2026 NBA Trade Deadline Recap

Just over a month ago, some NBA executives were predicting a quiet trade deadline. And entering this past weekend, it looked like we might be headed that way, with just one trade – the Wizards acquiring Trae Young – having been completed through the first three-plus months of the 2025/26 season.

But that changed in a major way this week, with 28 separate deals completed between Sunday and Thursday. Twenty-seven of the NBA’s 30 teams took part in at least one trade this week — only the Heat, Rockets, and Spurs stood pat.

In total, 69 players on NBA rosters changed teams at least once in this week’s trades, including 67 players on standard contracts and a pair on two-way deals.

Two-time Most Valuable Player Giannis Antetokounmpo, this winter’s most intriguing trade candidate, wasn’t among the group of players on the move. But another former MVP (James Harden) was, and so was a former Defensive Player of the Year (Jaren Jackson Jr.).

Anthony Davis and Darius Garland were among the other multi-time All-Stars dealt, along with Nikola Vucevic, Khris Middleton, and Chris Paul. And All-Defensive center Ivica Zubac headlined a group of high-level role players involved in this week’s trades.

Thanks for following along with us at Hoops Rumors. Here’s a recap of all of 2026’s deadline deals, with the details reported and announced so far:


Trades completed during deadline week

The Cavaliers and Clippers swap star point guards (story)

The rebuilding Jazz become a buyer and upgrade their frontcourt (story)

The rebuilding Wizards become a buyer and upgrade their frontcourt (story)

The Pacers land their new starting center (story)

  • Pacers acquire Ivica Zubac and Kobe Brown.
  • Clippers acquire Bennedict Mathurin, Isaiah Jackson, the Pacers’ 2026 first-round pick (top-four protected; 10-30 protected), the Pacers’ 2029 first-round pick, and the Mavericks’ 2028 second-round pick.
  • Note: If the Pacers’ 2026 first-round pick falls in its protected range, the Clippers will instead receive the Pacers’ 2031 first-round pick.

The Warriors bring the Kuminga saga to an end (story)

The red-hot Hornets add a potential long-term cornerstone to their backcourt (story)

  • Hornets acquire Coby White and Mike Conley.
  • Bulls acquire Collin Sexton, Ousmane Dieng, either the Nuggets’ or Hornets’ 2029 second-round pick (whichever is least favorable), the Nuggets’ 2031 second-round pick, and the Knicks’ 2031 second-round pick.

The Timberwolves belatedly bring in a Nickeil Alexander-Walker replacement (story)

  • Timberwolves acquire Ayo Dosunmu and Julian Phillips.
  • Bulls acquire Rob Dillingham, Leonard Miller, either the Nuggets’ or Warriors’ 2026 second-round pick (whichever is least favorable); the Cavaliers’ 2027 second-round pick; either the Timberwolves’ or Warriors’ 2031 pick (whichever is most favorable); and either the Suns’ or Rockets’ 2032 second-round pick (whichever is most favorable).

The Celtics save some money and fortify their frontcourt (story)

  • Celtics acquire Nikola Vucevic and the Nuggets’ 2027 second-round pick.
  • Bulls acquire Anfernee Simons and either the Pelicans’, Trail Blazers’, Timberwolves’, or Knicks’ 2026 second-round pick (whichever is most favorable).

The Cavaliers reshape their rotation while the Kings upsize on the wing (story)

The Lakers add some outside shooting (story)

Oklahoma City uses its draft-pick surplus to roll the dice on a promising youngster (story)

  • Thunder acquire Jared McCain.
  • Sixers acquire either the Thunder’s, Rockets’ (top-four protected), or Clippers’ 2026 first-round pick (whichever is second-most favorable); either the Thunder’s, Rockets’, Pacers’, or Heat’s 2027 second-round pick (whichever is most favorable); the Thunder’s 2028 second-round pick; and the Bucks’ 2028 second-round pick.

