Eastern Rumors: Ty. Jones, Ivey, Pacers, Okongwu, Raptors, Sixers

The Magic have made calls to multiple teams to explore the possibility of trading veteran point guard Tyus Jones in exchange for some second-round draft capital, reports Jake Fischer of The Stein Line (Substack link).

Jones, 29, signed a one-year, $7MM contract with Orlando over the summer but has played a limited role with the team and is performing well below his usual standard. He has averaged 3.2 points and 2.4 assists in 16.5 minutes per game across 40 outings (eight starts), while making just 35.3% of his shots from the floor, including 29.5% from beyond the three-point line.

The Magic are currently operating about $5.6MM above the luxury tax line and may be motivated to duck out of tax territory at this season’s deadline. Their roster will only get more expensive beginning in 2026/27 when Paolo Banchero‘s maximum-salary rookie scale extension takes effect, so avoiding the tax this season would postpone the repeater clock for another year.

Here are several more items of interest shared by Fischer from around the Eastern Conference:

• While the Pistons still aren’t looking to make a major in-season deal, they’ve gauged Jaden Ivey‘s value on the trade market, per Fischer. The former fifth overall pick has played a reduced role (16.9 MPG) this season in his return from a major leg injury and will be eligible for restricted free agency at season’s end.
• As the Pacers continue to scour the trade market for a long-term answer at the center spot, Hawks big man Onyeka Okongwu is among the players they’ve inquired about, Fischer writes. There’s no indication that Atlanta engaged in discussions involving Okongwu, who is averaging a career-high 16.0 points and 31.9 minutes per game.
• Rivals view the Raptors as one of the teams most interested in making a significant in-season move, according to Fischer, who notes that Toronto was the only team besides Washington with real interest in Trae Young. The Raptors have also been connected repeatedly to Anthony Davis and Domantas Sabonis, and Fischer suggests they’re a potential suitor worth watching for Grizzlies point guard Ja Morant.
• The Sixers and Grizzlies had some trade conversations in mid-December, Fischer says, clarifying that those discussions didn’t involve Morant. Based on “recent synergy” between them, Philadelphia and Memphis could end up being involved in the same transaction if either club needs help from a third team to facilitate a deal, Fischer notes.