Afseth’s Latest: Mavs, AD, Klay, Giannis, Morant, Kessler, More

Although Dallas’ front office is open to listening to offers on Anthony Davis, Klay Thompson, Daniel Gafford and D’Angelo Russell, the Mavericks aren’t “aggressively shopping” any of those four veterans, sources tell Grant Afseth of DallasHoopsJournal.com.

As Afseth details, rival teams have gotten the impression that the Mavericks are currently evaluating not only their play to this point in the season but also their options on the trade market. They’re viewed as being “opportunistic” instead of a seller, Afseth writes, and whatever moves Dallas makes will be geared toward improving the team’s “long-term outlook.”

According to Afseth, the Mavs want to see Kyrie Irving play alongside Cooper Flagg and believe the star guard can complement the rookie forward and assist in Flagg’s development. Irving’s name is notably not among the aforementioned group.

While the Pistons, Hawks and Raptors are reportedly expected to among the suitors for Davis, sources who spoke to Afseth expressed skepticism about Davis’ fit in Detroit and Atlanta, with Toronto viewed as the best on-court landing spot of the group. Still, as Marc Stein recently reported and Afseth confirms, a Davis trade shouldn’t be viewed as an inevitability.

The Mavericks are going to want to see how this team looks with AD and Kyrie,” one source told Afseth. “There is no sense in trying to just get rid of AD. The market has to be where they want to make a deal. If there isn’t a good enough deal on the table, I don’t see a deal getting done. They’d get another look at the trade market or evaluate an extension in the summer.”

Here are a few more highlights from Afseth’s rumor round-up:

  • While Thompson’s on-court contributions have been up and down during his time in Dallas, he has remained a “positive” presence despite the organizational turmoil following the Luka Doncic trade, Afseth reports. If Dallas does end up having serious discussions about Thompson, the team is expected to be “considerate” of Thompson’s desire to play for a contender, Afseth adds.
  • The future of Giannis Antetokounmpo is the biggest storyline on the trade market, but Afseth hears there haven’t been any new developments on that front. Some rival executives still view the Knicks as the favorites to land Antetokounmpo if he’s made available, but the Heat and Spurs are among the other potential suitors for the two-time MVP.
  • Grizzlies point guard Ja Morant, who returned from a 10-game absence on Friday, is not currently available on the trade market, per Afseth. Should that change, the Heat are not viewed as being a strong fit for the two-time All-Star, Afseth continues.
  • The Rockets, Timberwolves and Kings are among the teams keeping an eye on point guards ahead of the February 5 deadline, according to Afseth.
  • The Pacers have done background work on Jazz center Walker Kessler, according to Afseth, who says Tyrese Haliburton is a fan of the fourth-year big man. Kessler, who is out for the year following shoulder surgery, was seeking $120MM+ on a long-term rookie scale extension before the season began, Afseth reports. Kessler will be a restricted free agent next offseason.

Thunder’s Isaiah Hartenstein Returning Saturday

After missing the past six games with a right soleus (calf) strain, starting center Isaiah Hartenstein is not on the Thunder‘s injury report ahead of Saturday’s NBA Cup semifinal against the Spurs, which indicates he’ll be available to play, tweets Rylan Stiles of SI.com.

Oklahoma City got some other reinforcements back ahead of Wednesday’s quarterfinal win over Phoenix, with Luguentz Dort (right adductor strain) and Alex Caruso (right quad contusion) returning from injuries that cost the defensive stalwarts three and four games, respectively.

Guard Cason Wallace, who leads the NBA in steals per game (2.3), will be active on Saturday as well after leaving Wednesday’s game early — he was hit by a hard screen from Suns center Mark Williams, per Justin Martinez of The Oklahoman (subscriber link).

The defending champions have been on an absolute tear this season, holding an active 16-game winning streak — a franchise record — heading into Saturday. The Thunder are currently 24-1, tied with the 2015/16 Warriors for the best 25-game start in NBA history.

Head coach Mark Daigneault was asked after Wednesday’s blowout victory how the Thunder have avoided complacency after winning the title in ’24/25 (Twitter video link from Martinez).

You have to understand anything in the past takes you out of the present moment,” Daigneault said in part. “Anything in the future takes you out of the present moment. And the competition happens in the present moment.”

Kam Jones, Quenton Jackson Active Tonight For Pacers

The Pacers are finally getting some reinforcements back. According to the team (Twitter link), second-round pick Kam Jones will be active to potentially make his NBA debut on Friday in Philadelphia.

Jones was upgraded to questionable for the first time in 2025/26 earlier on Friday, notes Tony East of Forbes and Circle City Spin (via Twitter).

The 38th pick in this year’s draft, Jones missed the first 24 games of his rookie season after experiencing a lower back stress reaction in training camp. The 23-year-old guard played four years at Marquette prior to signing a four-year standard contract with Indiana.

