Siegel’s Latest: MPJ, Warriors, Murphy, Giannis, Wolves, Magic
The Warriors had internal discussions about the possibility of pursuing Nets forward Michael Porter Jr. but received indications that the asking price would be higher than they’re comfortable with, according to Brett Siegel of ClutchPoints. The Lakers also aren’t expected to pursue Porter, Siegel writes, since they’re not looking to take on that sort of a big-money contract at this time (Porter is owed $40.8MM in 2026/27).
The Nets have conveyed to potential trade partners that they’re comfortable keeping Porter beyond this season, per Siegel, so if their asking price isn’t met, there’s a good chance he’ll remain in Brooklyn through the trade deadline.
While a Porter deal doesn’t seem likely, Siegel says the Warriors remain on the lookout for wings and have been linked to veterans like DeMar DeRozan of the Kings and old friend Andrew Wiggins, who was sent to the Heat in last season’s Jimmy Butler trade. It remains to be seen whether Miami will look to move Wiggins, but there’s still “a lot of mutual love” between the former No. 1 overall pick and the Warriors, who won a title together in 2022, Siegel notes.
Of course, the Warriors’ interest in Pelicans wing Trey Murphy III has been an open secret for months, and they’ve made him multiple calls about him this season, sources tell ClutchPoints.
Rivals believe New Orleans’ asking price for Murphy would be multiple first-round picks and a young player or two, says Siegel, but it’s unclear if the Pelicans would move him even if that price is met — they’ve reportedly told teams they don’t intend to. The Raptors are another team that has inquired on Murphy, Siegel reports.
Here are a few more highlights from Siegel’s latest league-wide rumor roundup:
- Although Giannis Antetokounmpo has said on the record that he has no intention of ever asking the Bucks to trade him, many people around the NBA still believe it’s only a matter of time until the two sides split, Siegel writes. There’s a sense it could happen in the offseason, which is one reason why several clubs want to hang onto their top trade assets. “It really seems like he’s made up his mind already,” an Eastern Conference executive told ClutchPoints. “But this is Giannis we are talking about, and he’s very careful with the words he picks when talking to the media because he doesn’t want to be painted as the villain in Milwaukee. And if we are being honest, he shouldn’t be, no matter if he requests a trade or not. He may not have directly requested a trade, but everyone knows what’s going on there. It’s basically just who will break the silence and actually say it is time to move on. Giannis doesn’t want to be that guy, and that’s understandable.”
- The Timberwolves are widely expected to address their backcourt in a deadline deal, with Magic guard Tyus Jones, Kings guard Malik Monk, and Hornets guard Collin Sexton among the players they’ve been connected to, per Siegel. Charlotte has conveyed that it would want at least one asset of value (ie. a draft pick or young player) in a Sexton deal, Siegel adds.
- There’s a belief that the Magic are open to moving Jones, forward Jonathan Isaac, and/or center Goga Bitadze, according to Siegel, who suggests Orlando could acquire second-round capital and 2026/27 cap relief in a deal involving Bitadze. The Magic are operating about $5.6MM above the luxury tax line, so they could look to duck the tax altogether by trading one or more of those players, whose salaries range from $7MM (for Jones) to $15MM (for Isaac).
Pacers, Pelicans Have Discussed Mathurin, Missi
The Pacers and Pelicans have explored various trade scenarios that would send fourth-year guard Bennedict Mathurin to New Orleans and second-year center Yves Missi to Indiana, reports Jake Fischer of The Stein Line (Substack link).
Fischer classifies the Mathurin/Missi possibility as an “incomplete deal framework,” but confirms that New Orleans has some interest in Mathurin, whom the Pacers have made available as they seek a starting-caliber center. According to Fischer, Indiana is still exploring the market to see if it can extract a stronger return for the 23-year-old Canadian, who is headed for restricted free agency this summer.
Brett Siegel of ClutchPoints and Grant Afseth of Dallas Hoops Journal previously wrote about the Pelicans’ interest in Mathurin and discussed the possibility of a deal involving Missi. Michael Scotto of HoopsHype first reported earlier in the month that the Pacers had checked in on the Pelicans big man.
Mathurin is averaging a career-high 17.8 points in 32.2 minutes per game on .423/.366/.876 shooting during the final year of his rookie contract. He has been affected by a right thumb sprain and turf toe, which have limited him to 24 appearances so far and have limited his effectiveness when he has been available. Mathurin is in line for a new contract this offseason and the Pacers – who already have $177MM in guaranteed money on their books – may not be in position to give him the sort of deal he’ll be seeking.
