Thursday, July 4, 2013

Report: Tyreke Evans headed to Pelicans in three-team deal

Restricted free agent Tyreke Evans was reportedly ready to sign a four-year, $44 million offer sheet with the New Orleans Pelicans with the hopes that his current team, the Sacramento Kings, wouldn't match. Rather than lose Evans and get nothing in return or match a contract they didn't want to pay, the Kings have worked out a three-team sign-and-trade with the Pelicans and Trail Blazers, according to ESPN's Marc Stein.

In the deal, Evans - former Rookie of the Year - heads to the Pelicans, Greivis Vasquez goes to the Kings and Robin Lopez becomes a Blazer. Sacramento also gets two second round picks from Portland while the Blazers will receive Terrel Harris from the Pelicans.

Moving Lopez frees up the necessary salary cap space for New Orleans to add Evans and Jrue Holiday, whom the team traded for on draft night. Evans and Holiday join Eric Gordon and Austin Rivers in the backcourt for the Pelicans.

The deal can't be officially completed until July 10, when the new league year begins, but terms have been agreed upon.

(Image courtesy USA Today)

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