Source: Hornets Trade 27th Draft Pick To Blazers

For Cash

The Portland Trail Blazers will acquire the 27th pick in the draft from New Orleans in exchange for cash considerations, according to a report from ESPN.

The deal was agreed to verbally between the two teams on Tuesday night, according to the source. The teams have scheduled a trade call with the league in the morning to make the deal official.

Kevin Pritchard is really working the draft. Portland now has 5 draft picks.

Paul Allen is making it rain.