Grizzlies dealing Luke Ridnour to Hornets for Matt Barnes, sources say

ByMARC STEIN
June 25, 2015, 10:10 AM

— -- The Memphis Grizzlies are in the process of completing a trade with the Charlotte Hornets for Matt Barnes, according to league sources.

The Grizzlies will acquire Barnes from Charlotte for veteran point guard Luke Ridnour, whom Memphis acquired Tuesday from Orlando, sources said.

Furthermore, the Grizzlies intend to keep Barnes, sources said. Only $1 million of Barnes' $3.5 million salary is guaranteed if he's waived before Wednesday, but Memphis wants Barnes for perimeter depth.

The Hornets have been busy this offseason.

They acquired Barnes earlier this month in the trade that sent Lance Stephenson to the Los Angeles Clippers. Charlotte also acquired Nicolas Batum from the Portland Trail Blazers on Wednesday.

Barnes, 35, is in the final year of his contract. He averaged 10.1 points, 4.0 rebounds and 1.1 assists while starting 74 games for the Clippers in 2014-15.

Barnes, however, wore out his welcome in Los Angeles, as his on-court temper and penchant for getting fined constantly irked head coach and president of basketball operations Doc Rivers, who had been looking to deal him for about two years.

The 34-year-old Ridnour, meanwhile, averaged 4.0 points and 2.0 assists while playing 47 games for the Magic last season.

The 14th overall pick in the 2003 draft, Ridnour is now joining his seventh NBA team. He has career averages of 9.3 points, 4.5 assists and 2.3 rebounds per game.