Washington traded Kyle Kuzma, Patrick Baldwin Jr. and a 2025 second-round pick for Khris Middleton, AJ Johnson and a 2028 first-round swap right.
The Wizards sent Kyle Kuzma and Patrick Baldwin Jr. into a four-team arrangement and received Khris Middleton, young guard AJ Johnson and a 2028 first-round swap right from Milwaukee. Middleton supplied championship experience and shooting, although his recurring injuries reduced the certainty of long-term playing value. The swap right was a separate future asset that Washington could retain beyond any short stay by the veteran.
The Bucks acquired Kuzma, Jericho Sims and a 2025 second-round pick while moving Middleton and Johnson to Washington. The deal also helped Milwaukee get under the second salary-cap apron, restoring some transaction flexibility. Kuzma offered a younger scorer in a different role beside Giannis Antetokounmpo, while Sims added interior depth. That was a deliberate roster and contract reset, not just a dismissal of Middleton’s previous championship contributions.
The Knicks received Delon Wright and cash considerations and moved Sims into the Bucks’ part of the agreement. San Antonio received Patrick Baldwin Jr. and cash. Neither team obtained the central veteran scorers, but both participated to exchange a specific roster asset for a different kind of depth or financial value. Omitting these recipient sides would make the four-team structure unreadable.
Middleton’s direct production depended on health and age, while Johnson’s development was speculative. The 2028 swap offered Washington an opportunity independent of either player’s immediate minutes. Milwaukee could still benefit from Kuzma and the additional cap flexibility, so the inherited Wizards Win grade reflects the combination of player and future-rights value rather than declaring Kuzma worthless.
Wizards Win, provisionally. Washington acquired Middleton, AJ Johnson and a 2028 first-round swap in exchange for Kuzma and other consideration. Milwaukee sought a younger forward and salary flexibility, while the Knicks and Spurs received secondary returns. The swap supplies the Wizards’ most durable upside.