The Boston Celtics have sent recently acquired big man Brandan Wright to Phoenix for a protected draft pick that initially belonged to the Minnesota Timberwolves, the Suns announced Friday.

The pick is protected within the first 12 selections for the next two seasons and then turns into a pair of second-rounders in 2016 and ’17. Boston also created a trade exception worth $5 million in the process by sending out Wright’s $5 million contract while taking back no salary.

“I have known Brandan since he entered the NBA in 2007,” Suns president of basketball operations Lon Babby said. “He is a person of the highest character who will fit perfectly into our burgeoning Suns culture. We look forward to welcoming him to Phoenix.”

In a separate move the Celtics are in the process of agreeing to terms on a trade that will send forward Jeff Green to the Memphis Grizzlies in exchange for Tayshaun Prince‘s $7.7 million expiring contract and another future first-round pick.

Wright was brought to Boston via the deal that sent Rajon Rondo to Dallas. He gives Phoenix a quality backup center.

The former eighth overall pick is averaging 7.5 points on 72.4 percent shooting, 3.6 rebounds and 1.3 blocks in 35 games between the Celtics and Mavs this season.

In a corresponding move, Phoenix waved forward Tony Mitchell.

News of the trade was reported earlier by Yahoo! Sports.

Information from ESPN.com’s Marc Stein was used in this report.