The Knicks create a little cap flexibility… (story)

… and add a New York native to their backcourt rotation (story)

  • Knicks acquire Jose Alvarado and the draft rights to Latavious Williams.
  • Pelicans acquire Dalen Terry, either the Magic’s, Bucks’, or Pistons’ 2026 second-round pick (whichever is least favorable), either the Pacers’, Heat’s, Rockets’, or Thunder’s 2027 second-round pick (whichever is second-most favorable), and cash.

The Bulls take a shot on a former lottery pick while the Pistons bring in a shooter (story)

  • Pistons acquire Kevin Huerter, Dario Saric, and the right to swap their 2026 first-round pick for the Timberwolves’ 2026 first-round pick (top-19 protected).
  • Bulls acquire Jaden Ivey and Mike Conley.
  • Timberwolves acquire cash ($1.1MM; from Pistons).

The Raptors avoid the tax, the Nets use their cap room, and the Clippers and CP3 finally part ways officially (story)

The Raptors add some depth up front (story)

The Suns get out of the tax while the Bulls and Bucks add some size (story)

A journeyman center joins his fifth team in five NBA seasons (story)

Portland acquires a shooter (story)

  • Trail Blazers acquire Vit Krejci.
  • Hawks acquire Duop Reath, the Hawks’ 2027 second-round pick, and the Knicks’ 2030 second-round pick.
    • Note: The Hawks’ 2027 second-round pick was previously traded to the Trail Blazers.

The Sixers make room under the tax to sign Dominick Barlow (story)

  • Grizzlies acquire Eric Gordon and the right to swap their 2032 second-round pick for the Sixers’ 2032 second-round pick.
  • Sixers acquire the draft rights to Justinian Jessup.

Cleveland bails on a disappointing offseason acquisition (story)

  • Jazz acquire Lonzo Ball, the Cavaliers’ 2028 second-round pick, and the Cavaliers’ 2032 second-round pick.
  • Cavaliers acquire TBD.
  • Note: We’re still waiting to confirm what exactly the Cavaliers acquired in this trade.

The Celtics sneak below the tax line, part one (story)

  • Jazz acquire Chris Boucher, the Nuggets’ 2027 second-round pick, and cash.
  • Celtics acquire John Tonje (two-way).

The Celtics sneak below the tax line, part two (story)

  • Nets acquire Josh Minott.
  • Celtics acquire cash ($110K).

The Celtics sneak below the tax line, part three (story)

  • Hornets acquire Xavier Tillman Sr. and cash ($3.5MM).
  • Celtics acquire the Hornets’ 2030 second-round pick (top-55 protected).

The Magic avoid being a taxpayer (story)

  • Hornets acquire Tyus Jones, either the Magic’s or Celtics’ 2027 second-round pick (whichever is least favorable), and the Magic’s 2028 second-round pick.
  • Magic acquire cash.

The Nuggets duck the tax (story)

  • Nets acquire Hunter Tyson and the Nuggets’ 2032 second-round pick.
  • Nuggets acquire either the Clippers’ or Hawks’ 2026 second-round pick (whichever is least favorable).

The first of three Ousmane Dieng trades helps Oklahoma City avoid the tax (story)

  • Hornets acquire Ousmane Dieng and either the Hawks’ or Heat’s 2029 second-round pick (whichever is most favorable).
  • Thunder acquire Mason Plumlee.

Two Northwest rivals make a minor move (story)


Notable trade candidates who stayed put


Players waived on deadline day

Officially released:

Expected to be waived:

Luka Doncic Exits Thursday’s Game With Left Leg Injury

Lakers star Luka Doncic experience left leg soreness in Thursday’s game vs. Philadelphia and has been ruled out for the remainder of the contest, the team announced (Twitter link via ESPN’s Dave McMenamin).

