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Wizards trade Spanish guard Navarro to Grizzlies for future 1st-round pick

WASHINGTON -- The Washington Wizards traded the rights to
Spanish guard Juan Carlos Navarro to the Memphis Grizzlies on
Thursday for a future first-round draft pick.

The Wizards drafted Navarro in the second round, 40th overall,
in 2002. He never joined the team, though, instead playing for FC
Barcelona in the Spanish league.

"We're pleased to acquire a first-round pick, which gives us an
additional asset," Wizards president Ernie Grunfeld said. "Our
backcourt ... is deep and versatile. By trading the rights to Juan
Carlos Navarro ... we have greater flexibility to build our team."

Last month, FC Barcelona and the 27-year-old Navarro agreed to a
buyout that allowed him to head to the NBA.

He averaged 12.6 points over nine seasons in Spain, leading FC
Barcelona to four league championships and one European trophy. He
also was a member of Spain's world championship team last year.

In Memphis, Navarro will be paired with Spanish star Pau Gasol.