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The Hoop Doctors

Breaking News: Richard Jefferson Traded to Spurs

June 23, 2009 – Dr. Dime

Chad Ford of ESPN during his live webchat today released a bit of breaking news he received from a GM (which one was not communicated) that a deal is imminent and closing between the San Antonio Spurs and Milwaukee Bucks involving Richard Jefferson as the key piece.

The trade is Richard Jefferson to the Spurs for Bruce Bowen, Fabricio Oberto and Kurt Thomas … more coming in just a second. Deal is agreed to in principle with a trade call coming later today…

Bowen, Oberto and Thomas are all in the last year of their contracts. It saves them roughly $3 million this year and $15 million next year. And it gives them some flexibility to sign at least one of their restricted free agents — either Charlie Villanueva or Ramon Sessions….

Guys you’re going to have to give me a few minutes … ESPN needs a few more details.Yes, it’s a great deal for the Spurs, but don’t kill the Bucks either. This gives them lots of flexibility going forward.

Stay tuned for more details as the deal is finalized…

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