The Pelicans have officially announced a pair of previously–reported trades, having combined their acquisitions of center Jonas Valanciunas and point guard Devonte’ Graham into a single transaction involving both the Grizzlies and Hornets, who have both put out press releases as well.

The details of the three-team deal are as follows:

To Pelicans:

  • Valanciunas (from Grizzlies)
  • Graham (sign-and-trade; from Hornets)
  • The draft rights to Trey Murphy (No. 17 pick; from Grizzlies)
  • The draft rights to Brandon Boston (No. 51 pick; from Grizzlies)
    • Note: Boston will be rerouted to the Clippers in a subsequent trade.