The Charlotte Hornets traded Miles Bridges, a 2029 first-round draft pick, and a 2027 second-rounder to the Phoenix Suns for Grayson Allen, Royce O’Neale, and a 2033 first-round pick, sources told ESPN’s Shams Charania.
The 2027 second-round pick is the least favorable draft selection of the Orlando Magic or Boston Celtics, per Bobby Marks of ESPN.
Phoenix saves approximately $20 million in taxes and opens up an additional roster spot with the move, adds Charania.