Quenton Jackson, who has been out since November 3 due to a right hamstring strain, will also be available tonight. He suited up for the Pacers’ G League affiliate on Thursday before rejoining the NBA club ahead of Friday’s game.

A fourth-year guard who is on a two-way contract, Jackson was off to a solid start before the injury, averaging 11.8 points, 3.6 assists, 3.4 rebounds and 1.0 steal on .541/.500/.722 shooting through five games (20.2 minutes per contest).

The Pacers have been absolutely ravaged by injuries this season and still have four players — Tyrese Haliburton (torn Achilles tendon), Obi Toppin (right foot stress fracture), Aaron Nesmith (left knee sprain) and Ben Sheppard (left calf strain) — sidelined.

Austin Reaves Out At Least One Week With Mild Calf Strain

Lakers guard Austin Reaves has been diagnosed with a mild left calf strain and will miss at least one week, which is when he’ll be reexamined, the team announced today (Twitter link via Dan Woike of The Athletic).

As Law Murray of The Athletic notes (via Twitter), Los Angeles plays two times over the next week (at Phoenix on Sunday and at Utah next Thursday). Reaves will likely miss both of those contests before he’s checked out again.

It’s an unfortunate development for the 6’5″ guard, who is off to a terrific start to the season, averaging 27.8 points, 6.7 assists and 5.6 rebounds in 36.9 minutes per contest. All of those figures represent career highs.

Reaves, who has been highly efficient on offense (.503/.369/.875 shooting line and a .665 True Shooting percentage), has made 21 appearances so far for the Lakers. He missed three games in early November due to a right groin injury.

With Reaves out at least two games, Gabe Vincent and Marcus Smart are the most obvious candidates for more backcourt minutes, while LeBron James will likely to take on more play-making duties.

Grizzlies’ Ja Morant To Return On Friday

5:37 pm: Morant is available tonight, the team confirmed (via Twitter). According to Cole, the Grizzlies will manage Morant’s minutes in a “smart way” (Twitter link).


11:32 am: Grizzlies point guard Ja Morant is on track to return to action on Friday vs. Utah, having been upgraded from questionable to probable on the team’s injury report, per Damichael Cole of The Memphis Commercial Appeal (Twitter link).

Morant has been sidelined for Memphis’ past 10 games due to a right calf strain, but appears set to suit up for the first time since November 15, barring a last-minute setback. Head coach Tuomas Iisalo had said on Thursday that Morant went through a full practice on Thursday and was trending toward a return on Friday.

Morant got off to a slow start this season. In 11 healthy games, he averaged 18.9 points, 8.1 assists, and 3.7 rebounds per contest, but shot just 35.2% from the floor and 16.7% on three-pointers as Memphis went 4-7. He also had a disagreement with the coaching staff that led to a one-game, team-imposed suspension.

During his injury absence, Morant earned kudos from Iisalo for his engagement and leadership on the sidelines, but it will interesting to be see how his return impacts the Grizzlies on the court. As Kevin O’Connor of Yahoo Sports details, Memphis has been more productive offensively and is moving the ball better without Morant on the floor so far this season.

Unfortunately for the Grizzlies, they still won’t get a chance to see their full starting lineup on the court together. Center Zach Edey, who returned following offseason ankle surgery around the same time Morant got hurt, will now miss the next four weeks due to nagging issues related to that same ankle. Morant and Edey have spent just five minutes on the court together this fall.

As Cole writes for The Memphis Commercial Appeal, several fans at FedExForum on Friday will be there thanks to Morant, who bought 250 tickets for the game against the Jazz to give out to fans earlier this week.

Sixers’ Tyrese Maxey Ruled Out Friday Due To Illness

5:33 pm: Embiid will be active and Quentin Grimes will start in place of Maxey, according to Derek Bodner of PHLY Sports (Twitter link).


5:11 pm: Sixers star Tyrese Maxey will miss his first game of the 2025/26 season on Friday against Indiana, tweets Tony Jones of The Athletic.

Maxey, who was initially listed as probable before being downgraded to questionable and then out, is dealing with an unspecified illness.

A 25-year-old guard, Maxey is having an outstanding sixth season for Philadelphia, averaging career highs of 31.5 points, 7.2 assists and 4.7 rebounds while leading the league with 39.9 minutes per game. He’s also contributing 1.7 SPG and 0.9 BPG, with a strong shooting slash line of .467/.391/.881 in 23 appearances.

Former league MVP Joel Embiid is probable for tonight’s matchup with the Pacers due to left knee injury recovery, per the NBA’s official injury report.

Embiid, a seven-time All-Star, missed nine consecutive games last month due to right knee soreness. He has played in three of five contests since returning, and while his athleticism and production have declined, the 31-year-old center is still able to get to the spots he wants to on offense, according to Jones.

