The New Orleans Pelicans added restricted free agent point guard Devonte’ Graham on Saturday in a three-team deal with the Charlotte Hornets and Memphis Grizzlies.
The Hornets receive small forward Wes Iwundu, a protected first-round pick in 2022 and cash from New Orleans, along with the draft rights to Tyler Harvey (51st overall, 2015) from Memphis.
According to ESPN, Graham will receive a four-year, $47 million contract in the sign-and-trade swap.
The Pelicans also get center Jonas Valanciunas and the draft rights to forward Trey Murphy (17th overall, 2021) and swingman Brandon Boston (51st overall, 2021) from Memphis.
The Grizzlies get center Steven Adams, guard Eric Bledsoe, the draft rights to forward Ziaire Williams (10th overall, 2021) and guard Jared Butler (40th overall, 2021) and a protected 2022 first-round pick (via the Los Angeles Lakers) from the Pelicans.
Graham was selected by the Atlanta Hawks in the second round of the 2018 draft but was immediately dealt to the Hornets.
Over three seasons in Charlotte, Graham averaged 13.3 points, 5.4 assists and 2.6 rebounds in 164 games, including 100 starts. Last season, he put up 14.8 points, 5.4 assists and 2.7 rebounds per contest, all down from the 2019-20 season.
Iwundu has averaged 4.3 points and 2.4 rebounds in 223 career games (50 starts) with the Orlando Magic (2017-20), Dallas Mavericks (2020-21) and Pelicans (2020-21).
Adams averaged 7.6 points and 8.9 rebounds in his first season with the Pelicans last year after seven seasons with the Oklahoma City Thunder.
Bledsoe, who was also in his first season with New Orleans, averaged 12.2 points and 3.8 assists.
Valanciunas averaged 17.1 points and 12.5 rebounds for the Grizzlies last season.
Related: NBA Power Rankings – Warriors and Celtics remain at the top after first wave of free agency
–Field Level Media