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Essentially, ATL has the right to swap the SA pick with the CLE pick (acquired in the Hunter trade). Giving them the swap back essentially just has the effect of making that swap with CLE worthless.Atlanta doesn't actually own the Spurs' pick swap outright. It's this:
More favorable of (i) less favorable of ATL and SAN and (ii) less favorable of (a) CLE and (b) more favorable of UTH 1-8 and MIN [or (ii) CLE if UTH not conveyable] then less favorable of (i) and (ii) to CLE;
more favorable of ATL and SAN to SAN
If you can make sense of it. Right now Cleveland gets the Spurs pick, Atlanta gets the Cleveland pick, which is currently 17. So I guess they could swap their own pick for what Cleveland winds up getting.
But no way in hell am I giving their swap back for Risacher. That's full on nuts. He's barely mediocre and is on a #1 draft pick salary.
So getting their swap back still holds tremendous value for ATL, as they could indeed just go ahead and tank and try to double dip at the top of this draft.
I personally don't think Okongwu is worth it, and Risacher is a trap. He'd be a project that wouldn't deserve minutes ahead of Vassell or Champ but we'd feel compelled to play him because of his #1 pick pedigree (even though we shouldn't).
If we want to explore scenarios where we give ATL's its pick back, it would have to be in the context of a 3-team deal where we get something more valuable back, IMO.

