The Washington Wizards' trade of Bradley Beal to the Phoenix Suns is now finalized, per ESPN's Adrian Wojnarowski, just moments after a blockbuster trade was reported involving the Wizards and Golden State Warriors.

These two trades will go down as separate deals. The first trade has the Wizards sending Bradley Beal, Isaiah Todd and Jordan Goodwin to the Suns for Chris Paul and Landry Shamet. Washington is also getting second-round picks in 2024, 2025, 2026, 2027, 2028 and 2030. There are pick swaps in 2024, 2026, 2028 and 2030, per Woj.

Washington will then send Chris Paul to Golden State for Jordan Poole, Ryan Rollins, a protected first-round pick in 2030 and a 2027 second-round pick. ESPN's Zach Lowe reports the 2030 first-rounder is top-20 protected. The Warriors plan on keeping Chris Paul to make a title run in 2023-24.

The Wizards are embarking on a rebuild by first agreeing to trade Bradley Beal to the Suns and then sending Kristaps Porzingis to the Boston Celtics as part of a three-team trade. While the initial Beal trade didn't look all that great with the lack of a first-round pick acquired, Washington is at least flipping Paul into something that could be valuable. Even after a rough playoffs, Poole is a young player with upside who was key in a championship run in 2022. The Wizards also got that first-round pick in the Paul trade, though it's well down the road and protected. The future pick swaps could also pay off depending on what happens with Phoenix:

The Suns, of course, are all in. They've traded gobs of draft capital in the last few months in order to acquire Beal and Kevin Durant. They will now look to fill out the rest of the roster around their superstar trio. It remains to be see what happens with Deandre Ayton, but Phoenix doesn't seem to be too concerned about the new CBA rules and the more punitive luxury tax getting put into place.

With the 2023 NBA Draft now just hours away, it has already been an exciting day. There will surely be more fireworks to come.