The Charlotte Hornets, Minnesota Timberwolves, and New York Knicks have completed a significant three-team trade involving notable players Karl-Anthony Towns and Julius Randle. To accommodate the incoming players, the Hornets waived guards Marcus Garrett and Caleb McConnell.
In the trade, the Hornets acquired Charlie Brown Jr., Duane Washington Jr., DaQuan Jeffries, and several future draft picks. The Knicks received Towns and James Nnaji, while the Timberwolves obtained Randle, Donte DiVincenzo, Keita Bates-Diop, and a first-round pick from New York.
This trade marks a historic moment for the Hornets, being the first to utilize the Room Exception under the new 2023 Collective Bargaining Agreement.
