Charlotte Hornets Trade Miles Bridges to Phoenix Suns, Securing 2029 First-Round Pick

The Charlotte Hornets are blowing up their roster at a stunning pace. Just days after trading star guard LaMelo Ball to the Minnesota Timberwolves, the team has now dealt power forward Miles Bridges to the Phoenix Suns for the second time in his career, AP News confirmed. The deal sends Bridges — along with a 2029 first-round pick and a 2027 second-round pick — to Phoenix in exchange for guard Grayson Allen, forward Royce O'Neale, and a 2033 unprotected first-round pick.
ESPN's Shams Charania first broke the news on June 28, 2026. The trade is pending league approval. It leaves Charlotte with one of the most wide-open rosters in the NBA heading into free agency on June 30, according to For The Win.
The financial math behind this trade is striking. Charlotte now sits roughly $50.1 million below the luxury tax line — the most cap space of any Eastern Conference team, according to BasketNews. Phoenix, meanwhile, saves about $20 million in luxury tax payments by swapping the contracts of Allen and O'Neale for Bridges' expiring $22.8 million deal. Both teams get something they badly wanted: Charlotte gets future picks, and Phoenix gets cap relief plus a starting forward.
The crown jewel for Charlotte may be the 2033 unprotected Suns first-round pick. By then, Devin Booker will be 36 years old. If Phoenix declines, that pick could land in the lottery. Analysts at Heavy call it a long-term bet that the Suns will eventually collapse — and Charlotte will be there to cash in.
Miles Bridges, 28, leaves Charlotte as its longest-tenured player. He averaged 17.1 points and 5.8 rebounds last season while shooting 46% from the field, according to Sportsnet. He was Charlotte's most reliable scorer and a fan favorite for most of his eight-year run. But his tenure was also defined by a 30-game league suspension in 2023-24 following domestic violence charges — a shadow that followed him throughout his Hornets career.
This is the second time Bridges has been connected to Phoenix in his career. The Suns have targeted a versatile power forward ever since losing Kevin Durant and Bradley Beal in prior seasons. Bridges fills that gap directly. He slides into a starting lineup next to Devin Booker and Jalen Green, giving Phoenix the wing athleticism it lacked, For The Win reported.
With Ball and Bridges gone, 22-year-old forward Brandon Miller is now the clear face of the franchise. The Hornets' projected starting lineup lines up as: Coby White at point guard, Kon Knueppel at shooting guard, Miller at small forward, Naz Reid at power forward, and Moussa Diabate at center, per Heavy. Knueppel made the 2026 All-Rookie First Team. Reid came from Minnesota in the Ball trade and gives Charlotte a skilled, spacing big man.
Allen and O'Neale join the bench. Allen is a career 40% three-point shooter and grew up playing college ball at Duke — just miles from Charlotte. Local media has framed the new roster as a better fit for Miller's game. The old Ball-and-Bridges system leaned heavily on isolation basketball. This new group offers more movement and shooting around a young star, according to Yahoo Sports.
Charlotte Executive Jeff Peterson orchestrated both deals in under 72 hours. Sources told Heavy that Peterson began "listening to offers" for the veteran core right after the 2026 NBA Draft on June 23. The moves shocked fans. Just months ago, the Hornets won 44 games and were a play-in team. Now, they have gutted their two biggest stars in a single week and reset for the long term.
Not everyone is on board. National analysts, including Danny Green on NBA Today, have questioned whether the teams acquiring Ball and Bridges actually got better. On Reddit's r/CharlotteHornets, fan reaction is split — some praise the "asset accumulation," others mourn losing the team's two most recognizable faces at once. The "2029 Los Angeles pick" sent to Phoenix is also drawing scrutiny. Its value depends entirely on whether the Clippers or Lakers are good by then, a question nobody can answer yet, per For The Win.
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