Micah Peavy Traded to Memphis Grizzlies in Roster Shakeup

Micah Peavy has been traded to the Memphis Grizzlies as part of a multi-player deal. The Pelicans sent Peavy and Jordan Hawkins, along with future draft compensation, to Memphis in exchange for AJ Johnson and Taj Gibson. This move is part of a broader roster restructuring for the Pelicans as they look to adjust their cap situation and team composition. Peavy joins the Grizzlies as the Pelicans prioritize financial flexibility and new veteran talent.