**Kings Officially Acquire DeRozan, Spurs Get Barnes in Three-Team Deal**
The blockbuster three-team trade involving DeMar DeRozan and Harrison Barnes has been finalized, as confirmed by press releases from the Spurs, Kings, and Bulls.
The Spurs received Barnes from the Kings and secured the right to swap first-round picks with the Kings in 2031. They also sent two-way player RaiQuan Gray to the Bulls.
San Antonio will waive Charles Bassey to complete the trade, but they are looking for ways to re-sign him, according to Jeff McDonald of the San Antonio Express-News.
Sacramento acquired DeRozan from the Bulls, sending Chris Duarte, two second-round picks, and cash considerations to Chicago. The Kings also included Barnes and the 2031 pick swap in the deal with San Antonio.
The Bulls plan to waive Gray, according to K.C. Johnson of NBC Sports Chicago.
The trade was a sign-and-trade for DeRozan, who was sixth on the list of top 50 free agents this summer. His new contract is valued at approximately $76 million over three years, with the first two years fully guaranteed and a partial guarantee for the third year, according to Chris Haynes of TNT and Bleacher Report. The contract includes $49 million guaranteed for the first two years and bonuses for being named an All-Star.
The Kings are now hard-capped at the $178.1 million first apron, as noted by cap expert Yossi Gozlan. Sacramento will also create a $5.9 million trade exception from this deal.
DeRozan, 34, had an impressive tenure with the Bulls, averaging 25.5 points, 4.7 rebounds, and 5.1 assists per game over three seasons, and frequently performing well in Clutch Player of the Year voting.
DeRozan will now join De’Aaron Fox, Domantas Sabonis, Malik Monk, and Keegan Murray on the Kings, forming what is expected to be one of the league’s most dynamic offenses. The Kings aim to return to the playoffs after being eliminated in the play-in tournament last season.
The Bulls’ trade of DeRozan marks another step in their offseason roster overhaul, which has already seen Alex Caruso traded and Andre Drummond depart in free agency. Chicago is transitioning to a younger, more cost-effective roster to rebuild into a competitive team.
Chris Duarte, a 27-year-old swingman with three years of NBA experience, is the latest addition to the Bulls. He played in 59 games for Sacramento last season, averaging 3.9 points and 1.8 rebounds in 12.2 minutes per game. Duarte is under contract for one more season at $5.9 million and is eligible for an extension until October 21. The Bulls will create a $17.6 million trade exception from this deal, according to Bobby Marks of ESPN.
Barnes joins Chris Paul as a veteran addition to the Spurs. The 32-year-old, known for his durability, played all 82 games in the past two seasons. He can play either forward spot and will likely benefit from open looks alongside Paul and Victor Wembanyama. Last season, Barnes averaged 12.2 points, 3.0 rebounds, and 1.2 assists with shooting stats of .474/.387/.801.
The Spurs will use their cap space to absorb Barnes’ $18 million salary for the upcoming season. Barnes will earn $19 million in 2025/26 before becoming an unrestricted free agent. His contract includes a $3.7 million trade kicker, which Sacramento will cover, divided into $1.85 million over the next two seasons. This amount can only be reduced with Barnes’ consent.
