A league source confirmed to CSNPhilly.com Sixers insider Dei Lynam that the team’s draft day trade, which sent Jrue Holiday to New Orleans for sixth-overall pick Nerlens Noel and a protected 2014 first-round pick, is official.
The NBA’s moratorium on player signings and trades ended Wednesday, allowing teams to officially complete previously agreed upon deals. It has gone through the league office but can't be announced until Holiday returns from his honeymoon to take a physical.
The Holiday deal, which caught the league by surprise at June 27’s NBA draft, signaled a clear rebuilding effort by Sixers GM Sam Hinkie and the team’s new front office.
Noel is unlikely to play before Christmas because of a torn ACL suffered in February during his freshman year at Kentucky.
A source told CSNPhilly.com Tuesday that the 19-year-old, 6-foot-10 Noel was one of three players the Sixers targeted in a Holiday deal they began discussing with the Pelicans in the days leading up to the draft. The others were top pick Anthony Bennett and Victor Oladipo, who went second to the Magic.