Spurs Trade Josh Richardson To Pelicans

9:47pm: The trade sending Richardson to New Orleans and Graham to San Antonio is now official, the Pelicans announced in a press release.

According to Andrew Lopez of ESPN (Twitter link), the 2024 second-rounder going to the Spurs will be either the Bulls’ or Pelicans’ pick (whichever is more favorable), while the 2026 second-rounder will be either the Pelicans’ or Trail Blazers’ pick (whichever is less favorable).

The 2028 and 2029 second-round picks headed to San Antonio are New Orleans’ own.

1:30pm: The Spurs and Pelicans are in agreement on a trade that will send veteran swingman Josh Richardson to New Orleans, according to Shams Charania of The Athletic (Twitter links). Sources tell Charania that San Antonio will receive guard Devonte’ Graham and four second-round picks in the deal.

The four picks are the Pelicans’ second-rounders in 2024, 2026, 2028 and 2029, Jeff McDonald of the San Antonio Express-News tweets.

Richardson has bounced around the league in recent years but he provides another versatile two-way option for a Pelicans club that has won three straight after a lengthy losing streak dropped them under the .500 mark.

Richardson has appeared in 41 games, including five starts, for San Antonio this season. He averaged 11.4 points and 3.3 assists in those contests.

The 29-year-old played for the Celtics and San Antonio last season and has also worn the uniforms of the Heat, Sixers and Mavericks during his career. He’s a career 36.5 percent 3-point shooter who has averaged 12 points in 479 NBA games.

Richardson will be an unrestricted free agent after making $12.2MM this season.

Graham is making $11.55MM this season and is signed through the 2024/25 season, though the final year is only partially guaranteed. Graham has been a regular member of New Orleans’ rotation, averaging 5.3 points and 2.2 assists in 15.3 minutes in 53 games.

New Orleans had to surrender draft capital to unload its salary commitment to Graham. San Antonio now has 23 draft picks in the next five drafts, according to McDonald’s count (Twitter link).

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