TRADE 1:

Spurs Get: Zion Williamson, Javonte Green

Pelicans Get: Harrison Barnes, Zach Collins, 2025 Round 1 via CHA Lottery Protected, 2029 FRP

TRADE 2:

Raptors Get: CJ McCollum, Karlo Matkovic (waived) 2028 FRP

Pelicans Get: Bruce Brown, Davion Mitchell, 2025 SRP via POR

TRADE 3:

Grizzlies get: Brandon Xavier Ingram

Pelicans get: Marcus Smart, Luke Kennard, 2025 FRP

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Corresponding moves:

Waive Daniel Theis

Pelicans reasoning:

The Pelicans are committed to tearing their "big 3" (little 3) apart this deadline, and seemingly want picks and expiring contracts. Every contract they get here expires in the next two years, and Barnes and Smart are movable pieces. Pickwise, The two 2025 FRP are good value, with the Memphis one going to be high 20s, and the Hornets will probably fall under that protection, but the conveyed 2026 FRP should also be a Lottery pick. The 2029 Spurs FRP will likely be a late FRP, while I have a hard time imagining the 2030 FRP either via PHX or WAS will not be into a Lottery pick. In the CJ McCollum trade, they do have to part with a 2028 FRP to take on CJ's salary, but they recieve 2025 and 26 SRP via POR and the latter being from the Raptors themselves.

Pelicans Lineup:

Smart/Murray/Murphy/Jones/Missi

Bench:

Alvarado/Hawkins/Brown/Barnes/Collins

rest:

Kennard/Mitchell/Boston/JRE/Jemison III