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2025 NBA Trade Deadline Recap

February 7th 2025 at 1:03am CST by Luke Adams

We heard repeatedly in the months leading up to the 2025 NBA trade deadline that the new Collective Bargaining Agreement would make it more challenging than ever for teams to complete deals. Executives around the league responded by swapping a record 63 current NBA players during the week leading up to the deadline, plus the draft rights to an additional three players.

It was a wild, eventful week, with 21 trades completed by 25 teams since we flipped the calendar to February. Those deals ranged from a stunning blockbuster to the most minor of draft-pick swaps.

[RELATED: Community Shootaround: Trade Deadline Winners, Losers]

Thanks for following along with us at Hoops Rumors. Here’s a recap of all of 2025’s deadline deals, with the details reported and announced so far:

Trades completed during deadline week

The Lakers and Mavericks shock the NBA (story)

The Heat resolve a standoff and the Warriors finally get their complementary star (story)

  • Warriors acquire Jimmy Butler.
  • Heat acquire Andrew Wiggins, Kyle Anderson, Davion Mitchell, and the Warriors’ 2025 first-round pick (top-10 protected).
  • Pistons acquire Dennis Schröder, Lindy Waters, and either the Warriors’ or Timberwolves’ 2031 second-round pick (whichever is least favorable; from Warriors).
  • Jazz acquire KJ Martin, Josh Richardson, a 2028 second-round pick (from Pistons), and either the Heat’s or Pacers’ 2031 second-round pick (whichever is most favorable; from Heat).
  • Raptors acquire P.J. Tucker, the Lakers’ 2026 second-round pick (from Heat), and cash (from Heat).

The Spurs land Victor Wembanyama‘s pick-and-roll partner (story)

  • Spurs acquire De’Aaron Fox and Jordan McLaughlin.
  • Kings acquire Zach LaVine, Sidy Cissoko, the Hornets’ 2025 first-round pick (top-14 protected; from Spurs), the Spurs’ 2027 first-round pick, the Timberwolves’ 2031 first-round pick, the Bulls’ 2025 second-round pick (from Spurs), the Nuggets’ 2028 second-round pick (top-33 protected; from Spurs), and their own 2028 second-round pick (from Bulls).
  • Bulls acquire Kevin Huerter, Zach Collins, Tre Jones, and their own 2025 first-round pick (from Spurs).
  • Note: The Bulls’ 2025 second-round pick had previously been controlled by the Spurs (if in the top 55) or Kings (if 56 or later). The Kings acquired it unconditionally as part of this trade.

The Raptors take a flier on a former All-Star (story)

The East’s top team loads up for the stretch run (story)

  • Cavaliers acquire De’Andre Hunter.
  • Hawks acquire Caris LeVert, Georges Niang, the Cavaliers’ 2027 second-round pick, the Cavaliers’ 2029 second-round pick, the Cavaliers’ 2031 second-round pick, the right to swap first-round picks with the Cavaliers in 2026 and the right to swap their 2028 first-round pick for either the Cavaliers’ or Jazz’s 2028 first-round pick (whichever is least favorable).
  • Note: The terms on the 2026 swap will be extremely convoluted because other teams have the right to swap first-round picks with both Atlanta and Cleveland. Essentially, the Hawks will have the ability to swap the least favorable of their own 2026 first-round pick and the Spurs’ pick for whichever pick the Cavaliers end up with (either their own pick, the Jazz’s pick, or the Timberwolves’ pick).

The Bucks sneak below the second apron and move on from a three-time All-Star (story)

  • Bucks acquire Kyle Kuzma, Jericho Sims, either the Pistons’, Suns’, or Warriors’ 2025 second-round pick (whichever is second-most favorable; from Wizards), and a protected-second round pick (from Spurs).
  • Wizards acquire Khris Middleton, AJ Johnson, the draft rights to Mathias Lessort (from Knicks), the right to swap their own 2028 first-round pick for the Bucks’ 2028 first-round pick or the Trail Blazers’ 2028 first-round pick (whichever is least favorable), and cash ($1MM; from Bucks).
  • Knicks acquire Delon Wright, the draft rights to Hugo Besson (from Bucks), and cash ($2MM; from Bucks).
  • Spurs acquire Patrick Baldwin Jr. and cash ($4.13MM; from Bucks).
  • Note: If the Trail Blazers haven’t conveyed their lottery-protected 2025 first-round pick by 2027 and it lands outside the lottery in 2028, it would be ineligible to be swapped; in that scenario, the Wizards would simply have the right to swap their own 2028 first-round pick for the Bucks’ 2028 first-round pick.

