Source: Grizzlies send Xavier Henry to Hornets

Source: Grizzlies send Xavier Henry to Hornets

Published Jan. 4, 2012 11:10 a.m. ET

NEW ORLEANS (AP) -- A person familiar with the deal says Philadelphia, Memphis and New Orleans have agreed on a multi-player trade.

The 76ers are sending Marreese Speights to Memphis, the Grizzlies will move Xavier Henry to New Orleans and the Grizzlies and Hornets each will send a second-round draft pick to Philadelphia, the person told The Associated Press Wednesday on condition of anonymity because the deal had not been announced.

The 6-foot-6 Henry, in his second NBA season out of Kansas, has averaged 4.3 points and 1.0 rebound in 38 games with Memphis. The 6-10 Speights is in his fourth NBA season out of Florida and has averaged 7.2 points and 3.7 rebounds.

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