Grizzlies Plan To Trade Ja Morant In Offseason
Two-time All-Star Ja Morant was among the most notable trade candidates who wasn’t on the move this week, but the Grizzlies‘ decision to hang onto him after trading away Jaren Jackson Jr. shouldn’t be viewed as a change in the team’s direction, writes Joe Vardon of The Athletic.
League sources tell Vardon that the Grizzlies will revisit Morant trade talks during the 2026 offseason and intend to move him at that time.
Vardon’s report comes as no surprise. Memphis acquired a total of seven first-round picks and a first-round swap in trades involving Desmond Bane (last summer) and Jackson (on Tuesday), and has clearly pivoted to rebuilding around its younger core, led by Cedric Coward, Zach Edey, and Jaylen Wells.
Still, it will be interesting to see how Memphis handles Morant in the next couple months. The 26-year-old is currently sidelined due to a sprained elbow, but that injury likely isn’t significant enough to end his season.
The Grizzlies – who have slipped out of the play-in picture at 20-29 – may be inclined to tank down the stretch in the hopes of maximizing their draft lottery position, which could mean holding out Morant for longer than they normally would. But they’ll have to weigh the merit of that approach against the possible benefits of reinserting the point guard into their lineup and giving him the opportunity to rebuild his trade value — at least to some extent.
Chris Mannix of SI.com wrote earlier this week that “availability, attitude and diminished production” are among the concerns potential suitors had about Morant, and it’s safe to assume his maximum-salary contract – which will pay him $87MM for the two seasons after this one – is another red flag. He wouldn’t be able to assuage all of those concerns with a strong finish to the season, but it might help improve offers from potential trade partners this summer.
Those offers were reportedly too underwhelming for the Grizzlies to seriously consider making a deal prior to Thursday’s deadline, despite the fact that they signaled they’d be willing to take on long-term salary if it came attached to stronger draft compensation.
The Heat, Kings, Bucks, and Timberwolves were linked to Morant this week. That list of possible suitors could grow – or at least change – this summer, depending on which direction certain teams take and which clubs become more motivated to shake up their rosters as a result of early postseason exits.
Bucks Waive Nigel Hayes-Davis
The Bucks have requested waivers on forward Nigel Hayes-Davis shortly after acquiring him from Phoenix in a three-team trade, the team announced in a press release.
Hayes-Davis made his NBA debut way back in 2018, but was out of the league for seven years before signing with the Suns during the 2025 offseason. The 6’7″ forward established himself as a standout in the EuroLeague, helping Fenerbahce win a title and earning Final Four MVP honors last spring.
While Hayes-Davis parlayed his success overseas into a new NBA contract, his time in Phoenix didn’t play out as he hoped. The 31-year-old averaged just 7.2 minutes per game in 27 appearances off the bench. He played primarily in garbage time and recording 1.3 points and 1.2 rebounds per contest.
A return to Europe is a possibility for Hayes-Davis if he doesn’t catch on with a new NBA team right away. For what it’s worth, he remains eligible to sign a two-way contract but can’t rejoin the Suns.
As for the Bucks, they added salary to their books and didn’t acquire any additional assets when they swapped Cole Anthony and Amir Coffey for Ousmane Dieng and Hayes-Davis ahead of Thursday’s deadline. Given that Hayes-Davis is already off the roster, it seems safe to assume that they like Dieng.
Bulls Acquire Nick Richards In Three-Team Trade Involving Suns, Bucks
9:48 pm: The three-team trade is official, the Bulls announced (via Twitter).
1:58 pm: The Bucks and Suns have expanded the trade, adding the Bulls to the mix, Charania tweets. Richards will head to Chicago instead of Milwaukee with Ousmane Dieng going to Milwaukee.
Richards could see more playing time with the Bulls, considering they dealt Nikola Vucevic this week. Dieng wound up in Chicago earlier this week when the Thunder traded him to Charlotte, which then re-routed him to the Windy City in the Coby White deal.
Dieng appeared in 27 games off the bench for Oklahoma City. He’s making $6.67MM this season and will be a restricted free agent this summer.
