While the deal cannot become official until Aug. 6, the New Orleans Pelicans and the Memphis Grizzlies pulled off the first major NBA trade of the offseason, with the Grizzlies sending Jonas Valanciunas and 2021 picks No. 17 and No. 51 to the Pelicans in exchange for Steven Adams, Eric Bledsoe, 2021 picks No. 10 and No. 40 and a protected 2022 first-round pick via the Los Angeles Lakers.