Mon Jul 09, 2012 11:23 am
Sources with knowledge of the talks told ESPN.com on Sunday that the Hornets and Orlando Magic reached agreement on a sign-and-trade deal that will send Magic forward Ryan Anderson to New Orleans to play alongside prized rookie Anthony Davis.
The Magic will receive young Hornets center Gustavo Ayon in the deal.
The Hornets were in talks to sign Anderson, a restricted free agent, to an offer sheet, but sources say that trade talks with the Magic have progressed quickly once Orlando officials decided they would not want to match an offer to Anderson.
NBA.com is reporting that Anderson will sign a four-year deal worth between $34-36 million.
Mon Jul 09, 2012 12:05 pm