Magic acquire a 2026 1st round pick swap from Phoenix for three 2nd round picks

BlueBlazer · Post #61 » by **BlueBlazer** » Sun Jul 16, 2023 11:30 pm

I guess the weird Ponzi scheme with future second rounders that Weltman runs finally paid off?

Magic#1 · Post #62 » by **Magic#1** » Sun Jul 16, 2023 11:39 pm

Like others have said, sneaky good deal. If Durant gets another 'ship in the next year or two, I wouldn't be surprised if he hangs it up. He doesn't seem like the type who wants to stay around forever and has dealt with injuries. Plus, this is another asset for a potential trade for an all-star level player.

Post #63 » by **Bensational** » Mon Jul 17, 2023 1:10 am

I like this deal. It’s another 1st to add to potential future trade offers. Denver 25 + Phoenix/Washington 26. Sounds better than saying 3 2nd round picks.

I wonder if this deal has any kind of connection to Bol signing there?

Skybox · Post #64 » by **Skybox** » Mon Jul 17, 2023 1:19 am

How did either side even conceive of this trade? Did the owners tell the FO they must make a trade this summer and they came up with this bizarre, benign silliness? I’m not saying values are off but…how many man-hours involved in this bold move? :noway:

[whistler] · Post #65 » by **[whistler]** » Mon Jul 17, 2023 2:58 am

Skybox wrote:How did either side even conceive of this trade? Did the owners tell the FO they must make a trade this summer and they came up with this bizarre, benign silliness? I’m not saying values are off but…how many man-hours involved in this bold move?

It probably came about as part of a larger trade discussion that fell apart.

fendilim · Post #66 » by **fendilim** » Mon Jul 17, 2023 3:48 am

We didnt acquire a 1st right? Just an option to swap?

Post #67 » by **ChosenSavior** » Mon Jul 17, 2023 3:57 am

fendilim wrote:We didnt acquire a 1st right? Just an option to swap?

That is correct, just the option to swap

The-Stallion70 · Post #68 » by **The-Stallion70** » Mon Jul 17, 2023 5:58 am

Sounds like a good deal for us.

best of luck · Post #69 » by **best of luck** » Mon Jul 17, 2023 6:18 am

Had me scratching my head.

But as many others mentioned we don’t use 2nd’s anyway so if it adds to few places up in a good draft then I see the positives.

We will be a playoff team able to sneak in a late lottery pick if both Washington and Phoenix are bad that year.

MoMM · Post #70 » by **MoMM** » Mon Jul 17, 2023 8:20 am

3 super low 2nd round picks for a bet, I am OK with that. It's not like we are getting a overpaid player back and we wouldn't have any roster space for these rookies too, so it's this or trading for cash/future.

Wizards probably will be bad, Suns could be bad if Durant leaves and Booker/Beal gets injured, that's two lottery picks which could be even higher. Hopefully we will be in the playoffs by then, so it sounds a good bet, IMO.

Tarheel · Post #71 » by **Tarheel** » Mon Jul 17, 2023 8:41 am

It's better to trade them in advance for some potential value rather than for cash considerations on the night of the draft!

jezzerinho · Post #72 » by **jezzerinho** » Mon Jul 17, 2023 9:22 am

If this FO devoted half the time to wheeling and dealing players as it does to wheeling and dealing second rounders, we'd be a dynasty by now!

RookieStar · Post #73 » by **RookieStar** » Mon Jul 17, 2023 9:56 am

If we use the SRPs that means we have to sign those guys right? Well... ownership probably saved some cash with that move

drsd · Post #74 » by **drsd** » Mon Jul 17, 2023 11:17 am

jezzerinho wrote:If this FO devoted half the time to wheeling and dealing players as it does to wheeling and dealing second rounders, we'd be a dynasty by now!

