The Golden State Warriors are acquiring D’Angelo Russell via sign-and-trade.
Russell will sign a four-year, $117 million contract with the Warriors.
Andre Iguodala will be sent to the Memphis Grizzlies that can waive him. But he cannot returns the Warriors next season due to the Ilgauskas’rule.
Per ESPN, To create the salary-cap flexibility to turn Kevin Durant’s free-agent deal with the Nets into the acquisition of Russell, the Warriors would trade three-time champion Andre Iguodala to the Memphis Grizzlies with a protected 2024 first-round draft pick, league sources tell ESPN.
Memphis would get the 2024 pick protected Nos. 1-4 in that year, protected to No. 1 in 2025 and unprotected in 2026 if the pick still hasn’t been conveyed, league sources told ESPN.