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The Wizards and Bulls have reached an agreement to sign-and-trade 27-year-old point guard Tomas Satoransky, per ESPN’s Adrian Wojnarowski.
Chicago has reached agreement on a sign-and-trade with Washington for guard Tomas Satoransky, league sources tell ESPN. Bulls are signing Satoransky to a three-year deal, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) July 1, 2019
K.C. Johnson of The Chicago Tribune also reports that the Wizards will get the Bulls’ 2020 second round pick and the possibility of a pick swap down the line.
The Bulls are sending a 2020 2nd round pick and the rights to swap a future 2nd round pick in the Satoransky deal, per source.
— K.C. Johnson (@KCJHoop) July 1, 2019
Wojnarowski also reported that Satoransky signed a three-year, $30 million deal. This amount is reasonable given the point guard marketplace today, but the Wizards don’t have cap space to sign him and remain under the luxury tax threshold.
It also doesn’t appear that the Wizards are getting a player back in the deal, so Sato’s decision also gives Washington some much-needed salary cap relief.
Satoransky started 54 games for the Wizards last year, and by all accounts had a successful season, averaging 6.6 assists per 36 minutes and shooting nearly 40 percent from three. The sign-and-trade suggests that the team is trying to save money at the point guard position.
Also, Satoransky will be reunited with former Wizard Otto Porter Jr. in Chicago. Both of them are known for efficiency over simple production.