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Raptors Trading Davion Mitchell To Heat For P.J. Tucker, Second-Rounder, Cash

The Raptors appear to be getting involved in the multi-team Jimmy Butler blockbuster after all.

Initially thought to be involved in the deal as a facilitator to take on Kyle Anderson, Toronto is instead acquiring veteran forward P.J. Tucker, who was being sent from Utah to Miami as part of the Butler trade, reports Shams Charania of ESPN (Twitter link).

According to Charania, the Raptors will also get a second-round pick and cash from the Heat in the swap, which will send guard Davion Mitchell to Miami. The second-rounder is the Lakers’ 2026 pick, per Blake Murphy of Sportsnet.ca (Twitter link).

While Charania doesn’t explicitly say so, this agreement will likely be folded in the larger framework of the Butler trade, with Tucker going directly from the Jazz to Toronto in the multi-team deal.

It’s a financially motivated maneuver for the Heat, who will take on Mitchell’s $6.45MM expiring contract instead of Tucker’s $11.54MM expiring deal. That will allow them to duck below the first tax apron by about $1.96MM, according to ESPN’s Bobby Marks, who adds (via Twitter) that Miami remains above the luxury tax line by approximately $2.8MM.

It remains to be seen if the Heat will hang onto Mitchell or if they have additional moves to come. The former ninth overall pick is a talented point-of-attack defender who has a limited offensive game. In 44 games (22 starts) for the Raptors this season, he averaged 6.3 points and 4.6 assists in 24.5 minutes per night, with a .434/.359/.676 shooting line.

Mitchell will be eligible for restricted free agency at season’s end, though he seems unlikely to receive a qualifying offer.

Tucker has some history in Toronto — he was drafted by the franchise in 2006 and spent his rookie season with the Raptors, then was traded back to the team in 2017. However, his third stint with the organization will likely be a brief one, as he’s a virtual lock to be bought out or released outright.

Toronto still had a fair amount of breathing room below the luxury tax line after agreeing to acquire Brandon Ingram from New Orleans, which is why the club is willing to accommodating a salary dump. The second-round pick and cash they’re getting in the deal incentivized the Raptors to swap out Mitchell for Tucker and his pricier contract.

The Raptors could use Mitchell’s salary for matching purposes to complete the trade or could utilize its untouched mid-level exception to absorb Tucker’s incoming salary. In the latter scenario, the team would create a new trade exception worth Mitchell’s outgoing $6.45MM salary.

Wizards Waive Sidy Cissoko

The Wizards have requested waivers on forward Sidy Cissoko, the team announced today (via Twitter).

It has been an eventful week for Cissoko, who was traded from the Spurs to the Kings in the De’Aaron Fox/Zach LaVine multi-team blockbuster, then was flipped to Washington in Wednesday’s Jonas Valanciunas deal. Now, assuming he clears waivers on Saturday without being claimed, he’ll be seeking a new home.

Cissoko, 20, was the 44th overall pick in the 2023 draft. Although he signed a three-year contract that included two guaranteed seasons, the French forward played an extremely limited role during his season-and-a-half with the Spurs, appearing in just 29 NBA games, averaging 2.3 points and 1.1 rebounds in 6.7 minutes per night.

Cissoko saw more action in the G League with the Austin Spurs, San Antonio’s affiliate. He made 34 total appearances for the club last season and 11 more in 2024/25. In those 11 games this season, he averaged 16.3 points, 4.1 rebounds, and 3.2 assists per contest, with a shooting line of .489/.264/.595.

It’s unclear if Cissoko will catch on with a new NBA team or if a return to Europe, where he began his professional career, could be in the cards. He’s still just 20 years old (21 in April) and is eligible to sign a two-way contract, so I’d expect some NBA clubs to have some level of interest in him.’

Because the Kings were the last team to trade Cissoko before he was cut, Sacramento won’t be eligible to re-sign him, but San Antonio would be.

The Wizards, meanwhile, will open up a spot on their 15-man roster as a result of the move, which could come in handy if they have any additional pre-deadline moves on tap. They still need to officially finalize their Kyle Kuzma/Khris Middleton deal with Milwaukee today.

Knicks To Trade Jericho Sims To Bucks For Delon Wright

The Bucks will acquire backup center Jericho Sims from the Knicks, sources tell Shams Charania of ESPN (Twitter link). The move will be folded into a deal between Milwaukee and Washington that was reported earlier today.

