According to sources who spoke with ESPN, the Phoenix Suns made a trade with the Memphis Grizzlies on Thursday to acquire three future second-round picks after the blockbusters starring Kevin Durant and Bradley Beal depleted the team's funds.
According to sources, the Grizzlies will send the New Orleans Pelicans a second-round pick in 2025 and their own second-round picks in 2028 and 2029. These second-rounders give the Suns a few picks to use in ongoing exchanges, or to draft players themselves.
In exchange for Durant, the Suns gave the Nets four unprotected first-round picks and a 2028 pick swap. The Suns controlled no first- or second-round picks through 2030 before this deal.
According to sources, the Suns will have to pay for forward Isaiah Todd and first-round pick swaps in 2024 and 2030. The Grizzlies will have the solidly in those years to trade their own first for the lesser of the Suns/Washington Wizards' first-round determinations, sources said.
In the Beal deal, the Suns and Wizards exchanged six future second-round picks and six first-round pick swaps.