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AP source: Grizzlies acquire Matt Barnes from Hornets (The Associated Press)

A person familiar with the situation says the Memphis Grizzlies have acquired forward Matt Barnes from the Charlotte Hornets for guard Luke Ridnour.

The person spoke to The Associated Press on condition of anonymity Thursday because the trade hasn't been announced. The deal was first reported by Yahoo Sports.

The 35-year-old Barnes averaged 10.1 points and 4 rebounds for the Los Angeles Clippers this season. The Hornets acquired the 6-foot-7 forward along with center Spencer Hawes last week for guard Lance Stephenson.

Ridnour is 34 and averaged 4 points and 2 assists for the Orlando Magic this season.