As for Missi, he had a promising rookie year in which he averaged 9.1 points, 8.2 rebounds, and 1.3 blocks in 26.8 minutes per game across 73 outings (67 starts). However, his playing time has dropped off this season after New Orleans drafted Derik Queen in June. The 21-year-old has averaged 5.5 PPG and 5.5 RPG in 18.8 MPG and has shifted to a reserve role.
Missi is earning $3.4MM in the second year of his rookie contract, while Mathurin has a cap hit of $9.2MM, so the Pelicans – who are just $2MM away from the luxury tax line and $3.6MM below the first apron – would need to add more salary to make a deal work.
The Pacers are hardly the only team eyeing Missi. The Bulls are also a suitor, Fischer confirms, noting that the big man appears to be generating the most interest of any of the Pelicans who are actually available. The Knicks are another team that has inquired about Missi, according to Scotto (Twitter video link).
Rockets Gauging Dorian Finney-Smith’s Trade Value?
Houston is exploring the trade market in search of a potential backcourt upgrade, according to Brett Siegel of ClutchPoints, who hears from sources that the Rockets have looked into what sort of return they could get for forward Dorian Finney-Smith and second-round draft capital.
A veteran three-and-D wing who signed with Houston last summer, Finney-Smith missed the first two months of the season while recovering from left ankle surgery. Since making his debut on Christmas Day, the 32-year-old has played a very limited role, logging between 13 and 18 minutes in each of his first 12 outings.
Finney-Smith has averaged just 2.9 points and 2.8 rebounds in 15.5 minutes per night so far as a Rocket, and he’s earning $12.7MM this season, with a guaranteed $13.3MM salary for 2026/27 — he’s under contract through 2028/29, but the final two years of his deal are non-guaranteed.
As a result, Finney-Smith’s value on the trade market will likely be pretty limited, though it’s worth noting that his overall impact isn’t always reflected by his counting stats. While it’s a small sample, Houston has a +9.5 net rating and a 102.1 defensive rating during his 186 minutes on the court.
Jose Alvarado of the Pelicans and Scotty Pippen Jr. of the Grizzlies are among the guards whom league personnel have identified as possible trade targets for Houston, per ClutchPoints. Siegel also mentions Bulls guards Coby White and Ayo Dosunmu as potential players of interest for the Rockets, though it would take more than Finney-Smith and second-round picks to acquire either one.
The Grizzlies haven’t given any indication they want to move Pippen, Siegel acknowledges. Additionally, any deal involving Pippen and Finney-Smith would require more outgoing salary from Memphis’ side, since the Grizzlies guard is earning just $2.3MM.
Alvarado, meanwhile, is considered the Pelican who is most likely to be dealt and has generated interest from multiple teams, including the Knicks and Pistons, Siegel writes. Atlanta and Indiana were also linked to Alvarado earlier this season.
Like Pippen, Alvarado has a relatively small cap hit ($4.5MM), so unless more pieces are added, a deal sending Finney-Smith to New Orleans wouldn’t be practical for the Pelicans, who are operating just $2MM below the luxury tax line. They don’t want to surpass that threshold or take back long-term money in a trade, per Siegel.
As the Rockets consider their options on the trade market, they’re not looking to trade veteran point guard Fred VanVleet, who is recovering from a torn ACL, and they’re also unlikely to make a move that would reduce Reed Sheppard‘s role, Siegel adds.
Pacific Notes: Kuminga, Clippers, Lakers, Leonard, Ayton
Jonathan Kuminga‘s best chance to move on from the Warriors by the trade deadline is to keep taking advantage of his newfound opportunity, Sam Gordon of The San Francisco Chronicle writes in a subscriber-only story. A season-ending ACL injury to Jimmy Butler has enabled Kuminga to rejoin the rotation, and he responded Tuesday with 20 points and five rebounds in 21 minutes.
League sources tell Gordon that Kuminga, who issued a trade demand last week, hasn’t changed his mind about wanting out. He hasn’t received consistent playing time during his five years with the organization, and he continues to believe he could be more productive with another team where he could be a regular starter at power forward.
Gordon confirms that the Kings, who pursued a sign-and-trade last summer when Kuminga was a restricted free agent, remain the “most interested suitor.” Gordon also lists the Lakers, Mavericks and Bulls as teams that could make serious bids over the next two weeks.
General manager Mike Dunleavy Jr. confirmed to Gordon that the Warriors would consider giving up future first-round picks in a potential deal if they believe the return justifies it. He also said they’re willing to accept contracts that run past next season, as Moses Moody is currently their only player with guaranteed money for 2027/28. Gordon adds that the front office is approaching the trade market with the hope of landing an established star like Bucks forward Giannis Antetokounmpo or a rising talent such as Pelicans wing Trey Murphy III.
