While most of The Bird Writes staff was sleeping, the New Orleans Pelicans traded franchise stalwart Jrue Holiday to the Milwaukee Bucks. Shams Charania of The Athletic was the first to report the deal, which sends Eric Bledsoe, George Hill, and a boatload of future first round picks and pick swaps to New Orleans.
For New Orleans, the writing was on the wall from the moment Jrue Holiday trade rumors began to swirl. The Pelicans front office went from declaring Holiday to be a potential MVP-candidate in waiting and the undisputed cornerstone of the team to candidly discussing they are listening to trade offers. Whether Eric Bledsoe or George Hill ever actually suit up in a Pels uniform is yet to be determined.
Bledsoe, coming off a selection to the All-NBA Defensive Second Team this year, has three years remaining on his contract. However, the last year is only partially guaranteed. Bledsoe is the roughly the same age as Holiday and can bring comparable production. George Hill has two years remaining on his contact, and like Bledsoe, the last year is only partially guaranteed.
Besides the three future first-round picks going to New Orleans, there are also pick swaps included in the deal, per sources. All in all, this is shaping up to be a draft compensation package similar to New Orleans' deal for Anthony Davis with Lakers. https://t.co/HbnLxzUI96— Adrian Wojnarowski (@wojespn) November 17, 2020
One of the first round picks head to New Orleans is reportedly the #24 pick in this year’s draft, which Milwaukee obtained from the Indiana Pacers in a sign-and-trade deal for Malcolm Brogdon last offseason. The other two future first round picks from Milwaukee will be far into the future; the Bucks already owe their 2022 first round pick to the Cleveland Cavaliers so they cannot send either their 2021 or 2023 first round picks. Giannis Antetokounmpo can sign a supermax contract extension up until the day before the NBA regular season starts.
We’ll have more as the details are reported.
UPDATE: The pick details have been revealed. In addition to the Pelicans sending two of their second round picks (#42 and #60) to the Bucks (or perhaps just #60), here is what New Orleans is receiving regarding the draft compensation:
Here is the pick breakdown on the Jrue Holiday trade:— Bobby Marks (@BobbyMarks42) November 17, 2020
New Orleans receives
2020 1st (via IND)
2024 right to swap
2025 1st unprotected
2026 right to swap
2027 1st unprotected
WHOA NELLY that is a lot of future draft capital. Pelicans are clearly loading up to be the destination for the next superstar that wants out, right around the time Zion Williamson should be hitting his prime.
For now, it appears the Pelicans looked to do right by Jrue Holiday in sending him to a title contender while maintaining as much future flexibility as possible for the future.