Trey Murphy III
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A trade involving New Orleans Pelicans wing Trey Murphy III isn't done. A trade involving the sharpshooter could pick back up once a LeBron James decision is made, says The Athletic's John Hollinger.
The New Orleans Pelicans have been a mysteriously quiet team so far this offseason. 2026 second-round pick Jaron Pierre Jr. is the only new face. Apart from re-signing DeAndre Jordan to a two-year deal and letting Kevon Looney walk in free agency, the Pelicans have done nothing else.
New Orleans’ most notable buzz has come from the trade rumors involving wing Trey Murphy III. The 26-year-old led the Pelicans in points per game in 2025-26 (21.5). He was a rare bright light in New Orleans during a forgettable campaign.
Murphy III has been in trade talks throughout this summer. He was a popular trade candidate during the 2026 NBA Draft, but no deal went through. With a large majority of free agents already making their decisions, moving Trey Murphy III is still on the table.
“Chatter about a Trey Murphy trade, while lessened, hasn’t vanished and is one of many potential pieces of league business that could resurface once LeBron James’ next destination becomes clear,” says The Athletic’s John Hollinger.