Trae Young Trade Notes: Possible Extension, Trade Bonus, TPE, More
Once the trade sending Trae Young to Washington is officially complete, the Wizards and their new starting point guard will be open to exploring a potential contract extension, but it won’t be “top of mind,” reports ESPN’s Ramona Shelburne (Twitter link).
As Shelburne explains, both the Wizards and Young may take the opportunity to evaluate the situation and the fit before making a decision on their long-term future together. That process could extend to the 2026/27 season, since Young holds a $49MM player option that he could pick up if he doesn’t sign an extension and doesn’t want to test the free agent market.
If Young were to sign an extension with the Wizards in the coming months, it would require him to turn down his option and replace it with a new deal starting in ’26/27. An agreement between the two sides could tack on a maximum of three years to the current season.
If Young picks up his option in June, he would be eligible during the offseason to sign an extension that begins in ’27/28 and adds up to four new seasons to his option year.
Here’s much more on the first trade of the 2025/26 NBA season:
- Young’s contract includes a 15% trade kicker, and there has been no indication that he won’t receive his bonus as part of the trade. However, trade bonuses don’t apply to option years and can’t increase a player’s salary beyond his maximum for that year. Young currently has a $45,999,660 cap hit for this season and his maximum salary would be $46,394,100, so if he receives his full bonus, he’ll get a $394,440 bump.
- The Hawks are sending out more salary than they’re taking back in the deal and will generate a small traded player exception as a result. That exception will be worth $1,357,994.
- Having cleared Young’s salary from their books for next season, the Hawks are considered likely to remain in pursuit of Mavericks big man Anthony Davis, ESPN’s Shams Charania said on Wednesday evening during an appearance on NBA Countdown (Twitter video link). As John Hollinger of The Athletic observes, CJ McCollum and Corey Kispert can’t have their salaries aggregated in a second trade prior to the February 5 deadline, so any Atlanta package for Davis ($54.1MM) would have to start with the expiring contracts of Kristaps Porzingis ($30.7MM) and Luke Kennard ($11MM), and it may have to include Zaccharie Risacher ($13.2MM) too.
- The Wizards will open up a roster spot once the trade is complete, and Keith Smith of Spotrac (Twitter link) suggests it could be used to promote two-way player Tristan Vukcevic to a standard multiyear contract. Washington may wait on that until after the trade deadline, since Vukcevic won’t hit his 50-game limit for another month or so, and maintaining roster flexibility could help the team accommodate another deadline deal.
- Kevin Pelton of ESPN thinks the trade could be a win-win for the Wizards and Hawks, giving both teams a grade of B for the deal. Zach Harper of The Athletic is far less bullish on the move from Atlanta’s perspective, assigning the Hawks a D-plus grade while giving Washington an A.
- McCollum told Chris Haynes of NBA on Prime (Twitter link) that he “loved” his brief time in D.C. but is looking forward to joining the Hawks. “(The Wizards’) organization was great to my family and I,” McCollum said. “(Executives) Michael Winger and Will (Dawkins) did everything they said they would and kept their word from the very beginning. Love the city and they’re doing things the right way over there. Excited to get to the A and get to work. Very familiar with their style of play. Love the ownership group and front office. Good group of players.”
Kings Rumors: Kuminga, Ranadive, Christie, Draft
The Kings are among the teams with interest in Warriors forward Jonathan Kuminga as the trade deadline nears, according to ESPN’s Anthony Slater. When Kuminga was a restricted free agent over the summer, Sacramento general manager Scott Perry visited him in Miami, and there’s still mutual interest in a partnership, sources tell Slater.
Slater hears from league sources that Golden State’s front office is exploring its options heading into the deadline and has sent out signals in recent days that it’s willing to hold onto Kuminga if an acceptable trade offer doesn’t happen. But Slater states that Kuminga will be available and that Perry contacted Warriors general manager Mike Dunleavy Jr. last week.
Perry was willing to part with a protected 2030 first-round pick during the offseason to acquire Kuminga, but Slater reports that he has “expressed reservations” about making that same offer now. Slater also says the Warriors won’t take back any long-term deals they perceive as having negative value and have no interest in Malik Monk, who’s owed $20.2MM next season and holds a $21.6MM player option for 2027/28.
Slater notes that a multi-team deal could make it easier for everyone to get what they want, pointing out that Keon Ellis‘ $2.3MM expiring contract is attracting interest around the league. In a separate story, Slater states that Ellis, who will become extension-eligible on February 9, still has many admirers among rival front offices and scouts.