11:08 am: The Bucks and Suns have reached an agreement on a trade that will send guard Cole Anthony and wing Amir Coffey to Phoenix in exchange for center Nick Richards and forward Nigel Hayes-Davis, sources tell Shams Charania of ESPN (Twitter link).
The news of the deal comes right on the heels of Charania’s report that the Bucks were informing Giannis Antetokounmpo suitors that the star forward will stay put and that they’re moving onto other trade opportunities.
This deal will probably have a minimal impact in terms of on-court performance but it does impact salary cap sheets for this season.
For the Suns, it’s a major financial boon. Phoenix drops under the luxury tax line by roughly $2.5MM and also creates a $5MM trade exception by shipping out Richards, cap expert Yossi Gozlan tweets. Richards has an expiring contract, as does Hayes-Davis, who is making just over $2MM with no future obligations.
Anthony is making just under $2.67MM this season, while Coffey has a $2.87MM salary. Both are also on expiring deals with matching cap hits of $2,296,274.
According to Phoenix radio host John Gambadoro of Arizona Sports 98.7 (Twitter link), the trade creates a pathway for the Suns to promote two-way player Jamaree Bouyea to their standard roster. Bouyea is averaging 7.0 points in 15.3 minutes per game through 25 appearances.
Phoenix was already carrying 14 players on standard contracts, one less than the maximum, but the trade will give the team more financial flexibility to promote Bouyea and remain below the tax. It remains to be seen whether the Suns will retain both Anthony and Coffey, but they could create another roster opening if they waive one of them.
Anthony has appeared in 35 games off the bench this season, averaging 6.7 points and 3.5 assists in 15.1 minutes per game. Coffey has seen action in 30 games, averaging 2.4 points in 8.8 minutes per contest. Anthony might be the more valuable piece, as he could fill a role as a backup point.
Richards started 34 of 36 games for the Suns last season after being acquired from Phoenix but his role has diminished this season. He’s appeared in 28 games, averaging 3.2 points and 3.3 rebounds in 9.1 minutes. Hayes-Davis has seen even less court time, averaging 1.3 points in 7.2 minutes over 27 games.
While Hayes-Davis seems unlikely to play a major role in Milwaukee and is probably a candidate to be released, Richards could see rotation minutes in the team’s frontcourt.
Giannis Antetokounmpo Rumors: Bucks, Heat, Wolves, Lakers
Although they entertained trade offers for the superstar forward, the Bucks ultimately decided to keep Giannis Antetokounmpo past Thursday’s deadline, pushing a decision on his future into the offseason.
The two-time MVP made an interesting social media post on Thursday afternoon (Twitter link). He wrote, “Legends don’t chase. They attract ” alongside a video clip from “The Wolf of Wall Street” in which Leonardo DiCaprio’s character repeatedly says, “I’m not leaving,” among other obscenities.
Sources close to Antetokounmpo reiterated to Chris Haynes of NBA on Prime (Twitter video link) that the 31-year-old “never requested a trade.”
“Obviously (Antetokounmpo) has been applying pressure over the last couple of years in hopes that the Bucks would turn this roster into a championship (contender),” Haynes said. “He wants to contend for a title for years and years in his prime.
“But right now he’s happy. I was told that he’s committed and focused on getting back healthy from that calf injury. He’s progressing really well, to the point where he might even play in the All-Star game on February 15.”
Here are some more Giannis-related rumors:
- A source tells Barry Jackson of The Miami Herald that the Heat were informed “very late” Wednesday night that Milwaukee would likely be retaining Antetokounmpo beyond the deadline (Twitter links). According to Jackson, Milwaukee considered the Heat’s offer and Miami was willing to “do what it took” to acquire the nine-time All-NBA member, but the Bucks preferred to wait and see what types of packages they could get in the summer. While the Warriors reportedly got the impression earlier this week the Bucks didn’t plan to trade Giannis, that was not was not how the Heat viewed the situation until late Wednesday, Jackson adds.
- One team that was in pursuit of Giannis told Ramona Shelburne of ESPN that Milwaukee never gave a threshold it wanted met in a deal, leaving the unnamed club skeptical that the Bucks ever intended to trade Giannis this week (Twitter video link).
