Report: Pelicans acquire Jonas Valanciunas, ship off Steven Adams and Eric Bledsoe in trade with Grizzlies
Most observers felt the Pelicans made a mistake last offseason in acquiring center Steven Adams and guard Eric Bledsoe.
After a losing season, New Orleans appears to have made a severe course correction regarding their roster.
The Pelicans will receive 7-foot center Jonas Valanciunas and two 2021 draft picks (Nos. 17 and 51 overall) from the Memphis Grizzlies for Adams, Bledsoe, picks Nos. 10 and 40 overall in 2021 and a protected 2022 first-round pick via the Lakers:
BREAKING: Memphis is finalizing a trade to send Jonas Valanciunas and 2021 Nos. 17 and 51 picks to New Orleans for Steven Adams, Eric Bledsoe, 2021 picks Nos. 10 and 40 and a protected 2022 first-round pick via the Lakers, sources tell ESPN.
— Adrian Wojnarowski (@wojespn) July 26, 2021
Sources tell ESPN the the 2022 Lakers’ pick will be top-10 protected. https://t.co/0VQfmrzu1M
— Andrew Lopez (@_Andrew_Lopez) July 26, 2021
The 2022 first-round Lakers pick the Pelicans are sending to the Grizzlies is top-10 protected and will turn into two second-round picks if not conveyed, @hoopshype has learned.
— Michael Scotto (@MikeAScotto) July 26, 2021
The trade nets New Orleans additional salary cap flexibility. New Orleans nets over $21 million in cap space or in the form of a valuable Traded Player Exception (TPE) which can be used on a future deal.
Valanciunas, a 29-year old native of Lithuania, is a nine-year NBA veteran who averaged over 17 points and 12.5 rebounds per game last season.
While Adams likely will replace Valanciunas in Memphis, Bledsoe reportedly will not stay with the Grizzlies very long.
- < PREV Southeastern extends women's basketball coach Guzzardo’s contract through 2023-24
- NEXT > LA Tech Athletics unveils Thrive Program to support student-athlete NIL