Many of the NBA trade rumors that are found on the internet could be busted right out of the gate by looking at the legality of the proposed deal. In this case, however, the NBA league office would approve this three-team, six-player transaction (per the ESPN NBA Trade Machine).
The salaries being traded in this hypothetical swap don't come close to matching, as Philadelphia would bring in $22.2 million, Phoenix would accept $11.4 million in salary, and Los Angeles would only have an incoming total of $5.9 million. The reason the trade would still satisfy all NBA trade and salary cap restrictions is due to the fact that the Sixers and Suns both have cap space available, so they can take on extra salary and still remain within league trade guidelines.
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The Los Angeles Lakers are clearly in rebuilding mode after the retirement of future Hall of Famer Kobe Bryant. The Lakers do not currently have any superstar performers on their roster, but they do have several young players who might become stars in the near future. If this swap actually happens, Los Angeles would give up Brandon Ingram, Lou Williams, and a future first-round pick for Ben Simmons. Right away, this proposal sounds too expensive for the Lakers, but would Ben Simmons' fit in the team's lineup change that perception?
Julius Randle, himself a high draft pick (seventh overall in the 2014 NBA Draft), is Los Angeles' current starting power forward. Randle is considered an up-and-coming talent with NBA All-Star potential, so the Lakers don't have a pressing need at this position. That, along with the expense of the rumored trade offer, is enough for Los Angeles to pass and pass quickly on this possible player exchange.
The Philadelphia 76ers would be sending out Simmons and Nerlens Noel for Ingram, Dragan Bender, and Brandon Knight. That would be a ton of talent switching teams if this deal took place, but it appears that the Sixers would be very tempted to pull the trigger on this rumored offer.
Noel is part of the team's three-headed monster at center, and one of those players needs to be moved to balance out their roster. Simmons is expected to be an NBA All-Star and perhaps a future superstar, but frankly, so is Brandon Ingram. Philadelphia would also get another high draft pick with lofty expectations (Bender), as well as a point guard in Knight who could challenge for the starting job.