The Orlando Magic have traded point guard Tyus Jones and two second-round picks to the Charlotte Hornets for cash considerations, according to ESPN.
The cash considerations given by the Hornets will help the Magic avoid the luxury tax, who added two second-round picks to the deal for Charlotte to take on Jones’ capital.
The trade now gives Charlotte 11 first-round picks and 14 second-round picks over the next 7 years.
Jones averaged 3.0 points, 1.1 rebounds and 2.4 assists per game this season, only starting eight games for Orlando, who acquired him as a free agent on June 30 on a one-year, $7 million deal.
Charlotte, who acquired guard Coby White earlier this morning, adds another veteran to the rotation.
Jones was drafted in the first round of the 2015 NBA Draft by the Cleveland Cavaliers, but played his first games for the Minnesota Timberwolves. He signed a 3-year, $28 million deal with the Memphis Grizzlies in 2019, where he spent another four seasons.
He followed with stints in Washington (2023-24) and Phoenix (2024-25) where he his greatest volume of action, starting 124 games over two seasons. He has just 102 starts over his other nine seasons.
Jones’ best performance for Orlando this season came on Dec. 23 against the Portland Trail Blazers, where he tallied 16 points, seven assists and four rebounds.
