The New Orleans Pelicans are placing a steep price tag on Trey Murphy III as trade interest in the young wing heats up, according to NBA insider Chris Dodson. The team is demanding a substantial package that includes a veteran playoff contributor, a promising young player, and multiple first-round draft picks to consider any trade offers for the 24-year-old.
While some in the league view the Pelicans’ asking price as excessive, they appear confident in Murphy’s increasing trade value given the significant number of inquiries received. Murphy delivered a breakout season in 2023-24, stepping into a leading role amid injuries to Zion Williamson and Dejounte Murray, as well as Brandon Ingram’s midseason trade.
Trey Murphy III’s Breakout Year Highlights Rising Market Value
Murphy posted career-high averages of 21.2 points, 5.1 rebounds, 3.5 assists, and 1.1 steals per game, shooting 45.4% overall and 36.1% from three-point range. His true shooting percentage of 59.8% underlines his offensive efficiency despite increased defensive focus. Murphy’s ability to stretch the floor, defend multiple positions, and create plays has made him a valuable asset heading into the next season.
His four-year, $112 million contract commencing next season is viewed by some NBA executives as a potential bargain for a versatile 6-foot-9 wing. This player type is in high demand, particularly for contenders seeking to fill specific roles, while rebuilding teams see Murphy as a potential cornerstone for the future.
Pelicans’ Rebuild Efforts Fuel Aggressive Trade Strategy
New Orleans suffered through a difficult 21-61 season, placing 14th in the Western Conference and diminishing their playoff hopes early due to injuries. The challenges led to major front office changes, including the departure of veteran executive David Griffin and the hiring of Joe Dumars as the new President of Basketball Operations.
Under Dumars’ direction, the Pelicans have reportedly placed their entire roster, including star Zion Williamson, on the trade block. Some inside sources suggest Dumars’ goal is a full franchise reset, even if it means trading marquee players. Zion Williamson’s value has declined in the market because of his ongoing injury issues, but teams like the Brooklyn Nets and Miami Heat remain interested due to their available assets and roster needs.
Murphy’s Status Signals Strategic Patience from Pelicans
The Pelicans are not in a rush to move Murphy, reflecting their belief in his progression and potential. His robust contract combined with strong recent performances boosts his position as a coveted player in trade talks. Although the team has not publicly declared Murphy untouchable, their demanding trade price effectively signals that any acquiring team must meet a high bar.
With Trey Murphy III viewed increasingly as a top wing option, trades involving him will test teams’ willingness to part with valuable assets, impacting the Pelicans’ rebuild trajectory and their attempt to reposition themselves competitively in the Western Conference.