The New Orleans Pelicans have traded center Daniel Theis and a 2031 second-round draft pick to the Oklahoma City Thunder for cash.

Tonight at 8 p.m., the Pelicans continue their road trip against the Denver Nuggets. When the trade was announced, the Pelicans wrapped up shootaround and huddled up to say their goodbyes to Theis, according to The Athletic Pelicans beat reporter Will Guillory.

Daniel Theis, an eight-year NBA veteran, has committed to sign with EuroLeague team AS Monaco, according to Donatas Urbonas of BasketNews.

Daniel Theis is considering a return to the EuroLeague after being waived by the Thunder this week, and AS Monaco appears to be the favorite to sign him, according to Greek outlet SDNA.

The Oklahoma City Thunder acquired center Daniel Theis and a 2031 second-round pick from the New Orleans Pelicans in a trade deal

The Oklahoma City Thunder will waive Daniel Theis, league sources told  @hoopshype .Source: x.com What’s the buzz on Twitter? Eurohoops @Eurohoopsnet Daniel Theis waived by

Players like Luka Doncic, Anthony Davis, Jimmy Butler, DeAaron Fox, and so many other NBA stars are now making their way to new homes. With all these moves, there are many instances of a team winding up with a player that doesn't quite fit with their current squad as a result of a larger deal.