According to Jovan Buha (Twitter link), the Slovenian guard was grabbing at his hamstring for a couple of possessions prior to leaving the court. He was also holding his hamstring when he went to the locker room with 3:03 remaining in the second quarter, tweets Brad Turner of The Los Angeles Times.

Obviously, any type of hamstring injury is very concerning for an athlete. The Lakers will be hoping Doncic’s soreness is simply that and not a strain, which would likely sideline him for multiple weeks.

Doncic, 26, has missed eight games to this point in 2025/26. Through 41 appearances, the NBA’s leading scorer has averaged 33.4 points, 8.7 assists, 7.9 rebounds and 1.5 steals in 36.0 minutes per game. His shooting slash line is .475/.348/.779.

Austin Reaves is currently on a minutes restriction in his second game back from a calf strain, but he’s a candidate for more on-ball responsibilities if Doncic misses additional time. LeBron James and trade addition Luke Kennard are among the other Lakers who could receive more usage depending on the severity of Doncic’s injury.

Nuggets Trade Hunter Tyson To Nets To Duck Tax

10:39 pm: The trade is official, per NBA.com’s transactions log. The Nets have released Tyrese Martin to make room on their roster for Tyson, the team announced (via Twitter).

Tyson has also been waived, tweets Michael Scotto of HoopsHype.


12:58 pm: The Nuggets and Nets have agreed to a trade that will send forward Hunter Tyson to Brooklyn along with a 2032 second-round pick, reports Shams Charania of ESPN (Twitter link). In return, Denver will acquire the least favorable of the Clippers’ and Hawks’ 2026 second-rounders, Charania adds.

The move had been anticipated since Denver was operating just $400K-ish above the luxury tax line, with Tyson considered the most expendable minimum-salary player on the roster.

The trade will allow the Nuggets to duck the tax and create a second opening on their 15-man roster — they’ll have up to two weeks to add a new 14th man, with two-way standout Spencer Jones looking like the obvious candidate to fill that spot on a new standard deal. Michael Scotto of HoopsHype (Twitter link) confirms that promoting Jones is the plan.

Even after completing that move, Denver will have a roster opening that could be filled on the buyout market, and Bennett Durando of The Denver Post (Twitter link) confirms the team intends to be active on that front.

Tyson, 25, was the 37th overall pick in the 2023 draft and has spent the past three seasons with the Nuggets, but never became a trusted part of Michael Malone‘s or David Adelman‘s rotation. The 6’8″ forward has made 90 total regular season appearances, averaging 2.2 points and 1.4 rebounds in 6.8 minutes per game.

The Nuggets will create a small trade exception equivalent to Tyson’s $2.2MM outgoing salary in the deal.

Bucks Waive Nigel Hayes-Davis

The Bucks have requested waivers on forward Nigel Hayes-Davis shortly after acquiring him from Phoenix in a three-team trade, the team announced in a press release.

Hayes-Davis made his NBA debut way back in 2018, but was out of the league for seven years before signing with the Suns during the 2025 offseason. The 6’7″ forward established himself as a standout in the EuroLeague, helping Fenerbahce win a title and earning Final Four MVP honors last spring.

While Hayes-Davis parlayed his success overseas into a new NBA contract, his time in Phoenix didn’t play out as he hoped. The 31-year-old averaged just 7.2 minutes per game in 27 appearances off the bench. He played primarily in garbage time and recording 1.3 points and 1.2 rebounds per contest.

A return to Europe is a possibility for Hayes-Davis if he doesn’t catch on with a new NBA team right away. For what it’s worth, he remains eligible to sign a two-way contract but can’t rejoin the Suns.

As for the Bucks, they added salary to their books and didn’t acquire any additional assets when they swapped Cole Anthony and Amir Coffey for Ousmane Dieng and Hayes-Davis ahead of Thursday’s deadline. Given that Hayes-Davis is already off the roster, it seems safe to assume that they like Dieng.

