Trade between Hornets, Heat and Grizzlies is official

Charlotte Hornets General Manager Rich Cho announced today that the team has acquired guard Courtney Lee and cash considerations from the Memphis Grizzlies in a three-team trade. As a part of the trade, Charlotte will send forward P.J. Hairston and two second-round draft picks (Charlotte’s 2018 second-round pick and Brooklyn’s 2019 second-round pick) to Memphis and guard Brian Roberts to the Miami Heat. As part of the trade, Memphis will also receive forward/center Chris Andersen and two second-round draft picks from Miami.