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Heat Officially Trade Jimmy Butler To Warriors In Five-Team Deal

February 6th, 2025 at 7:32pm CST by Luke Adams

The five-team blockbuster sending Jimmy Butler from the Heat to the Warriors is now official, according to press releases from multiple clubs involved in the trade. The terms of the deal, which also includes the Jazz, Pistons, and Raptors, are as follows:

  • Warriors acquire 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; exact details TBD), either the Heat’s or Pacers’ 2031 second-round pick (whichever is most favorable; from Heat), and cash (from Heat).
  • Raptors acquire P.J. Tucker, the Lakers’ 2026 second-round pick (from Heat), and cash (from Heat).

Utah waived Jalen Hood-Schifino in order to acquire two players while sending one out, as we detailed earlier. They’re also expected to cut Richardson.

The deal wraps up a saga that first began on December 10 when word broke that the Heat were open to listening to offers for Butler. By Christmas Day, Butler was said to prefer a trade out of Miami, and a little over a week later he formally asked the team to move him.

The situation only escalated from there, with the Heat repeatedly suspending Butler for conduct detrimental to the team and withholding services. He was serving an indefinite team-imposed suspension when news broke on Wednesday that the Warriors had struck a deal to acquire him.

Butler, who will be teaming up in Golden State with longtime Warriors stars Stephen Curry and Draymond Green, has reportedly already agreed to a two-year, maximum-salary extension with the team, as we outlined in our original story on the trade. We also published full stories on two side deals involving the Heat and Raptors and Pistons and Jazz that were folded into this larger trade structure.

The latest word, according to Anthony Slater of The Athletic (Twitter link), is that Saturday is the target date for Butler’s Warriors debut. Golden State will play in Chicago that night.

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Jazz To Waive Josh Richardson, Jalen Hood-Schifino

February 6th, 2025 at 3:12pm CST by Arthur Hill

After being involved in two mega-deals over the past week, the Jazz will part with two of the players they received, sources tell Andy Larsen of The Salt Lake Tribune (Twitter link), who says the team plans to waive Josh Richardson and Jalen Hood-Schifino.

Richardson is being re-routed to Utah in the Jimmy Butler trade, along with KJ Martin, whom the Jazz plan to keep, according to Larsen. Richardson has a $3MM expiring contract, so Utah won’t be out much money by letting him go. The 31-year-old swingman appeared in just eight games with Miami prior to being traded.

Utah acquired Hood-Schifino over the weekend by helping to facilitate the massive trade that sent Luka Doncic to the Lakers. L.A. had already declined the third-year option on the 2023 first-round pick, so Utah won’t have to pay him more than the balance of his $3.9MM salary for the rest of the season.

Both players will become unrestricted free agents once they clear waivers and will be eligible to sign with just about any team. Richardson won’t be able to rejoin the Heat, while Hood-Schifino will be ineligible to re-sign with the Lakers.

The Jazz will face an offseason decision on Martin, whose $8MM contract for 2025/26 is non-guaranteed. The 24-year-old forward has been out of action since December 23 due to a foot injury.

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Sixers Trade KJ Martin, Two Second-Rounders To Pistons

February 6th, 2025 at 2:53pm CST by Rory Maher

FEBRUARY 6: The trade is official, according to a press release from the Sixers, who received cash considerations in the deal. Martin was acquired using the Pistons’ cap room and will be flipped to Utah as part of the Jimmy Butler multi-team trade, as we outlined in a separate story.

FEBRUARY 5: The Sixers are trading forward KJ Martin and a pair of second-round picks to the Pistons, sources tell Keith Pompey of The Philadelphia Inquirer (Twitter link).

According to Derek Bodner of PHLY Sports (Twitter link), Philadelphia is sending Detroit a 2027 second-rounder via Milwaukee, as well as Dallas’ 2031 selection.

Martin, 24, was listed as out on Tuesday due to trade pending. Subsequent reports indicated that he was expected to be moved on Wednesday, which has now come to fruition.

Marc Stein reports (via Twitter) that the Pistons are expected acquire Martin using their room exception. The room exception is worth $7,983,000 in 2024/25, while Martin makes just under that total ($7,975,000).

Detroit would have to use its remaining $14MM in cap space before dipping into the room exception, so this presumably won’t be the only trade the team makes. This deal suggests the front office is focused more on the future than the present, but it’s possible Detroit could thread the needle and find win-now help while still acquiring draft assets in the process.

The No. 52 pick of the 2020 draft, Martin spent his first three NBA seasons in Houston prior to being traded to the Clippers in a five-team deal in the 2023 offseason. He only played two games for Los Angeles, having been sent to Philadelphia in November 2023 as part of the James Harden blockbuster.