Celtics Trade Xavier Tillman, Cash To Hornets

10:29 pm: The trade is official, according to the Hornets, who announced that they sent Boston their own top-55 protected 2030 second-round pick to complete the deal.


3:23 pm: More than an hour after the trade deadline passed, word of another deal has trickled in. According to Shams Charania of ESPN (Twitter link), the Celtics reached an agreement to send center Xavier Tillman Sr. and $3.5MM in cash to the Hornets.

It’s a minor move relative to its on-court impact. Tillman, 27, has played an extremely limited role in Boston this season, appearing in just 14 games and averaging 2.2 points and 1.8 rebounds on 7.9 minutes per night. It’s possible the Hornets won’t keep him on the roster after finalizing their trade.

However, it was a crucial move for the Celtics from a financial perspective. After opening the 2025/26 league year operating above the second tax apron, Boston has now moved all the way below the luxury tax line.

The team made cost-cutting moves involving Jrue Holiday, Kristaps Porzingis, and Georges Niang last summer, then moved Tillman, Anfernee Simons, Josh Minott, and Chris Boucher in deals this week to duck slightly out of tax territory. That’s a first step toward the team avoiding repeater penalties in future seasons.

Boston’s margins are very small — after its deadline deals and its promotion of Amari Williams to a standard contract are all official, the team will have 12 players on standard contracts and will be below the tax line by roughly $842K, tweets Yossi Gozlan of The Third Apron.

The Celtics will likely take full advantage of the rule that permits teams to carry fewer than 14 players for up to two weeks at a time and up to 28 days in total. It also seems likely that Max Shulga, another two-way player, will be promoted sooner or later — he would only count for the rookie minimum for tax purposes since he was drafted by Boston, whereas any free agent signing would count as a two-year veteran’s minimum.

The $3.5MM Charlotte will receive in the deal will more than cover Tillman’s remaining salary, so it’s essentially free money for the Hornets, who remain comfortably below the tax line themselves and won’t have a problem taking on the big man’s $2.55MM expiring contract.

Grizzlies Likely To Waive Eric Gordon

The Grizzlies are likely to waive veteran guard Eric Gordon, sources tell Kelly Iko of Yahoo Sports (Twitter link).

An 18-year veteran, Gordon was traded from Philadelphia to Memphis in a salary-dump move which saw the Grizzlies acquire a second-round pick swap from the 76ers. He has only made six appearances this season.

Gordon is making $3.6MM this season on a minimum-salary contract, but only carries a $2.3MM cap hit. Assuming he’s released by Memphis, the 37-year-old would be eligible to sign with any team except for Philadelphia.

The seventh overall pick in the 2008 draft, Gordon has averaged 15.2 points, 2.7 assists and 2.3 rebounds on .430/.373/.809 shooting over the course of 931 regular season games (31.1 minutes per contest). However, it’s been a couple years since he was a rotation regular, and it’s unclear if he’ll attract any interest on the open market at this point in his career.

Celtics Trade Josh Minott To Nets

9:52 pm: The trade is official, according to announcements from the Celtics and the Nets. Brooklyn sent cash to Boston to complete the deal and has formally waived Cam Thomas to make room on the roster for Minott.

The Celtics received $110K from the Nets, tweets Brian Lewis of The New York Post. That was the minimum necessary to make the deal legal.


1:15 pm: The Celtics are trading Josh Minott to the Nets, Shams Charania reports for ESPN (Twitter link). According to Erik Slater of ClutchPoints (Twitter link), no additional players or draft picks are involved in the deal.

Boston signed Minott last summer to a two-year, minimum-salary deal that includes a second-year team option. The athletic 6’8″ wing appeared in 33 games for the Celtics this season, including 10 starts, and averaged 5.8 points and 3.6 rebounds while shooting 44.2% from three.

While Minott played reasonably well in Boston, he has been out of the rotation since before Christmas, and moving off his contract will help the Celtics reduce their luxury tax bill or perhaps even get out of the tax entirely, though at least one more move would be necessary to accomplish that.