New York will receive Delon Wright and cash in return, Charania tweets. The Bucks will be permitted to send out cash because they will be below the second tax apron once the deal is finalized.

According to Stefan Bondy of The New York Post (Twitter link), the Knicks will also part with the draft rights to French big man Mathias Lessort in exchange for the draft rights to French guard Hugo Besson.

The Bucks were among the teams said to have interest in Sims, along with both L.A. clubs, in a Tuesday report from Michael Scotto of HoopsHype.

Sims, 26, is in his fourth season with the Knicks after being selected with the 58th pick in 2021. He has appeared in 39 games so far this season, but his playing time declined to a career-low 10.8 minutes per game and he was averaging just 1.6 points and 3.3 rebounds. He has a $2.1MM expiring contract and will be an unrestricted free agent after the season.

The move raises speculation that New York will try to add another big man before Thursday afternoon’s trade deadline. Mitchell Robinson remains out of action while recovering from offseason ankle surgery, although he’s reportedly making progress toward a return.

Wright, a 32-year-old guard, was in his first season with the Bucks after signing as a free agent in July. His shooting has been an issue as he’s connecting at 26.8% from the field and 24.5% from three-point range while averaging 2.5 PPG in 26 games.

Wright is on a one-year, $2.1MM contract and is also headed for free agency at season’s end. The expectation is that the Knicks will hang onto the veteran guard for now rather than flipping him or waiving him, tweets Bondy.

Wizards Trade Jonas Valanciunas To Kings

8:05 pm: The trade is now official, according to press releases sent out by the Wizards and Kings.


3:59 pm: The Kings are acquiring center Jonas Valanciunas in a trade with the Wizards, reports NBA insider Marc Stein (Twitter link). According to Shams Charania of ESPN (Twitter link), Sacramento is sending newly acquired wing Sidy Cissoko and a pair of second-round picks to Washington in the deal.

According to Bobby Marks of ESPN (Twitter link), Sacramento will use its $12.8MM non-taxpayer mid-level exception to absorb Valanciunas’ $9.9MM salary. He reports that the picks being moved are the Kings’ own in 2029 and a Denver selection in 2028 that’s top-33 protected. That pick was acquired in the De’Aaron Fox deal earlier this week.

The trade with Washington leaves the Kings about $2.5MM below the tax line, states cap analyst Yossi Gozlan (Twitter link), who notes that the team had some flexibility after unloading Fox’s and Kevin Huerter‘s salaries.

Valanciunas, a 32-year-old center, will provide veteran frontcourt depth for Sacramento. He appeared in 49 games during his lone season in Washington, averaging 11.5 points and 8.2 rebounds in 20.1 minutes per night while shooting 54.7% from the field. Valanciunas will join Domantas Sabonis, his longtime teammate on the Lithuanian national team, notes Marc Stein (Twitter link).

The Nuggets were also hoping to land Valanciunas, sources tell Jake Fischer of The Stein Line (Twitter link), as were the Suns as they try to find a taker for Jusuf Nurkic.

The second-round picks heading to the Wizards bring their total to 19 over the next seven drafts, according to Gozlan (Twitter link). Cissoko is making just $1.89MM, so this deal helps them offset the extra salary they took on earlier today by agreeing to trade for Khris Middleton. Gozlan states that Washington will create a $9.9MM trade exception and is now $11.8MM below the tax line.

This is the second trade of the week for Cissoko, a 20-year-old small forward, who went from San Antonio to Sacramento in the Fox deal. He has seen minimal playing time at the NBA level since being selected with the 44th pick in the 2023 draft. Cissoko appeared in 17 games for the Spurs this season, averaging 1.3 PPG in 3.2 minutes per night.

Jimmy Butler Headed To Warriors, Agrees To Extension

The Warriors will acquire Jimmy Butler from the Heat in exchange for Andrew Wiggins, Dennis Schröder, Kyle Anderson and a protected first-round pick, according to Shams Charania of ESPN (Twitter link).

The Pistons are also involved in the trade and will receive Lindy Waters III from Golden State and Josh Richardson from Miami, Charania tweets.