“There’s still time left here,” Dunleavy responded when asked about Kuminga. “He’s on our roster. I know the trade has been requested, but nothing is imminent and things in this league can change in a heartbeat.”
There’s more from the Pacific Division:
- The Clippers and Lakers, who will square off Thursday night at Inuit Dome, have moved in different directions since their last meeting on December 20, notes Janis Carr of The Orange County Register (subscription required). After a disastrous start, the Clippers put together a 13-2 stretch and have a slight lead in the race for the West’s final play-in spot. The Lakers have dropped five of their last eight and are heading into the second leg of an eight-game road trip that’s necessitated by the Grammy Awards. “I never been a part of a road trip that’s eight games, but it’s definitely very important to get the first one,” Luka Doncic said after Tuesday’s victory at Denver. “It’s never easy to play here. And the way we stayed together the whole game was impressive. And I think that builds us up.”
- Kawhi Leonard is listed as questionable on the Clippers‘ injury report, three days after being sent home from the team’s road trip for treatment on his left knee. Leonard is dealing with a contusion that he suffered in a January 10 game at Detroit.
- Deandre Ayton didn’t return to Tuesday’s contest after being poked in the eye before halftime (Twitter link from ESPN’s Dave McMenamin), but he’s not on the Lakers‘ injury report for Thursday.
Injury Notes: Giddey, Reid, H. Jones, Whitmore
Bulls guard Josh Giddey was upgraded to questionable ahead of Tuesday’s contest against the Clippers before being ruled out (Twitter links via K.C. Johnson of the Chicago Sports Network). Giddey, who is working his way back from a strained left hamstring, could return to action on Thursday in Minnesota, head coach Billy Donovan said.
Forward Patrick Williams is dealing with a right ankle sprain and will also be out Tuesday. He’s considered day-to-day, per Johnson.
Here are some more injury updates from around the NBA:
- Timberwolves big man Naz Reid was forced to exit Saturday’s loss at San Antonio after just five minutes due to soreness in his left shoulder. However, the injury doesn’t appear to be serious — he was initially questionable for Tuesday’s game in Utah but has been upgraded to available, per the league’s injury report.
- Defensive stalwart Herbert Jones has been upgraded to questionable ahead of Wednesday’s game vs. Detroit, the Pelicans announced in a press release. Jones, who has popped up in several rumors this season but has reportedly been made unavailable in trade talks, has missed 14 of New Orleans’ last 15 games with a right ankle sprain.
- While Wizards forward Cam Whitmore will miss the remainder of the 2025/26 season due to a blood clot in his right shoulder, he joined the team on the bench during Monday’s loss to the Clippers, which is a good sign for his long-term health, tweets Josh Robbins of The Athletic. The former first-round pick will be eligible for an extension in the offseason and will make $5.46MM in ’26/27, which is the final season of his rookie scale contract.
Eastern Notes: Thomas, Bulls, Tatum, Bucks
All signs point to Cam Thomas‘ days in Brooklyn being numbered, according to Brian Lewis of The New York Post (subscription required), who says most league observers he spoke to about the subject expect Thomas and the Nets to go their separate ways either at the trade deadline or in the offseason.
While a midseason trade remains possible, Thomas owns a de facto no-trade clause after accepting his one-year, $6MM qualifying offer as a restricted free agent in 2025, so he would have to sign off on any deal involving him. The 24-year-old’s value is also at a low point, Lewis notes, given that he has spent much of the past season-and-a-half battling hamstring issues and is shooting a career-worst 40.5% from the field this season.
Whether or not Thomas is traded by February 5, he’ll be an unrestricted free agent after the season, and he’ll have new representation at that time. After hiring agent Alex Saratsis of Octagon in 2024, Thomas has moved on from Saratsis and signed with Thad Foucher of Wasserman, Lewis confirms.
Here are a few more items of interest from around the Eastern Conference:
- Checking in on the Bulls‘ trade options ahead of the deadline, Joe Cowley of The Chicago Sun-Times confirms that the team has talked to the Pelicans about second-year center Yves Missi and says the Timberwolves have inquired on guards Ayo Dosunmu and Tre Jones in addition to Coby White. It could be tricky for the Bulls to make a deal for Missi since they’re not looking to part with draft assets, Cowley writes.
