Even Trade

The exchange is best treated as broadly even once role, timing and asset quality are considered. Milwaukee Bucks received Bullets' agreement not to exercise their right of first refusal on restricted free agent Bob Dandridge. Washington Wizards received 1982 fifth round pick (#112-Jerry Davis); cash. On a hindsight basis, outgoing draft outcomes included Jerry Davis (No. 112). The grade also accounts for transaction scale and whether the outgoing package contained premium first-round or established-player value. The assets exchanged are clear enough to support moderate confidence in this assessment.