The Boston Celtics have traded Gordon Hayward and second-round draft picks in 2023 and 2024 to the Charlotte Hornets in exchange for a conditional 2022 second-round draft pick.
The sign-and-trade agreement creates a $27.9 million trade exception for the Celtics, the largest in NBA history.
Hayward, 30, declined his $34.2 million player option with Boston earlier this month, ending a tumultuous three-year run with the team, then agreed to a four-year, $120 million deal with the Hornets.
"We are thrilled to welcome Gordon and his family to the Hornets organization and Charlotte," general manager Mitch Kupchak said in a statement.