The New Orleans Pelicans have acquired Tyshawn Taylor and cash considerations from the Brooklyn Nets in exchange for the draft rights to Edin Bavcic.

Taylor, a second round pick by the Nets in the 2012 NBA Draft, appeared in 29 games this season for the Nets and averaged 3.9 points, 1.6 assists and 0.5 steals in 11.7 minutes per game. The Kansas product holds career averages of 2.9 points, 0.9 assists and 0.4 steals in 61 career contests.

The Brooklyn Nets have acquired Marquis Teague from the Chicago Bulls in exchange for Tornike Shengelia.

Teague, selected by the Bulls in the first round (29th overall) of the 2012 NBA Draft, has played in 19 games this season, averaging 2.4 points, 1.5 assists and 1.0 rebound in 12.7 minutes per game. Over two seasons, the University of Kentucky product holds career averages of 2.1 points, 1.4 assists and 0.9 rebounds in 67 games played.

Over two seasons with Brooklyn, Shengelia posted career averages of 1.5 points and 1.0 rebound in 36 games.