Trey Murphy

Despite New Orleans’ interest in Scoot Henderson, the odds of the Hornets and Pelicans reaching an agreement involving the No. 2 pick appear slim.

While the Pelicans don’t necessarily view any player as “untouchable” as they explore moving up in the draft, they’ve shown little interest in parting with forward Brandon Ingram, reports Jake Fischer of Yahoo Sports. According to Fischer, the team has received plenty of trade inquiries about Trey Murphy this year, but Murphy isn’t viewed as the type of player who could be the centerpiece of a deal that moves New Orleans up from No. 14 to No. 2.

That would leave Zion Williamson as the most obvious trade chip the Pelicans could use if they’re serious about moving into the top three. However, the organization still believes in Williamson’s upside and “fondly remembers” starting the season atop the Western Conference this past season when Zion was healthy, Fischer writes, noting that a top-three pick would be “merely the starting point” to meet Williamson’s valuation of the star forward. Charlotte is unlikely to share that valuation.

ESPN’s Jonathan Givony expressed a similar sentiment during an appearance on Zach Lowe’s Lowe Post podcast, as RealGM relays.

“I’ve been told New Orleans is not trading Zion,” Givony said. “And no interest in trading Brandon Ingram. I would be very surprised if anything ended up happening there at two or three. They were the No. 1 team in the West last year when Zion went down with the injury. If he’s healthy, which he rarely is, but when he’s healthy, he is easily one of the best players in the NBA. So I don’t see it happening. That was pretty much shut down to me as a possibility of Zion to Charlotte.”

Asked by Lowe if the possibility of a Pelicans/Trail Blazers trade involving the No. 3 pick is more viable, Givony essentially dismissed that idea too.

“They haven’t even spoken with Portland,” Givony said. “I think New Orleans has made some calls, just to see what it would take to get to one, get to two, but I don’t think it went past that.”

While the Pelicans have been the team most frequently mentioned this week as a candidate to move into the top three, they’re not the only ones who have looked into that possibility. Fischer says the Raptors and Rockets have conveyed interest in moving up in the lottery, while Kevin O’Connor of The Ringer cites sources who say that Toronto and the Wizards have explored deals to move into the top three.

Presumably, any trade into the top three for the Raptors or Wizards would involve a star player like Pascal Siakam or Bradley Beal, though it’s unclear whether those All-Stars on their own would be enough for a team like Charlotte or Portland to seriously consider a move down. Siakam will be on an expiring deal in 2023/24, while Beal is owed nearly $208MM over the next four years, so neither player has a particularly favorable contract. As we wrote on Thursday, Fischer is skeptical that Houston has the veteran talent necessary to move into the top three.

Givony suggested on The Lowe Post that the Trail Blazers have yet to receive a compelling offer for the No. 3 pick.

“Contrary to what people think, if the draft were tonight, they’re making that pick,” Givony said, per RealGM. “Unless something crazy comes up. Some type of trade that you just can’t say ‘no’ to. At this stage, they haven’t had anywhere near that level of conversation to get fair value for that pick. You very rarely have a chance to get that type of talent, like a Brandon Miller or a Scoot Henderson, in Portland. So they’re not just going to pass up on that unless something absolutely incredible comes out of thin air, which doesn’t appear the case right now.”