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Atlanta Hawks reportedly acquire Dewayne Dedmon, send Alex Len and Jabari Parker to Sacramento

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Portland Trail Blazers v Atlanta Hawks Photo by Jasear Thompson/NBAE via Getty Images

Travis Schlenk and company have been busy in the last 24 hours, consummating a four-team trade for Clint Capela and parting ways with Chandler Parsons to pave the way for the mega-deal to be complete. However, the Atlanta Hawks weren’t done, and word broke on Wednesday evening that veteran center Dewayne Dedmon will be returning to his old team in a deal that will reportedly send Jabari Parker and Alex Len to Sacramento.

From there, Sam Amick of The Athletic brings clarity on the second-round picks, reporting that the Kings will send a 2020 pick from Houston and a 2021 pick from Miami to Atlanta in the swap.

From a basketball perspective, the move is a bit curious in that Capela is clearly the long-term starting center after Atlanta’s maneuver on Tuesday evening. However, Dedmon brings a different skill set to the table as a potential floor-spacer and, with Len heading out of town, the Hawks do have some room for minutes at the center position.

Perhaps more interesting, though, is the draft pick compensation and financial considerations. Parker has a $6.5 million player option for the 2020-21 campaign and, while it isn’t a lock that he would exercise it, the veteran forward has to at least consider opting in after an injury-plagued campaign. Dedmon also has money on the books beyond the 2019-20 season, though, with $13.3 million guaranteed for the 2020-21 season. His contract is non-guaranteed for 2021-22, with only $1 million in guaranteed money for that season.

There is at least the possibility of further movement from the Hawks but, for now, Dedmon is a high-priced, yet capable backup and the financial impact isn’t as negative when considering Parker is heading elsewhere. The Hawks now project for $49 million in salary cap space for the 2020 season, with a pair of second-round picks to refill the coffers from a draft perspective.

Stay tuned for more as it becomes available.