Restricted free-agent point guard Devonte' Graham is signing a four-year, $47-million contract with the New Orleans Pelicans via a sign-and-trade deal with the Charlotte Hornets, according to ESPN's Adrian Wojnarowski.
The deal will see the Hornets receive a lottery-protected first-round pick in 2022 from the Pelicans as part of the deal.
Graham, 26, averaged 14.8, 2.7 rebounds and 5.4 assists on 37.7 per cent shooting in 55 games with the Hornets last season.
He was originally a second-round pick in the 2018 draft.