The Warriors will reportedly consider all their options leading up to the February 5 trade deadline, but it’s unlikely that they’ll include Jimmy Butler in an in-season trade after he suffered a season-ending ACL tear, Marc Stein writes for The Stein Line (Substack link). General manager Mike Dunleavy Jr. said as much on Tuesday, and that wasn’t just posturing, according to Stein.

As Stein explains, while the Warriors went that route with De’Anthony Melton last season after he tore his ACL, Melton was on a modest expiring contract, whereas moving Butler’s deal ($54.1MM this season, $56.8MM in 2026/27) would be far more complicated. Additionally, Golden State has posted a 46-22 regular season record with Butler on the court since acquiring him last season and still believe he can return and help the team before the end of the 2026/27 season.

On top of that, there’s the human element to consider, Stein notes. Dunleavy played with Butler in Chicago before his retirement as a player and has known him for more than a decade, which could make the Warriors’ GM more reluctant to part ways with the star forward in the early stages of his recovery from a serious injury.

Here are a few more rumors and notes from Stein:

  • Ja Morant‘s popularity in Memphis will be a factor the Grizzlies take into account as they weigh trade scenarios involving the two-time All-Star, says Stein. In Stein’s view, the Grizzlies would have a hard time selling their fans on a return similar to the one Atlanta got for Trae Young earlier this month (CJ McCollum and Corey Kispert) and would probably need to get back more than a couple favorable veteran contracts to make a deal worthwhile. Given the limited league-wide interest in Morant so far, extracting a stronger package that includes intriguing young talent and/or draft assets will be a challenge.
  • The Sixers and Mavericks are among the teams with multiple players on two-way contracts whom they want to promote to their standard roster before the end of the season, Stein writes. A league source says Philadelphia is expected to find a way to convert both Dominick Barlow and Jabari Walker, and Stein believes Dallas will seek a path to promote both Ryan Nembhard and Moussa Cisse. The 76ers currently have one open standard roster spot but are operating in tax territory, while the Mavs have a full 15-man roster and minimal flexibility below its second-apron hard cap.
  • As we outlined over the weekend in a Front Office story, the Sixers are fast approaching their limit of 90 “under-15” games — a team carrying fewer than 15 players on its standard roster can only use a total of 90 active games for all of its two-way players, and Philadelphia is now at 86. That means in order to keep Barlow and Walker active beyond this Saturday, one will have to be promoted sooner rather than later, or the 76ers will have to fill their 15th roster spot with a newcomer.
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