The Kings, Pelicans and Trail Blazers agreed orally on a deal that will send Vasquez to Sacramento, restricted free-agent guard Tyreke Evans to New Orleans and center Robin Lopez and guard Terrel Harris to Portland, according to two sources who spoke to the newspaper on the condition of anonymity because the trade can't be formalized until Wednesday.
The Pelicans also receive Blazers second-round draft pick Jeff Withey, a center, in the deal. The Kings get two second-round picks from Portland, one in 2014 and the second either the New York Knicks' pick in 2016 or the Blazers' in 2018.
Evans, the 2009-10 Rookie of the Year, told New Orleans on Wednesday that he would sign its four-year, $44 million offer sheet. Since then, the Kings have been deliberating how to get something in return.
Because the Pelicans recently traded for All-Star point guard Jrue Holiday from the Philadelphia 76ers in a deal that can't be formalized until Wednesday, Vasquez — who was a Most Improved Player candidate last season — has become expendable.
Vasquez, 26, averaged 13.9 points, 9.0 assists and 4.3 rebounds last season. He was third in the league in assists per game. Yet the Kings didn't decide to finalize this deal until they missed out on veteran free-agent point guard Jose Calderon, who declined an offer to play for them early Thursday, USA Today reported.
"They showed him a great vision, made a great offer, but the timing wasn't right," Calderon's agent, Mark Bartelstein of Priority Sports, told the newspaper.
This trade likely indicates that New Orleans shooting guard Eric Gordon is staying put as well, as it frees up the logjam of guards that the Pelicans have had on their roster. The Pelicans have been open to trading Gordon but were unable to find deals that they deemed worthy of his value, USA Today reported.
Neal leaving Spurs?
It's unlikely the San Antonio Spurs will bring back reserve shooting guard Gary Neal, according to ESPN.
Neal, who played at Aberdeen, Calvert Hall and Towson University, is a restricted free agent, meaning San Antonio could match any offer. The Spurs extended a qualifying offer worth $1.1 million at the start of the free-agency moratorium, but Neal, 28, who averaged 9.5 points and shot 41.2 percent from the field this season, might be receiving better offers.
San Antonio reached an agreement with free-agent shooting guard Marco Belinelli on Thursday, USA Today reported.