Xavier Henry underwent successful arthroscopic surgery on his right knee for a lateral meniscus tear on Friday. 

Henry appeared in all five games (all starts) for the Hornets in the NBA Summer League in Las Vegas last week, averaging 12.2 points, 4.8 rebounds and 2.2 assists.

The procedure was performed by Dr. Neil ElAttrache in Los Angeles.. He is expected to make a full recovery and be ready for training camp this fall.

Austin Rivers underwent successful surgery on Friday to clean up bone spurs in his right ankle. 

The tenth overall pick in the 2012 NBA Draft, Rivers’ injury flared up during the NBA Summer League in Las Vegas last week.

The surgery was performed by Dr. Brian McKeon in Boston.  He's expected to make a full recovery and be ready for training camp this fall.

The Hornets have acquired Robin Lopez, Hakim Warrick, and cash considerations from the Suns in exchange for Jerome Dyson, Brad Miller and two 2nd round picks (Brooklyn’s 2013 second round selection and Minnesota’s 2016 second round draft choice) as part of a three-team trade along with the Timberwolves.

Phoenix receives Brad Miller and Jerome Dyson from the Hornets, as well as Wesley Johnson and a 1st round pick from Minnesota.

Minnesota receives Brooklyn’s 2013 2nd round pick and their own 2016 2nd round pick from New Orleans.

“We are very excited about this trade that brings us two quality people and basketball players to help strengthen our foundation as a team,” Hornets General Manager Dell Demps said. “This move gives us a true center in Robin Lopez who brings youth and is a tough, inside rebounder. In Hakim, we get an experienced, versatile forward who will bring a veteran presence to our team.”

There are seven NBA teams that have never had a luxury tax payment since it came into existence with the 1999 collective bargaining agreement.

The Bulls, Warriors, Clippers, Wizards, Bobcats, Hornets and Sonics/Thunder have always been on the receiving end of tax distributions.

While the Clippers, Wizards and Hornets have taken on salary during the 2012 offseason and the Thunder face tax issues if James Harden and Serge Ibaka are signed to new deals, the Bulls and Warriors continue to be tax conscious in their decision-making.

Golden State has just one playoff appearance over that stretch. 

While Robin Lopez is likely to be eventually moved to the Hornets in a sign-and-trade, a proposed three-way deal had hit a few bumps as of Wednesday evening.

Phoenix, New Orleans and Minnesota have agreed to the framework of a three-way deal that would send Lopez and Hakim Warrick from the Suns to the Hornets and Wesley Johnson, a first-round pick and Brad Miller's contract to the Suns.

The Suns would waive Miller, who has a buyout of about $800,000 and announced he would retire after last season.

Phoenix would get the first-round pick that Memphis owes Minnesota via Houston.

Lopez and the Hornets have already agreed upon a three-year, $15.3 million contract.

The Hornets are closing in on a sign-and-trade for Robin Lopez.

The deal would be completed as a three-team trade with the Suns and Wolves also involved.

Going to the Hornets along with Lopez will be Hakim Warrick.

Phoenix will acquire Wesley Johnson and a first round pick from the Wolves.

The trade would clear cap space for Minnesota as they pursue Andrei Kirilenko.

The following 36 NBA players are currently under contract for the 12-13 season and are on their respective country's Olympic rosters:

Atlanta Hawks - no players

Boston Celtics - no players

Brooklyn Nets - Deron Williams (USA)

Charlotte Bobcats - no players

Chicago Bulls - Luol Deng (Great Britain)

Cleveland Cavaliers - Anderson Varejao (Brazil)

Dallas Mavericks - no players

Denver Nuggets - Timofey Mozgov (Russia)

Detroit Pistons - no players

Golden State Warriors - no players

Houston Rockets - no players

Indiana Pacers - no players

Los Angeles Clippers - Chris Paul (USA)

Los Angeles Lakers - Kobe Bryant (USA), Pau Gasol (Spain)

Memphis Grizzlies - Marc Gasol (Spain) 

Miami Heat - LeBron James (USA)

Milwaukee Bucks - no players

Minnesota Timberwolves - Kevin Love (USA), Alexey Shved (Russia)

New Orleans Hornets - Anthony Davis (USA), Al-Farouq Aminu (Nigeria)

New York Knicks - Carmelo Anthony (USA), Tyson Chandler (USA), Pablo Prigioni (Argentina)

Oklahoma City Thunder - Kevin Durant (USA), Russell Westbrook (USA), James Harden (USA), Serge Ibaka (Spain)

Orlando Magic - no players

Philadelphia 76ers - Andre Iguodala (USA)

Phoenix Suns - Luis Scola (Argentina)

Portland Trail Blazers - Nicolas Batum (France), Victor Claver (Spain), Joel Freeland (Great Britain)

Sacramento Kings - no players

San Antonio Spurs - Tony Parker (France), Manu Ginobili (Argentina), Boris Diaw (France), Tiago Splitter (Brazil), Patty Mills (Australia), Nando De Colo (France)

Toronto Raptors - Jose Calderon (Spain), Jonas Valanciunas (Lithuania), Linas Klezia (Lithuania)

Utah Jazz - no players

Washington Wizards - Nene (Brazil), Kevin Seraphin (France)

• Click here to view the full Olympic rosters.

The Hornets are attempting to execute a sign-and-trade for Robin Lopez.

Lopez is a restricted free agent and the Suns want to re-sign him.

The two sides have been unable to come to agreement on terms.

The Bulls have reached a deal with Marco Belinelli.

Belinelli signed the qualifying offer with the Hornets last season.

Belinelli will sign a one-year deal at the bi-annual exception of $1.96 million.

The Warriors beat the Hornets by a final score of 80-72 in Summer League play on Saturday.

Charles Jenkins had 15 points and four rebounds for Golden State. Draymond Green had nine points and six rebounds and Kent Bazemore scored 13 points on 5-for-10 shooting.

Xavier Henry led New Orleans with 21 points and seven rebounds. Brian Roberts had 18 points and five assists and Lance Thomas had 18 points and five assists.