The Oklahoma City Thunder have agreed to trade Carmelo Anthony and a protected 2022 first round pick to the Atlanta Hawks for Dennis Schroder. Atlanta will also send Mike Muscala to the Philadelphia 76ers with Justin Anderson going to the Hawks. The 76ers will also send Timothe Luwawu-Cabarrot to Oklahoma City.
The pick is protected 1-14 in 2022 and will become two second rounders if it doesn't convey.
Anthony will be waived and the Houston Rockets will be the frontrunner.
Sam Presti and Billy Donovan were given permission to talk with Schrroder and they're enthusiastic about a partnership.
Muscala is likely to be moved to a third team.
The Thunder's projected luxury tax bill, meanwhile, will drop from $150 million to $88.8 million, saving them $62 million. The Thunder will save an additional $11 million with Schroder's $15.5 million contract and the $1.5 million cap hit of Luwawu-Cabarrot. If the Thunder used the stretch provision on Anthony, they would have $9 million remaining over the next three years. Schroder makes $15.5 million per year compared to Anthony's $28 million for 18-19.