Schröder, meanwhile, is heading to Utah, which was first reported by Jake Fischer of The Stein Line (Twitter link). P.J. Tucker, whom the Jazz acquired over the weekend, will be sent to Miami, sources tell Charania (Twitter link). Tucker played for the Heat during the 2021/22 season.

It was originally slated to be a five-team deal with Anderson going to the Raptors, but that part fell through, sources tell Charania (Twitter links). He adds that Miami is currently holding onto Anderson, who has an $8.78MM salary and one more guaranteed year left on his contract after this season.

Miami will have a full 15-man roster if Anderson isn’t moved elsewhere before the trade deadline, notes Anthony Chiang of The Miami Herald (Twitter link).

Charania reports that Butler has agreed to a two-year, maximum-salary extension with the Warriors that will run through the 2026/27 season. As part of that deal, which projects to be worth $111MM, he will decline his $52.4MM player option for next season.

An inability to work out an extension is the major reason that Butler was unhappy in Miami. He had been suspended three times over the past month and was away from the team as the front office tried to find an acceptable offer before Thursday’s deadline.

Butler, a six-time All-Star who had averaged 17.0 points, 5.2 rebounds, and 4.8 assists per game on .540/.361/.801 shooting in 25 games for Miami this season, had requested a trade in hopes of going to a team that was willing to make a long-term commitment.

Phoenix was widely reported to be his preferred destination, but the Suns were unable to work out a trade involving Bradley Beal, who holds a no-trade clause, and were apparently unwilling to make a deal with Miami that included Kevin Durant. As a result, Butler will instead join a Warriors team that was one of four clubs initially said to be on his wish list back in December and will get the extension he was seeking all along.

Under his new deal, Butler will earn a projected $54.13MM next season and $56.83MM in 2026/27, according to salary cap expert Yossi Gozlan (Twitter link). Gozlan notes that adding Butler ensures that the Warriors will continue to have a large payroll, and they’ll be deep in luxury tax territory if they re-sign restricted free agent Jonathan Kuminga.

Butler has a $407,123 trade bonus that would increase his current salary to $49.2MM, Gozlan adds. However, Butler may need to waive that trade bonus to help Golden State fill out its roster and remain under the first apron, per Bobby Marks of ESPN (Twitter link).

Without accounting for the bonus, the team projects to be $1.8MM below the apron with 11 players under contract. The Warriors will have to fill at least three of their four open roster spots within two weeks. Marks states that it’s possible, but the timing of each signing will be important.

The Heat had an opportunity to duck beneath the tax threshold, according to Gozlan (Twitter link), but that won’t happen if they hold onto Anderson. According to Marks (Twitter link), Miami is currently $7.8MM above the tax line and $3.1MM over the first apron.

Miami will receive the Warriors’ 2025 first-round pick with top-10 protection, sources tell Zach Lowe (Twitter link). The same protection will be in effect for 2026 if the pick doesn’t convey this year. In the unlikely event it lands in the top 10 in each of the next two years, it would be unprotected in 2027.

The Heat had reportedly been opposed to taking back salary that extended beyond the 2025/26 season, but were willing to make an exception for Wiggins, who holds a $30.2MM player option for ’26/27. At his best, the former No. 1 overall pick is an impact two-way player capable of being a secondary scorer on offense and handling challenging defensive assignments on the other end of the court.

Wiggins is averaging 17.6 points, 4.6 rebounds, and 2.3 assists in 30.1 minutes per game across 43 outings this season, with a .444/.379/.777 shooting line.

The Pistons will receive a second-round pick from Golden State for taking on Waters’ and Richardson’s expiring minimum contracts, tweets Omari Sankofa II of The Detroit Free Press, who doesn’t offer any more specifics on the pick.

Detroit currently has 14 players under contract but also reached a deal to acquire KJ Martin from Philadelphia in addition to Waters and Richardson. Depending on the order in which the Pistons complete their reported deals, they’ll need to waive one or two players from their current roster.

It’s worth noting that the Pistons could theoretically fit Martin into their $8MM room exception and take on Waters and Richardson using the minimum salary exception, which means their $14MM in cap room could still be used for a separate trade before they complete their two reported agreements. We’ll see if that ends up happening before Thursday’s deadline.

As part of the Tucker-Schröder swap of expiring contracts, the Jazz will receive the more favorable 2031 second-round pick from the Heat or Pacers, according to Andy Larsen of The Salt Lake Tribune (Twitter link).

