Warriors acquire D’Angelo Russell from Nets, trade Andre Iguodala to Grizzlies

The Golden State Warriors struck two deals last night, the first one coming with the Nets in which they finalized a sign-and-trade to land D’Angelo Russell, Treveon Graham, and Shabazz Napier to complete the Kevin Durant deal. The second deal sent Andre Iguodala to the Memphis Grizzlies in exchange for a 2024 first-round pick (top-four protected).

Russell will receive a four-year, $117 million maximum salary contract, according to Adrian Wojnarowski of ESPN.

By turning the Durant deal into a sign-and-trade, they could have created a $30 million trade exception. Instead, they’ll acquire a different player and his salary in return.

The Warriors must stay below the tax apron, set at roughly $138.9 million, to remain eligible to work out a sign-and-trade. Doing so with just the Russell and Klay Thompson moves (Thompson signed a maximum-salary deal) would have been extremely difficult, but trading away Andre Iguodala helped make it possible.

It appears likely that Shaun Livingston and his $7.7 million may also be on the way out, as ESPN’s Bobby Marks takes a more thorough look at the Warriors’ financial situation.

The Grizzlies will be able to take on Iguodala’s $17 million salary using the $25 million trade exception they’ll get when they officially send Mike Conley to Utah.

But it’s not guaranteed that Iguodala will even stick with the Grizzlies, as David Aldridge of The Athletic suggests that Memphis would like to have Iguodala act as a veteran mentor to the team’s young core, but he wouldn’t rule out the possibility of a buyout. If he is bought out, he wouldn’t be eligible to re-sign with the Warriors in until after next season.

Whether or not the Grizzlies keep or get rid of Iguodala, the 2024 first-rounder is the best asset in the deal. That pick will become top-one protected in 2025 if it doesn’t convey in 2024, according to Woj. It would be unprotected in 2026 if it doesn’t pan out in either of the first two years.

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