The New Orleans Pelicans have been in trade rumors for several of their players, but nothing has happened yet. Trey Murphy III and Herb Jones have been floated around, but it seems the Pelicans are willing to keep those two for now and see how it works with Jamahl Mosley. However, there is one player who the Pelicans are considering moving, and the Memphis Grizzlies are one of the teams interested, according to the Stein Line. The Pelicans are exploring various trade frameworks to send out former lottery pick Jordan Hawkins for some potential roster and financial flexibility. Those discussions, sources say, include conversations with Memphis. Hawkins is going into his fourth year in the league and has played his entire career with the New Orleans Pelicans. Last season was probably his worst statistically, as he averaged 5.1 points in 51 games. The Grizzlies are still looking for young talent to add to their team, and they must believe that Hawkins could be a player to help grow with the core they have. With Cameron Boozer, Cedric Coward, and Zach Edey, the Grizzlies could be a young, hungry team that competes every night. As for the Pelicans, it'll have to be a wait-and-see approach if they're willing to make a trade. For the past few years, it seems like they're open to dealing their players, and then they end up backtracking. They either don't like the offers they're getting or would rather see if those players can continue to grow with the team. The Pelicans' recent form has been underwhelming, with a 1-0-4 record in their last five games, including a 132-126 loss to the Minnesota Timberwolves on April 13, 2026. This loss was a significant setback for the team, and they will need to regroup and refocus if they want to make a deep playoff run. The Grizzlies, on the other hand, are looking to build on their recent success, and Hawkins could be a key addition to their roster. However, the Pelicans are not willing to give up on Hawkins just yet, and it remains to be seen whether the Grizzlies will be able to persuade them to make a trade.