The Warriors and Suns began “secretly” talking about the possibility of a Kevin Durant trade early last week, according to Ramona Shelburne and Brian Windhorst of ESPN, who say that the star forward and his longtime manager and agent Rich Kleiman didn’t learn about those discussions until the two teams played one another last Friday.
By Saturday, the two teams were far enough along in negotiations that Durant and Stephen Curry touched base to talk about the idea. Shelburne and Windhorst hear from sources that Durant told Curry a reunion with the Warriors “didn’t feel right” and that this “wasn’t the time” for them to team up again.
While the Warriors were discouraged by Durant’s stance, they didn’t give up on making a deal at that point, hoping that Durant might change his tune once he learned how far down the road Phoenix had gotten in those discussions without informing him, per ESPN.
The Suns have internally conceded that it was a mistake not to loop Durant into the process earlier, Shelburne and Windhorst say. The former MVP has been described as “blindsided” by being so heavily involved in trade rumors this week after having expressed a desire to stay in Phoenix.
“We should’ve gone through (Kleiman),” a team source told ESPN.
As Shams Charania reported earlier today, the Warriors, Suns, and Heat discussed a potential multi-team trade that would’ve sent both Jimmy Butler and Jonathan Kuminga to Phoenix, with Durant going to Golden State. Shelburne and Windhorst provide more details on those conversations, reporting that the Wizards were involved as well, as we speculated on Wednesday.
The four teams were negotiating a trade that would have looked like this, according to ESPN:
- Durant to Golden State.
- Butler, Kuminga, Jonas Valanciunas, two first-round picks (from the Warriors), two second-round picks (one each from Miami and Golden State), and pick swaps to Phoenix.
- Andrew Wiggins, Dennis Schröder, Kyle Anderson, and the Cavaliers’ 2025 first-round pick (via Phoenix) to Miami.
There are some missing details there — among them, Jusuf Nurkic would’ve been involved and would’ve gone to the Wizards, who presumably would’ve sought at least a first-rounder from the Suns as a sweetener to take on that contract.
While it sounds like there was some momentum in those negotiations, the Heat ultimately weren’t sold on the deal. They sought the Warriors’ 2025 first-round pick rather than Cleveland’s, according to Shelburne and Windhorst, who say that Golden State also had some reservations about the Suns’ steep asking price for Durant.
With Durant standing firm on his stance that he had no desire to go to Golden State, the talks fell apart.
After those discussions ended, there was a window for the Heat to potentially acquire Durant in a trade that would send Butler to Phoenix. Durant would have been more open to playing in Miami than Golden State, sources tell ESPN, and the Suns and Heat traded “visions” of what a deal might look like, according to Barry Jackson of The Miami Herald.
However, the Suns were seeking a massive haul for Durant that included “a combination of talented young players and draft picks,” Jackson writes. According to both ESPN and the Herald, the Heat considered the price too steep and backed out, pivoting to a Butler deal with the Warriors that cut out Phoenix altogether.
The Suns were “deflated” by the outcome, according to Shelburne and Windhorst, who say that there were several times during the weeks leading up to Thursday’s deadline that Phoenix thought there might be a path to a Butler deal involving Bradley Beal.
However, sources tell ESPN that the Hawks and Wizards were believed to be the only teams considering taking on Beal, and it’s unclear whether he would’ve waived his no-trade clause for either team. The Suns reportedly never got close enough to a deal to approach Beal about it, eventually pivoting to exploring a Durant scenario without first informing the star forward.
As Windhorst noted on the latest Hoop Collective podcast, we’ll find out this coming summer whether those Suns trade talks involving Durant will sour him on the idea of remaining in Phoenix beyond this season.
According to Charania, one three-team framework involving the Heat would have seen Phoenix acquire 
While the 31-year-old guard had some positive moments for the Hornets to conclude 2023/24, he was largely outside of their rotation to open ’24/25 before injuries gave him an opportunity for playing time.
Only the Magic, Trail Blazers, Timberwolves and Nuggets didn’t make an in-season trade. The Nets wound up staying out of the days leading up to the deadline after completing their major moves earlier in the season. 
12:28 pm: The Suns will send 
Below are each team’s selections, sorted in order of pick:
Charania reiterates that Durant was caught off guard by seeing his name pop up in rumors and did not request to be traded. Durant will remain with the Suns for at least the rest of the 2024/25 season, but his future with the organization might be tenuous.