The Washington Wizards have acquired Spencer Dinwiddie from the Brooklyn Nets as part of a five-team trade. Dinwiddie will sign a three-year, $62 million contract.
The trade also includes the Los Angeles Lakers, Indiana Pacers and San Antonio Spurs.
Brooklyn will receive a 2024 second round pick, a 2025 second round and an $11.5 million trade exception. Washington will send the more favorable of the Memphis Grizzlies' and Washington's own second round picks in 2024, as well as the more favorable between the Golden State Warriors' and Washington's in 2025.
The Spurs will receive Chander Hutchison and a 2022 second rounder. The Wizards will avoid the luxury tax for the season by trading Hutchison.
The Lakers will receive Russell Westbrook while sending Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell to the Wizards. Washington traded No. 22 from the Lakers to the Pacers for Aaron Holiday and No. 31.