Keith Smith of Spotrac (via Twitter) points to Xavier Tillman Sr. as a name to keep an eye on if the Celtics are aiming to duck the tax.

[UPDATE: The Celtics have indeed traded Tillman.]

As for the Nets, they’ll use their cap room to absorb Minott’s contract. It’s unclear whether they like him and will make him part of their plans going forward or if they’re being incentivized with cash to take on his remaining salary.

Nets Waive Cam Thomas

9:50 pm: The Nets have officially waived Thomas in order to complete their acquisition of Josh Minott.


2:10 pm: After not trading him at today’s deadline, the Nets are waiving fifth-year guard Cam Thomas, reports Shams Charania of ESPN (Twitter link).

Assuming Thomas goes unclaimed on waivers, he’ll be eligible to sign with any NBA team that has room on its roster and under its hard cap for him.

Thomas wasn’t with the Nets on their flight to Orlando on Wednesday and was listed as out for tonight’s game due to personal reasons, so there were hints that a split was coming.

He held a de facto no-trade clause after signing his qualifying offer as a restricted free agent last summer, which limited Brooklyn’s ability to move him. The Cavaliers and Bucks were mentioned as possibilities, but no trade emerged before the deadline.

Thomas and his representatives were hoping the Nets would release him if he wasn’t traded so he could pick his next team once he clears waivers, according to Ian Begley of SNY.tv (Twitter link).

Thomas shared his outlook with Marc J. Spears of Andscape (Twitter link), saying, “Super excited ready to actually help and contribute to another team. My next team is getting elite scoring, good play-making and a good combo guard.”

Thomas has been a reliable scorer for Brooklyn, but injuries have limited his playing time as he appeared in just 25 games last season and 24 this year. The Nets didn’t make a strong effort to work out a long-term contract in free agency, and it became clear that his future was probably with another team.

Bulls Acquire Nick Richards In Three-Team Trade Involving Suns, Bucks

9:48 pm: The three-team trade is official, the Bulls announced (via Twitter).


1:58 pm: The Bucks and Suns have expanded the trade, adding the Bulls to the mix, Charania tweets. Richards will head to Chicago instead of Milwaukee with Ousmane Dieng going to Milwaukee.

Richards could see more playing time with the Bulls, considering they dealt Nikola Vucevic this week. Dieng wound up in Chicago earlier this week when the Thunder traded him to Charlotte, which then re-routed him to the Windy City in the Coby White deal.

Dieng appeared in 27 games off the bench for Oklahoma City. He’s making $6.67MM this season and will be a restricted free agent this summer.


11:08 am: The Bucks and Suns have reached an agreement on a trade that will send guard Cole Anthony and wing Amir Coffey to Phoenix in exchange for center Nick Richards and forward Nigel Hayes-Davis, sources tell Shams Charania of ESPN (Twitter link).

The news of the deal comes right on the heels of Charania’s report that the Bucks were informing Giannis Antetokounmpo suitors that the star forward will stay put and that they’re moving onto other trade opportunities.

This deal will probably have a minimal impact in terms of on-court performance but it does impact salary cap sheets for this season.

For the Suns, it’s a major financial boon. Phoenix drops under the luxury tax line by roughly $2.5MM and also creates a $5MM trade exception by shipping out Richards, cap expert Yossi Gozlan tweets. Richards has an expiring contract, as does Hayes-Davis, who is making just over $2MM with no future obligations.

Anthony is making just under $2.67MM this season, while Coffey has a $2.87MM salary. Both are also on expiring deals with matching cap hits of $2,296,274.

According to Phoenix radio host John Gambadoro of Arizona Sports 98.7 (Twitter link), the trade creates a pathway for the Suns to promote two-way player Jamaree Bouyea to their standard roster. Bouyea is averaging 7.0 points in 15.3 minutes per game through 25 appearances.

