TRADE: San Antonio Spurs And Indiana Pacers Make A Deal

According to ESPN's Andrew Lopez, the Pacers and Spurs made a trade.

Apr 9, 2024; Memphis, Tennessee, USA; San Antonio Spurs head coach Gregg Popovich reacts during the second half against the Memphis Grizzlies at FedExForum. Mandatory Credit: Petre Thomas-USA TODAY Sports / Petre Thomas-USA TODAY Sports

UPDATE: The trade is official.

Welcome to San Antonio, Juan!

We have agreed in principle to acquire the draft rights to Juan Núñez from the Indiana Pacers in a trade that is not yet final.@Ticketmaster | #ad pic.twitter.com/na2iaHqFq0

— San Antonio Spurs (@spurs) June 28, 2024

On Thursday afternoon, the second round of the 2024 NBA Draft is taking place.

The Spurs had the 35th pick, but ESPN's Andrew Lopez reports that they have traded the selection to the Indiana Pacers.

Via Lopez: "Spurs are trading No. 35 to the Indiana Pacers for No. 36 and cash sources tell ESPN."

Spurs are trading No. 35 to the Indiana Pacers for No. 36 and cash sources tell ESPN.

— Andrew Lopez (@_Andrew_Lopez) June 27, 2024

The Pacers then used the selection to draft Johnny Furphy out of Kansas.

He finished his one season of college basketball with averages of 9.0 points, 4.9 rebounds and 1.0 assists per contest while shooting 46.6% from the field and 35.2% from the three-point range in 33 games.

Shams Charania of The Athletic and Stadium also confirmed the news of the deal.

Via Charania: "So the Pacers sent cash considerations to the Spurs to draft Johnny Furphy at No. 35, sources said."

So the Pacers sent cash considerations to the Spurs to draft Johnny Furphy at No. 35, sources said. https://t.co/B1DfCuauoR

— Shams Charania (@ShamsCharania) June 27, 2024

On the other hand, the Spurs used the the 36th pick select Juan Nunez.

He finished this past season with averages of 10.4 points, 3.8 rebounds, 5.8 assists and 1.9 steals per contest while shooting 50.5% from the field and 36.1% from the three-point range in 14 EuroCup games.

Via Charania: "Spurs are selecting Juan Nunez at No. 36 in the NBA Draft, sources say."

Spurs are selecting Juan Nunez at No. 36 in the NBA Draft, sources say. https://t.co/9EpHPHoglF

— Shams Charania (@ShamsCharania) June 27, 2024

The Pacers are coming off an excellent year where they were the sixth seed in the Eastern Confernece with a 47-35 record.

They reached the Eastern Conference finals for the first time since the 2014 season.

The Pacers are now hard-capped at the second apron because they used cash to move up from #36 to #35.

Indiana is about $37.9M under the second apron, so something tells me they'll probably be ok.

— Keith Smith (@KeithSmithNBA) June 27, 2024

As for the Spurs, they missed the NBA playoffs for the fifth straight year.