The three-team trade includes five players. Boston sends Jeff Green to Memphis. Memphis sends Tayshaun Prince and a future first round pick to Boston, and also sends Quincy Pondexter and a second round pick to New Orleans. Finally, New Orleans sends Austin Rivers to the Celtics (who will likely be flipped), and Russ Smith to Memphis.
The deal becomes official when each team makes the trade call with the league on Monday. Upon becoming official, the deal will mark Boston's 11th first round pick over the next four years. Prince's 7.7 million dollar expiring contract will open up salary cap space for Boston this summer.