Hoops Nightly
Trade Radar · moved · Tuesday, September 8 · 58 d ago

Pelicans, Grizzlies Agree To Four-Player Trade

moved · player changed teamReported by Shams CharaniaRead the original report ↗

The Pelicans have agreed to trade wings Jordan Hawkins and Micah Peavy to the Grizzlies along with a future second-round pick and a second-round swap, according to Shams Charania of ESPN (Twitter link). In return, New Orleans will receive guard AJ Johnson and big man Taj Gibson. It’s a cost-cutting move for the Pelicans, who […]

Confidence
90%
Reporter starting tier90editorial tier, not a measured record
Corroboration+0nobody else has reported this yet
Age−2558 days old · a rumor loses 1.2 points a day, up to 25
The score is recomputed every 30 minutes; a matching roster move marks it confirmed, an on-record denial marks it denied, 30 quiet days expire it. How every reporter scores →
Who it involves
14
AJ Johnson
Pelicans · G · 3.3 pts · 1.1 reb · 1.0 ast
Cap hit 2026-27: $3.24M · next season $5.49M
15
Jordan Hawkins
Bulls · G · 5.1 pts · 1.7 reb · 0.8 ast
Cap hit 2026-27: $7.02M · expiring
Taj Gibson
Taj Gibson
free agent · F · 3.4 pts · 2.7 reb · 0.6 ast
Cap hit 2026-27: $0.15M · expiring
16
Micah Peavy
Thunder · G-F · 4.3 pts · 1.9 reb · 1.0 ast
Cap hit 2026-27: $2.15M · expiring
Memphis Grizzlies
$161.1M · under the cap · 22 contracts · cap sheet
New Orleans Pelicans
$196.6M · over the cap · 16 contracts · cap sheet

What would have to happen

Build it in the Trade Machine →
AJ Johnson → Grizzlies
Fits into cap room
The Grizzlies are under the cap and can absorb $3.24M without matching salary.
Jordan Hawkins → Grizzlies
Send out at least $3.39M
The Grizzlies are under the cap, so to take on $7.02M they need to send out $3.39M or more under the 200% + $250k rule.
Jordan Hawkins → Pelicans
Send out at least $3.39M
The Pelicans are over the cap, so to take on $7.02M they need to send out $3.39M or more under the 200% + $250k rule.
Taj Gibson → Grizzlies
Fits into cap room
The Grizzlies are under the cap and can absorb $0.15M without matching salary.
Taj Gibson → Pelicans
Send out at least $0.00M
The Pelicans are over the cap, so to take on $0.15M they need to send out $0.00M or more under the 200% + $250k rule.
Micah Peavy → Grizzlies
Fits into cap room
The Grizzlies are under the cap and can absorb $2.15M without matching salary.
Micah Peavy → Pelicans
Send out at least $0.95M
The Pelicans are over the cap, so to take on $2.15M they need to send out $0.95M or more under the 200% + $250k rule.

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Hoops Nightly collects reports from public sources and attributes them to the reporter and outlet; the confidence score, the salary math and the outcome tracking are ours. We never invent a rumor. Corrections: corrections policy.