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WNBA Trade Grades: Aces acquire NaLyssa Smith from Wings for first-round pick

The first in-season blockbuster of the WNBA season is upon us. Out of pretty much nowhere, the Las Vegas Aces acquired NaLyssa Smith from the Dallas Wings for a 2027 first-round pick, per releases from both teams.

On paper, it's not hard to see the vision for either team here. Vegas is currently 8-8, a disappointing start considering how dominant they've been in years past. So adding Smith, who is having a down year in Dallas but did have some great moments in Indiana.

Dallas, meanwhile, has fully embraced building for the future.

Trade grades for Aces, Wings after surprising NaLyssa Smith deal

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I get what Las Vegas is doing here, and I'm happy to see Smith head to a team where she's likely to fit better than she did in her short stint in Dallas. But still... that's a hefty return, with no disrespect at all to Smith, who has shown she can be a very good player in the W.

With that being said; Vegas is now without first-round picks in the next _two_ drafts. They sacrificed their 2026 first-rounder in the Kelsey Plum / Jewell Lloyd deal, and now give up their 2027 first-rounder for Smith. They also didn't have a first-rounder in this year's draft because they had to forfeit it to the league. Three straight years without a first-round pick is a tough pill to swallow. This trade is essentially the team showing that is believes this roster can compete for a title _now._ I just... don't think it necessarily can, and I don't know if Smith changes that.

So while I do see the motive in the move, I think it's a little irresponsible to be throwing around first-round picks like this when the team has underperformed pretty significantly this year. This pick could be _valuable_.

For Dallas — I love it! Smith didn't provide what the Wings were hoping, so they added an asset. A savvy move that might not feel like much now, but could look great in the future when Dallas is ready to win.

Las Vegas Aces trade grade: C-

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Dallas Wings trade grade: A-

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