For his part, Embiid says he’s been feeling good lately and is optimistic he’ll be able to play more minutes going forward, though the team is still carefully managing his workload — he hasn’t been cleared to play two games in three nights, let alone back-to-backs, Jones notes.

I think it’s all about getting into that rhythm and playing every other day,” Embiid said. “I think we’re getting there. The plan of playing and then two days off is working pretty well. Hopefully, that keeps going and we can start doing it every other day. But, I’m feeling pretty good.”

Mavs’ Dante Exum Undergoes Season-Ending Knee Surgery

December 12: Exum underwent successful season-ending surgery, the Mavs announced on Friday (via Twitter).


November 20: Dante Exum‘s 2025/26 season has come to an end before it even began, according to the Mavericks, who announced today (via Twitter) that the veteran guard will undergo season-ending surgery.

According to the Mavs, Exum – who had yet to play at all this fall – has continued to deal with complications related to an offseason procedure on his right knee. It has been determined that a follow-up surgery is necessary to address the issue.

It’s the latest in a long line of injuries that have limited Exum’s availability over the course of his professional career. After playing all 82 games as a rookie, the former fifth overall pick missed his entire second NBA season in 2015/16 due to a torn ACL, then was plagued by shoulder, ankle, and knee issues in subsequent years.

Exum rebuilt his value by playing in Europe from 2021-23, then returned stateside during the 2023 offseason and has been in Dallas since then. The 30-year-old has been a very effective role player for the Mavs when healthy, averaging 8.0 points, 2.8 assists, and 2.4 rebounds in 19.5 minutes per game, with a shooting line of .516/.472/.768.

However, he has been made just 75 appearances since the start of the 2023/24 season, including just 20 in ’24/25 due to right wrist surgery and a broken left hand.

With the Mavericks’ front office very much in the news as of late, the team’s handling of Exum in recent months deserves some scrutiny, notes Grant Afseth of Dallas Hoops Journal (Twitter links).

As Afseth points out, the Mavs never publicly disclosed Exum’s offseason knee surgery before today and had to use the stretch provision to waive Olivier-Maxence Prosper‘s guaranteed $3MM salary in order to create enough room under their hard cap to bring back Exum on a guaranteed minimum-salary deal. Given Exum’s injury history, that was a risky move, especially considering that Dallas badly needed backcourt depth while Kyrie Irving continued to recover from his ACL tear.

While the Mavs could waive Exum to open up a spot on their 15-man roster, they won’t have enough room under that hard cap to sign a replacement until January, barring a separate cost-cutting move. If Exum remains on the roster, Dallas could apply for a disabled player exception, but it would be worth just half of the guard’s salary, making it too small to be of much real use.

Concerns About Aprons, Depth Making Teams Warier Of Highly Paid Vets

As teams around the NBA weigh potential trades or signings that would add a maximum-salary (or near-max) veteran to their roster, they’ve become increasingly wary of navigating the tax aprons, as well as maintaining enough flexibility to build a deep roster, according to executives who spoke to ESPN’s Brian Windhorst and Tim Bontemps.

“There are two major shifts happening,” a Western Conference general manager explained to Windhorst. “We have everyone being very mindful of the aprons and carefully slotting their players to fit. Then you have the nature of the game, where you need deep rosters to play this volume of games at the speed the league is playing.”

Stars are still considered vital to building a championship-caliber roster, Windhorst writes, but front offices are more concerned than ever about the potential availability of a player who will be earning upwards of 30-35% of the salary cap, as well as the cost of acquiring and retaining that player, in terms of either salary, draft picks, or both.

“The max-level guys who make tons of money can’t play as many minutes as they could before, so they become less valuable,” an Eastern Conference executive told Bontemps. “You can’t be committing that much of your money to guys who won’t play at all or cannot sustain the same number of games and minutes.”

“You just can’t paper over a guy on your roster that isn’t delivering value at the highest levels,” another Eastern exec added, per Bontemps. “You can manage missing the lower-end guys, but the long-term salaries making $30, $40, $50 million? There’s no getting over that. Those guys bury you in this system.”

Windhorst recently broached this topic in an episode of The Hoop Collective podcast, expressing some skepticism that there will be teams willing to make massive offers for Bucks forward Giannis Antetokounmpo. However, in today’s ESPN article, Windhorst acknowledges that Antetokounmpo – a two-time MVP who is on the wrong side of 30, is on a super-max contract, and will likely warrant another huge extension in the near future – is among the potential exceptions, writing that the “old rules” still apply to a player of that caliber.

“I don’t think you’d see 29 teams make an offer like if, say, Victor (Wembanyama) was available, but there would be plenty of interest (in Antetokounmpo) and probably two to three teams would be willing to go all-in right now,” an East executive told ESPN. “Every player has risk, and he’d have some risk, but this is one you don’t have to work too hard to talk yourself into.”

