The Kings have decided not to match New Orleans’ offer to Tyreke Evans of 4-years / $44 million and instead of losing out on the 2009-10 Rookie of the Year with nothing in return, Sacramento has sign-and-traded Evans to New Orleans for point guard Greivis Vasquez as part of a three team deal. Center Robin Lopez will go to Portland. The deal will be official on July 10.
According to the Adrian Wojnarowski of Yahoo! Sports:
The New Orleans Pelicans have reached agreement on a three-way deal with Sacramento and Portland to acquire guard Tyreke Evans, league sources told Yahoo! Sports.
As part of a sign-and-trade arrangement, Evans will come to the Pelicans on a four-year, $44 million contract. New Orleans will send guard Greivis Vasquez to the Kings and center Robin Lopez to the Trail Blazers, sources said.
Portland will send future draft considerations and cash in the deal, league sources told Yahoo! Sports.