- The Celtics have defied expectations by remaining a legitimate contender this season even without All-NBA forward Jayson Tatum, writes Gary Washburn of The Boston Globe (subscription required). The team has a posted a 26-16 record so far, and while there’s still no formal timeline for Tatum’s return from an Achilles tear, he continues to shown signs of progress — on Monday, he went through a one-hour workout with media in attendance, per Jay King of The Athletic. Head coach Joe Mazzulla deferred to the Celtics’ medical and sports science staff on Tatum, but said it was “interesting” that the 27-year-old did Monday’s on-court drills in front of reporters after having done most of his rehab work behind closed doors.
- The Bucks snapped a three-game losing streak on Monday in Atlanta after head coach Doc Rivers replaced guard Kevin Porter Jr. with forward Kyle Kuzma in his starting five. The results were mixed – the new lineup was outscored by one point during its 20 minutes on the court – and Rivers admitted he’s not sure if he’ll stick with it, but he explained why he wanted to try a different look. “Just size. We thought putting size in the lineup would be great,” Rivers said, according to Eric Nehm of The Athletic. “And when you do that, you have to separate the guards. And I mean, our second unit was all plus tonight, so I thought it went really well for us. Pete Nance was phenomenal.”
Raptors Rumors: Webster, Morant, AD, Agbaji, Sharpe
There have been rumblings around the NBA that Raptors general manager Bobby Webster – who is in the last year of his contract – is facing some pressure to accelerate his team’s contention timeline by making a significant in-season deal, according to Michael Grange of Sportsnet.ca. However, Grange hears that’s not actually the case.
Multiple sources tell Sportsnet that Webster and the Raptors are already having “meaningful” discussions about a contract extension and that the team’s head of basketball operations has a very strong relationship with Keith Pelley, the president of Maple Leaf Sports & Entertainment (the Raptors’ parent company).
“There’s a really good vibe,” one of Grange’s sources said of the relationship between Webster and Raptors ownership. “Everyone is comfortable with each other. The communication is good. It seems like there is a big-picture view of the whole thing. It’s kind of (an) old-school approach to dealing with management. There’s a lot of runway, and no rush. Everything has cooled off (since former Raptors president Masai Ujiri was let go last June). They’ve really come a long way, considering there was an executive search this past summer.”
Following Ujiri’s exit from Toronto, the Raptors conducted a search for a new lead basketball executive but ultimately decided to promote Webster, who had worked in the front office under Ujiri for over a decade. Pelley has no regrets about that decision and told Grange that Webster’s contract status won’t affect the team’s in-season decisions on the trade market.
“There is no pressure regarding the trade deadline or his contract,” Pelley said. “And he is 100 per cent aware of that. The team is moving in the right direction and I’m convinced that Bobby will make the right moves, at the right time, to make us better. This team under Bobby’s direction, will contend for championships.”
We have more on the Raptors:
- While Toronto has been linked to Ja Morant since word broke that Memphis is considering trading him, one insider who spoke to Grange insisted that the Raptors won’t be a serious suitor for the Grizzlies point guard. Grange also expresses skepticism about the likelihood of an Anthony Davis trade between the Mavericks and Raptors, noting that the big man – who will turn 33 in March – is the sort of win-now target who probably doesn’t make sense for Toronto right now.
- To that point, while Grange doesn’t rule out the possibility of the team making a big move sooner rather than later, he hears from multiple sources that the Raptors are prepared to be patient and may be more likely to take a big swing a year from now. As Grange observes, Toronto has a fairly young roster and head coach Darko Rajakovic has repeatedly used the word “rebuild” this season when discussing his team’s progress. While I wouldn’t describe this Raptors team – which is operating in luxury tax territory – as rebuilding, Grange’s point is that the Raptors believe there’s more room for internal development and aren’t in a rush to go all-in right away.
- Ducking the tax and adding frontcourt help still appear to be the primary deadline goals for the Raptors, according to Grange, who reiterates that wing Ochai Agbaji and his $6.4MM expiring contract is the team’s top trade candidate.
- In addition to Magic big man Goga Bitadze, who was connected to the Raptors earlier in the season, Nets center Day’Ron Sharpe is another potential frontcourt target to watch for Toronto, Grange says. He has also heard from multiple sources that second-year Pelicans center Yves Missi is available, though the Raptors’ level of interest in Missi is unclear.
Wizards Rumors: Zion, Kuminga, Salary Dumps, Middleton, More
The Wizards‘ trades for Cam Whitmore last summer and Trae Young earlier this month exhibit the front office’s willingness to roll the dice on high-upside players in need of a change of scenery, according to Josh Robbins of The Athletic, who hears from league sources that Washington will likely be keeping an eye out for similar opportunities at this season’s trade deadline.
Multiple sources who spoke to Robbins identified Pelicans forward Zion Williamson as one player who fits that bill. While New Orleans has reportedly told rival teams that Williamson won’t be traded this season, people around the league are skeptical that the former No. 1 overall pick is truly off limits, Robbins explains.
