The New Orleans Pelicans are trading CJ McCollum, Kelly Olynyk and a future second-round pick to the Washington Wizards for Jordan Poole, Saddiq Bey and the No. 40 pick in Wednesday's NBA draft, sources tell ESPN's Shams Charania.
The Wizards shift from Poole to the veteran McCollum, who has an expiring contract. Washington now is expected to approach $100 million in projected cap space in 2026. The Pelicans get younger with the additions of Poole and Bey.
New Orleans holds the No. 7 and No. 23 picks in the draft. Washington also holds a pair of first-round picks -- No. 6 and No. 18 -- and is adding the 40th overall selection as a result of the trade.
McCollum averaged 21.1 points, 3.8 rebounds and 4.1 assists per game in 56 appearances for the Pelicans last season.
Olynyk averaged 10.7 points and 5.9 rebounds in 20 games for New Orleans.
Poole led the Wizards in scoring last season, pouring in 20.5 points per game to go along with 3.0 rebounds, 4.5 assists and 1.3 steals per game in 68 starts.
Bey missed the entire season while recovering from a torn left ACL.