- Antetokounmpo recently made it known he was interested in teaming up with Anthony Edwards on the Timberwolves, team and league sources tell Jon Krawczynski of The Athletic. According to Krawczynski, the Wolves canvassed the league to see what they could get for multiple key rotation players, but talks with the Bucks never reached an advanced stage. Krawczysnki hears that while new owners Marc Lore and Alex Rodriguez were intrigued by the possibility of a Giannis trade, they also weren’t convinced that dealing away Jaden McDaniels, Naz Reid and Joan Beringer would have been a “prudent” decision, given Antetokounmpo’s age and injury history.
- The Lakers intend to make a “hard push” for Antetokounmpo in the summer, sources tell Broderick Turner of The Los Angeles Times. The Lakers will have three first-round picks to trade in the offseason, as opposed to the one they had access to prior to the deadline. Turner hears New York and Miami are Giannis’ preferred landing spots, but the 13-year veteran hasn’t ruled out the Lakers as a possibility.
Warriors Deal Kuminga, Hield To Hawks For Porzingis
February 5: The trade is official, the Warriors announced (via Twitter) The Hawks confirmed the deal as well in a press release.
February 4: The Warriors will trade Jonathan Kuminga and Buddy Hield to the Hawks in exchange for Kristaps Porzingis, sources tell ESPN’s Shams Charania (Twitter link). It’s a straight player exchange with no draft picks involved, according to Jake Fischer of The Stein Line (Twitter link).
The deal ends Kuminga’s long saga with Golden State, which was highlighted by occasional moments of brilliance mixed with frustration over not being able to land a consistent starting role or regular playing time during his five seasons with the team. He was hoping for an exit during restricted free agency last summer, but he didn’t receive an offer sheet and the Warriors shut down any idea of a sign-and-trade despite interest from Sacramento and Phoenix.
Kuminga received several contract offers from Golden State during the process, but he was reluctant to agree to anything that included a team option. He relented shortly before the start of training camp and accepted a deal with a $22.5MM salary for this season and a $24.3MM team option for 2026/27 that will now be controlled by Atlanta.
That agreement also featured a trade kicker, which would be worth roughly $1.3MM at this point, notes ESPN’s Bobby Marks (Twitter link).
Over the past few weeks, several teams expressed interest in trading for Kuminga, who has only been available for 20 games this season, but the Warriors were hesitant to take back long-term money in any deal. Instead they get Porzingis, whose $30.7MM expiring contract will give them financial flexibility for the offseason.
Golden State may be interested in a longer arrangement with the 30-year-old big man, as Charania reports that they’ve viewed Porzingis as a potential target for the past two months in their search for another stretch five. Porzingis is a career 36.6% shooter from long distance and played a vital role on Boston’s championship team two years ago, though he has been limited to 17 games this season and is currently sidelined with an illness, which has been a recurring issue for the past year.
After missing an extended stretch of time down the stretch and in the playoffs last season, Porzingis was diagnosed with postural orthostatic tachycardia syndrome (POTS). He said in the fall that he was confident about managing the condition, but he has had repeated absences due to illness this season.
Hield, 33, gives Atlanta another outside shooter after sending Vit Krejci to Portland earlier this week. He’s under contract for $9.7MM next season, but only $3MM of that is guaranteed until the day after the draft.
The Hawks could decide to waive both players and have $25MM in cap space this summer, according to Yossi Gozlan of The Third Apron (Twitter link). He adds that they could also use Kuminga’s Non-Bird rights to give him a new contract worth up to $116MM over four years — they likely wouldn’t have to go that high if the plan is to re-sign the forward.
Parting with Kuminga likely signals the end of the Warriors’ pursuit of Giannis Antetokounmpo before the trade deadline. Marc Stein of The Stein Line notes (via Twitter) that he was a central part of Golden State’s offer, which likely reduces the Bucks‘ options to Miami and Minnesota if they’re determined to move him on Thursday.
Brett Siegel of ClutchPoints reports that the Warriors contacted Milwaukee several times this week with an offer for Antetokounmpo centered around Kuminga, Draymond Green, Brandin Podziemski and multiple first-round picks. After receiving a “clear indication” that the Bucks wouldn’t accept that deal, they pivoted to their pursuit of Porzingis.
