The Pelicans traded Micah Peavy, Jordan Hawkins, a future second-round pick and a second-round pick swap to the Grizzlies for AJ Johnson and Taj Gibson.

The 40th overall pick in the 2025 draft, Peavy averaged 15.0 minutes per game across 61 appearances for the Pelicans as a rookie. He averaged 4.3 points per game in those appearances, shooting 38.5 percent from the field. With the Grizzlies rebuilding, there may be opportunities for Peavy to contribute, but he’s unlikely to be a consistent actor in fantasy basketball next season.