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Grizzlies dominate; Knicks risk savings with trades

who won – The 2026 NBA Draft delivered clear winners and uneasy losers, from the Memphis Grizzlies’ low-cost defensive upgrade to the New York Knicks’ cap-focused trade deferral in a deep class that could have added more immediate talent.

By the time the 2026 NBA Draft wrapped in Brooklyn. June 24 had already set the tempo: the second round was completed on Wednesday. June 24. and teams could finally start assessing what they’d actually built—through picks. through trades. and through the choices that can either click fast or haunt for years.

The draft was widely regarded as deep and talent-laden. and that matters because the margin for misreading a board can be brutal. Summer League performance will be a near-term snapshot of whether each team’s plan is landing. but the first real verdict comes from what front offices prioritized before the league got the chance to prove them right or wrong.

Winners stood out for balance, fit, and value. Losers—especially those who traded away chances—are now left betting that what they saved will matter more than what the draft offered.

Memphis Grizzlies took the kind of night that feels engineered, not improvised. They may be looking to offload Ja Morant and fully commit to a youth movement. and the picks reflected that direction. Memphis got Cameron Boozer at No. 3. described as the consensus national college basketball player of the year and a polished player expected to shine from Day One. They also added Karim López. only 19. who already has years of pro experience in the National Basketball League in Australia.

The most eye-catching move wasn’t just a pick—it was the trade for former Pistons forward Isaiah Stewart at incredibly low value. Memphis took Stewart off of Detroit’s books by removing his salary. and the story being written through the selection is clear: Stewart is a physical defender who sets the tone. and Memphis—young. energized. and still shaping its identity—needs that kind of presence.

Chicago Bulls also benefited from moving high in the lottery. but the bigger takeaway was how well their selections matched what their new coach wants. Chicago traded out of both its second-round picks, yet still landed Caleb Wilson at No. 4 and Dailyn Swain at No. 15—both framed as excellent fits for new Bulls coach Tiago Splitter.

Wilson is described as touch raw and needing to add bulk. but he brings size and length. is extremely athletic. and plays with physicality. Swain, meanwhile, can get to the cup, but needs to refine his jumper. Splitter’s preferred style—running up the floor, reading opposing defenses, and attacking the paint—is where both players fit.

Miami Heat made their own kind of case: they didn’t have a first-round pick, but the No. 13 selection they held was the centerpiece of the deal that shipped two-time Most Valuable Player Giannis Antetokounmpo to Bayside. The Heat then hollowed out their roster to acquire Antetokounmpo, leaving them with a straightforward challenge—maximize what remained.

So they moved aggressively in the second round. After sensing an opportunity, Miami moved up four spots from No. 41 to take an NBA-ready guard, Ryan Conwell. The fit was treated as immediate rather than speculative. Conwell is described as a senior with experience. a dynamic athlete. and a plus defender—and. crucially for Miami. a solution to shooting. Last season at Louisville, Conwell converted 112-of-325 shots (34.5%) from 3-point range. The article also notes eight games in which he drained at least five 3-pointers.

Indiana Pacers land in the category of “not all of it was theirs,” but the sting still lands. Their draft choices are tied directly to the draft lottery outcome, when their No. 5 pick conveyed to the Los Angeles Clippers as part of the Ivica Zubac trade. The hope on the Indiana side is that Tyrese Haliburton (Achilles) can return to full health. leaving the Pacers with a solid roster.

But missing out on a high lottery pick has consequences. It puts pressure on Zubac to ensure it was worth the move. and it shifts the emotional center of their night toward what Indiana was left with. The Pacers’ lone selection was in-state fan favorite Braden Smith from Purdue, and they had to trade into pick No. 38 to get him.

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New York Knicks are a sharper kind of loser, because they’re doing it while already winning on the biggest stage. The Knicks are fresh off their first NBA title in 53 seasons, and their roster is described as complete and balanced. Still, New York took a calculated risk by deferring.

The logic is financial and deeply specific: the Knicks do not want to go over the second apron. By trading out of their selections—six times in both rounds—they saved a little bit of cap space. They also stashed away a bunch of future second-round selections.

The problem is the timing and the opportunity cost. This was a generationally deep draft, one that could have injected even more talent into their current roster. The missed opportunity feels sharper in a real-world constraint: it will be tough for the Knicks to re-sign both Mitchell Robinson and Landry Shamet.

Dallas Mavericks came out of the night with more questions than answers. and it starts with the upheaval around the franchise. The article points to significant changes over the last month-and-a-half. with Masai Ujiri now in charge of the operation and Dusty May making the jump from the NCAA champion Michigan Wolverines to new Mavericks head coach.

Morez Johnson Jr. is described as a fine player and a defensive presence, but taking him at No. 9—especially since he played under May at Michigan—was framed as a premium. The choices afterward are also portrayed as speculative for a roster that needs help now. Sergio de Larea at No. 25 is described as more of a project, and Tobi Lawal at No. 48 is called a flyer on an uber-athletic wing.

The article’s bottom line for Dallas is hard to soften: it’s difficult to see any of them making a significant impact on a roster that needs help now.

The sequence across teams reads like two different philosophies colliding with the same draft class. Some front offices treated the night as a chance to match talent to a clear identity—Memphis with youth and tone-setting defense. Miami with immediate shooting and an Antetokounmpo-shaped trade plan. Others treated the draft more like an inventory problem—New York and its second-apron math. Dallas with its coaching and organizational churn—and now they’re relying on future returns rather than the draft’s immediate abundance.

With the Summer League still ahead, the league will soon start handing out the early receipts. But for teams that passed on players in a “deep and talent-laden draft,” the question won’t be whether they had a plan—it’ll be whether the plan can survive contact with real games.

2026 NBA Draft Memphis Grizzlies Ja Morant Cameron Boozer Karim López Isaiah Stewart Chicago Bulls Tiago Splitter Caleb Wilson Dailyn Swain Miami Heat Giannis Antetokounmpo Ryan Conwell Indiana Pacers Tyrese Haliburton Braden Smith New York Knicks Mitchell Robinson Landry Shamet Dallas Mavericks Masai Ujiri Dusty May Morez Johnson Jr Sergio de Larea Tobi Lawal Ivica Zubac

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