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ESPN.com said:The Washington Wizards, Memphis Grizzlies and New Orleans Hornets have agreed to a three-team trade that will bring two new guards to the Gilbert Arenas-less Wizards, according to NBA front-office sources.
The Wizards will receive New Orleans' Mike James and Memphis' Javaris Crittenton in the exchange, with the Hornets acquiring Washington's Antonio Daniels and the Grizzlies coming away with a future first-round pick.
Arenas has yet to play for the Wizards since signing a new $111 million contract in the offseason after undergoing surgery on his left knee. A firm timetable for Arenas' comeback has not been established, but he has yet to be cleared to participate in contact drills, making a return by Jan. 1 -- as Arenas initially hoped -- seem unlikely.
The Washington Post reported Wednesday morning that the pick is a conditional first-rounder that Memphis had sent to Washington in the trade to acquire Spanish guard Juan Carlos Navarro in the 2007 offseason. Navarro returned to club power FC Barcelona in his native country this season.
The Wizards have to release guard Dee Brown to make roster room for their new players.
According to the Post, Daniels was at Wizards practice but was pulled off the floor once the deal proceeded to the conference-call stage required for league approval.
The Grizzlies had been expected to part with at least one point guard this season after stockpiling several. Crittenton, taken 19th overall by the Los Angeles Lakers in the 2007 draft, arrived in Memphis in February as part of the Pau Gasol deal.
James had fallen out of favor in New Orleans under coach Byron Scott and hadn't played in nine of the Hornets' past 10 games. Daniels, who has been a fixture on Washington's playoff teams over the past three seasons, is averaging 5.1 points, 3.6 assists and 22.4 minutes in 13 games.