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AP Source: Grizzlies, Pelicans, Celtics agree on Green trade

Memphis Grizzlies forward Tayshaun Prince (21) battles against New Orleans Pelicans forward Dante Cunningham (44) in the first half of an NBA basketball game in New Orleans, Friday, Jan. 9, 2015. The Pelicans won 106-95. (AP Photo/Gerald Herbert)
Memphis Grizzlies forward Tayshaun Prince (21) battles against New Orleans Pelicans forward Dante Cunningham (44) in the first half of an NBA basketball game in New Orleans, Friday, Jan. 9, 2015. The Pelicans won 106-95. (AP Photo/Gerald Herbert) Memphis Grizzlies forward Tayshaun Prince (21) battles against New Orleans Pelicans forward Dante Cunningham (44) in the first half of an NBA basketball game in New Orleans, Friday, Jan. 9, 2015. The Pelicans won 106-95. (AP Photo/Gerald Herbert)

NEW ORLEANS (AP) – A person familiar with the situation says the Memphis Grizzlies, Boston Celtics and New Orleans Pelicans have agreed on a five-player trade that would send forward Jeff Green from Boston to Memphis.

The person spoke to The Associated Press on condition of anonymity Saturday night because the trade has not been announced and formal approval by the NBA is not expected until Monday morning.

Tayshaun Prince would go from Memphis to Boston and Quincy Pondexter from Memphis to New Orleans.

The trade also would send Austin Rivers, the 10th overall pick in 2012, from New Orleans to Boston, and 2014 second-round pick Russ Smith from New Orleans to Memphis. Memphis also will send a protected first-round draft choice to Boston and a second-rounder to New Orleans.

The trade is expected to provide more offense for Memphis, which is in a tight race for the Southwest Division lead.

Pondexter, who started his career in New Orleans, gives the Pelicans depth at small forward.