Breaking News: Mike James traded for Antonio Daniels

This just in from

The New Orleans Hornets are close to finalizing a three-team trade deal this morning that will send Mike James to the Washington Wizards in exchange for guard Antonio Daniels.

The trade deal also includes the Memphis Grizzlies. Since Tuesday, the Wizards with the Grizzlies have been trade negotiations.

The Grizzlies are trying to obtain a conditional draft pick from the Wizards.

Initial thoughts: This is a great trade for us. James and Daniels have almost identical contracts (about $6.5 million owed to both this season and next), so we’re not losing much there. Meanwhile, the 6-4 Daniels should be able to come in and give us reliable minutes at point guard, his natural position. He has career averages of 7.9 points and 3.5 assists, and was averaging 5.1 and 3.6 in 22 minutes a night for the Wiz this season.

Antonio DanielsRelevant linkage as I find it:

UPDATE: From the Washington Post

The Wizards will acquire guards Javaris Crittenton (Memphis) and Mike James (New Orleans). The Hornets will get Antonio Daniels from the Wizards and possibly a conditional draft pick from Memphis. The Grizzlies would get the conditional first round pick they sent to Washington for Juan Carlos Navarro before last season.

Image credit: Dariusz Ejkiewicz.

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