The Lakers land their center of the present and future (story)

  • Lakers acquire Mark Williams.
  • Hornets acquire Dalton Knecht, Cam Reddish, the Lakers’ 2031 first-round pick, and the right to swap their 2030 first-round pick for the Lakers’ 2030 first-round pick.

The Grizzlies admit defeat on a prior trade for a Defensive Player of the Year (story)

The Mavericks and Sixers make a deal — then amend it (two stories)

  • Mavericks acquire Caleb Martin and the Sixers’ 2030 second-round pick.
  • Sixers acquire Quentin Grimes and either the Sixers’ or Nuggets’ 2025 second-round pick (whichever is most favorable).

The Kings add another Lithuanian center to their frontcourt (story)

  • Kings acquire Jonas Valanciunas.
  • Wizards acquire Sidy Cissoko, the Nuggets’ 2028 second-round pick (top-33 protected), and the Kings’ 2029 second-round pick.

The Suns find a taker for a big man no longer in their plans (story)

  • Hornets acquire Jusuf Nurkic and either the Suns’, Wizards’ (9-30 protected), Magic’s, or Grizzlies’ 2026 first-round pick (whichever is least favorable).
  • Suns acquire Cody Martin, Vasilije Micic, and a 2026 second-round pick.

The Wizards consolidate their draft assets (story)

  • Wizards acquire Reggie Jackson and either the Thunder’s, Rockets’ (top-four protected), or Clippers’ 2026 first-round pick (whichever is least favorable).
  • Sixers acquire Jared Butler (two-way), either the Warriors’ or Suns’ 2027 second-round pick (whichever is most favorable), the Warriors’ 2028 second-round pick, the Wizards’ 2030 second-round pick, and either the Suns’ or Trail Blazers’ 2030 second-round pick (whichever is most favorable).

The Clippers duck the tax… (story)

  • Clippers acquire Drew Eubanks and Patty Mills.
  • Jazz acquire P.J. Tucker, Mohamed Bamba, either the Clippers’ or Jazz’s 2030 second-round pick (whichever is least favorable), and cash ($852K).
  • Note: The Jazz had previously acquired the right to swap their own 2030 second-round pick for the Clippers’ 2030 second-rounder. They now control both picks.

… So do the Sixers … (story)

  • Pistons acquire KJ Martin, the Bucks’ 2027 second-round pick, and the Mavericks’ 2031 second-round pick.
  • Sixers acquire cash.

… And the Hawks … (story)

  • Rockets acquire Cody Zeller and the Rockets’ 2028 second-round pick.
  • Hawks acquire the draft rights to Alpha Kaba.

… And the Pelicans, who extend their NBA-high streak of non-taxpaying seasons (story)

  • Thunder acquire Daniel Theis and either the Pelicans’ or Magic’s 2031 second-round pick (whichever is least favorable).
  • Pelicans acquire cash ($1MM).

The Celtics chip away at their tax bill (story)

  • Rockets acquire Jaden Springer, either the Trail Blazers’ or Pelicans’ pick (whichever is least favorable; top-55 protected), and the Celtics’ 2030 second-round pick.
  • Celtics acquire the Rockets’ 2031 second-round pick (top-55 protected).

The Pacers create some extra breathing room below the tax line (story)

  • Raptors acquire James Wiseman and cash.
  • Pacers acquire the Raptors’ 2026 second-round pick (top-55 protected).

The Hornets and Thunder make us ask “why?” (story)

  • Hornets acquire the Suns’ 2029 second-round pick.
  • Thunder acquire the Nuggets’ 2030 second-round pick.

The following two trades have yet to be officially announced as of this article’s publication, but remain on track to be processed at some point early on Friday morning:

The Clippers and Hawks swap underperforming guards (story)

  • Clippers to acquire Bogdan Bogdanovic, the Timberwolves’ 2025 second-round pick, the Grizzlies’ 2026 second-round pick (43-60 protected), and their own 2027 second-round pick.
  • Hawks to acquire Terance Mann and Bones Hyland.

The Bucks part ways with their 2022 first-round pick (story)

Notable trade candidates who stayed put

Players waived on deadline day

Officially released:

Expected to be waived:

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