Spurs trade Josh Richardson to Pelicans

The Spurs and Pelicans are in agreement on a trade that will send veteran swingman Josh Richardson to New Orleans, according to Shams Charania of The Athletic. Sources tell Charania that San Antonio will receive guard Devonte’ Graham and four second-round picks in the deal.

The four picks are the Pelicans’ second-rounders in 2024, 2026, 2028 and 2029, Jeff McDonald of the San Antonio Express News tweets.

Richardson has bounced around the league in recent years but he provides another offensive option for a Pelicans club that has won three straight after a lengthy losing streak dropped them under the .500 mark.

Richardson has appeared in 41 games, including five starts, for San Antonio this season. Richardson, 29, averaged 11.5 points and 3.3 assists in those contests.

Richardson played for the Celtics and San Antonio last season and has also worn the uniforms of the Heat, Sixers and Mavericks during his career. He’s a career 36.4 percent 3-point shooter who has averaged 12 points in 479 NBA games.

Richardson will be an unrestricted free agent after making $12.2M this season.

Graham is making $11.55M this season and is signed through the 2024-25 season, though the final year is only partially guaranteed. Graham has been a regular member of New Orleans’ rotation, averaging 5.3 points and 2.2 assists in 15.3 minutes.

New Orleans had to surrender draft capital to unload its salary commitment to Graham. San Antonio now has 23 draft picks in the next six drafts, according to McDonald’s count.