This week’s latest mega-deal seems to ensure that Kevin Durant will remain with the Suns past the deadline. The Warriors and Heat were reportedly the teams making the strongest effort to get Phoenix to part with Durant.


Luke Adams contributed to this story.

Pelicans Trade Daniel Theis, Second-Round Pick To Thunder

3:21 pm: The trade is official, according to a press release from the Thunder, who sent out cash considerations in exchange for Theis and either New Orleans’ or Orlando’s 2031 second-round pick (whichever is least favorable).


1:01 pm: The Pelicans are trading center Daniel Theis to the Thunder along with draft compensation, reports Shams Charania of ESPN (Twitter link).

Oklahoma City will receive a 2031 second-round pick in the deal, according to NBA insider Marc Stein (Twitter link). New Orleans previously traded swap rights on that pick to Orlando, so the Thunder will receive the least favorable of the Pelicans’ and Magic’s second-rounders in ’31.

It’s a salary dump for New Orleans, which had been operating about $1.4MM above the luxury tax line. The Pelicans are one of two NBA teams to have never paid the tax and weren’t about to start this season for a team that currently holds a 12-38 record.

Moving Theis’ $2.1MM minimum-salary contract, which expires at season’s end, allows the Pelicans to duck out of tax territory.

If New Orleans doesn’t make any additional trades today or tomorrow, this deal will leave the team with just 13 players on standard contracts. By NBA rule, the Pelicans would need to re-add a 14th man within two weeks of trading Theis. A prorated minimum-salary signing at that point would still allow them to narrowly remain below the tax threshold.

Despite their NBA-best 39-9 record, the Thunder aren’t constricted by the tax aprons like many of the league’s other contenders. Prior to this trade, Oklahoma City’s team salary had been hovering right around $160MM, giving the club plenty of room below the $170.8MM tax line to take on additional money.

The Thunder also have an open spot on their 15-man roster, so they won’t need to waive anyone to make room for Theis, who can be acquired using the minimum salary exception.

It’s unclear if the Thunder plan to hang onto Theis after acquiring him or if they’re just making the deal for the draft compensation. The veteran center could provide some frontcourt depth in OKC after averaging 4.3 points, 4.3 rebounds, and 1.6 assists in 16.3 minutes per game across 38 outings (nine starts) for the Pelicans.

A rookie big man, Branden Carlson, has occupied the Thunder’s 15th roster spot for much of the season to date, first on a non-guaranteed contract and then on a pair of 10-day deals. If the team hangs onto Theis and doesn’t make any additional moves to open spots on its 15-man roster, a two-way deal would be the only path for Carlson to rejoin the squad.

Wizards To Trade Kyle Kuzma To Bucks For Khris Middleton, Pick Swap

The Wizards and Bucks have agreed to a trade that will send Khris Middleton, AJ Johnson, and a pick swap to Washington in exchange for Kyle Kuzma, Patrick Baldwin Jr., and a second-round pick, sources tell Shams Charania of ESPN (Twitter link).

Josh Robbins and David Aldridge of The Athletic, who reported on the Kuzma/Middleton talks between the two teams on Tuesday, followed on up Wednesday to say (via Twitter) that Johnson, Baldwin, and draft assets were also involved in the structure being discussed.

Middleton, a Buck since the 2013 offseason, had a highly successful 12-season run with the franchise, earning three All-Star berths and playing a key role on the team that won a championship in 2021. However, he had been plagued by injuries in recent years, most recently undergoing surgeries on both ankles last offseason.

Middleton has been limited to 23 games so far this season and is averaging just 23.2 minutes per night, his lowest mark since his rookie year. While he has shot the ball efficiently (.512/.407/.848), the 33-year-old hasn’t looked like the same two-way impact player he was before his health issues.

By swapping out Middleton for Kuzma, the Bucks will acquire a forward who is four years younger (29), is on a more team-friendly contract, and hasn’t been afflicted as significantly by the injury bug.

However, Kuzma hasn’t had a great season either. His shooting percentages of 42.0% from the field and 28.1% on three-pointers are easily career lows, and he’s averaging just 15.2 points per game after putting up 21.7 PPG in his first two years in D.C.

