After months and months of smoke, there was indeed a raging fire burning in New Orleans.
As soon as free agency began, reports immediately revealed that Lonzo Ball is on move, with the Pelicans and Bulls agreeing to a sign-and-trade.
New Orleans Pelicans guard Lonzo Ball is landing on a four-year, $85 million contract with Chicago Bulls in a sign-and-trade agreement, his agent and @KlutchSports CEO Rich Paul tells ESPN.— Adrian Wojnarowski (@wojespn) August 2, 2021
In return — for now — are Tomas Satoransky, Garrett Temple and a future second-round draft pick.
Undoubtedly, we should expect further moves. The Pelicans have space on the books to allocate expensive contracts and this is far from the type of return echoing appropriate value for Ball. It doesn’t justify moving on from him when the backcourt is currently comprised of Nickeil Alexander-Walker, Kira Lewis Jr., Satoransky and Temple on paper — there’s not a legitimate full-time starter worthy of being on a playoff-eager starting lineup containing Brandon Ingram and Zion Williamson.
Earlier in the day, there were multiple reports of the Pelicans exploring 3-way deals with the Bulls and Charlotte Hornets. Devonte’ Graham was most often referenced in the rumors, so he could be another piece heading to New Orleans soon. Personally, I’m expecting several more moves as the Pelicans were connected to a number of different players, with plenty of room remaining on the 15-man roster.
What we know, where the Pelicans are at now.— David Fisher (@Fish_TBW) August 2, 2021
Pelicans PROBABLY aren't operating as a cap space team thanks to the Chicago S&T. So, they could potentially work a rather large S&T into the Memphis deal since it is so lopsided.
Don't focus on the cap space number here. pic.twitter.com/UE6Lcwc5qf
Stay tuned for further breaking news!