Pelicans Trade for Cap Space | Memphis Grizzlies News

The Pelicans just pulled off a savvy trade with Memphis, sending Jordan Hawkins, Micah Peavy, and future picks for AJ Johnson and Taj Gibson — saving nearly $6 million in cap space to potentially pursue Bennedict Mathurin. Gibson will be waived before the season, while Hawkins and Peavy get a fresh start in Memphis. AJ Johnson, a young first-round guard, heads to New Orleans to prove himself. With free agency winding down, teams are still fine-tuning rosters for the 2026-27 season. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a798876dccd0c8d3