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the Grizzly bears and Lawn mowers have accepted a trade that will send a veteran leader Eric Bledsoé return to Los Angeles in exchange for Patrick Beverley, Rondo region, and Daniel Oturu, reports Adrian Wojnarowski of ESPN (Twitter link).
Bledsoe, who started his NBA career with the Clippers in 2010, was traded from New Orleans to Memphis earlier in the offseason as part of a wage dumping deal that also sent Steven adams to Grizzly bears. A report at the time of the deal said Bledsoe was unlikely to stay in Memphis, although it was unclear whether the plan was to trade him in or buy him back.
This trade, a three-for-one trade, will help generate some roster flexibility for a Clippers squad that carried 16 players with fully guaranteed contracts. Los Angeles will now have 14 players on guaranteed offers, more Yogi ferrell on an unsecured salary.
Swapping Beverley ($ 14.32 million), Rondo ($ 8.25 million) and Oturu ($ 1.52 million) for Bledsoe ($ 18.13 million) will also save the Clippers money. money on a tax bill that was supposed to be worth $ 125 million. According to ESPN’s Bobby Marks (via Twitter), that projection will drop to around $ 95 million.
The three outgoing players all have expiring contracts, while Bledsoe is on a pseudo-expiring deal – his salary of $ 19.38 million for 2022/23 is only partially guaranteed for $ 3.9 million. Since only Beverley and Oturu are needed for salary reconciliation purposes, LA will generate a business exception worth $ 8.25 million in salary from Rondo, Marks notes.
Although the Clippers will sacrifice some depth in trading, Bledsoe is a rebound candidate who could potentially provide the club with some of the play and defense lost by moving Beverley and Rondo. Bledsoe had a sluggish year with the Pelicans in 2020/21, but averaged 5.5 assists per game during his time in Milwaukee from 2018-2020 and had nods on defense in both seasons. .
The Grizzlies, meanwhile, are saving some 2022/23 cash in the deal while taking extra pay for ’21/22. Memphis now faces a crunch in the roster, with 17 players with fully guaranteed contracts.
According to Wojnarowsi (Twitter link), the Grizzlies will be “open-minded” in weighing additional roster moves involving Beverley, Rondo, and / or Oturu and will likely consider returning one or more of them in subsequent trades.
Memphis is already relatively deep at the point of leader, with Tyus jones backup Ja Morant and De’Anthony Melton also able to play the position. As such, it’s hard to imagine Beverley and Rondo starting the season with the club.
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