Devonte’ Graham is headed to New Orleans.
The Pelicans are acquiring Graham in a sign-and-trade with the Charlotte Hornets, sources confirmed to SI.com’s All Hornets. Graham is signing a four-year, $47 million deal. In exchange for Graham, the Hornets will receive a lottery-protected 2022 first-round pick from New Orleans.
Graham was a restricted free agent after the Hornets extended a $4.7 million qualifying offer to him prior to Sunday's deadline, something they didn't do with Malik Monk.
Originally selected in the second round in 2018, Graham carved out a role with the Hornets and quickly burst onto the scene in his second season, posting 18.