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Pelicans Rumors: Zion, Jones, Murphy, Fears, Queen

December 6, 2025 by Hoops Rumors

Chris Dodson of ClutchPoints reported on Thursday that Zion Williamson appears increasingly unlikely to be in the Pelicans‘ long-term plans, but the team has yet to have any meaningful trade talks regarding the oft-injured star forward, who is currently out with an adductor strain.

Williamson, who is on an unusual maximum-salary contract that features weigh-in checkpoints and guarantees based on games played, likely has negative trade value due to his extensive injury history.

During Thursday’s live stream for Bleacher Report (YouTube link), NBA insider Jake Fischer said there’s an expectation that New Orleans will entertain offers for the former No. 1 overall pick — he’s not the only player that might apply to.

“You can rest assured that the Pelicans are going to be listening to trade offers for (Williamson),” Fischer said (hat tip to RealGM). “And there are definitely teams that believe, that have told me as recently as today, that New Orleans is now starting to listen and at least show some type of willingness to listen on guys like Herbert Jones and Trey Murphy III as well.

“(Jones and Murphy) are going to have a lot of interest around the league. They’re both on very strong, long-term contracts that are considered relatively team-friendly. Under $30 million in average annual value, which is a big threshold in this current market.

“… But the Pelicans are going to hold a high asking price. And they are going to need multiple first round picks to move on from either of those guys. That’s my understanding as of now. But right now, it is pretty clear that the Pelicans, with interim head coach James Borrego, are moving in a direction of a team built around Jeremiah Fears and Derik Queen, their two lottery picks from this draft.”

Dodson’s ClutchPoints colleague Brett Siegel wrote on Friday that the odds of a deal involving Jones have grown “exponentially” in recent months amid the Pelicans’ disastrous 3-20 start to the season. After signing a contract extension in July, Jones isn’t currently eligible to be traded, but that will restriction will lift on January 14, a few weeks before this season’s deadline.

Fischer is the first reporter we’ve seen state that New Orleans may be open to the possibility of moving Murphy — Dodson suggested the team views the 25-year-old wing as part of the team’s core rather than a trade chip. Murphy is in the first season of a four-year, $112MM rookie scale extension.

In the wake of multiple rumors surrounding the struggling Pelicans, Will Guillory of The Athletic hears from several sources that the team has not had any trade talks involving Murphy, Jones or Williamson (Twitter link). Obviously that stance could change down the line, but it’s worth noting nonetheless.

Filed Under: Pelicans

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