For the young, rebuilding Sixers this is about adding another future asset (the 2019 second-rounder). They also clear up a roster spot (by moving Moultrie then waiving Outlaw), helping them get down to the league-mandated roster size of 15. Philly does take on some salary here, however--Outlaw earns roughly $2 million more than Moultrie in the coming campaign.

The Knicks have already waived Moultrie, so for New York this is about saving money (since Moultrie's salary is about $2 million less than Outlaw's for the season). The move also aids the Knicks in getting down to a 15-man roster, and probably further opens up playing time for fast-improving combo forward Acy

Moultrie was unlikely to see significant minutes for the Sixers in the coming season so this deal has little impact fantasy-wise for Philadelphia. On the Knicks side, Outlaw might have seen some role player minutes so--as mentioned above--this probably frees up even more playing time for promising rotation player Acy at both forward spots. Acy's a sleeper for the upcoming season.