February 2: The trade is now official, according to a press release from the Mavericks.
“We are thankful for Luka and grateful for his efforts during his time with us,” stated general manager Nico Harrison. “He helped build this team and was an integral part of the success we’ve seen throughout the years, including our recent NBA Finals run, along with Maxi and Markieff who are veteran voices equally valued across this team.
“This is a new chapter, and we are excited to welcome Anthony and Max to the fold. AD is an experienced veteran, who can play both ends of the floor while helping elevate us defensively. He knows first-hand what it takes to win, and I know he’s motivated to be a part of what we’re building in Dallas.”
February 1: The Lakers are acquiring superstar Luka Doncic in a stunning blockbuster trade that will send Anthony Davis to the Mavericks as part of a three-team deal involving Utah, reports Shams Charania of ESPN.
L.A. will also receive Maxi Kleber and Markieff Morris, while Max Christie and the Lakers’ first-round pick in 2029 are headed to Dallas.
The Jazz will take on the salary of second-year Lakers guard Jalen Hood-Schifino while receiving two 2025 second-round picks, one from the Mavericks and one that originally belonged to the Clippers (via the Lakers).
Utah will also send $55K in cash to both the Lakers and Mavericks, a source tells Andy Larsen of The Salt Lake Tribune (Twitter link).
It’s one of the most shocking trades in NBA history, to the extent that Charania had to publish multiple tweets after breaking the news confirming that it’s real, while other reporters verified that he hadn’t been hacked. It’s the first time in league history that two players who earned All-NBA honors have been traded for each other during the following season, per ESPN.
There had been no indication that the Mavs were looking to part with Doncic or that the Lakers’ front office was considering breaking up Davis’ long-time partnership with LeBron James, who was surprised by news of the deal and didn’t know it was in the works, according to Dave McMenamin of ESPN.
“I believe that defense wins championships,” Dallas president of basketball operations Nico Harrison told ESPN’s Tim MacMahon in explaining his motivation. “I believe that getting an All-Defensive center and an All-NBA player with a defensive mindset gives us a better chance. We’re built to win now and in the future.”
Doncic did not request a trade, sources tell Marc Stein of The Stein Line (Twitter link). The Mavericks simply liked the return from L.A. enough to part with their franchise player, who was “stunned” when he was informed of the trade, Charania said during an appearance on SportsCenter (Twitter video link).
Doncic would have become eligible during the 2025 offseason for a record-setting super-max contract projected to be worth $345MM over five years. According to MacMahon, Dallas had concerns about making that commitment due to Doncic’s diet and conditioning, which the team believes have been major factors contributing to his injuries over the years.
Sources tell Charania that the Mavericks initiated the deal, while the Lakers believed it was in their best long-term interest to give up Davis, who will turn 32 next month, to acquire the 25-year-old Doncic, who could be the face of the franchise for the next decade.
Doncic will no longer be eligible to sign a super-max contract in Los Angeles, since that option comes off the table once a player is traded. That means his next deal figures to start at 30% of the 2026/27 cap instead of 35%. The exact amount of that contract will depend on when he signs it and how many years it covers, but it would max out at about $296MM over five years rather than $345MM.
Dallas contacted several teams this week to see if they were willing to reroute salary in a potential three-team deal, sources tell Jake Fischer of The Stein Line (Twitter link). While several teams had an indication that the Mavericks were working on something, no one else had any idea that it involved Doncic, Fischer adds.
Doncic has been sidelined since Christmas Day when he suffered a left calf strain in a game against Minnesota. He had been expected to return soon, and John Gambadoro of Arizona Sports 98.7 tweets that Dallas was preparing for him to play next Saturday.
Doncic has a been a franchise-changing talent since the Mavericks traded up for the opportunity to select him in the 2018 draft. After winning Rookie of the Year honors, he was a first-team All-NBA selection and finished in the top eight of MVP balloting in each of the next five seasons, including third in 2024. He’s not eligible for individual awards this year because of the strained calf and other ailments that have limited him to 22 games.
Davis is one of the top big men in the league and helped the Lakers capture the 2020 title in his first season with the team. The eight-time All-Star is currently sidelined with an abdominal strain, but he has been remarkably durable over the last two years despite a history of injuries. He has appeared in 42 of L.A.’s 47 games this season after playing 76 in 2023/24.
Davis is looking forward to joining the Mavericks, according to Marc J. Spears of Andscape (Twitter link). He has a history with Harrison from their days together at Nike, and his long-time preference to play power forward rather than center will be less of an issue in Dallas with Daniel Gafford and Dereck Lively on the roster.
Davis has agreed to waive his 15% trade bonus, which would have been worth $5.9MM, according to NBA insider Chris Haynes and Bobby Marks of ESPN (Twitter links). That decision leaves the Mavericks $628K below the luxury tax line — they were $5.1MM above the tax threshold before the deal, Marks notes.
Davis’ current maximum-salary contract will pay him a projected $112.6MM over the next two seasons after this one, with a $62.8MM player option for 2027/28.
Because they’re not sending anyone out in the trade, the Jazz will have to open a roster spot before they can acquire Hood-Schifino, points out salary cap analyst Yossi Gozlan (Twitter link). That’s likely to happen by waiving or reaching a buyout with P.J. Tucker or Mohamed Bamba, both of whom were acquired from the Clippers in a deal earlier on Saturday.
Gozlan states that Hood-Schifino will be absorbed into Utah’s $8MM room exception, leaving the team $16.7MM below the tax line after Saturday’s dealings. The 21-year-old guard may get a greater opportunity to play with the Jazz after appearing in just two games this season and 23 total since being selected with the 17th pick in the 2023 draft.
Christie could be a valuable addition for Dallas, as he has blossomed into a solid rotation player during this third NBA season. He’s in the first season of a four-year, $32MM contract that he signed last summer as a restricted free agent.
Kleber suffered a broken right foot last weekend, so he won’t provide any immediate help to the Lakers. The 33-year-old big man is under contract for one more year at $11MM. Morris, a 35-year-old power forward, has an expiring veteran’s minimum contract.
Tristan Tucker and Luke Adams contributed to this story.