76ers acquiring No. 1 pick in trade with Celtics

Philadelphia 76ers President of Basketball Operations Bryan Colangelo announced today that the team has acquired the first overall pick in the 2017 NBA Draft from the Boston Celtics.

In exchange, the team sends the third overall pick in the 2017 NBA Draft and a future first-round pick to Boston.

The future first-round pick that Boston will receive will be the Los Angeles Lakers’ first-round pick in the 2018 NBA Draft, provided that such pick is No. 2, No. 3, No. 4, or No. 5 in the 2018 NBA Draft.

If the Lakers’ 2018 first-round pick is No. 1 or is No. 6 or later, the Sixers will instead convey to the Celtics the rights to the more favorable of the Sixers’ own 2019 first-round pick or the Sacramento Kings’ 2019 first-round pick, provided that the more favorable pick is not the No. 1 pick in the 2019 NBA Draft.

If the more favorable of the Sixers’ and Kings’ 2019 first-round picks is the No. 1 pick in the 2019 NBA Draft, the Sixers will instead convey the rights to the less favorable of those two picks.