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Hornets, Nets, Pacers Rockets 4 Team Trade; Trevor Ariza, Courtney Lee involved
Topic Started: Aug 12 2010, 12:16 AM (569 Views)
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http://sports.yahoo.com/nba/news;_ylt=At0V...rizatrade081110

Quote:
 
The New Orleans Hornets acquired Trevor Ariza(notes)  Wednesday in a four-team, five-player trade that also sends point guard Darren Collison(notes)  to the Indiana Pacers, league sources told Yahoo! Sports.

The deal also sends Pacers forward Troy Murphy(notes) to the New Jersey Nets and Nets guard Courtney Lee(notes) to the Houston Rockets. In addition to landing Collison – the young point guard they’ve been searching for all offseason – the Pacers also have to take on forward James Posey(notes), who has two years and $13.5 million remaining on his contract.

The Rockets signed Ariza to a five-year, $35 million contract a year ago, but have since acquired guard Kevin Martin(notes). Trading him should keep them from paying a substantial luxury-tax bill this season. They also received a $6 million trade exception in the deal.

After failing to include point guard T.J. Ford in the trade, the Pacers are discussing a buyout with Ford’s agent on the $8.5 million still owed him in the final year of his contract, sources said. The Pacers also are continuing to explore trade opportunities with Ford.

ESPN.com first reported the proposed trade.
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