FOUR-TEAM BLOCKBUSTER TRADE!

In a four-team trade, the Atlanta Hawks acquired centers Clint Capela and Nene from the Houston Rockets; the Rockets acquired forward Robert Covington and center/forward Jordan Bell from the Minnesota Timberwolves and a second-round draft pick in 2024 from Atlanta; the Denver Nuggets acquired forward Keita Bates-Diop, guard Shabazz Napier and center/forward Noah Vonleh from Minnesota and forward/guard Gerald Green and a first-round draft pick in 2020 from Houston; and the Timberwolves acquired guard Malik Beasley and forwards Juancho Hernangomez and Jarred Vanderbilt from Denver and guard Evan Turner and a first-round draft pick in 2020 from Atlanta.

What does it give the Atlanta Hawks
The Hawks were shopping for a quality center for some time now, so they did well to get Capela (who is under contract through 2022-23). Capela is used to being on a guard-dominant team so he should fit in nicely with Atlanta, whose franchise player will continue to be point guard Trae Young for the foreseeable future. The Hawks surrendered Brooklyn's first-round pick in this deal as well as little-used guard Evan Turner and a second-round pick in 2024. Veteran center Nene was also included from Houston, though he is unlikely to play much. On the surface, this looks like an absolute steal for the Hawks.

What does it give the Houston Rockets
The Rockets paid a steep price here in order to get another outside shooter in Covington, who should fit in perfectly well with coach Mike D'Antoni's "small ball" approach. Expect Covington to play a "stretch four" role (though he may even play center now that Capela is gone). The Rockets also get Bell, who can provide some length and athleticism off the bench. He will likely assume backup center duties. In addition to Capela, the Rockets dealt the contracts of Nene (to Atlanta) and Gerald Green (to Denver) to complete this deal. Houston also surrendered its first-round pick in this year's draft to Denver as part of this massive, complicated trade.

What does it give the Denver Nuggets
The Nuggets are the best team in the standings among the four clubs that engaged in this transaction. However, they shipped three players in Beasley, Hernangomez and Vanderbilt in order to land Bates-Diop, Napier and Vonleh from Minnesota, plus Green and a first-round pick from Houston. Bates-Diop should get backup power forward minutes in Denver as long as veteran Paul Millsap remains sidelined by injury. Napier adds to the depth at point guard behind Jamal Murray and should challenge Monte Morris for backup duty. Vonleh may back up at center during Mason Plumlee's injury absence.

What does it give the Minnesota Timberwolves
There are reports that Minnesota is not done dealing (rumors persist that the Timberwolves are trying to acquire point guard D'Angelo Russell from Golden State. Stay tuned). Minnesota swapped out four players for four others in this deal, but the key for them is the first-round draft pick they received from Atlanta (which originally belonged to Brooklyn). There is a pretty good chance that the pick will land in the lottery in '20, so the T'wolves could get something noteworthy in this trade. Otherwise, Beasley and Hernangomez should help Minnesota while Vanderbilt is a bit of a project. Turner was not playing much in Atlanta.

Fantasy impact
Capela's fantasy stock should remain steady in Atlanta, while Covington might be the biggest winner from a fantasy perspective (if he becomes the third scoring option in Houston behind James Harden and Russell Westbrook). Both Bates-Diop and Hernangomez have some sleeper appeal with their new teams, while Napier's fantasy stock should take a dive now that he will become a backup again in Denver. Vanderbilt is an unproven commodity without much long-range upside, while Turner, Vonleh and Green (when he returns from injury) need to get back into the rotation of their new teams before regaining some fantasy value. Keep an eye on Bell in Houston, as he could see the most minutes among the team's bigs (although they do not use many bigs to begin with). As for Beasley, he might become a quality fantasy contributor if he sees more playing time in Minnesota. Nene has no fantasy value.