New Orleans Pelicans complete four-team Jrue Holiday, Steven Adams trade

The New Orleans Pelicans completed the four-team trade on Sunday that will see Jrue Holiday depart and Steven Adams and Eric Bledsoe arrive.

The New Orleans Pelicans completed the trade of Jrue Holiday on Sunday afternoon. Once a swap between just the Milwaukee Bucks and Pelicans, the deal morphed into a four-team trade to include both Steven Adams from Oklahoma City and the draft-day trade of the No. 24 pick between the Nuggets and New Orleans.

Per Shams Charania of The Athletic, here’s the breakdown of the trade

  • Milwaukee gets: Jrue Holiday, No. 60 pick Sam Merrill
  • New Orleans gets: Steven Adams, Eric Bledsoe, 2025 and 2027 Milwaukee first round picks, 2024 and 2026 pick swap rights with Milwaukee
  • Oklahoma City gets: George Hill, Josh Gray, Kenrich Williams, Zylan Cheatham, Darius Miller, 2023 protected first round pick from Denver, two second round picks
  • Denver gets: RJ Hampton

The deal will see the Pelicans part with more players than initially reported in Gray, Cheatham and Williams. The former two of those players were the two-way players for New Orleans last season, though both saw very limited playing time. Williams, meanwhile, did see playing time during the season, though that came largely at the beginning of the year.

Each of Gray, Cheatham and Williams will have three-year contracts with the Thunder, per Bobby Marks of ESPN.