Even Trade

Memphis received rights to Juan Carlos Navarro and sent a first-round pick (protected top 19 in 2008, top 16 in 2009, top 14 in 2010-12, top 12 in 2013, else 2014 second-round pick, $1M cash) (2010 #12-Xavier Henry) in the deal with Washington Wizards. The completed returns are close enough that neither side creates enough separation to justify a winner. The evaluation focuses on completed NBA value and avoids inflating a standard transaction simply because the list of assets was long. The counterpart retained a defensible rationale at the time, and the outcome remains close enough that contract timing, role and team context matter.