The New Orleans Pelicans have traded forward Quincy Pondexter and a second-round pick to the Chicago Bulls, according to multiple reports.
The Bulls will receive the Pelicans’ 2018 second-rounder with no protections.
This was a salary dump move by New Orleans, who are in need of money so they can sign a small forward to replace Solomon Hill.
Hill is expected to miss 6-8 months due to a significant hamstring injury.
New Orleans has the $3.29M bi-annual to chase Dante Cunningham or use full bird rights.
— Bobby Marks (@BobbyMarks42) August 31, 2017
Pondexter, a seven-year veteran, has not played the past two seasons because of knee injuries. He has one season remaining on his current contract worth $3.8 million.
Sources have told Amico Hoops that the Bulls will likely waive Pondexter once the deal is completed.