Trade Rumors: Grizzlies, Nets, C. Johnson, Wizards, Lakers

After Michael Scotto reported on Sunday that the Grizzlies wanted to include top-15 protection on their 2025 first-round pick in their offer to the Nets for Dorian Finney-Smith, Marc Stein writes at The Stein Line (Substack link) that one source said the protection on that pick was actually top-17.

Brian Lewis of The New York Post, confirming that the protection on the pick the Grizzlies offered was so heavy that “it might never have conveyed,” adds (via Twitter) that Memphis was asking for the Nets’ own 2025 second-round pick in return. Based on the current standings, those two selections are just 11 picks apart at No. 26 and No. 37, per Tankathon, and they could end up even closer than that if Brooklyn moves further down the standings.

As Stein explains, the Nets were more inclined to take the Lakers’ offer for Finney-Smith since it added three future second-round picks to their stash without requiring them to give up any draft assets of their own. It also didn’t include any guaranteed salary beyond this season, whereas the Grizzlies’ offer would’ve meant taking back John Konchar, whose deal is guaranteed through 2026/27.

Now that they’ve missed out on Finney-Smith, it wouldn’t surprise anyone around the NBA if the Grizzlies continue talking to the Nets and pivot to pursuing forward Cameron Johnson, according to Stein, who adds that Memphis is expected to continue shopping Konchar.

Brooklyn is said to be seeking multiple first-round picks for Johnson, but they were also asking for a first-round pick for both Finney-Smith and Dennis Schröder and ultimately settled for second-rounders, Stein observes. That doesn’t mean they’ll take second-rounders for Johnson too, but it suggests the asking price of “multiple first-round picks” may come down a little before February 6.

Here are a few more trade-related notes and rumors from across the league:

  • Many league observers had been expecting the Lakers to pursue the Wizards duo of Malcolm Brogdon and Jonas Valanciunas and were surprised to see them make a deal with Brooklyn, according to Stein. Los Angeles could still technically make a deal for both of those two Wizards, but it would be difficult to land more than one of them without D’Angelo Russell‘s expiring contract. “I like the combo of Finney-Smith and (Shake) Milton better for the Lakers than the two Washington guys,” one longtime talent evaluator told Stein.
  • Citing team and league sources, Jovan Buha of The Athletic confirms that the Lakers will continue exploring the trade market for additional upgrades ahead of the Feb. 6 deadline. For now, the Lakers’ plan is to assess Finney-Smith’s fit with the current group and make a decision close to the trade deadline on whether it makes sense to give up one or both of their tradable first-rounders (2029 and 2031) in another deal.
  • Given that Schröder and Finney-Smith were traded for second-round compensation, teams pursuing a first-round pick in exchange for their role-player trade candidates might have trouble getting the return they’re seeking, Stein notes, pointing to Bulls center Nikola Vucevic and Wizards forward Kyle Kuzma as a couple examples. Valanciunas, Brogdon, Jazz guard Jordan Clarkson, and Raptors teammates Kelly Olynyk and Bruce Brown are a few of the players believed to be available for second-round picks, Stein adds.
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