The 76ers acquired the top overall pick from Boston in exchange for their No. 3 selection and a future first-round pick, according to statements released by both teams.
The Los Angeles Lakers' 2018 first-round pick (which the Sixers now own the rights to) if it ends up being pick 2, 3, 4, or 5 overall.
Who are the likely players that Boston will use its No. 3 pick on?
The Celtics and 76ers had agreed on the parameters of a deal on Saturday night after Philadelphia held a workout with Fultz, who will become the fourth No 1 overall pick in franchise history by the 76ers at the draft to be held in Brooklyn. They also do not need a point guard, unlike the 76ers, who are very high on Fultz.
The first part of the trade is straightforward: The Celtics swapped the first pick in this year's draft for the third pick in this year's draft. "Once Boston got No. 1, immediately there was a discussion that talked about some of the interest we had in No. 1".
The 76ers have a chance to add a point guard to the roster of big men they've assembled through their years of returning to the draft lottery. "So we'll continue on that path until a brighter, quicker future that we like approaches". Or maybe they look to trade the pick for someone like Jimmy Butler or Paul George?
With the trade deadline approaching, the Sixers constantly sat Jahlil Okafor out of games, with head coach Brett Brown admitting that the reason was due to an impending trade for the former third overall pick. So, trading away such an asset, even if for a No. 3 pick, will be met with criticism from some fans. With this move, Colangelo again showed his savvy by protecting two of the Sixers most valuable assets, dangling one and ensuring that we keep the other.
Should Ainge be a bit nervous about his decision, especially if Boston isn't able to put together a blockbuster trade? But Al Jefferson and Avery Bradley were both solid picks late in the first round, and Jaylen Brown seems like a fine player. Luka Doncic, DeAndre Ayton, Michael Porter Jr. and Mohamed Bamba give next year's draft at least four potential superstars. But Ainge repeatedly stressed that the Celtics are excited about this move. If Fultz turns out to be the next Russell Westbrook or James Harden, Ainge will be the one responsible for creating a young, playoff rival in Philly.
A team like the Los Angeles Clippers could jump into the mix and convince George to sign a long-term deal.
After finishing with the No. 1 seed in the East this season before getting ousted in the conference finals by Cleveland in a one-sided series, the Celtics have considered packaging some of their future picks for an established star that could help them close the gap on the Cavaliers and Golden State - the teams that have met in the last three NBA Finals.