..... or, Weltman perfectly made all the right moves and this is season 1 of a dynasty!

drsd · Post #75 » by **drsd** » Mon Jul 17, 2023 11:22 am

RookieStar wrote:If we use the SRPs that means we have to sign those guys right? Well... ownership probably saved some cash with that move

It has been estimated that the cash value of a second round pick is 1.8M. Of course these are probably later picks and are on the low dollar end, but it is fair to say that some 2M in future "Cash Considerations" was traded away.

That is a lot more of a loss than the increase in the rookie contract. Moving from a 25-18 range to a 15-11 range, presumably what Weltman is hoping for in this trade, will cost the Magic 500k to 1M in salary increase on the rookie scale.

All in all, this was a financial loss for Orlando. And none of us care. It's not our money!
(( I have never really liked Cash Considerations' game after all ))

pepe1991 · Post #76 » by **pepe1991** » Mon Jul 17, 2023 12:03 pm

drsd wrote:
RookieStar wrote:If we use the SRPs that means we have to sign those guys right? Well... ownership probably saved some cash with that move

It has been estimated that the cash value of a second round pick is 1.8M. Of course these are probably later picks and are on the low dollar end, but it is fair to say that some 2M in future "Cash Considerations" was traded away.

That is a lot more of a loss than the increase in the rookie contract. Moving from a 25-18 range to a 15-11 range, presumably what Weltman is hoping for in this trade, will cost the Magic 500k to 1M in salary increase on the rookie scale.

All in all, this was a financial loss for Orlando. And none of us care. It's not our money!
(( I have never really liked Cash Considerations' game after all ))

I think that now, under new CBA, "cash considirations" trades are officially - illegal.

MAGICian619 · Post #77 » by **MAGICian619** » Mon Jul 17, 2023 2:50 pm

I may be in the minority with this opinion:

For a team that constantly punts 2nds and have a many of them, I LOVE this move. A gamble that could really pay off if the Wizards and Suns are terrible in 25-26. We already know the Wizards very likely will be, so all we need in the wheels to fall of an aging Suns team after the next two seasons.

We very well could have just given up (3) picks in the 50s to be able to swap our 2026 pick from the 20's to the lottery.

zaymon · Post #78 » by **zaymon** » Mon Jul 17, 2023 5:49 pm

MAGICian619 wrote:I may be in the minority with this opinion:

For a team that constantly punts 2nds and have a many of them, I LOVE this move. A gamble that could really pay off if the Wizards and Suns are terrible in 25-26. We already know the Wizards very likely will be, so all we need in the wheels to fall of an aging Suns team after the next two seasons.

We very well could have just given up (3) picks in the 50s to be able to swap our 2026 pick from the 20's to the lottery.

I dont think you are in the minority. We know how much sometimes trading up for even one spot costs. OKC had to take Bertans contract which was worth propably a late first. Trading 3x 50-60 when players are worse than unsigned but on lower contracts doesnt have value for us. Suns panic becouse their financial situation is very bad.

Post #79 » by **Knightro** » Mon Jul 17, 2023 6:17 pm

Read on Twitter

https://www.nba.com/magic/news/orlando-magic-acquire-right-to-first-round-draft-pick-swap-from-phoenix-20230717

This is now official.

The Magic have the following draft picks...

2024 Orlando 1st
2024 Orlando 2nd

2025 Orlando 1st
2025 Denver 1st
2025 Orlando 2nd
2025 Boston or Memphis 2nd (less favorable)

2026 Orlando 1st - plus the right to swap 1st round picks with Phoenix
2026 Orlando 2nd
2026 Detroit (via LA Clippers) or Milwaukee 2nd (more favorable, less favorable to Phoenix)

2027 Orlando 1st
2027 Orlando 2nd
2027 Boston 2nd

2028 Orlando 1st
2028 Orlando 2nd
2028 Washington or LA Lakers 2nd (more favorable, less favorable to Washington)

p0peye · Post #80 » by **p0peye** » Mon Jul 17, 2023 6:57 pm

I might be off, but from where I'm sitting Weltman has found another way to get rid of 2nd round picks.