According to Robbins, the general consensus is that the Wizards wouldn’t give up their most valuable assets – including any of their own first-round picks – for a player like Williamson, but their “least favorable” 2026 first-rounder (which will likely be Oklahoma City’s pick) could hold some appeal to the Pelicans.
Robbins stresses that a Wizards trade for Williamson is a long shot and that the idea is mostly based on speculation, but he notes that the Pelicans forward was mentioned by several of the sources he talked to. Another player who fits into the same “distressed asset” category would be Jonathan Kuminga, Robbins adds, though multiple recent reports suggested Washington may not be among the most serious suitors for the Warriors forward.
Here’s more on the Wizards:
- Although the Wizards will monitor the market for another buy-low opportunity like the one for Young, they’re more likely to operate as a “dumping ground for assets” at the deadline, Robbins writes. In other words, Washington – which is operating roughly $30MM below the luxury tax line – would be willing to take on unwanted multiyear contracts if they come attached to young players or draft picks.
- Robbins points to Raptors guard Immanuel Quickley ($32.5MM cap hit this season) and Trail Blazers forward Jerami Grant ($32MM) as a couple examples of players with long-term contracts that their respective teams are looking to move off of. Quickley has three seasons on his deal beyond this one, while Grant has two more (one guaranteed year plus a player option). However, the sense is that neither Toronto nor Portland wants long-term salary relief badly enough to send out draft assets with Quickley or Grant in exchange for Khris Middleton‘s $33MM expiring contract. The Raptors and Blazers would prefer to use those contracts in deals that actually upgrade their rosters, per Robbins. “I think any smart front office would first obviously use those salaries to get better,” one rival team official told The Athletic.
- Most league sources who spoke to Robbins believe the most likely outcome with Middleton is that he remains in D.C. through the trade deadline and then emerges as a buyout candidate.
- According to Robbins, the Wizards will be reluctant to make a trade that would interfere with the development of any of their most important young players, such as big man Alex Sarr, forward Kyshawn George, guards Tre Johnson and Bub Carrington, and wing Bilal Coulibaly. However, Washington has no obvious long-term answer at power forward and should be more open to pursuing players at that position.
- Assuming they don’t acquire this sort of player at the trade deadline, the Wizards are expected to explore the free agent market during the offseason for a big man who can improve the club’s defensive rebounding and provides more rim protection, Robbins reports.
Walker On Whether The Pelicans Should Pursue Morant
- New Orleans Times-Picayune columnist Rod Walker weighs the pros and cons of the Pelicans pursuing a Ja Morant trade. While he admits he’s “not completely sold on the idea,” Walker says the Pelicans should consider a deal with division rival Memphis if they can acquire the two-time All-Star point guard at a heavy discount. Michael Scotto of HoopsHype recently reported that the Pels have a level of interest in Morant, Walker notes.
Injury Notes: Reid, Giddey, M. Wagner, Alvarado, H. Jones
Big man Naz Reid, who was starting in place of Rudy Gobert, was ruled out after playing just five minutes in Saturday’s loss at San Antonio due to soreness in his left shoulder, the Timberwolves announced (via Twitter).
It’s unclear if Reid, the 2024 Sixth Man of the Year, will miss additional time as a result of the shoulder injury.
The 26-year-old forward/center had been playing some of his best basketball of the season in the four games leading up to Saturday, averaging 21.5 points, 7.0 rebounds, 2.8 assists, 1.0 steal and 1.0 block per night on .604/.577/.700 shooting during that brief stretch (29.8 minutes per contest).
Here are a few more injury updates from around the NBA:
- Bulls guard Josh Giddey has been assigned to the G League’s Windy City Bulls as he works his way back from a left hamstring strain, per the team (Twitter link). Assuming Sunday’s practice goes well, Giddey should be back in action either Tuesday against the Clippers or Thursday at Minnesota, tweets K.C. Johnson of the Chicago Sports Network.
- While there’s no indication that he experienced a setback, Magic center Moritz Wagner was ruled out of Sunday’s game vs. Memphis with what the team called left knee injury management (Twitter link). The German big man just made his season debut last Sunday after missing most of 2024/25 with a torn ACL in his left knee.
- A pair of trade candidates for the Pelicans continue to be sidelined with injuries. Guard Jose Alvarado will miss his seventh consecutive game Sunday at Houston due to a left oblique strain, while forward Herbert Jones remains out with a right ankle sprain (link to injury report). Jones, who made the All-Defensive First Team in 2023/24, will miss his 14th game as a result of the injury.