With the Wizards sitting in third place in the Eastern Conference, the latest trade may be the move that put the Wizards in the conversation for this season's National Basketball Association championship contenders.
Per Adrian Wojnarowski of The Vertical and David Aldridge of NBA.com, the Wizards will receive Bogdanovic and Chris McCullough in exchange for Andrew Nicholson, Marcus Thornton and a first-round draft pick in 2017. He'll bring a scoring presence to a woeful Wizards bench that ranks 29th in points per game with 23.2.
Yes, the Wizards traded away their first-round pick in a good draft in order to both get Bogdanovic and dump the Nicholson contract, but getting McCullough is arguably better given that pick is set to wind up in the 20s anyway. With Otto Porter and Kelly Oubre sharing time at small forward, Bogdanovic adds yet another dimension to the team's rotation.
Bogdanovic, in particular, should fit extremely well as a second-unit scorer in Washington. They'll settle for Bogdanovich, who has started 54 games this year and is averaging 14.2 poinds, 3.6 rebounds and 1.6 assists per contest.
McCullough has spent most of the season in the NBA Development League.
As for Marcus Thornton, it's safe to say his style of play didn't mesh with head coach Scott Brooks' game plan.
From Washington's standpoint, however, this deal is equally important for its financial situation moving forward.
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The other player acquired in the trade, Chris McCullough, was named a G-League All-Star this season for his play on assignment with Brooklyn's G-League affiliate, the Long Island Nets.
Nicholson is in his first year with the Wizards after spending the first four years of his career with the Orlando Magic.
Meanwhile, McCullough should be viewed as the wild card in the deal. The team also signed forward Derrick Williams to a second 10-day contract.
In the short term, though, adding Bogdanovic - and shedding Nicholson's salary - is what matters here. The downside is that relying on just five players is unsustainable for a team hoping to make a deep playoff run.
That was the goal this team had going into the deadline.
The Washington Wizards were in the trade market for a bench scorer and defender.