Field Level Media
The New Orleans Pelicans are set to complete a deal with the Charlotte Hornets to acquire restricted free agent point guard Devonte' Graham in exchange for a first-round pick, ESPN and The Athletic reported Monday night.
According to ESPN, Graham will receive a four-year, $47 million contract in the sign-and-trade swap that will net the Hornets a lottery-protected first-round draft choice in 2022.
The move comes on the same day that free agent point guard Lonzo Ball agreed to sign with the Chicago Bulls, creating a vacancy for Graham to fill.
Graham was selected by the Atlanta Hawks in the second round of the 2018 draft but was immediately dealt to the Hornets.