Warriors Notes: JJJ, Kuminga, Giannis, Butler, Green
The Warriors made two trades prior to Thursday’s deadline, sending Jonathan Kuminga and Buddy Hield to Atlanta for Kristaps Porzingis, then dealing Trayce Jackson-Davis to Toronto for the Lakers’ 2026 second-round pick. Porzingis and Giannis Antetokounmpo weren’t the only noteworthy big men Golden State had been eyeing, according to Ramona Shelburne of ESPN (Twitter video link).
“A couple weeks ago, the Warriors had some pretty extensive conversations with the Memphis Grizzlies about Jaren Jackson Jr.,” Shelburne said on NBA Today. “ … I think the Warriors were talking about (trading) two first-round picks (for Jackson)…but then Giannis was maybe available and so they tabled those conversations because they needed those picks in the Giannis trade, and then Utah came in with three-first round picks (for Jackson).”
Here’s more on the Warriors:
- Golden State selected Kuminga seventh overall in the 2021 draft. In a statement to ESPN’s Anthony Slater (Twitter link), head coach Steve Kerr discussed the challenges Kuminga faced during his four-and-a-half years with the team. “It was a tough situation for everybody, given how raw he was when he got here and given we were still playing for championships,” Kerr said. “He needed the runway to make more mistakes. He needed the experience of being in the NBA and understanding what it was about. For him, it was very tough not being allowed to make those mistakes. For us as a staff, it was tricky trying to develop him while we were trying to win. I think it’s as simple as that. Everybody liked him. I liked him. He’s a really good guy. Very personable. Well-liked in the locker room. Just a tough fit.”
- The Warriors were relieved to move on from the drama created by Kuminga’s tenure, writes Nick Friedell of The Athletic. They’re also “somewhat optimistic” they’ll be able to revisit Giannis trade talks with the Bucks in the summer, according to Friedell.
- Jimmy Butler will undergo surgery to repair the torn ACL in his right knee on February 9, the team announced today (Twitter link via Friedell). The six-time All-Star forward suffered the injury on Jan. 19.
- Veteran forward/center Draymond Green will remain with the Warriors past the deadline, Slater confirms. The team thinks Porzingis — assuming he’s healthy — will be a good fit alongside Green in the frontcourt, Slater writes. Green was part of Golden State’s offer for Antetokounmpo, but there was never any momentum on a deal, Slater adds.
Trade Rumors: Zubac, Gafford, Bucks, Lakers, Gordon
Ivica Zubac and Daniel Gafford are the Pacers‘ top targets in their search for a starting center, sources tell Jake Fischer of The Stein Line (Twitter link). However, the Clippers are asking for a high price in draft assets to part with Zubac.
Brett Siegel of ClutchPoints hears that a Zubac deal before the deadline is “extremely unlikely,” adding that it would take at least two unprotected first-round picks and a young player to land him (Twitter link).
Indiana is searching for a reliable center in anticipation of becoming a title contender again when Tyrese Haliburton returns next season. Zubac is under contract for $19.6MM and $21MM over the next two years, which would be an affordable solution for the Pacers. Gafford is signed for the next three seasons at $17.3MM, $18.1MM and $19MM, but it’s not clear how motivated the Mavericks are to move him.
Here are some more trade rumors as the deadline draws closer:
- In the wake of their decision to keep Giannis Antetokounmpo past the deadline, the Bucks notified several teams on Thursday that they’re willing to take on unwanted minimal contracts in return for draft assets, Fischer adds (Twitter link). He also states that Milwaukee is still on the lookout for buying opportunities to upgrade its roster.
- The Lakers are continuing to explore their options “around the margins,” per Dave McMenamin of ESPN (Twitter link). However, L.A. is reluctant to make any move that will reduce its projected $60MM in cap space for the offseason.
- The Sixers are looking for a taker for veteran guard Eric Gordon and his $3.6MM expiring deal, according to Tony Jones of The Athletic (Twitter link). Several teams are involved in the discussion, Jones adds.