Kuzma recently suggested in comments to reporters that he didn’t adjust well this season as the Wizards pivoted to prioritizing opportunities for their younger players. That shouldn’t be an issue in Milwaukee, where Kuzma is joining a potential contender led by superstars Giannis Antetokounmpo and Damian Lillard. According to Jake Fischer of The Stein Line (Twitter link), a vote of support for Kuzma from Antetokounmpo factored into the Bucks’ decision to move forward on this deal.

The Wizards nearly moved Kuzma at last season’s trade deadline, but were reportedly lukewarm on an offer from the Mavericks and decided not to accept it after speaking to him about it. A year later, he’s headed to the Bucks instead.

The financial aspect of this trade is an important motivator for Milwaukee as well. The combined salaries of Kuzma ($23.5MM) and Baldwin ($2.4MM) are well below that of Middleton ($31.7MM) and Johnson ($2.8MM), allowing the Bucks – who had been operating about $6.5MM above the second tax apron – to move below that threshold and generating substantial savings on their end-of-season tax bill.

Kuzma had a 15% trade kicker that would have increased his cap hit by roughly $2.5MM per season, but sources tell ESPN’s Bobby Marks (Twitter link) that the forward agreed to reduce that bonus in order to allow the Bucks to get below the second apron, giving them more roster-building options in the present and future.

Moving below the second apron will allow Milwaukee to aggregate salaries in any subsequent deals this week. It will also ensure that their 2032 first-round pick doesn’t become “frozen” (ie. unable to be traded) beginning this offseason.

With Baldwin’s salary coming off the books at season’s end and Kuzma replacing Middleton and Johnson on next season’s cap, the Bucks are now in position to potentially get out of luxury tax territory altogether in 2025/26, notes cap expert Yossi Gozlan (Twitter link).

The Wizards, meanwhile, will take on some extra salary this season and likely next season as well, since Middleton has a $34MM player option for 2025/26 that he’s expected to exercise. In return, Washington will get the opportunity to take a flier on a 2024 first-round pick in Johnson, who appeared in just seven games with the Bucks.

The Wizards will also gain the ability to swap first-round picks in 2028 with Milwaukee, reports NBA insider Chris Haynes (Twitter link). Portland already has the right to swap its first-round pick for Milwaukee’s first-rounder in ’28, so Washington would subsequently have the opportunity to swap its own pick for whichever first-rounder the Bucks end up with.

Meanwhile, the Bucks will receive a 2025 second-round pick in the deal, Haynes adds. According to Eric Nehm of The Athletic (Twitter link), it’ll be the second-most favorable of the three second-rounders controlled by Washington. The language around those picks is convoluted, but it’ll almost certainly end up being the second-most favorable of the Detroit, Golden State, and Phoenix second-rounders. Those three teams are all currently within a half-game of one another.

Sixers Trade Caleb Martin To Mavs For Quentin Grimes, Second-Round Pick

3:32 pm: The trade is official, according to a press release from the Mavericks, which confirmed the terms outlined below.


12:09 pm: The Sixers and Mavericks have agreed to a trade, according to Shams Charania of ESPN (Twitter links), who reports that forward Caleb Martin is headed to Dallas in exchange for guard Quentin Grimes and Philadelphia’s 2025 second-round pick, which the Mavs acquired in a previous deal.

Martin, who signed a four-year, $35MM contract with the Sixers last summer that includes over $5MM in incentives and a 15% trade kicker, was one of several Philadelphia players afflicted by the injury bug in 2024/25, having been limited to 31 outings through the team’s first 48 games.

Martin has been out since January 10 due to a right hip strain, but appears to be nearing a return, having been listed as questionable to play on Tuesday.

When healthy, the 6’5″ forward was an effective role player for the 76ers, averaging 9.1 points, 4.4 rebounds, and 2.2 assists in 30.4 minutes per game. He has registered a .435/.379/.622 shooting line so far this season and provided solid, versatile defense on the wing.

Grimes, meanwhile, has enjoyed a strong bounce-back season in Dallas after being traded from the Pistons to the Mavericks last summer. The 24-year-old averaged 10.2 points, 3.8 rebounds, and 2.1 assists in 22.8 minutes per night for the Mavs, with a .463/.398/.765 shooting line in 47 outings (12 starts). Like Martin, he’s considered a plus on defense.

As good as Grimes has been in his rotation role, his contract situation was uncertain beyond this season after he turned down a rookie scale extension offer from the Mavs last fall. Having not accepted that deal, which was reported to be worth in the neighborhood of $9MM annually for three years, Grimes was on track to become a restricted free agent during the summer of 2025.

