The Hornets and Orlando Magic reached agreement on a sign-and-trade deal that will send forward Ryan Anderson to New Orleans in exchange for center Gustavo Ayon.
NBA.com is reporting that Anderson will sign a four-year deal worth between $34-36 million.
Anderson is 6'10" and is entering his fifth season in the NBA out of Cal Berkley. He started 61 games for the Magic last season, averaging 16 points and 8 rebounds per game. He led the NBA with 3-pointers made (166) and attempted (422) last season while shooting just above 39 percent from beyond the arc.
Ayon spent his rookie NBA campaign in New Orleans last season after playing professionally in Spain's top pro league. The 27-year-old started in 24 games for the Hornets, averaging 6 points and 5 rebounds in 20 minutes per game. Ayon shot 54 percent last season with highs of 16 points (twice) and 17 rebounds, showing the potential to be a solid player if he can produce more consistently.
As with all league business, the trade can't be consummated until Wednesday, which is the first day new NBA contracts can be signed for the 2012-13 season.