Sources: Four teams agree on trade
Four NBA teams have agreed to a five-player trade that will send Trevor
Ariza to the New Orleans Hornets and Darren Collison to the Indiana
Pacers, two league sources said.
In the proposed deal, the Houston Rockets will send Ariza to the
Hornets, who in turn will send Collison and James Posey to the Pacers.
The Pacers will send Troy Murphy to the New Jersey Nets. And the Nets will send Courtney Lee to the Rockets.
According to the sources the Rockets, Hornets, Pacers and Nets have agreed to the details of the trade and are awaiting a trade call with the league this afternoon to make it official.
The deal could fill some long-term needs for the Hornets, Pacers and Nets, as well as provide needed salary relief for the Rockets.
For the Hornets, while moving Collison leaves the team without a credible backup for Chris Paul, the addition of Ariza gives them a young, athletic wing entering his prime.
The Hornets are hoping that the addition of Ariza addresses Paul’s concerns about the team’s commitment to winning by showing that they’re willing to spend money to get better. Ariza signed a six year, $35 million dollar deal with the Rockets last summer.
For the Pacers, landing Collison gives them the young starting point guard they’ve been looking for and adds another piece to a young core of players including Danny Granger, Roy Hibbert and promising rookies Paul George and Lance Stephenson.
The Pacers did take on the last two years and $13 million of Posey’s contract, but the deal also sliced another $4 million off the team’s overall payroll.