Title: Raptors deal Malachi Richardson in accounting precursor to something else
Date: February 6, 2019
Original Source: The Athletic
Synopsis: In my latest for The Athletic Toronto, I wrote about a seemingly meaningless Raptors trade that could have major financial implications for the trade or buyout market.
The Bruno Caboclo era is officially over. Or rather, the Caboclo era in Memphis has just begun, while his final remaining imprint on the Raptors—outside of our hearts—was extinguished Wednesday.
In what is a precursor to another roster move at some point, the Raptors announced they have traded Malachi Richardson, the draft rights to Emir Preldzic and draft considerations to the Philadelphia 76ers for cash considerations.
At last year’s trade deadline, the Raptors ended their Caboclo experiment by flipping him to Sacramento for Richardson. This move, which ends the Caboclo trade tree prematurely and anticlimactically at “cash,” comes from a similar mode of thinking. It is partially financially motivated and partially to increase flexibility with 24 hours to go before this year’s deadline and the opening of the buyout market.
It’s probably easiest to break this trade down into its component parts since there is not a giant takeaway here other than “wait and see.”