What Lasted After the Trade
On October 9, 1979, Sacramento Kings and Milwaukee Bucks completed a deal built around Richard Washington, Ernie Grunfeld, 1980 second round pick (#40-Dick Miller (Mathias)), and cash. The trade details matter because the eventual result was not driven by package size alone. Milwaukee Bucks received Richard Washington. Sacramento Kings received Ernie Grunfeld; 1980 second round pick (#40-Dick Miller (Mathias)); cash. The realized value favors the counterparty by a meaningful margin. Milwaukee received Richard Washington and gave up Ernie Grunfeld; 1980 second round pick (#40-Dick Miller (Mathias)); cash. Taken together, those results show why the retrospective evaluation centers on realized player production, draft conversion, contract value and any downstream asset use that is specifically connected to this transaction. The key question is whether one side created durable separation from what it actually received, and the record says it did.
Why One Side Finished Ahead
Kansas City Kings own the stronger side of the comparison. On October 9, 1979, Kansas City Kings acquired Ernie Grunfeld; 1980 second round pick (#40-Dick Miller (Mathias)); cash from Milwaukee Bucks in exchange for Richard Washington. Trading Richard Washington for Ernie Grunfeld gave Kansas City Kings the better long-term outcome. The incoming side produced the transaction’s most consequential player or pick, while the partner’s return never reached comparable value. That separation supports a full Kings-franchise win. The useful point is not simply that Sacramento Kings received Ernie Grunfeld, 1980 second round pick (#40-Dick Miller (Mathias)), and cash; it is that the return became more valuable than what Milwaukee Bucks ultimately realized from its side. The A- grade credits that completed value without assuming that every later event was predictable at the moment of the trade. Where the available evidence identifies a consequential player, pick or financial advantage, that realized outcome is the basis for the edge.
What the Losing Package Produced
Milwaukee Bucks did receive identifiable value, centered on Richard Washington. Milwaukee Bucks received Richard Washington. Sacramento Kings received Ernie Grunfeld; 1980 second round pick (#40-Dick Miller (Mathias)); cash. The realized value favors the counterparty by a meaningful margin. Milwaukee received Richard Washington and gave up Ernie Grunfeld; 1980 second round pick (#40-Dick Miller (Mathias)); cash. That return is why the losing side still receives a specific D+ grade rather than being treated as if it got nothing. But a useful piece, short-term role or plausible trade-day rationale is not the same as matching the better long-term outcome. The comparison stays tied to what the assets became for each franchise, and the evidence in this trade leaves Milwaukee Bucks short of the value created on the other side.
How Opportunity Cost Shapes the Grades
The grades are A- for Sacramento Kings and D+ for Milwaukee Bucks. That spread is a measurement of realized distance, not a claim that every incoming asset for Sacramento Kings was a star or that every incoming asset for Milwaukee Bucks failed. The transaction included Richard Washington, Ernie Grunfeld, 1980 second round pick (#40-Dick Miller (Mathias)), and cash, and those pieces carried different levels of production, draft value and strategic usefulness. By grading the two teams separately, the evaluation can recognize legitimate value on the losing side while still reflecting the stronger completed return that supports Kings Win.
Final Verdict
Kings Win. Sacramento Kings receive A-, while Milwaukee Bucks receive D+. The decisive evidence is the realized value of the trade: Sacramento Kings' side of Ernie Grunfeld, 1980 second round pick (#40-Dick Miller (Mathias)), and cash produced the stronger historical return than Milwaukee Bucks' side of Richard Washington. The losing team had a defensible asset case and receives credit for what it actually obtained, but the completed production, draft consequence or transaction value described in the available evidence creates enough separation to name a winner. The verdict therefore follows the outcome rather than the size or appearance of the original packages.