A three-way trade that sent Robin Lopez and Hakim Warrick to the New Orleans Hornets has officially been completed, one day after salary cap complications put it on hold. In the trade, the Hornets will receive Lopez and Warrick, the Phoenix Suns will receive Wes Johnson, Jerome Dyson, Brad Miller, a first-round pick and a second-round pick, and the Minnesota Timberwolves will receive a 2014 second-round pick.
The trade had been put on hold on Thursday, with most suspecting that it did not fit into the NBA's trade rules. As it turned out, though, the Suns were also slated to take on $3 million in cash in the original deal, which would have been illegal because they already did so in the sign-and-trade arrangement that sent Steve Nash to the Lakers. Teams can only receive $3 million cash total over the course of a calendar year.
The Hornets receive some much-needed size in Lopez, while the Suns try to revive Johnson's career while taking on additional picks. The Timberwolves, meanwhile, clear enough cap space to complete their two-year, $20 million contract with Andrei Kirilenko.
For more on the Timberwolves, be sure to visit Canis Hoopus and SB Nation Minnesota. For more on the Suns, check out Bright Side of the Sun and SB Nation Arizona. SB Nation's Hornets blog is housed over at At The Hive.