There’s more from Sacramento:
- Kings owner Vivek Ranadive remains extremely involved in personnel decisions, Slater adds. He pushed former general manager Monte McNair and former assistant GM Wes Wilcox to increase their offer to Chicago for DeMar DeRozan in the 2024 offseason so Ranadive could walk DeRozan to their courtside seats during halftime of a Summer League game. That resulted in giving up a 2032 unprotected first-round pick to San Antonio that could be extremely valuable unless the Kings turn around their fortunes over the next six years. Ranadive gave DeRozan a three-year, $74MM contract that limits his value on the trade market. McNair also had apprehensions about last season’s decision to part with De’Aaron Fox in a three-team deal to acquire Zach LaVine, a player that Ranadive badly wanted.
- Lack of player-to-player accountability is seen as an issue in Sacramento, according to Slater. Veteran guard Dennis Schröder, who’s in his first season with the team, said it happens “here and there,” but not consistently. Domantas Sabonis expressed a similar sentiment, according to Slater, and pushed management to sign Russell Westbrook, his former teammate in Oklahoma City.
- Doug Christie only has one more guaranteed season left on his three-year contract, but team sources tell Slater that his job isn’t in jeopardy. Perry remains supportive of his head coach, saying, “He’s got an organization that’s behind him and believes that he will be there to help push us through and turn the corner.”
- Although the Kings have a lot of veterans to offer on the trade market, their high salaries may make them difficult to move, Slater adds. He suggests this summer’s draft pick is probably their most valuable asset, with Perry looking for positional size and defensive versatility and Christie wanting players who fit an up-tempo, physical style.
Raptors Notes: Murray-Boyles, Mamukelashvili, Ingram, Barnes
It’s easy to overlook Collin Murray-Boyles in a talented rookie class, but the Raptors power forward has started showing that he’s worthy of recognition, writes Michael Grange of Sportsnet. Murray-Boyles displayed his versatility in Monday’s win over Atlanta, finishing with 17 points, seven rebounds, seven assists, three steals and two blocks, making him the first rookie to reach those numbers in a single game since 1991. Grange notes that only three players overall have achieved that combination over the past decade.
“A common mistake is when a player comes in, you already have an idea of what he has to be,” coach Darko Rajakovic said. “Sometimes we as coaches just try to box them in. Obviously, there is a role and there is stuff you’ve got to do. There is stuff you’ve got to learn. We’re constantly learning about Collin, what he can do, how he’s learning, how he is picking up on things. It’s really impressive, his development. The opportunity he’s taking on right now, he’s doing impressive things for us.”
Murray-Boyles does the little things as well, Grange adds, such as getting loose balls, hitting the offensive boards and playing the passing lanes on defense. Averaging just 19.2 minutes per night, he’s not going to have the flashy numbers of some of his peers, but he finds satisfaction in being part of such a strong rookie class.
“Everybody’s finding their niche,” he said. “Everybody’s making an impact on whatever team they were picked. … We’re proud of what we’ve done so far.”
There’s more from Toronto:
- As a late second-round pick in 2021, Sandro Mamukelashvili has felt the need to prove himself since he arrived in the NBA, per Josh Lewenberg of TSN Sports. He’s finding ways to limit his self-doubts while enjoying a breakout season in his first year with Toronto. “It’s been tough because of the position I was in,” Mamukelashvili said. “It’s not like you have a lot of chances to make a mistake. When you’re a second rounder on a two-way (contract), you’re such an easy person to move. If they like somebody else, you’re the first one gone. … I was hard on myself because I put a lot of work in and nothing came easy for me.”
- Brandon Ingram left tonight’s game at Charlotte with a sprained right thumb, but X-rays were negative, Lewenberg relays (Twitter link).
- The decision to waive veteran center Mo Bamba on Tuesday leaves the Raptors $967K over the tax threshold and $717K away from the first apron, according to ESPN’s Bobby Marks (Twitter link). Toronto is not operating under a hard cap.
- Eric Koreen of The Athletic breaks down the roster into trade tiers, with Scottie Barnes as the only player listed as “practically untouchable.”
LeBron James To Miss Wednesday’s Game, Reaches Limit To Qualify For Awards
Lakers star LeBron James has achieved All-NBA honors for the past 21 seasons, but the league’s 65-game rule may bring that streak to an end.
James has been downgraded to out for Wednesday’s game at San Antonio due to left foot joint arthritis and right sciatica, according to ESPN’s Dave McMenamin (Twitter link). L.A. is on the second night of a back-to-back, and James logged 33 minutes in Tuesday’s win at New Orleans.
