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June 23, 2009

Report: Wizards-Wolves swing a deal

Filed under: Uncategorized — Bradford Doolittle @ 8:43 pm

The long-rumored preference of the Washington Wizards to trade the fifth pick in Thursday’s draft has apparently come to pass. Fresh off the AP wire:

“Yahoo! Sports is reporting the Wizards and Timberwolves have agreed in principle to a deal that would send Minnesota guards Randy Foye and Mike Miller to Washington for the No. 5 pick in the draft and three players.

The Timberwolves would receive Etan Thomas, Oleksiy Pecherov and Darius Songaila, and the deal would leave them with the fifth and sixth overall choices in Thursday’s NBA draft.

The Web site cited unidentified sources.”

So it’s not official yet, but let’s break it down real quick anyway.

The Wizards deal the expiring contract of Thomas and throw in a pair of spare parts, plus the fifth pick. They bring back Foye, who will make a perfect running mate for Gilbert Arenas, and Miller, who will help a team that was 29th in three-point percentage last season. Foye is still working off his rookie contract, but Miller will earn $9.9 million next season which makes the overall money in the deal pretty much a wash. So Washington is still going to have some luxury tax tap-dancing to do before Feb. 10.

The Wolves now own the 5th, 6th, 18th and 26th picks in the first round on Thursday. I assume this deal is a precursor to an attempt to jump up for a shot at Ricky Rubio. Giving up Foye to do so is a steep price. The only guards still under contract are Sebastian Telfair and … that’s about it. Bobby Brown is a restricted free agent. We’ll see where David Kahn is taking this thing.

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