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Report: Jazz trading Joe Ingles’ contract, picks for Nickeil Alexander-Walker and Juancho Hernangomez

Nickeil Alexander-Walker and Joe Ingles in New Orleans Pelicans v Utah Jazz

SALT LAKE CITY, UT - NOVEMBER 26: Nickeil Alexander-Walker #6 of the New Orleans Pelicans shoots the ball against the Utah Jazz on November 26, 2021 at vivint.SmartHome Arena in Salt Lake City, Utah. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2021 NBAE (Photo by Ned Dishman/NBAE via Getty Images)

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Armed with Joe Ingles’ expiring contract and draft picks, the Jazz were linked to some of the biggest names swirling before the trade deadline.

Utah is dealing Ingles in a three-team trade with the Trail Blazers and Spurs for… Nickeil Alexander-Walker and Juancho Hernangomez.

Adrian Wojnarowski of ESPN:

This is a pretty uninspiring return for a team in the thick of championship contention and with additional reason to show urgency.

Alexander-Walker, sent from the Pelicans in the C.J. McCollum trade, only briefly passed passed through Portland. The No. 17 pick in the 2019 draft, Alexander-Walker has shown promise and is just 23. But he has really struggled this season, shooting frequently and inefficiently. Even if the Jazz like him as a second-draft prospect, Alexander-Walker might not be ready to help a win-now team in this year’s playoffs.

The way Alexander-Walker has played lately, he duplicates Jordan Clarkson as a high-volume guard. But Alexander-Walker could get back to playing more of a well-rounded game.

Hernangomez could theoretically help Utah as a stretch four. But that wasn’t really a need with Bojan Bogdanovic and Rudy Gay already there. There are reasons Hernangomez keeps getting traded – from the Timberwolves to the Grizzlies, from the Grizzlies to the Celtics, from the Celtics to the Spurs and now from the Spurs to the Jazz within the last six months – without cracking a regular rotation anywhere.

A significant consideration in the trade: Utah reduces its luxury-tax liability by about $11 million.

Portland offloads Alexander-Walker’s $5,009,633 salary for next season. Ingles and Elijah Hughes (No. 39 pick in 2020) are on expiring contracts. This moves the Trail Blazers’ projected cap space this summer toward $35 million. Plus, they get a second-rounder.

The Spurs probably don’t value Tomas Satoransky. San Antonio just gets a pick for swapping Hernangomez for a more-expensive player (both of whom are on expiring contracts).