Conversely, Mavericks big man Anthony Davis, whose 2025/26 salary is identical to Antetokounmpo’s and who is a year-and-a-half older, is the sort of player whose market would be less robust due to concerns about his availability and the percentage of a team’s cap he’d take up, says Bontemps.

“For a guy like Anthony Davis,” a Western Conference executive said, “it’s hard to justify them getting a 35 percent max when they aren’t playing a ton of minutes and games.”

Execs around the NBA may view Philadelphia as a cautionary tale. The Sixers are paying Joel Embiid and Paul George a combined $107MM this season — they’ve appeared in nine and eight games, respectively, and haven’t performed at their usual level.

Bontemps also points to Kings center Domantas Sabonis, Grizzlies forward Jaren Jackson Jr., and Jazz forward Lauri Markkanen as examples of players whose recent pay raises might make some teams less inclined to give up significant hauls for them if they were available. Sabonis will make $94MM in the two seasons after this one; Jackson has a four-year, $205MM extension starting in 2026; and Markkanen will make nearly $50MM annually through 2028/29.

“On their last contracts, they had good value,” an executive said of that trio. “(Now) they are all at a whole new threshold, where you look at them totally differently.”

While front offices may be proceeding with an abundance of caution on certain trade targets, that doesn’t mean that every star who ends up on the trade block will be available at a discount. Even for players with red flags, there could always be one team willing to make a more aggressive offer than what 28 others would consider rational. Still, Windhorst and Bontemps suggest this evolving league-wide sentiment is a factor that could impact the NBA’s trade market going forward.

“The aprons are causing people to think and act differently,” a scout told ESPN. “But there will always be teams that decide to strike while the irons are hot. … It’s an even bigger risk-reward calculation than it has ever been.”

Spurs Sign Kyle Mangas To Two-Way Deal, Waive Riley Minix

The Spurs have signed guard Kyle Mangas to a two-way contract, according to NBA.com’s transaction log. Two-way forward Riley Minix was waived in order to make room on the roster for Mangas, Michael Scotto of HoopsHype reports (via Twitter).

Mangas, who went undrafted out of Indiana Wesleyan in 2021, has signed non-guaranteed Exhibit 10 contracts prior to each of the last three seasons, but has yet to appear in an NBA game. Since going pro, the 6’4″ guard has played in the Czech Republic, Lithuania, Canada, and the G League.

Mangas has been playing this fall for the Austin Spurs, San Antonio’s NBAGL affiliate. In 10 games, he has averaged 18.5 points, 5.0 assists, 2.9 rebounds, and 1.5 steals in 35.8 minutes per contest, with a strong shooting line of .500/.411/.727.

Minix had also been playing well at the G League level, with averages of 15.5 PPG, 6.4 RPG, and 3.3 APG on .463/.394/.813 shooting in 11 games for Austin. However, the 25-year-old has only made four total NBA appearances for the Spurs since first joining the team on a two-way contract during the fall of 2024.

Mangas joins David Jones Garcia and Harrison Ingram as the two-way players on the Spurs’ roster. As our tracker shows, he’ll be eligible to be active for up to 35 NBA games on his new two-way deal.

Spurs’ Wembanyama Expected To Return On Saturday

Spurs star Victor Wembanyama is expected to return to action on Saturday for the team’s NBA Cup semifinal matchup with Oklahoma City, per ESPN’s Shams Charania (Twitter link). San Antonio has officially listed Wembanyama as probable to play.

Wembanyama has missed the Spurs’ past 12 games due to a left calf strain he sustained on November 14. However, there was a sense this week that he was in the final stages of his recovery from that injury.

Asked after his team’s NBA Cup quarterfinal win on Wednesday whether there was a chance Wembanyama could be back for the semifinal, head coach Mitch Johnson replied, “Very much so.”

Wembanyama, who will turn 22 in January, was playing at an MVP-caliber level prior to his injury, averaging 26.2 points, 12.9 rebounds, 4.0 assists, and 3.6 blocks in 34.6 minutes per game as San Antonio won eight of its first 12 games.

Despite losing their defensive anchor, the Spurs have remained firmly in the thick of the Western Conference playoff picture by going 9-3 in his absence. At the time of Wembanyama’s injury, the Spurs ranked 12th in the NBA in offensive rating and sixth in defensive rating. Since November 15, the team has the league’s 20th-best defense but the sixth-best offense.

Barring a late setback for Wembanyama, it appears as if Saturday will be the first time that the Spurs have De’Aaron Fox, Stephon Castle, Dylan Harper, and Wembanyama active for the game game. Whether that will be enough to topple the 24-1 Thunder and earn a spot in Tuesday’s NBA Cup championship contest remains to be seen.