Complete guide to Sam Presti’s trades as General Manager
Sign-and-trade sends Lewis to Orlando
Trade Details
Orlando Magic Receive
Rashard Lewis
Supersonics Receive
Future Conditional Second-Round Pick
Trade Exception (worth $9 million)
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Rashard Lewis spent his first nine NBA seasons with the Supersonics. The 1998 second round pick developed into a very good player, averaging 16.6 points-per-game during his tenure with the franchise.
Scheduled to hit free agency, Lewis was scheduled to receive a big pay day. He ultimately agreed to a six-year, $110 million dollar contract with the Orlando Magic.
At the time, the Supersonics were in no position to pay Lewis close to $20 million per season. Although he left via free agency, the franchise did receive compensation in return.
Along with acquiring a second round pick, Presti was able to generate a $9 million dollar trade exception as part of the deal.
The trade exception wasn’t held for long, but ended up being a very valuable asset for the franchise.