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Pelicans Trade John Salmons for Norris Cole; Waive Toney Douglas

New Orleans was involved in a deadline deal!

Steve Mitchell-USA TODAY Sports

According to Marc Stein:

About half an hour prior to this, John Gambadaro tweeted:

Stay tuned to see how exactly this deal pans out, but it sounds like Cole, who has a team option for next season, will be a Pelican for the remainder of this season.

Due to the deal, there is news Toney Douglas will no longer be a part of the team.

Update #1:

Update #2:

Now it appears John Salmons was initially traded to the Phoenix Suns.

Will Salmons now join the Pelican's coaching staff?

Update #3

Update #4