Thursday 02nd May 2024,
The Hoop Doctors

Sixers, Hornets and Grizzlies 3-Team trade

While this isn’t the “Dwight Howard was just traded to X for Y” trade that we’ve all been anticipating, this is still a significant move and impacts three up and coming teams who could all make a push for the playoffs.

The 76ers traded center Marreese Speights to the Memphis Grizzlies Wednesday in exchange for a pair of second-round draft choices.

The pick from the Grizzlies comes in the 2012 draft. The third team involved, the New Orleans Hornets, whom the Sixers play Wednesday night, will send a second-round pick in 2013.

The Sixers will also get a $2.72 million trade exception – the equivalent to Speights’ 2011-12 salary.

“We wish Marreese all the best as he stars a new chapter in his career with Memphis,” Sixers president of basketball operations Rod Thorn said. “This trade will give us additional assets moving forward, including a trade exception, which will help us as we look to continue to improve our team.”

Source: philly.com

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