Grizzlies trade Luke Ridnour to Hornets for Matt Barnes

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October 24, 2012; Los Angeles, CA, USA; Los Angeles Clippers forward Matt Barnes (22) controls the ball against the Los Angeles Lakers during the second half at Staples Center. Mandatory Credit: Gary A. Vasquez-US PRESSWIRE

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There were originally reports that the Oklahoma City Thunder were trading Jeremy Lamb for Matt Barnes.

Things have since changed. The Memphis Grizzlies have now traded veteran point guard Luke Ridnour to Charlotte for Matt Barnes. 

For Charlotte, they did this move because they can clear up cap space by waiving Luke Ridnour at no cost, versus if they were to waive Matt Barnes, they would have to pay the $1 million guaranteed.

The Grizzlies are the winner of this deal. They now have good depth in the back-court with Matt Barnes, Tony Allen, and Jeff Green. Barnes provides depth especially at the wing position. He brings the threat of a three point shot along with a decent defensive presence.

There will likely be more trades that go down throughout the day since tonight is the 2015 NBA draft. Make sure to keep up with all of your breaking news and draft information by following our twitter @bballsociety_

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