The Los Angeles Clippers, as per ESPN’s Adrian Wojnarowski, are trading Patrick Beverley, Rajon Rondo, and Daniel Oturu to the Memphis Grizzlies in exchange for Eric Bledsoe.
Last season, the 31-year-old Bledsoe averaged 12.2 points and 3.4 rebounds for the New Orleans Pelicans.
Both Beverley and Rondo are senior players who helped the Clippers reach the Western Conference Finals for the first time in franchise history in 2021.
Last season, Oturu, a second-round choice in the 2020 Draft, appeared in only 30 games with the Los Angeles Rams.
According to John Hollinger of The Athletic, the move would save the Clippers about $25 million in luxury tax payments next season, while the Grizzlies will save $3.9 million in cap room.
Bledsoe will also be reunited with the team with where he began his NBA career after being drafted in 2010. Due to the presence of Chris Paul, Bledsoe’s playing time was limited during his first tenure with the Clippers, and he only saw an uptick in minutes after being traded to the Phoenix Suns.
Bledsoe has continued to play like a quality point guard since then, but his value has plummeted following a four-year, $70 million agreement with the Milwaukee Bucks. He was later traded to the New Orleans Pelicans in the Jrue Holiday trade, which moved him to Memphis earlier this offseason.