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How Charlotte Hornets played role in blockbuster trade with New York, Minnesota

Jeff Peterson helped two teams pull off a blockbuster deal and the Charlotte Hornets got compensated for it.

Peterson, the Hornets’ president of basketball operations, agreed to acquire DaQuan Jeffries, a draft pick and cash considerations from the New York Knicks in a three-team trade sending Karl-Anthony Towns from Minnesota to New York in exchange for Julius Randle and Donte DiVincenzo, according to multiple reports Friday night.

Jeffries, a 6-foot-5, 230-pound shooting guard, has played parts of four seasons in the NBA. He appeared in 17 games for the Knicks last season, averaging 0.8 points in 2.