's annual moratorium regarding signings and tradings will be lifted on Friday to allow for salary caps. Dinwiddie, 28 years old, is coming off a season in which he only played three games for the Nets. He had partially tore his ACL back December and required season-ending surgery. Dinwiddie, 28, has completely revitalized himself since he arrived in Brooklyn in December 2016. He spent the past five seasons in Brooklyn and became a player who scored more than 20 points and gave out six assists per game during the 2019-20 season. However, with the Nets investing heavily in luxury taxes and a roster that now includes Kyrie Irving and James Harden, Dinwiddie was never going to be able to stay in Brooklyn. Instead, he will replace Westbrook in Washington. The Wizards hope their active offseason can convince Bradley Beal to stay in Washington. Beal can sign a contract extension this year and become a free agent next season. In a matter of a week, the Wizards completely remade their roster, bringing in five veteran players and two rookies in Corey Kispert, Todd, and creating future salary flexibility in an effort to propel the franchise forward following a disappointing first round exit in this year's playoffs. After the Wizards' first round loss to the Philadelphia 76ers, Tommy Sheppard, general manager of the Wizards, stated that "Now that's not longer acceptable." We must be better next season, and we will. Washington fired Scott Brooks as coach and hired Wes Unseld Jr., the former Denver Nuggets assistant -- the son of Washington Bullets legend, Hall of Famer -- last year. Hutchison (25 years old) was the 22nd overall pick of the Chicago Bulls in 2018 NBA draft. Along with center Daniel Gafford and Hutchison, he arrived in Washington as part of a three-team agreement shortly before March's NBA trade deadline. He averaged 4.3 points per game over 25 games last season for the Bulls or Wizards. Bobby Marks, ESPN NBA Front Office Insider, contributed to this report.

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