Mavericks Acquire Sergio De Larrea in Draft-Night Trade
Sergio De Larrea Dallas Mavericks trade
The Dallas Mavericks successfully acquired the draft rights to 20-year-old Spanish guard Sergio De Larrea following a complex series of draft-night maneuvers on Tuesday, June 23, 2026. The trade process began when the New York Knicks, who initially held the 24th overall pick, traded down with the Los Angeles Lakers to the 25th spot.
The Knicks subsequently used the 25th pick to select De Larrea before finalizing a deal with Dallas. The Mavericks secured De Larrea by sending the 30th overall pick, Koa Peat, and two second-round draft selections to New York, while the Knicks then traded Peat to the Phoenix Suns in exchange for three additional second-round picks and cash considerations.
De Larrea, a 6-foot-5 combo guard from Valladolid, Spain, has been a standout performer for Valencia in the Liga ACB. During the 2025-26 season, he averaged 9.7 points, 3.7 assists, and 3.0 rebounds per game, earning recognition as the league’s Best Young Player. Known for his basketball IQ, efficient catch-and-shoot ability, and pick-and-roll navigation, De Larrea is widely considered one of the most promising international prospects in this draft class. His development at Valencia, which included appearances in the EuroLeague, has prepared him for the transition to professional basketball in North America.
While his acquisition marks a significant move for the Mavericks, the team is currently evaluating whether De Larrea will join the roster for the upcoming 2026-27 campaign or remain in Spain for further development as a “draft-and-stash” prospect. The move allows the Mavericks to bolster their backcourt depth with a high-upside creator, while the Knicks utilized the trade as part of a broader strategy to accumulate future draft assets and manage their salary cap commitments for the coming season. As the dust settles on the draft, all eyes turn to Dallas to see how the young Spaniard will integrate into the Mavericks’ rotation.