After playing a modest role for the Sixers in 2023/24, Martin re-signed with the club on a two-year, $16MM deal that was widely viewed as being completed for future trade purposes. The second year is fully non-guaranteed, so the high-flying forward certainly isn’t a lock to remain with Detroit going forward.

However, since the 76ers have struggled in ’24/25 – they currently sit outside of the East’s play-in tournament at 20-29 – they ended up dumping Martin’s contract instead of using it as a way to try and improve the roster, making the decision to bump up his salary last summer look like a mistake in retrospect.

As cap expert Yossi Gozlan observes (Twitter link), by shedding Martin’s salary and completing a separate trade with Dallas on Tuesday, the 76ers have saved $40MM+ when accounting for payroll, tax payments and dipping below the luxury tax line. They’ll now receive a tax distribution valued at roughly $12-14MM instead of being a taxpayer.

Since they’re well below the first tax apron, they’ll also be able to add players on the buyout market, regardless of the player’s pre-waiver salary.

Martin hasn’t seen action since Dec. 23 due to a foot injury. He has appeared in 24 games this season (seven starts), averaging 6.4 points and 3.0 rebounds in 20.0 minutes per game.

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Pistons To Acquire Dennis Schröder

February 6th, 2025 at 1:49pm CST by Arthur Hill

The Jazz agreed to take Dennis Schröder in the four-team Jimmy Butler trade, but he’s expected to wind up with the Pistons, sources tell Omari Sankofa II of The Detroit Free Press (Twitter link). Jake Fischer of The Stein Line and Chris Haynes both confirm Sankofa’s report.

Utah will receive KJ Martin, Josh Richardson and a 2028 second-round pick in return, a source tells Fischer (Twitter link). The Pistons initially took Richardson from Miami in the Butler deal and agreed to acquire Martin from the Sixers on Wednesday.

It’s possible the Martin deal with Philadelphia will get folded into the Butler trade. Otherwise, it appears the Pistons will complete their acquisition of Martin first, taking him into cap room. Once that’s done, Detroit, Utah, Golden State and Miami can officially pull the trigger on the Butler deal.

Counting the Jazz, this will be the fourth team of the season for Schröder, who was traded from Brooklyn to Golden State in mid-December. The Warriors were counting on him to stabilize their backcourt, but he turned out to be an unreliable shooter, connecting at just 37.5% from the field and 32.2% from three-point range in 24 games.

Schröder had been expecting to stay in the Bay Area and recently signed a new lease, according to Marc J. Spears of Andscape (Twitter link). He learned that he had been traded after Wednesday’s pre-game warm-up, and now he’s on the move again.

He should have an opportunity to play a regular role in Detroit, where the Pistons have been on the lookout for another ball-handler and play-maker since Jaden Ivey broke his fibula last month.

Schröder’s $13MM contract is expiring, so the Pistons will have to decide this summer whether to make a long-term commitment. Richardson’s $3MM deal is also expiring, while Martin has an $8MM non-guaranteed contract for next season.

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Trade Rumors: Johnson, Martin, Sixers, Lakers, Jazz

February 5th, 2025 at 10:28am CST by Luke Adams

It seems increasingly likely that Cameron Johnson will remain in Brooklyn beyond the trade deadline, according to Brian Lewis of The New York Post, who has consistently heard that the Nets are willing to field calls about the veteran forward but aren’t actively shopping him.

While the Nets moved quickly this season to trade Dennis Schröder and Dorian Finney-Smith, both of whom can reach unrestricted free agency this summer, Johnson is under contract for two more years beyond this one, so there’s no urgency in Brooklyn to move off of him at this point — especially since the team still projects to have substantial cap room for next season even with Johnson’s $20.5MM salary on the books.

Ian Begley of SNY.tv also reported on Tuesday that a Johnson trade may not happen this week.

We have more trade rumors from around the NBA:

