JULY 6: The trade is official, according to press release from the Wizards and the Trail Blazers. The terms are outlined below, with the rights to No. 14 pick Carlton Carrington headed to Washington along with Brogdon and the three future draft picks.
JULY 26: The Wizards and Trail Blazers have agreed to a trade that will send forward Deni Avdija to Portland, reports Adrian Wojnarowski of ESPN (Twitter link).
In exchange for Avdija, Washington will receive guard Malcolm Brogdon, the No. 14 pick in Wednesday night’s draft, a 2029 first-round pick, and two second-rounders, according to Wojnarowski (Twitter link).
The 2029 pick will be the second-most favorable of the three first-rounders Portland controls, per Wojnarowski. Besides their own pick, the Blazers hold the Celtics’ and Bucks’ first-rounders in ’29.
The two second-rounders will be 2028 and 2030 picks, tweets Josh Robbins of The Athletic. The ’28 second-rounder could be either the Blazers’ own pick or the Warriors’ pick (Portland controls both), while the ’30 second-rounder will be either the Blazers’ own pick or the Knicks’ pick.
Avdija, who was selected ninth overall in the 2020 draft, has spent his first four NBA seasons in Washington and enjoyed a breakout year in 2023/24. In 75 games (all starts), he established new career highs in points (14.7), rebounds (7.2), and assists (3.8) per contest, as well as FG% (.506) and 3PT% (.374). The performance earned him a sixth-place finish in the Most Improved Player vote.
The 23-year-old is also on a very team-friendly contract for the next several seasons. He signed a four-year, $55MM rookie scale extension last offseason that will go into effect in July and will run through the 2027/28 season. It has a declining structure, starting at about $15.6MM and dipping to $11.9MM by year four.
While it’s a little surprising to see the retooling Trail Blazers as an aggressive buyer on the trade market, Avdija’s age and contract make him an ideal long-term fit in Portland. The deal will also create some financial flexibility for the Blazers, who projected to be over the first tax apron in 2024/25. As cap expert Yossi Gozlan tweets, moving off of Brogdon’s expiring $22.5MM salary and the No. 14 pick (which had a cap hold of about $4.5MM) will move team salary out of luxury tax territory.
Brogdon has appeared in more than 56 games just once in the past five seasons due to injuries and only played 39 times in 2023/24. However, he remains effective when he’s available, averaging 15.7 PPG, 5.5 APG, and 3.8 RPG in 28.7 MPG with a .440/.412/.819 shooting line in his first and only season as a Blazer. The 31-year-old won the Sixth Man of the Year award with Boston in 2023 but was sent to Portland in the Jrue Holiday trade last fall.
Still, it’s safe to assume that the draft pick were the primary motivator for the rebuilding Wizards, who were rumored for much of the spring to be eyeing a third first-round pick. While Avdija would have fit Washington’s timeline too, he was part of the roster that the current front office – led by team president Michael Winger and general manager Will Dawkins – inherited, so it seems they weren’t especially attached to him. Winger and Dawkins have reportedly made it a priority to build the new-look Wizards’ roster through the draft.
It’s unclear if the Wizards will keep Brogdon for the 2024/25 season or look to flip him to a new team. The veteran would make a logical trade chip, given his expiring contract and his age, and sources indeed tell Michael Scotto of HoopsHype (Twitter link) that he’ll be a candidate to be traded again. But Brogdon could also provide depth and veteran leadership in Washington’s backcourt if the team loses point guard Tyus Jones in free agency.
Due to the poison pill provision, the trade can’t be completed until July, notes ESPN’s Bobby Marks (via Twitter). That means the Blazers will make their pick at No. 14 tonight on behalf of the Wizards.