The Sacramento Kings have emerged from their free agency slumber and pulled the trigger on a trade that sends Jason Thompson, Carl Landry, and Nik Stauskas to the Philadelphia 76ers. It is unclear what the Kings will receive in return, if anything. The 76ers may simply absorb the contracts into their cap space.
Sacramento is trading Jason Thompson and Carl Landry as part of a salary dump to the Philadelphia 76ers, league sources tell Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 2, 2015
The Kings are sending Nik Stauskus to the 76ers as part of the deal too, league sources tell Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 2, 2015
This trade accomplishes several things for the Kings. First, and most importantly, it creates a ton of extra cap space.
If nothing guaranteed is coming back to Sacramento, the Kings now have $25.9 million in cap space.— Tom Triller (@teamziller) July 2, 2015
Second, while it may seem unfair to dump Jason Thompson into a bad situation after all that he's been through, we should keep in mind that JT is from Philadelphia. The longest-tenured King in franchise history gets to go home.
We'll have more on this as it develops, as well as additional reactions to the trade. Stay tuned, as this trade likely is a signal that the Kings are about to make some moves in free agency.
The Kings will receive the rights to several international prospects. Read that as "unguaranteed contracts".
Sources: 76ers sending the rights of oveseas players to Kings. Philly wanted Stauskas and will take on Thompson/Landry salaries.— Adrian Wojnarowski (@WojYahooNBA) July 2, 2015
And the Kings are expected to use the cap space to pursue Wes Matthews and Rajon Rondo. Rondo reportedly wanted $10 million, Matthews has reportedly been seeking $15 million per year. The Kings now have about $25 million in cap space.
The Kings clearing the salary cap space to pursue free agents Rajon Rondo and Wes Matthews, league sources tell Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 2, 2015
And just for good measure, let's throw Monta Ellis into the mix.
The Kings are seriously interested in free agent guard Monta Ellis too, league sources tell Yahoo Sports .— Adrian Wojnarowski (@WojYahooNBA) July 2, 2015
Having fun yet?
Sixers will receive a protected 1st-round pick from the Kings, and swap rights w/ Sacto in the 1st round of two other drafts, sources say.— Zach Lowe (@ZachLowe_NBA) July 2, 2015
This certainly makes the deal a bit less appealing. I'm curious about some of the details involved here, but this certainly isn't the 2nd rounder many hoped might be included.