Tonight will mark the 17th missed game of the season for the 41-year-old James, who has been experiencing physical issues in his 23rd NBA season. He didn’t make his debut until November 18 after sitting out the first 14 games while recovering from sciatica. This will be just the third time he hasn’t been in the lineup since returning, but he’s already in a position where he would have to play every game for the rest of the season to reach 65.
That’s extremely unlikely considering James’ age and his importance to the Lakers in the playoffs, and it doesn’t appear that he’s concerned about it. James acknowledged Tuesday night that back-to-backs will be an iffy proposition moving forward.
“Every back-to-back for the rest of the season is TBD,” he said (Twitter video link from McMenamin). “I am 41, I got the most minutes in NBA history … bank it right now.”
Coach JJ Redick said he hopes James will be able to suit up in both nights of back-to-backs at some point, McMenamin tweets, but he was feeling pain in his left foot following Tuesday’s contest.
James was a second-team All-NBA selection last season and finished sixth in MVP voting as he appeared in 70 games and averaged 24.4 points, 7.8 rebounds and 8.2 assists in 34.9 minutes per night. His production has fallen to 21.7 PPG, 5.4 RPG and 6.8 APG so far this season.
He has experienced injury issues before, playing in just 45 games in 2020/21, 56 games in 2021/22 and 55 games in 2022/23. However, the NBA hadn’t instituted its 65-game minimum at the time, and his performance was strong enough to convince voters that he was worthy of All-NBA honors.
Spurs star Victor Wembanyama, who had been listed as questionable with a left knee bone bruise, has been cleared to play, according to Jeff McDonald of The San Antonio Express-News (Twitter link).
NBA’s Future With Main Street Sports Group In Doubt After Missed Payments
The future of the NBA’s relationship with Main Street Sports Group is uncertain after the company failed to make its January payments to several teams, sources tell Tom Friend of Sports Business Journal.
Main Street, which is in the process of being sold to DAZN, also missed a payment to Major League Baseball’s St. Louis Cardinals last month. According to Friend, that prompted the NBA league office to contact all 13 teams doing business with the company to warn them that their January payments may not arrive as expected. Friend reports that at least several of those teams didn’t receive scheduled rights fee payments this week.
The missed deadline won’t have an immediate effect, as telecasts will continue on Main Street’s FanDuel Sports Networks. Sources tell Friend that default notices have already been sent to Main Street, which will have a 15-day cure period once they are received.
“Main Street Sports Group is in dialogue with its team and league partners around the timing of rights payments as we progress discussions with strategic partners to further enhance our long-term capital position,” a company spokesperson said in a statement to Sports Business Journal.
According to Friend’s sources, the 13 teams have safeguards in their contracts with Main Street that will make them the primary payees from the company’s creditors if it were to go out of business.
Friend hears that Main Street lost about $200MM in 2025 and owes the teams a combined $180MM for this season. The potential sale depends on several conditions, he adds, such as DAZN wanting the teams’ digital rights, hoping to negotiate extensions through at least the 2028/29 season and trying to get teams to accept lower fees for their broadcast rights.
If the sale can’t be completed in January, sources tell Friend that Main Street officials plan to shut down the business after the NBA and NHL seasons conclude, but they hope to continue game broadcasts until then. However, team sources aren’t convinced that Main Street has the financial means to keep producing the games, so the 13 NBA teams will need to develop emergency backup plans.
“The league has the capacity to put them on, to stream them, and all the teams are certainly equipped to go over-the-air to do it,” one team source tells Friend. “But now the revenue gets crushed. Hopefully a lot of people have already gotten paid at least 30 to 50% of this year’s revenue. But you’ll never get the rest of that money back, you’ll never recoup the money.’’
Friend notes that if Main Street dissolves, digital rights would revert back to the teams, which would make a national streaming Regional Sports Network much easier to accomplish. If DAZN completes the deal, not much will change except for the brand name. However, the company will have to address the issue of extensions, as contracts with the Grizzlies, Hornets and Magic expire after the current season, and deals with the Thunder, Clippers, Timberwolves, Pacers, Hawks, Heat, Cavaliers and Bucks only run through 2026/27.
