Trade & Free Agency 2026/2027

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Shams Charania: The New Orleans Pelicans are trading Jordan Hawkins, Micah Peavy, a future second-round pick, and a future second-round pick swap to the Memphis Grizzlies for AJ Johnson and Taj Gibson, sources tell ESPN. Trade Mechanics: Taj Gibson will have $200K of his contract guaranteed. That way, his and AJ Johnson's contracts match salary for Jordan Hawkins. MEM will bring Micah Peavy in via the $4.3M Ja Morant TPE. Marc Stein: Reported July 23 below that New Orleans was working to trade Jordan Hawkins to Memphis. Now that AJ Johnson’s contract can be aggregated, that trade finally happens today and will provide the Pels nearly $6 million in savings to proceed with the addition of Bennedict Mathurin.



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