Sources: Pels get Spurs' Josh Richardson for Devonte' Graham

The New Orleans Pelicans are acquiring Josh Richardson from the San Antonio Spurs for Devonte' Graham and four second-round picks, sources confirmed to ESPN.

Richardson, 29, averaged 11.5 points in 42 games for the Spurs this season. He provides the Pelicans with depth on the wing and future salary-cap flexibility by removing Graham's $12.1 million from their books for the 2023-24 season.

San Antonio, meanwhile, continues to add to an ever-growing pile of draft picks it has accrued over the past several months, including a protected first-round pick and two second-rounders the Spurs received for Jakob Poeltl early Thursday morning.

Graham averaged 5.3 points in 53 games this season for New Orleans.

The Athletic first reported the Spurs-Pelicans trade.