OKLAHOMA CITY, June 22, 2023 – The Oklahoma City Thunder agreed in principle to acquire the draft rights to Cason Wallace (10th overall) from the Dallas Mavericks in exchange for the draft rights to Dereck Lively II (12th overall). The trade is not yet final. Additionally, the Thunder selected Keyontae Johnson (50th overall), it was announced today by Executive Vice President and General Manager Sam Presti.
Wallace was named to the SEC All-Freshman team this past season after averaging 11.7 points, 4.3 assists, 3.7 rebounds and 2.0 steals in 32 games at the University of Kentucky. His 63 steals this past season represents the third-most by a freshman in Kentucky history.
Johnson received third-team Associated Press All-American honors this past season after averaging 17.4 points, 6.8 rebounds, 2.1 assists and 1.0 steal in 36 games with Kansas State. The Norfolk, Virginia native was named an All-Big 12 First Team selection and he was named a finalist for the Julius Erving Small Forward of the Year award.
Separately, as part of a four-team trade, the Thunder acquired a protected 2029 first-round pick from the Denver Nuggets in exchange for the draft rights to Hunter Tyson (37th overall) and the least favorable 2024 second-round pick of Minnesota and Charlotte. As part of this transaction, the Thunder sends the Indiana Pacers the least favorable of its four 2024 first-round draft picks.