  • There’s a chance that KJ Martin, whom the Pistons agreed to acquire from Philadelphia, could be rerouted to another team prior to Thursday’s trade deadline, tweets Omari Sankofa II of The Detroit Free Press. If Detroit were to acquire Martin using cap space rather than the room exception, his salary could be aggregated with one or more other players in a subsequent deal.
  • According to Marc Stein and Jake Fischer of The Stein Line (Substack link), Andre Drummond, Eric Gordon, and Guerschon Yabusele are among the veterans who continue to draw interest for the Sixers, who already traded Caleb Martin in addition to KJ Martin. However, Philadelphia is reluctant to move Yabusele, preferring to find a way to retain him beyond his current one-year, minimum-salary contract, Stein and Fischer say.
  • Grant Afseth of RG.org takes a look at the Lakers‘ hunt for another center, suggesting that – despite Rob Pelinka‘s comments downplaying the urgency to find more than a stop-gap – the team is still considering a wide range of possible targets.
  • Tony Jones of The Athletic checks in on the Jazz‘s plans ahead of the trade deadline, writing that John Collins and Jordan Clarkson are considered more available than Collin Sexton and especially Walker Kessler. Utah values Sexton and has set a “very high” asking price for Kessler, Jones explains.
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Sixers’ KJ Martin Expected To Be Traded

February 4th, 2025 at 7:03pm CST by Dana Gauruder

KJ Martin was listed as out by the Sixers on Tuesday due to trade pending, Kyle Nuebeck of PHLY Sports tweets.

The Sixers are weighing multiple trade options for Martin and a deal is expected to be finalized on Wednesday, Stein Line contributor Jake Fischer tweets. Michael Scotto of HoopsHype (Twitter link) hears the same thing.

Martin hasn’t seen action since Dec. 23 due to a foot injury. He has appeared in 24 games this season (seven starts), averaging 6.4 points and 3.0 rebounds in 20.0 minutes per game. He appeared in 58 games with Philadelphia last season.

Martin is making $7.98MM this season. His $8.03MM salary for next season is non-guaranteed, which should appeal to teams looking to clear salary on next season’s cap.

According to Neubeck (Twitter link), the deal is expected to be about financial flexibility for the 76ers, which suggests it’s a cost-cutting move. Philadelphia is currently operating about $6.5MM above the tax line and could get below that threshold by sending Martin to a team without taking anyone back, though it’s unclear if that’s what the front office has in mind.

Philadelphia traded another Martin on Tuesday. The team dealt Caleb Martin to Dallas for Quentin Grimes and a 2025 second-round pick.

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Joel Embiid Available To Play Tuesday After Month-Long Absence

February 4th, 2025 at 4:23pm CST by Dana Gauruder

FEBRUARY 4: Embiid will be available to play on Tuesday vs. Dallas, the team confirmed today (via Twitter).

FEBRUARY 3: Joel Embiid could return to action on Tuesday. The Sixers are listing their star center as questionable to play against the Mavericks, Derek Bodner of PHLY Sports tweets.

Embiid hasn’t seen action since Jan. 4 due to lingering left knee issues. The big man has only appeared in 13 games this season, averaging 24.4 points, 7.9 rebounds and 3.8 assists in 29.5 minutes per game. He was limited to 39 games last season, when he averaged a career-best 34.7 PPG, 11 RPG and 5.6 APG.

The return of Embiid could factor into the Sixers’ plans regarding their roster with the trade deadline looming. Philadelphia’s brass reportedly has no intention to give up on this season, even though Embiid and prized free agent Paul George have been sidelined for a chunk of its games. George is listed as out on Tuesday due to a finger injury, but he, like Embiid, practiced on Tuesday, Keith Pompey of the Philadelphia Inquirer tweets.

The Sixers have a 19-29 record after losing their last two games following a four-game winning streak.

Embiid isn’t the only Sixers player close to returning after an extended absence. Embiid’s backup Andre Drummond (left toe), Caleb Martin (right hip) and KJ Martin (left foot) are also questionable to play on Tuesday. As Bodner points out, Drummond has only played in four games since Dec. 23, Caleb Martin has been out since Jan. 10 and KJ Martin hasn’t seen action since Dec. 23.

As for their opponent, the Mavericks are listing Anthony Davis and Max Christie as questionable to play on Tuesday, Mike Curtis of the Dallas Morning News tweets. Interestingly, Davis’ abdominal strain was not listed on the Mavs’ injury report. Instead, the questionable tag was due to “trade pending,” though Dallas has officially announced the blockbuster deal with the Lakers and Jazz.

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Paul George To Undergo MRI On Finger

January 25th, 2025 at 11:02pm CST by Arthur Hill

Paul George suffered an injury to his left pinky finger during Saturday’s game at Chicago and will undergo an MRI on Sunday, according to Keith Pompey of The Philadelphia Inquirer (Twitter link).

Sixers coach Nick Nurse told reporters that George jammed the finger, which caused him to be removed from the game in the second quarter. George played just under 13 minutes, finishing with nine points, one rebound and one assist.

It’s been a difficult season for George and the Sixers in general, although Saturday’s win pulled them to within one game of the Bulls for 10th place and the final play-in spot in the East. They were expecting to be among the league’s top teams after adding George in free agency, but he and Joel Embiid have suffered a series of injuries that have wrecked the season.

