The Oklahoma City Thunder have agreed to trade Carmelo Anthony and a protected 2022 first-round pick to the Atlanta Hawks for Dennis Schröder according to ESPN’s Adrian Wojnarowski.
In so doing, the Thunder save nearly $100 million in roster salary and luxury tax. Anthony is scheduled to make $27.9 million this season. The Hawks will waive Anthony, clearing cap space for their team and allowing Anthony to enter free agency. The Houston Rockets are the front runners for his services along with the Miami Heat.
Oklahoma City was able to accomplish two things by trading Carmelo Anthony to Atlanta, improve the roster while saving $73M this season. The Thunder will now see their projected luxury tax bill drop from $150M to $88.8M, a savings of $62M. In addition,… https://t.co/dcp1nQxadt
— Bobby Marks (@BobbyMarks42) July 19, 2018
Here's how @BobbyMarks42 breaks it down: "Instead of having the $9.3M dead cap hit with Anthony on the stretch provision, Oklahoma City essentially is paying $5M for the next three seasons for a 24 year-old point guard who has started 161 games in five seasons."
— Royce Young (@royceyoung) July 19, 2018
The Thunder also create a $10.9 million trade exception.
This deal is apart of a larger three-team deal between Oklahoma City, Atlanta and the Philadelphia 76ers.
Atlanta will send Mike Muscala to Philadelphia while Oklahoma City will also receive small forward Timothé Luwawu-Cabarrot from the Sixers. Justin Anderson will also head to Atlanta from Philadelphia.
The first-round pick OKC is sending to Atlanta is protected 1-14. If it doesn’t convey, it would then become two second round picks.
Schröder’s contract is three years, $15.5 million. With this, Oklahoma City now has a core of Russell Westbrook, Paul George, Steven Adams, Jerami Grant and now Schröder for the next three seasons. Andre Roberson’s deal is good for another two seasons.
According to Wojnarowski, Sam Presti and Billy Donovan were given permission to speak with Schröder and both parties were “enthusiastic about a partnership.” Schröder has started the last two seasons for Atlanta and will now obviously have to take a bench role to back up Westbrook. If both parties have met, this was certainly discussed and Schröder could be at peace with his new role.
Last season, Schröder started all 67 games he appeared in. He averaged 19.4 points on 44 percent shooting from the floor — 30 percent from three — as well as 6.2 assists and just over one turnover a game. He is a career 32 percent three point shooter.
Schröder does come with some off-the-court baggage. In 2017, Schröder was arrested on a misdemeanor battery charge for a fight outside of an Atlanta hookah bar. The court recommended the charge be upgraded to a felony back in March but according to Schröder, he is not concerned about it going forward.
Luwawu-Cabarott is a 23-year old French born player who spent his both his NBA seasons with the 76ers. He started 19 games in 2016-17 and only seven last year. He shot 33 percent from three last year and has scored six points a game over his career. He is a player that many believe can have a nice career if he can develop.
The young small forward’s future with the Thunder is unclear — it is up in the air if Oklahoma City will keep him — but that hasn’t stopped his enthusiasm for joining the roster. He is not known as a shooter, but is lengthy/long and brings a lot to the table that Presti and the Thunder typically look for in wing players.
I just texted Timothe Luwawu-Cabarrot on trade to OKC Thunder. He's thrilled: "(OMG Emojis) HUGE. I'm so excited. Paul George is my favorite player."
— David Pick (@IAmDPick) July 19, 2018
The Thunder have both improved their roster and shaved a huge portion of their historic payroll/tax bill. Schröder provides playmaking ability off the bench which now has Nerlens Noel as well.