The Washington Wizards took a bold step toward becoming a contender in the East on Tuesday, while the Minnesota Timberwolves hope they now have enough ammunition to move up to the second pick in Thursday's NBA draft -- their target, Spanish teenage star Ricky Rubio.

The Wizards, as expected, agreed to deal the No. 5 pick in the Draft, picking Minnesota's offer of guard Randy Foye and forward Mike Miller for the fifth pick and three veterans -- centers Etan Thomas and Oleskiy Pecherov, and forward/center Darius Songalia. The Wolves now hope to package their fifth and sixth pick in a deal with Memphis for the second overall pick, which they would use to take Rubio, the 19-year-old guard who played last season with DKV Joventut and starred on the Spanish Olympic team that won the silver medal in an epic battle with the United States last summer.

The Washington-Minnesota deal was not officially done Tuesday night, though it was expected to be completed by Wednesday. The teams were leaning in the direction of making the deal, according to a league source.

Also, a league source says that the Detroit Pistons are likely to waive forward Fabricio Oberto, acquired Tuesday from Milwaukee for center Amir Johnson. Oberto had initially been traded Tuesday, along with Bruce Bowen and Kurt Thomas, to the Bucks for forward Richard Jefferson. Oberto and Bowen, who is likely to be waived, are likely headed back to San Antonio after the 30-day window for re-signing traded and then waived players expires.

By waiving Oberto, the Pistons would save another $1.9 million (Oberto's $3.8 million deal for next season is only partially guaranteed) under the cap, giving them even more flexibilty to be a major player this summer in free agency. Detroit only has $35.4 million committed for next season and can go after two major free agents; the Pistons have been linked to Bulls free agent guard Ben Gordon and Orlando free agent forward Hedo Turkoglu.