George has missed 14 games already with a variety of ailments, including left groin soreness that forced him to sit out twice last week. He has appeared in 30 games in his first season with Philadelphia, and his scoring average of 17.4 PPG is down more than five points from what it was with the Clippers last season. However, he’s collecting 5.8 rebounds and dishing out 4.8 assists per night, which are both above last season’s averages.

The Sixers were already missing five rotation players for tonight’s game, including rookie guard Jared McCain, who was lost for the season after surgery on his left meniscus. Embiid is dealing with swelling in his left knee and hasn’t played since January 4. Backup center Andre Drummond sat out while recovering from an injury to his left toe, Caleb Martin has a strained right hip and KJ Martin hasn’t played since December 23 due to a stress reaction in his left foot.

Both Martins are expected to return to practice next week and their availability will be determined from there, Pompey states in a full story on the game.

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Sixers Notes: Oubre, Injuries, Drummond, George, Draft Pick

January 17th, 2025 at 3:04pm CST by Tristan Tucker

With Caleb Martin and KJ Martin sidelined with injuries, the Sixers‘ forward depth was thin on Wednesday against New York. Kelly Oubre Jr. slid from shooting guard to power forward, delivering with 16 points, 10 rebounds, two steals and a block. While the Sixers lost for their seventh time in nine games, Oubre’s defensive intensity stood out, per Keith Pompey of The Philadelphia Inquirer.

“It’s just kind of getting back to the basics,” Oubre said. “I could speak for myself, like it’s bread and butter for me. If things around me are out of control, then I know I can focus on my energy and my effort on the defensive end.”

Oubre’s has had an impressive defensive season, ranking second in the league in deflections and tied for 14th in steals per game. The Sixers pushed the Knicks to overtime due in part to the defensive play of Oubre, who holds a player option worth roughly $8.38MM for next season.

We have more from the Sixers:

  • Paul George, Guerschon Yabusele, Kyle Lowry, and KJ Martin didn’t practice for the Sixers on Friday, according to Pompey (Twitter link). However, Caleb Martin was a partial participant and Andre Drummond practiced fully after missing the last six games due to injury. In a separate tweet, Pompey reports head coach Nick Nurse said he has high hopes for Drummond playing Saturday against Indiana. Drummond is listed as probable for that game.
  • The Sixers need George to step up without Embiid available, Zach Powell and Jared Weiss of The Athletic write. Philadelphia has obviously been worse off without their superstar in Embiid, but if they hope to make a run to the play-in, let alone the playoffs, George will need to play at a high level. It’s an opportunity for George to prove his star quality and to justify the Sixers’ faith in him, Powell and Weiss write.
  • With the Sixers on the outside looking in for the postseason, Fred Katz of The Athletic notes that they owe their first-round pick to the Thunder if it lands outside the top six. The Sixers currently have the eighth-highest odds for the No. 1 overall pick. With that in mind, Katz ponders whether the Sixers could do what the Mavericks did in 2023, when they fell out of the playoffs and thus, kept their top-10 protected pick, landing a Finals contributor in Dereck Lively II. This stretch without Embiid ahead of the trade deadline could reveal their plans not only for February, but potentially for the draft as well.
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Eighteen More Players Become Trade-Eligible

January 15th, 2025 at 7:00am CST by Luke Adams

Today is Wednesday, January 15, which means that a total of 18 players who signed free agent contracts meeting specific criteria this past offseason are now eligible to be traded.

Most offseason signees became trade-eligible on December 15, but players who met the following criteria were ineligible to be moved for an extra month:

  1. The player re-signed with his previous team.
  2. He got a raise of at least 20%.
  3. His salary is above the minimum.
  4. His team was over the cap and used Bird or Early Bird rights to sign him.

The following players met that criteria and are eligible to be traded as of Wednesday:

Most of the players on NBA rosters are now eligible to be moved, though a small handful still can’t be dealt.

That group includes Kings forward Doug McDermott, who becomes trade-eligible on Thursday, Celtics sharpshooter Sam Hauser (trade-eligible on January 23), Pacers guard Andrew Nembhard (Jan. 26), Grizzlies big man Jay Huff (Jan. 28), Cavaliers center Jarrett Allen (Feb. 2), and Knicks center Ariel Hukporti (Feb. 5).

Additionally, there are several players who won’t become trade-eligible at all prior to this season’s February 6 deadline, including stars like Joel Embiid, Lauri Markkanen, and Jamal Murray.

Players on 10-day contracts are also ineligible to be dealt.

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