The Charlotte Hornets have traded forward Miles Bridges to the Phoenix Suns, marking the second major roster shift for Charlotte in less than a week. The transaction, reported on June 28, 2026, involves a significant exchange of assets as both franchises look to reshape their long-term competitive outlook.
Trade Details and Financial Impact
Under the terms of the agreement, the Phoenix Suns receive Miles Bridges, a 2029 first-round draft pick, and a 2027 second-round pick. In return, the Charlotte Hornets acquire veteran players Grayson Allen and Royce O’Neale, along with a 2033 first-round draft pick. According to ESPN, the move is strategically vital for Phoenix, allowing the organization to save $20 million in luxury taxes while simultaneously opening a roster spot ahead of the upcoming free agency period.
Strategic Shifts for Both Teams
For the Hornets, the deal follows the recent trade of All-Star guard LaMelo Ball to the Minnesota Timberwolves. After a 44-win season that saw the team reach the play-in tournament, Charlotte is pivoting toward a rebuild. By acquiring Allen and O’Neale, the Hornets add playoff-tested experience to a roster that now features newcomers such as Naz Reid and rookie Hannes Steinbach.
Miles Bridges, who has spent his entire seven-year career in Charlotte, recorded averages of 17.1 points, 5.8 rebounds, and 3.2 assists per game last season. His departure opens a starting frontcourt position, which the team is expected to address through its newly acquired depth. Bridges is entering the final year of the three-year, $75 million contract he signed in 2024.