Bucks Tell Teams They’re Keeping Giannis Antetokounmpo
The Bucks have informed interested teams that they’re hanging onto forward Giannis Antetokounmpo through Thursday’s trade deadline and will begin focusing on separate trade opportunities, reports ESPN’s Shams Charania (Twitter link).
The decision removes the top attraction from this year’s pre-deadline trade market and sets up an eventful offseason when rival teams will be able to make more tempting offers.
The Warriors, Timberwolves, Heat and Knicks were believed to be the most active suitors for Antetokounmpo, but the Bucks were signaling to teams over the past few days that they weren’t ready to part with their franchise player, according to Brett Siegel of ClutchPoints (Twitter link).
As a result, those teams began focusing on other moves, with Golden State acquiring Kristaps Porzingis, Minnesota dealing for Ayo Dosunmu and New York swapping Guerschon Yabusele for Dalen Terry.
ESPN’s Jason Collier reported earlier today that Milwaukee wasn’t feeling pressure to find a deal before the deadline, and Jake Fischer of The Stein Line got the same impression, with one rival executive telling him the Bucks “were never serious” about moving Antetokounmpo prior to this summer (Twitter link).
While holding onto Antetokounmpo could increase his eventual trade value, it also gives him more control over the process. He’s only under contract for one more season at $58.5MM and holds a $62.8MM player option for 2027/28. Being able to opt out next summer means he’ll have some leverage to quash a potential deal if he’s not being sent to a place that he wants to go.
Antetokounmpo will become eligible for a four-year, $275MM extension on October 1 if he remains in Milwaukee, notes Bobby Marks of ESPN (Twitter link). If he’s traded before then, he’ll have to wait six months from the day the deal is finalized until he can sign that maximum extension (he could get a slightly shorter, less lucrative deal within the six-month window).
Antetokounmpo is currently sidelined due to a calf strain, and with the Bucks lingering in 12th place in the East at 20-29, it may be in their best interest to have him sit out the rest of the season to maximize the value of their first-round pick and avoid the risk of injury heading into the summer. However, league sources tell Eric Nehm of The Athletic that Antetokounmpo wants to return to action once he’s fully recovered in hopes of helping the team secure a play-in spot.
Antetokounmpo has been sending out mixed signals about his desire to stay in Milwaukee since trade rumors began to heat up. He said Tuesday that he loves the city and would prefer to retire as a Buck, but he also suggested that he’s not fully convinced that the team can quickly be rebuilt into a title contender, adding that he has to look at his options.
Multiple reports have stated that the Bucks are seeking young talent and draft assets in an Antetokounmpo deal. Several teams that currently have limited draft picks available will be able to increase their offers beginning this June.
Bucks Not Feeling Pressure To Trade Giannis Antetokounmpo
The Bucks aren’t feeling pressure to trade Giannis Antetokounmpo ahead of Thursday’s deadline, sources tell Jamal Collier of ESPN.
Although an Antetokounmpo deal in the coming hours remains a possibility, several signs are pointing toward the saga carrying over into the offseason as the 2:00 pm CT deadline nears, Collier writes.
The Knicks and Warriors appear to have backed off their pursuit of the two-time MVP, leaving the Heat, Timberwolves, and any potential mystery teams as the suitors still in the running. But even those clubs still involved have become increasingly dubious that a trade will happen today, Collier notes.
It’s not uncommon for a team to seriously explore the possibility of trading a star player at the deadline and then revisit those conversations in the offseason. The Pelicans memorably took that route with Anthony Davis in 2019 before trading him to the Lakers that summer. The Suns took a similar path with Kevin Durant a year ago, discussing deals in January and February and then holding onto him until July, when he was sent to Houston.
While this is the closest the Bucks have ever come to trading Antetokounmpo, it’s also still not an absolute lock that he’ll be wearing a new jersey by opening night of next season.
According to Collier, Milwaukee has continued to explore the trade market for opportunities to upgrade its roster, hoping to find a buy-low opportunity with a trade partner looking to shed long-term salary. The Bucks have been linked to Grizzlies point guard Ja Morant, for instance.
