Clippers acquire Bledsoe from Grizzlies for Rondo, Oturu and Beverley
The deal saves the Clippers $30 million in luxury tax and creates an $8.3 million traded-player exception that they will have a year to use
The Los Angeles Clippers and the Memphis Grizzlies finalized a trade that involved four players.
Per ESPN, The LA Clippers are trading Patrick Beverley, Rajon Rondo and Daniel Oturu to the Memphis Grizzlies for guard Eric Bledsoe, sources told ESPN on Sunday.
The deal saves the Clippers $30 million in luxury tax and creates an $8.3 million traded-player exception that they will have a year to use.
The trade gives the Grizzlies salary-cap flexibility in the summer of 2022, when Bledsoe is guaranteed $3.9 million of the $19.3 million in the last year of his deal. Memphis has 16 guaranteed contracts now and will be open to trades for some of the players returning in this deal, sources said.