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Ryan Anderson traded to Hornets

Updated: July 11, 2012, 1:41 PM ET
Associated Press

ORLANDO, Fla. -- The Magic have officially completed a sign-and trade deal that sends restricted free agent Ryan Anderson to the New Orleans Hornets in exchange for fellow forward Gustavo Ayon.

The deal was agreed to earlier this week, but Wednesday marked the end of the NBA's trade moratorium.

Anderson, a 6-foot-10 forward that can shoot the 3-pointer, completed his fourth NBA season and third in Orlando. He was a coveted free agent after posting a career-best 16.1 points ...

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