By sending him to Philadelphia, Dallas will avoid going back to the negotiating table with Grimes and will instead get some multi-year cost certainty with Martin, who’s under contract through at least the 2026/27 season before he has to make a decision on his ’27/28 player option. Newly acquired guard Max Christie, who was dealt from the Lakers to the Mavs in the Luka Doncic/Anthony Davis blockbuster, figures to step into Grimes’ role in the backcourt.

The gap between Grimes’ $4.3MM cap hit and Martin’s $8.15MM salary means the Mavericks will go back into luxury tax territory as a result of the deal after having ducked that line in the Doncic trade. If Martin doesn’t waive his trade kicker, his cap charge would increase by another $1.04MM, according to cap expert Yossi Gozlan, who notes (via Twitter) that would leave Dallas just $171K below its first-apron hard cap.

If Martin receives his trade bonus, the Mavs will have to use one of their existing trade exceptions to acquire him, since Grimes’ salary wouldn’t quite be enough for salary-matching purposes. If Martin waives that bonus, Dallas could preserve its exceptions and use Grimes to match.

Whether or not Martin gives up his bonus, this move wouldn’t have been possible for the Mavs if Davis hadn’t waived his trade bonus as part of the deal that sent him to Dallas. He told reporters on Tuesday that he wanted to give general manager Nico Harrison the ability to improve the roster around him and Kyrie Irving as much as possible, per Tim MacMahon of ESPN.

“Trying to help the team,” Davis said. “Obviously you always want to get better and losing a monumental piece like Luka … it’s a lot, right? So I’m just trying to do my part and help Nico and the organization on how we can continuously get better. That’s just always the right thing to do.”

As for the Sixers, while they’re not throwing in the towel on the 2024/25 campaign following a disappointing 19-29 start, they’re clearly thinking about their future beyond this season in swapping out Martin for Grimes (who is five years younger) and a 2025 second-round pick while generating some tax savings.

The draft pick the Sixers are acquiring is technically the most favorable of their own and the Nuggets’ 2025 second-rounders, which will certainly be the Philadelphia pick.

As Bobby Marks of ESPN tweets, the 76ers will save about $6.7MM on their projected luxury tax bill as a result of this deal and move below the first tax apron. They’re still operating about $6.5MM above the tax line.

Thunder, Hornets Swap Future Second-Round Picks

The Thunder and Hornets have completed a minor second-round draft pick swap, according to a Thunder press release. A Hornets press release also confirms the deal.

Oklahoma City acquired the Nuggets’ 2030 second-rounder that Charlotte possessed in exchange for the Suns’ 2029 second-rounder that the Thunder owned.

The Thunder had a stash of 2029 second-rounders. Besides controlling their own pick, they also have the rights to second-rounders from Atlanta, Boston, Houston and Miami. This gives OKC four second-rounders in 2030 — their own, plus picks from Denver, Houston and Miami.

There was already a scenario in which the Thunder would have acquired Denver’s 2030 first-round pick. The Nuggets owe Oklahoma City a top-five protected first-rounder in both 2027 and 2029. If the Thunder hadn’t received both of those picks by 2030, they would have instead been sent Denver’s 2030 second-round selection. Now they’ll ensure they receive that second-rounder even if both first-rounders convey, which is likely.

As for the Hornets, they now possess three 2029 picks — their own, Denver’s and now the Suns’. Swapping out that 2030 second-rounder from Denver for Phoenix’s 2029 selection ensures Charlotte is no longer at risk of losing out on the Nuggets’ 2030 second-rounder in the event that those aforementioned first-round Denver picks are protected.

Spurs Acquire Fox, Kings Land LaVine In Three-Team Trade

FEBRUARY 3: The trade is official, according to press releases from the Bulls, Spurs, and Kings. Chicago waived Torrey Craig and Chris Duarte to make room for the incoming players, as we detailed in a separate story.


FEBRUARY 2: The Spurs are finalizing a three-team trade in which they’ll acquire Kings star guard De’Aaron Fox, while Bulls high-scoring wing Zach LaVine will be moved to Sacramento, ESPN’s Shams Charania reports (via Twitter).

