Phoenix has parted ways with Calvin Abueva, dealing the power forward to Magnolia Pambansang Manok for Chris Banchero and two draft picks on Wednesday.
Aside from Banchero, the Fuel Masters acquired Magnolia's first round pick (sixth overall) as well as its second-round draft rights (18th pick overall) in the March 14 draft.
On the other hand, Magnolia also got Phoenix's 2020 first round pick (10th overall) along with Abueva.
The trade has been approved by the PBA.
Abueva just signed a fresh 3-year contract with Phoenix almost two-months ago.
The Hotshots acquired Banchero from Alaska in exchange for Rodney Brondial and Robbie Herndon.