Phoenix was already carrying 14 players on standard contracts, one less than the maximum, but the trade will give the team more financial flexibility to promote Bouyea and remain below the tax. It remains to be seen whether the Suns will retain both Anthony and Coffey, but they could create another roster opening if they waive one of them.

Anthony has appeared in 35 games off the bench this season, averaging 6.7 points and 3.5 assists in 15.1 minutes per game.  Coffey has seen action in 30 games, averaging 2.4 points in 8.8 minutes per contest. Anthony might be the more valuable piece, as he could fill a role as a backup point.

Richards started 34 of 36 games for the Suns last season after being acquired from Phoenix but his role has diminished this season. He’s appeared in 28 games, averaging 3.2 points and 3.3 rebounds in 9.1 minutes. Hayes-Davis has seen even less court time, averaging 1.3 points in 7.2 minutes over 27 games.

While Hayes-Davis seems unlikely to play a major role in Milwaukee and is probably a candidate to be released, Richards could see rotation minutes in the team’s frontcourt.

Giannis Antetokounmpo Rumors: Bucks, Heat, Wolves, Lakers

Although they entertained trade offers for the superstar forward, the Bucks ultimately decided to keep Giannis Antetokounmpo past Thursday’s deadline, pushing a decision on his future into the offseason.

The two-time MVP made an interesting social media post on Thursday afternoon (Twitter link). He wrote, “Legends don’t chase. They attract ” alongside a video clip from “The Wolf of Wall Street” in which Leonardo DiCaprio’s character repeatedly says, “I’m not leaving,” among other obscenities.

Sources close to Antetokounmpo reiterated to Chris Haynes of NBA on Prime (Twitter video link) that the 31-year-old “never requested a trade.”

Obviously (Antetokounmpo) has been applying pressure over the last couple of years in hopes that the Bucks would turn this roster into a championship (contender),” Haynes said. “He wants to contend for a title for years and years in his prime.

But right now he’s happy. I was told that he’s committed and focused on getting back healthy from that calf injury. He’s progressing really well, to the point where he might even play in the All-Star game on February 15.”

Here are some more Giannis-related rumors:

  • A source tells Barry Jackson of The Miami Herald that the Heat were informed “very late” Wednesday night that Milwaukee would likely be retaining Antetokounmpo beyond the deadline (Twitter links). According to Jackson, Milwaukee considered the Heat’s offer and Miami was willing to “do what it took” to acquire the nine-time All-NBA member, but the Bucks preferred to wait and see what types of packages they could get in the summer. While the Warriors reportedly got the impression earlier this week the Bucks didn’t plan to trade Giannis, that was not was not how the Heat viewed the situation until late Wednesday, Jackson adds.
  • One team that was in pursuit of Giannis told Ramona Shelburne of ESPN that Milwaukee never gave a threshold it wanted met in a deal, leaving the unnamed club skeptical that the Bucks ever intended to trade Giannis this week (Twitter video link).
  • Antetokounmpo recently made it known he was interested in teaming up with Anthony Edwards on the Timberwolves, team and league sources tell Jon Krawczynski of The Athletic. According to Krawczynski, the Wolves canvassed the league to see what they could get for multiple key rotation players, but talks with the Bucks never reached an advanced stage. Krawczysnki hears that while new owners Marc Lore and Alex Rodriguez were intrigued by the possibility of a Giannis trade, they also weren’t convinced that dealing away Jaden McDaniels, Naz Reid and Joan Beringer would have been a “prudent” decision, given Antetokounmpo’s age and injury history.
  • The Lakers intend to make a “hard push” for Antetokounmpo in the summer, sources tell Broderick Turner of The Los Angeles Times. The Lakers will have three first-round picks to trade in the offseason, as opposed to the one they had access to prior to the deadline. Turner hears New York and Miami are Giannis’ preferred landing spots, but the 13-year veteran hasn’t ruled out the Lakers as a possibility.