Veteran wing Khris Middleton is returning to the Washington Wizards, agreeing to a three-year, $17.6 million contract as part of a six-team trade that will include several other agreed-upon transactions, according to a team source who spoke on condition of anonymity because the deal has not been completed.
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The Wizards will acquire Middleton via sign-and-trade as part of a deal involving the Mavericks, Memphis Grizzlies, Milwaukee Bucks, Detroit Pistons and LA Clippers. The large deal will fold in several previously reported moves for cap purposes, including the Bucks’ acquisition of Caris LeVert from Detroit earlier Tuesday.
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Only the first season of Middleton’s contract will be fully guaranteed, the source said. Sign-and-trade arrangements must be for three seasons, but not all three seasons need to be guaranteed.
As part of the trade, the Wizards will send guard D’Angelo Russell to the Memphis Grizzlies and two future second-round picks to the Mavericks. The Wizards will also receive a future second-round pick from Memphis.
Middleton, who will turn 35 in August and won a championship with the Bucks in 2021, was acquired by the Wizards in February of 2024, then sent to the Mavericks in the Anthony Davis trade a year later.
This story will be updated.