The Qatar Investment Authority has agreed to purchase a five percent minority stake in Monumental Sports & Entertainment, which is the parent company of the Washington Wizards. Monumental owns the Wizards, Washington Capitals, Washington Mystics and Capital One Arena and the deal values the group at $4.05 billion. Sportico values the Wizards at $2.7 billion. The NBA in … [Read more...] about Qatar Investment Authority Buys Minority Stake In Wizards
Warriors Acquire Chris Paul From Wizards For Jordan Poole
The Golden State Warriors have agreed upon a trade with the Washington Wizards to acquire Chris Paul for Jordan Poole. The Warriors will also second a top-20 protected first round pick in 2030, a second rounder in 2027 and Ryan Rollins. Poole is entering Year 1 of a deal worth up to $140 million over four seasons. The Wizards agreed to acquire Paul from the Phoenix Suns as part … [Read more...] about Warriors Acquire Chris Paul From Wizards For Jordan Poole
Wizards Receive Four FRP Swaps, Six 2nd Rounders From Suns For Bradley Beal
With the Washington Wizards agreeing to send Chris Paul to the Golden State Warriors, they have finalized their trade with the Phoenix Suns involving Bradley Beal. The Suns will send the following draft capital to the Wizards: First Round Pick Swaps2024202620282030Second Round Picks202420252026202720282030 In addition to Beal, the Wizards will send Isaiah Todd and Jordan Goodwn … [Read more...] about Wizards Receive Four FRP Swaps, Six 2nd Rounders From Suns For Bradley Beal
Kyle Kuzma, Wizards Agree To Four-Year, $102M Deal
Kyle Kuzma and the Washington Wizards have agreed to a four-year, $102 million deal. Kuzma was expected to have free agent interest from the Houston Rockets amongst other cap space teams. … [Read more...] about Kyle Kuzma, Wizards Agree To Four-Year, $102M Deal
Pistons Acquire Monte Morris From Wizards For 2nd Round Pick
The Detroit Pistons have acquired Monte Morris from the Washington Wizards for a second round pick. The Wizards will create a $9.8 million Traded Player Exception. The Wizards had a surplus of guards after trading for Jordan Poole and Tyus Jones. … [Read more...] about Pistons Acquire Monte Morris From Wizards For 2nd Round Pick