Kevin Huerter, Zach Collins and Tre Jones are being sent the Bulls, while Jordan McLaughlin will join Fox in San Antonio, The Athletic’s Sam Amick tweets.

The Bulls will reacquire the top-10 protected 2025 first-round pick they owed the Spurs, K.C. Johnson of the Chicago Sports Network tweets. San Antonio will also send out three more first-rounders to the Kings.

Here’s the full breakdown, according to Charania:

  • Spurs to acquire Fox and McLaughlin.
  • Kings to acquire LaVine, Sidy Cissoko, the Hornets’ 2025 first-round pick (top-14 protected; from Spurs), the Spurs’ 2027 first-round pick, the Timberwolves’ 2031 first-round pick, the Bulls’ 2025 second-round pick (from Spurs), the Nuggets’ 2028 second-round pick (top-33 protected; from Spurs), and their own 2028 second-round pick (from Bulls).
  • Bulls to acquire Collins, Jones, Huerter, and their own 2025 first-round pick (from Spurs).

Note: If the Hornets’ 2025 first-rounder falls within its protected range, as expected, Charlotte will instead convey its 2026 second-round pick and 2027 second-round draft pick to Sacramento.

This is the ideal outcome for Fox, who reportedly had the Spurs at the top of his wish list after news was leaked that the Kings would entertain offers for their leading scorer and floor leader. Fox and budding superstar Victor Wembanyama will now become the Spurs’ pick-and-roll partnership for years to come, with San Antonio also able to keep promising rookie Stephon Castle out of the deal.

Fox turned down a three-year, maximum-salary extension offer during the 2024 offseason and had shown a lack of interest in signing an extension, prompting Sacramento’s front office to field trade offers.

Fox will be eligible to renegotiate and extend his contract with the Spurs in August, ESPN’s Bobby Marks notes (Twitter link). The 2023 All-Star, who is averaging 25.0 points, 6.1 assists and 5.0 assists per game this season, will no longer have the opportunity to become super-max eligible by making an All-NBA team in 2025, but he’ll be able to sign an extension in the offseason that begins in 2026/27, starts at 30% of that season’s cap, and covers up to four years.

The Spurs, meanwhile, still control six first-round picks over the next seven seasons, starting with two in 2025 (their own and Atlanta’s pick), and could use those draft assets to continue pursuing roster upgrades around Fox and Wembanyama.

LaVine, of course, has been the subject of trade rumors for years. He’ll finally be on the move and will ironically rejoin forces with his former Bulls teammate DeMar DeRozan. LaVine, who has battled knee issues in recent years, has averaged 24.0 points, 4.8 rebounds and 4.5 assists per game with outstanding shooting numbers (.511/.446/.797) in an impressive bounce-back season in Chicago.

While the Kings will collect a handful of draft assets in this deal, the acquisition of LaVine reflects their desire to remain in win-now mode and push for a playoff spot this season. They’re currently 24-24 and hold the No. 10 seed in the Western Conference.

LaVine’s move to Sacramento comes approximately six-and-a-half years after he signed a four-year, $78MM offer sheet with the Kings as a restricted free agent. The Bulls, of course, matched that offer sheet back in July 2018, keeping the former UCLA standout in Chicago.

In addition to shedding LaVine’s contract and creating significant short- and long-term cap flexibility, the Bulls will get their very valuable first-rounder back — even if that pick had landed in its protected range this season, Chicago would still have owed a top-eight protected first-rounder to San Antonio in 2026. By reacquiring that pick, the Bulls will regain full control of their first-rounders going forward.

The Bulls will have to waive two players from their roster to make the deal official, since they’re already at the 15-man limit.

Fox is making $34.85MM this season and $37MM next season in the final year of his deal. Huerter also has one year remaining on his contract. He’s earning $16.8MM this season and $18MM next season.

LaVine, who has a $43MM salary this season, has two years remaining after this season. He’ll bring in $46MM next season and has a player option worth nearly $49MM for 2026/27. He also has a 15% trade kicker, though he could choose to waive that.

Along with Huerter, the Bulls are acquiring the salaries of Collins ($16.7MM this season; $18.1MM next season) and Jones ($9.1MM expiring contract).

McLaughlin is making $2.1MM and will be an unrestricted free agent after the season. Cissoko is making $1.9MM this season and has a non-guaranteed $2.22MM cap hit for next season.


Luke Adams contributed to this story.