Report: Toronto Raptors to Send Marco Belinelli to Hornets for Julian Wright

The New Orleans Hornets are having a very busy day.

They have reportedly traded away James Posey and Darren Collison in a four-team deal, and now, ESPN's Mark Stein is reporting that they will also acquire Marco Belinelli from the Toronto Raptors for Julian Wright.

Belinelli, a highly touted shooting prospect out of Italy, was selected 18th overall by Golden State three years ago before being moved to Toronto. He has shot 39 percent from behind the arc for his career.

He will likely become Peja Stojakovich's heir apparent as a 3-point specialist in New Orleans. Wright, a defense-oriented swingman, fits a similar mold to incoming Ariza, but would fill a void for Toronto — a notoriously poor defensive team.