NBA trade grades: Who wins the Celtics-Grizzlies deal?

Kris Dunn, the No. 5 pick in 2016 and now with the Grizzlies, is on his third team in four weeks, while the Celtics hope their new forward, Juancho Hernangomez, will return to form as a floor-spacing big. Raj Mehta-USA TODAY Sports

What are the implications of the Boston Celtics-Memphis Grizzlies trade reported Friday by ESPN's Adrian Wojnarowski?

At the outset of the holiday weekend, the Celtics agreed to send guards Kris Dunn and Carsen Edwards and a 2026 second-round pick swap to the Memphis Grizzlies for forward Juancho Hernangomez.

Because Dunn was recently acquired by the Celtics in trade and can't have his salary aggregated with another player yet, this deal can't be officially completed until Sept. 15, which is still well before the start of training camp two weeks later. Hernangomez was also acquired in a recent trade, by the Grizzlies, but the same restriction doesn't apply because he is not being traded with another player.

Boston balances the roster with a stretch option in the frontcourt, while Memphis continues an unusual trend of trading one player with a guaranteed contract for two despite already having too many guarantees on its roster. Will Dunn or Edwards find a spot?

Let's break down what this trade means for both teams and explore which other players could be affected.

The deal

Celtics get: Juancho Hernangomez

Grizzlies get: Kris Dunn, Carsen Edwards, 2026 second-round pick swap