The Magic have agreed to send Tyus Jones to the Hornets for cash considerations, sources tell ESPN’s Shams Charania (Twitter link).
Charlotte will get a pair of second-round picks in exchange for taking on Jones’ $7MM contract, Charania adds. They will be the least favorable between Boston and Orlando in 2027 along with the Magic’s selection in 2028, according to Bobby Marks of ESPN (Twitter link). The Hornets now own 11 first-rounders and 14 second-rounders over the next seven years.
The move allows Orlando to dip roughly $5MM below the luxury tax line. The Magic will be down to 13 players with standard contracts once the deal is finalized and will have two weeks to get back to the league minimum of 14.
The Hornets currently have a full roster, so another move will have to be made before this trade can be completed. Mike Conley, who’s being acquired from Chicago in a separate deal, is viewed as a buyout candidate, so Charlotte could open a roster spot by finalizing that trade first and waiving Conley.
The Hornets can absorb Jones’ salary with the remainder of their mid-level exception or with a trade exception they created in the deal with the Bulls, notes Yossi Gozlan of The Third Apron (Twitter link). Gozlan suggests that Jones could also be bought out, which would make him eligible to sign with any team other than Orlando.
Jones, 29, signed a one-year deal with the Magic in July. He was expected to provide depth at point guard, but his inconsistent shooting (34.2% from the field and 29.4% from three-point range) has limited his playing time. Through 48 games, Jones is averaging 3.0 points and 2.4 assists in 15.7 minutes per night.

salary dump salary dump salary dump !!!
So the Hornets added Coby White, Mike Conley and now Tyus Jones..? Are there any more guards for them to acquire?
Conley getting waived and probably going back to Minn because he was traded twice.
Now thats a loophole
You should be more concerned about the Bulls…
Looks like Hornets trying to make playoffs ……
Look out for….. a major weather impact happening.
Tightening up their guard rotation.
Just can’t have enough guards, I always say.
Need all those fouls trying to guard Wemby’s waistline.
Jones has been so bad. I don’t know much about him, but I just know statistically he is a depth piece to play like 6-9 minutes a night
You are correct. I don’t understand how every year a team is fighting to get him. He is basically a 6 to 9 min like you said, he’s a third string guard that can come in and give you some minutes. But if he’s playing every game you’re not winning