8:05 pm: The trade is now official, according to press releases sent out by the Wizards and Kings.
3:59 pm: The Kings are acquiring center Jonas Valanciunas in a trade with the Wizards, reports NBA insider Marc Stein (Twitter link). According to Shams Charania of ESPN (Twitter link), Sacramento is sending newly acquired wing Sidy Cissoko and a pair of second-round picks to Washington in the deal.
According to Bobby Marks of ESPN (Twitter link), Sacramento will use its $12.8MM non-taxpayer mid-level exception to absorb Valanciunas’ $9.9MM salary. He reports that the picks being moved are the Kings’ own in 2029 and a Denver selection in 2028 that’s top-33 protected. That pick was acquired in the De’Aaron Fox deal earlier this week.
The trade with Washington leaves the Kings about $2.5MM below the tax line, states cap analyst Yossi Gozlan (Twitter link), who notes that the team had some flexibility after unloading Fox’s and Kevin Huerter‘s salaries.
Valanciunas, a 32-year-old center, will provide veteran frontcourt depth for Sacramento. He appeared in 49 games during his lone season in Washington, averaging 11.5 points and 8.2 rebounds in 20.1 minutes per night while shooting 54.7% from the field. Valanciunas will join Domantas Sabonis, his longtime teammate on the Lithuanian national team, notes Marc Stein (Twitter link).
The Nuggets were also hoping to land Valanciunas, sources tell Jake Fischer of The Stein Line (Twitter link), as were the Suns as they try to find a taker for Jusuf Nurkic.
The second-round picks heading to the Wizards bring their total to 19 over the next seven drafts, according to Gozlan (Twitter link). Cissoko is making just $1.89MM, so this deal helps them offset the extra salary they took on earlier today by agreeing to trade for Khris Middleton. Gozlan states that Washington will create a $9.9MM trade exception and is now $11.8MM below the tax line.
This is the second trade of the week for Cissoko, a 20-year-old small forward, who went from San Antonio to Sacramento in the Fox deal. He has seen minimal playing time at the NBA level since being selected with the 44th pick in the 2023 draft. Cissoko appeared in 17 games for the Spurs this season, averaging 1.3 PPG in 3.2 minutes per night.