According to Friend, here are the 13 teams under contract with Main Street and their rights fees payments for 2025/26:
- Atlanta Hawks: $32M
- Charlotte Hornets: $16.57M
- Cleveland Cavaliers: $34M
- Detroit Pistons: $25.78M
- Indiana Pacers: $17.47M
- Los Angeles Clippers: $34.59M
- Memphis Grizzlies: $11.41M
- Miami Heat: $55M
- Milwaukee Bucks: $24M
- Minnesota Timberwolves: $24.88M
- Oklahoma City Thunder: $16.67M
- Orlando Magic: $26.19M
- San Antonio Spurs: $19.92M
Hawks Have Interest In Corey Kispert
The Hawks have interest in Wizards wing Corey Kispert, according to NBA insider Marc Stein, who reports (via Twitter) that if the two teams make a trade involving Trae Young, Atlanta hopes to acquire Kispert in the deal.
Known as a sharpshooter, Kispert has been limited to 19 games so far this season due to thumb and hamstring injuries. When healthy, he has averaged 9.2 points, 2.3 rebounds, and 1.7 assists in 19.5 minutes per contest, with a .496/.395/.765 shooting line.
The Wizards are operating far below the luxury tax line and are in position to take on some salary in a trade, but in order to match Young’s $46MM cap hit, they would have to send out more than CJ McCollum and his $30.7MM expiring contract in order to make the trade legal. Washington could get there by including other expiring deals, starting with Malaki Branham and his $5MM salary, but Kispert ($14MM) would also do the trick.
Notably, Kispert is in the first season of a four-year, $54MM rookie scale extension that is fully guaranteed for two more seasons beyond this one, so if the Hawks were to acquire him in a deal for Young, it would cut into their cap flexibility going forward. Still, Atlanta would be adding a solid role player on the wing while still creating significant savings by removing Young’s $49MM player option for 2026/27 from its books.
Although Washington is said to be Young’s preferred landing spot, the Hawks still have four weeks to see if any other viable suitors emerge for the veteran point guard, so a deal between the two Southeast teams may not be imminent. The Wizards and Hawks would also need to figure out what the draft compensation would look like, which might not be simple.
Still, Stein says (via Twitter) that if the teams do eventually make a trade involving Young, the players going from Washington to Atlanta appear increasingly likely to be McCollum and Kispert.
Interestingly, Kispert has been ruled out for Wednesday’s game in Philadelphia due to left hamstring injury management. Kispert has missed six of Washington’s past seven contests due to that hamstring issue, but wasn’t listed on today’s injury report at all until the 6:00 pm Eastern time update. McCollum will also miss his first game of the season tonight due to right quad soreness.
Heat Guarantee Terry Rozier’s Contract
The Heat decided against waiving guard Terry Rozier on Wednesday, per Tim Reynolds of The Associated Press (Twitter link), which means his full cap hit for the 2025/26 season is now guaranteed.
Rozier’s $26,643,031 salary had been partially guaranteed for $24,924,126, so Miami could have realized just over $1.7MM in cap savings by waiving him. That would’ve opened up a second spot on the Heat’s 15-man roster and given the team the ability to add two players on standard contracts without surpassing the luxury tax line.
However, despite the fact that Rozier has been inactive since being arrested on federal gambling charges and was placed on leave by the league in October, the Heat determined it made more sense to keep him on the roster.
That decision suggests the team wants to maintain the ability to include his expiring contract in a trade for salary-matching purposes. The NBA reportedly hasn’t confirmed one way or the other whether Miami would be permitted to do so, but the team is said to be “confident” that the league wouldn’t block a deal that includes Rozier’s contract.
[RELATED: Attorneys For Terry Rozier Seek Dismissal Of Federal Charges]
While Rozier’s cap hit is now guaranteed, his salary is still being withheld by the NBA in an escrow-type interest-bearing account while he remains on leave. That decision is being fought by the Players Association, with a ruling on the grievance anticipated this month.
Rozier had plenty of company among the players with non-guaranteed salaries who held onto their roster spots today. According to ESPN’s Bobby Marks (Twitter link), not a single player on a standard non-guaranteed contract was placed on waivers on Wednesday, ahead of the salary guarantee deadline.
Three two-way players were cut today: Mark Sears of the Bucks, Malik Williams of the Hawks, and Tosan Evbuomwan of the Knicks.
Bucks Waive Mark Sears
The Bucks waived guard Mark Sears on Wednesday, according to NBA.com’s official transaction log. The move ensures that Milwaukee won’t be on the hook for Sears’ full salary, having cut him prior to the league-wide salary guarantee date.
Sears, a college star at Alabama, reached an agreement with the Bucks on a two-way deal shortly after going undrafted in June and finalized that agreement in July.
The six-foot guard remained on that two-way contract for the first half of this season but didn’t have a regular role in the Bucks’ rotation, logging a total of 26 minutes in seven NBA appearances. He racked up 22 points in those 26 minutes, but was playing almost exclusively in garbage time.
