The Hornets, Nets, Pacers and Rockets completed a four-team trade, Nets General Manager Billy King announced Wednesday.

As part of the transaction, the Rockets acquire Nets guard Courtney Lee and send Trevor Ariza to New Orleans, with Indiana acquiring Darren Collison and James Posey from the Hornets, and New Jersey adding Troy Murphy.

"We're excited to add Darren to the strong core of young players already on our roster," said Larry Bird, Pacers President of Basketball Operations.  "He's a dynamic young point guard and we believe that he will be a key piece of our goal of building a team that the fans in Indiana deserve."