Washington sends Jordan Poole, Saddiq Bey and the No. 40 pick in the 2025 Draft to New Orleans in the reported deal.

It's a stunning point guard swap between two struggling NBA franchises, but both teams can now move forward with hopes of climbing out of the lottery. Specifically, the Pelicans get younger with Jordan Poole and Saddiq Bey, while the Wizards get some added cap flexibility by taking on McCollum's expiring contract.

The New Orleans Pelicans have traded guard CJ McCollum, Kelly Olynyk and a future second-round pick to the Washington Wizards for Jordan Poole, Saddiq Bey and the No. 40 pick. ESPN's Shams Charania shared the news via X.