In 12 games for the Wisconsin Herd at the G League level, Sears averaged 16.2 points, 5.4 assists, and 2.8 assists in 31.0 minutes per contest, posting a shooting line of .422/.328/.839.
The Bucks are now one of three NBA teams with a two-way contract slot open, joining the Hawks and Knicks.
Knicks Waive Tosan Evbuomwan
4:06 pm: The Knicks have officially waived Evbuomwan, the team confirmed (Twitter link).
9:10 am: The Knicks intend to waive forward Tosan Evbuomwan, according to Ian Begley of SNY.tv (Twitter link). Evbuomwan is on a two-way contract with New York and will be cut before his salary becomes fully guaranteed.
A former Ivy League Player of the Year at Princeton, Evbuomwan went undrafted in 2023 and has spent the two-and-a-half seasons since then bouncing back and forth between the NBA and G League.
The 6’8″ forward signed 10-day contracts with the Grizzlies and Pistons as a rookie before finishing that season on a two-way deal with Detroit, then spent the majority of his second season on a two-way deal with Brooklyn. Evbuomwan was waived by the Nets this past August and signed a new two-way contract with the Knicks in September.
While Evbuomwan has made 50 total appearances at the NBA level, only five of them have come since he joined the Knicks, and he logged just eight minutes of garbage-time action in those five outings for New York. The 24-year-old did make 12 appearances this season for the Westchester Knicks in the G League, averaging 17.7 points, 6.6 rebounds, 3.9 assists, and 1.3 steals in 35.6 minutes per game, with a shooting line of .427/.263/.729.
Although Evbuomwan will only receive a prorated portion of his $636,435 salary, he earned a bonus worth $265,467 when the Knicks won the NBA Cup last month, which will nearly make up the difference.
Evbuomwan will become a free agent on Friday if he goes unclaimed on waivers, while the Knicks will open up a two-way contract slot on their roster alongside wing Kevin McCullar Jr. and center Trey Jemison.
Siegel’s Latest: Sabonis, Raptors, Bucks, Warriors, Nets, White, Lakers
After buying low on Brandon Ingram at last season’s trade deadline, could the Raptors seek out a similar move this February? According to Brett Siegel of ClutchPoints, Kings center Domantas Sabonis is one name that has been continually linked to Toronto. The Raptors’ interest in Sabonis was first reported in December by Jake Fischer and has since been corroborated by several other outlets.
Malik Monk is another player who has intrigued Toronto in the past, Siegel writes, noting that Kings general manager Scott Perry drafted current Raptors veterans RJ Barrett and Immanuel Quickley when he was in New York’s front office. While there’s no indication that the two teams have seriously discussed such a deal involving those four players, Siegel suggests that sort of framework could be worth keeping an eye on.
If Toronto does end up moving Barrett in that sort of bigger move, he’d likely draw interest from several teams besides Sacramento, Siegel writes, given the lack of high-level wing talent on the trade market. The Bucks, for example, expressed interest in Barrett last season, per Siegel.
Here’s more from Siegel’s latest NBA rumor round-up:
- The Warriors have internally discussed many possible center trade targets, including Myles Turner and Bobby Portis of the Bucks, per Siegel. A number of teams around the NBA are curious about Milwaukee’s plans for Portis, Siegel continues, with the Hornets and Suns also considered possible suitors, perhaps in multi-team scenarios.
- Suns guard Jalen Green is among the players the Bucks have inquired on, but Phoenix isn’t interested in moving him at this point, says Siegel. Given that Green has only played two games this season due to hamstring issues, the Suns view him as a sort of trade-deadline addition themselves, Siegel explains.
- Although the Nets are fielding inquiries on players like Michael Porter Jr. and Nic Claxton, they aren’t actively looking to move them. In order for Brooklyn to consider a deal involving either player, the starting point for a package would have to be a “true” unprotected first-round pick, Siegel writes.
- The Mavericks and the Clippers are among the teams with interest in Bulls guard Coby White, sources tell Siegel, who reiterates that the Timberwolves also remain interested and notes that some league insiders have speculated that the Hawks could be a destination for White in the event of a Trae Young trade.
- With higher-level options like Herbert Jones potentially out of reach, players like Bulls forward Isaac Okoro, Kings guard Keon Ellis, and Nets wing Haywood Highsmith are considered more realistic possibilities for a Lakers team seeking defensive help, according to Siegel. Mavericks forward Naji Marshall is another possible trade candidate to add to that group if Dallas commits to becoming a seller.