The Warriors will trade Jonathan Kuminga and Buddy Hield to the Hawks in exchange for Kristaps Porzingis, sources tell ESPN’s Shams Charania (Twitter link). It’s a straight player exchange with no draft picks involved, according to Jake Fischer of The Stein Line (Twitter link).

The deal ends Kuminga’s long saga with Golden State, which was highlighted by occasional moments of brilliance mixed with frustration over not being able to land a consistent starting role or regular playing time during his five seasons with the team. He was hoping for an exit during restricted free agency last summer, but he didn’t receive an offer sheet and the Warriors shut down any idea of a sign-and-trade rather quickly.

Kuminga received several offers from Golden State during the process, but he was reluctant to agree to anything that included a team option. He relented shortly before the start of training camp and accepted a deal with a $22.5MM salary for this season and a $24.3MM team option for 2026/27 that will now be controlled by Atlanta.

Over the past few weeks, several teams expressed interest in trading for Kuminga, who has only been available for 20 games this season, but the Warriors were hesitant to take back long-term money in any deal. Instead they get Porzingis, whose $30.7MM expiring contract will give them financial flexibility for the offseason.

Golden State may be interested in a longer arrangement with the 30-year-old big man, as Charania reports that they’ve viewed Porzingis as a potential target for the past two months in their search for another stretch five. Porzingis has been limited to 17 games this season and is currently sidelined with an illness, but he’s a career 36.6% shooter from long distance and played a vital role on Boston’s championship team two years ago.

Hield, 33, gives Atlanta another outside shooter after sending Vit Krejci to Portland earlier this week. He’s under contract for $9.7MM next season, but only $3MM of that is guaranteed until the day after the draft.

The Hawks could decide to waive both players and have $25MM in cap space this summer, according to Yossi Gozlan of The Third Apron (Twitter link). He adds that they could also use Kuminga’s non-Bird rights to give him an extension worth up to $116MM over four years.

Parting with Kuminga likely signals the end of the Warriors’ pursuit of Giannis Antetokounmpo before the trade deadline. Marc Stein of The Stein Line notes (via Twitter) that he was a central part of Golden State’s offer, which likely reduces the Bucks‘ options to Miami and Minnesota if they’re determined to move him on Thursday.

Brett Siegel of ClutchPoints reports that the Warriors contacted Milwaukee several times this week with an offer for Antetokounmpo centered around Kuminga, Draymond Green, Brandin Podziemski and multiple first-round picks. After receiving a “clear indication” that the Bucks wouldn’t accept that deal, they pivoted to their pursuit of Porzingis.

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