Report: Knicks trade Tim Hardaway Jr. to Atlanta for Jerian Grant, Hawks trade Kelly Oubre to Wizards

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NEW YORK — The Hawks made two separate draft night trades, and didn’t end up with a single first round pick when all was said and done.

They did, however, end up with Tim Hardaway Jr. from the Knicks, and two future second-round picks from the Wizards.

Adrian Wojnarowski of Yahoo Sports:

Washington has traded for No. 15 and will select Kelly Oubre, sources tell Yahoo.

Washington will send Atlanta the No. 19 pick tonight and two future second-round picks for Kelly Oubre, league source tell Yahoo.

The Knicks are trading Tim Hardaway to the Hawks, who will draft Jerian Grant for the Knicks, league sources tell Yahoo Sports.

If Oubre was the guy Washington had pegged all along, then the price of two future second-round picks that the team chose to pay in order to get him was extremely reasonable.

As for Hardaway, he could be a nice young rotation piece for Atlanta — he’s a capable defender who averaged 11.5 points in 24 minutes per contest for the Knicks last season, and while his shooting percentage¬†took a dip to just 38.9 percent in his second season, he could very well have much more open looks while playing in Atlanta’s motion-heavy, equal opportunity offense.

Not a bad haul for Atlanta, especially when considering how desperately they lacked consistent scoring from their bench unit all season long. And, Hardaway’s salary for next season ($1.3 million) is less than what the Hawks would have had to pay the 15th overall pick ($1.54 million), so the deal winds up looking pretty shrewd from Atlanta’s standpoint, as the team will need as much cap space as possible to attempt to re-sign Paul Millsap and DeMarre Carroll in free agency this summer.