Hornets Acquire Three 2nd Round Picks To Facilitate Knicks-Wolves Trade

The Charlotte Hornets have agreed to acquire three second round picks along with DaQuan Jeffries, Charlie Brown and Duane Washington Jr. to help facilitate the New York Knicks and Minnesota Timberwolves’ trade of Karl-Anthony Towns for Julius Randle, Donte DiVincenzo and a first round pick via the Detroit Pistons. The Knicks will send two second rounders, while the Wolves will send one.

The Hornets will receive $7.2 million in cash to offset the salaries of the three players, who will earn a combined $6.8 million in 24-25 in their sign-and-trades. The second and third seasons of their contracts are non-guaranteed.

The Hornets have also agreed to trade the draft rights of James Nnanji to the Knicks. Nnaji was the 31st overall pick in the 2023 NBA draft and averaged 2.5 points and 2.0 rebounds in 7.2 minutes over 49 games last season for Barcelona. Nnaji was going to play for the Hornets in Summer League this year, but he underwent surgery to on his lumbar spine.