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In a move that helped the Philadelphia 76ers dodge the luxury tax, the Detroit Pistons picked up an additional 2024 second-round pick.
Here are the particulars:
Detroit Pistons acquire: Danuel House Jr., 2024 Knicks second-round pick
Philadelphia 76ers acquire: 2028 Pistons second-round pick (top-55 protected)
Let’s dive in!
Detroit Pistons
Incoming salary: $4.3 million in 2023-24
- Danuel House Jr. (SF, one year, $4.3 million)
- Detroit also waived Joe Harris to create the roster space to bring in House. House was acquired via the Marvin Bagley TPE that the Pistons had available.
Outgoing salary: None
- None
This is pretty simple on the Pistons side. Detroit gets a second-round pick for taking on some money for House. The pick won’t be a great one, as the Knicks are playing well, but it’s something Troy Weaver can add to his draft capital stash.
The Pistons pick is top-55 protected in 2028. If that conveys, Detroit will be thrilled as it means they are one of the best teams in the NBA.
As for House the player: the Pistons waived him to be able to complete another trade they made with the Knicks. Detroit also waived Joe Harris to create space to acquire House. Harris was out of the rotation for the Pistons and will count as $19.9 million dead money for the rest of this season.
Philadelphia 76ers
Incoming salary: None
- None
Outgoing salary: $4.3 million in 2023-24
- Danuel House Jr. (SF, one year, $4.3 million)
Combining this trade with the Sixers sending Marcus Morris Sr. and Furkan Korkmaz to the Indiana Pacers for Buddy Hield, Philadelphia is out of the luxury tax. That’s the motivation behind giving up a pick to dump House.
The 76ers now have the ability to play in the buyout market. Because they are well under the apron, Philadelphia has no restrictions on who they can sign after a buyout. And the Sixers have a lot of roster spots to fill, so Daryl Morey has a busy couple of weeks ahead of him.