The Philadelphia 76ers are trading big man Richaun Holmes to the Phoenix Suns in exchange for cash considerations, according to Yahoo’s Shams Charania:
The Philadelphia 76ers have traded power forward/center Richaun Holmes to the Phoenix Suns for cash considerations, league sources told Yahoo Sports.
The 76ers had worked to find a destination for Holmes, and the Suns have long been intrigued by the athletic, 6-foot-10 Holmes.
The Sixers will receive $1 million in exchange for Holmes, according to ESPN’s Adrian Wojnarowski:
Suns sent $1M to Sixers in the Richaun Holmes deal, league source tells ESPN. The Dudley-Nets trade created the salary cap space needed to make trade possible for a rim-running, shot-blocking center.
— Adrian Wojnarowski (@wojespn) July 20, 2018
After getting rid of Holmes, the Sixers are signing Jonah Bolden to a four-year deal worth $7 million, per Charania:
The 76ers cleared space to sign 2017 second-round pick Jonah Bolden to a four-year, $7 million contract, league sources said. Bolden, a native of Australia, joined the 76ers for summer league this month and projects as a rotational big man for coach Brett Brown.
Philadelphia drafted Bolden 36th overall in 2017. Bolden, 22, was a member of UCLA’s basketball team from 2014 to 2016, but only played during the 2015-16 season, averaging 4.7 points and 4.8 rebounds per game. Last season, he played overseas for Maccabi FOX Tel Aviv, averaging 6.9 points and 5.5 rebounds per game while shooting 48.7 percent from the field and 31.9 percent from deep.
Bolden appeared in five games for the 76ers during this year’s NBA Summer League, averaging 6.5 points, six rebounds, 1.5 steals and a block per game. He shot just 35.1 percent from the field and 23.5 percent from 3-point range.