From New Orleans: A multiplayer trade has occurred between the Pelicans and Grizzlies. Jordan Hawkins, a former first-round draft pick, and Micah Peavy are heading to the Memphis Grizzlies. In exchange, the Pelicans will receive AJ Johnson and Taj Gibson.

The trade was confirmed by a person familiar with the matter, who spoke on condition of anonymity. This person indicated that the trade had not been officially announced, which is why they chose to remain anonymous.

Further details about the trade are available from the source, including comments from those involved, though none have been released yet.