Antetokounmpo said in a conversation with the Milwaukee Journal Sentinel this week that he still holds great affinity for Milwaukee and would prefer to remain with the Bucks if they could give him a legitimate chance to compete for a championship. He reiterated that message during a separate discussion with Eric Nehm of The Athletic when asked if he’d commit to another season in Milwaukee if the Bucks could build a roster capable of winning consistently.
“You’re saying that if they can convince me to stay within the team, and the next year that we can compete? Oh yeah, 1,000 percent,” Antetokounmpo said. “One million percent.”
Still, it will be extremely challenging for the Bucks – who have a 20-29 record this season – to improve their roster that significantly, given their limited trade assets. The team currently has just one tradable first-round pick, in either 2031 or 2032.
The Bucks may also not be motivated to continue pursuing win-now moves if Antetokounmpo isn’t willing to commit to them beyond next season — he becomes extension-eligible this October and could reach unrestricted free agency as soon as the summer of 2027 if he doesn’t sign a new deal before then.
Trade Rumors: Giannis, Morant, Alvarado, Knicks, Raptors
While Thursday is usually the busiest day of the NBA’s trade deadline week, Tuesday and Wednesday have been more active than usual this season, observes Fred Katz of The Athletic.
There are a number of reasons why that may be the case, but one front office executive who spoke to Katz believes teams are reacting to what happened at last year’s deadline, when physical exams affected two trade agreements. The Sixers and Mavericks slightly reworked the terms of their Caleb Martin/Quentin Grimes deal due to concerns about Martin’s physical, while the Lakers and Hornets rescinded their Mark Williams trade as a result of Williams’ physical.
The Philadelphia/Dallas deal was agreed to and finalized on the Tuesday before the deadline, which allowed the two teams to conduct physical and then amend the terms on Thursday. However, because Los Angeles and Charlotte finalized their deal on Thursday, the issues with Williams’ physical didn’t arise until after the deadline, when negotiations couldn’t be reopened. At that point, the Lakers had just two options: approve the deal anyway or nix it altogether.
Several teams making deals at this year’s deadline may have those situations in the backs of their mind, Katz explains, prompting them to get their business done a little earlier in the week.
Here are more trade rumors from around the NBA, with the deadline just over five hours away:
- The Timberwolves and Heat don’t believe they’re out of the running for Giannis Antetokounmpo, but like Golden State, they remain skeptical that the Bucks are ready to get a deal done today, reports Jake Fischer of The Stein Line (Twitter link). Fischer, who previously identified Milwaukee as a team to watch on the Ja Morant front, also continues to hear that the Bucks remain engaged with the Grizzlies about the star point guard.
- Pelicans guard Jose Alvarado remains on the Knicks‘ radar, according to Ian Begley of SNY.tv (Twitter link). While New York reportedly didn’t have much luck selling New Orleans on a deal that included Guerschon Yabusele, the team may have more success with Dalen Terry‘s expiring contract after agreeing to send Yabusele to Chicago. The Knicks have also expressed interest in Yves Missi, but the Pelicans have reportedly insisted on a first-round pick for him to this point. New York’s only tradable first-rounder is Washington’s top-eight protected 2026 pick, which will likely turn into second-rounders.
- It’s been a busy week for the Bulls, who have finalized three trades and agreed to two more, but they may not be done dealing yet. According to Joe Cowley of The Chicago Sun-Times, the Bulls’ front office was still talking to teams as of Wednesday night, with a “focus” on the Pelicans and Rockets. Chicago has been linked to Zion Williamson and Missi from New Orleans and Tari Eason from Houston, Cowley notes. However, he says the Bulls haven’t made real progress on the Pelicans’ players, and reports have indicated the Rockets are very resistant to moving Eason.
- After agreeing to two minor deals on Wednesday to duck the luxury tax and add Trayce Jackson-Davis, the Raptors are unlikely to make a major move ahead of Thursday’s deadline, Michael Grange of Sportsnet (Twitter video link) and TSN’s Josh Lewenberg (Twitter video link) said during TV appearances. Toronto has been linked to several notable big men, but some (Anthony Davis and Jaren Jackson Jr.) have been traded to other teams, while Domantas Sabonis appears likely to remain in Sacramento.