Grizzlies Reportedly Lower Asking Price For Ja Morant
After trading Jaren Jackson Jr. to Utah on Tuesday, the Grizzlies have lowered their asking price for point guard Ja Morant “dramatically,” rival teams tell Jake Fischer of The Stein Line (Substack link). Kelly Iko of Yahoo Sports first reported that rivals were anticipating a reduction in Memphis’ price tag on Morant, which could pave the way for the two-time All-Star to change teams this week.
Iko describes the market for Morant as “diminished,” while Chris Mannix of SI.com agrees that interest has been limited, citing “availability, attitude and diminished production” as areas of concern for potential Morant suitors. However, Iko notes that some of those would-be suitors may return to the table after balking at Memphis’ previous demands.
The Grizzlies have increasingly recognized that a Morant trade won’t net them the same sort of hauls that they got for Jackson and Desmond Bane, Iko writes, and teams like the Timberwolves and Heat will have more interest in the guard as a buy-low target than they would’ve at Memphis’ initial price point.
Brett Siegel of ClutchPoints hears that the Grizzlies want to acquire some sort of draft compensation for Morant and may be inclined to accept the first offer that features a first-round pick, though that would presumably hinge on how much salary they’re being asked to take on. Sources tell Fischer that Memphis has conveyed a willingness to take on long-term contracts if they’re attached to worthwhile draft compensation.
Here’s more on Morant:
- While the Kings have been frequently linked to Morant, sources tell Fischer that their interest continues to be “minimal,” and James Ham of The Kings Beat hears similar rumblings, writing that Sacramento isn’t actively pursuing Morant and hasn’t spoken to the Grizzlies for two or three days. That doesn’t mean Sacramento is entirely out of the picture — Siegel cites league sources who believe the Kings would consider a Morant deal if it means moving off some of their own multiyear contracts, including perhaps those of Malik Monk and/or DeMar DeRozan. Kevin O’Connor of Yahoo Sports (Twitter link) also hears that Sacramento remains involved for Morant.
- Both the Timberwolves and Heat remain in the hunt for Giannis Antetokounmpo, so until there’s resolution on that front, they’ll presumably keep any potential Giannis-related trade assets off the table in talks with the Grizzlies. Miami has hoped to be able to land Morant for a Trae Young-esque return, Siegel explains. The Miami Herald has frequently mentioned Terry Rozier‘s and Simone Fontecchio‘s expiring contracts as a possible package for Morant, which would be an even lighter package than what Atlanta got for Young, but would create significant cap flexibility going forward for Memphis.
- There’s a “growing thought” that the Heat would be willing to sign Morant to the kind of contract extension he’ll be seeking beyond his current deal, sources tell Iko. Morant is under contract for two years and $87MM after this season.
- In addition to gauging the market for Morant, the Grizzlies have interest in potentially facilitating an Antetokounmpo trade and are closely monitoring that situation, according to Iko, who says Memphis explored the possibility of reacquiring Mike Conley from the Timberwolves before he was dealt to Chicago.
Trade Rumors: Bulls, Dosunmu, Allen, Missi, Rockets, Pelicans, More
There have been some “tangible” discussions this week between the Bulls and Pacers about a possible trade involving Ayo Dosunmu and Bennedict Mathurin, reports Jake Fischer of The Stein Line (Substack link). However, after Chicago agreed to trades for guards Jaden Ivey and Anfernee Simons on Tuesday, it’s unclear whether the team still has interest in Mathurin, who is also on the Pelicans‘ radar.
According to Fischer, the Bulls also explored multiple trade scenarios involving Nikola Vucevic before agreeing to a Simons trade with Boston, including offering Vucevic and a future first-round pick to the Cavaliers for Jarrett Allen. That’s a deal Cleveland wouldn’t have been able to make without ducking the second tax apron, since Vucevic’s $21.5MM cap hit comes in a little above Allen’s $20MM figure.
Whether due to the apron restrictions or simply a lack of interest, Cleveland turned down the offer, per Fischer, who adds that the Pacers are another team that has registered interest in Allen.
While the Bulls may not have a viable path to acquiring Allen, they remain very much in the mix for Pelicans center Yves Missi, reports Brett Siegel of ClutchPoints. According to Siegel, New Orleans has continued to seek a first-round pick in exchange for Missi, but no team has been willing to meet that asking price so far.
Here are a few more trade rumors from around the NBA:
- Speaking of the Bulls, it’s worth keeping an eye on whether they end up flipping Mike Conley in a separate trade after acquiring him from Minnesota on Tuesday, Fischer writes. There have been rumblings that if Conley is traded again and then waived, the Timberwolves would have interest in bringing him back on a minimum-salary deal. That wouldn’t be possible if Chicago waives Conley directly due to NBA rules about a traded player rejoining his previous team.
- The Rockets have been connected to Bulls guard Coby White, among other targets, with forward Dorian Finney-Smith viewed as a possible trade candidate, but Siegel hears that Houston likes its roster and would be content to stand pat at the trade deadline — or to make a smaller move or two involving minimum-salary or near-minimum players. Forward Tari Eason, who will be a restricted free agent in the offseason, has drawn significant interest, but the Rockets aren’t interested in moving him, Siegel adds.
- Sources tell ClutchPoints that the Pelicans have received offers that include multiple first-round picks for both Trey Murphy III and Herbert Jones, but they still haven’t seriously entertained the idea of trading either player. It remains very possible that New Orleans maintains its high asking prices for Murphy and Jones and keeps both players through the deadline, despite significant league-wide interest in them, Siegel writes.
- The Clippers continue to seek potential takers for Chris Paul and Kobe Brown, Siegel reports, since moving those players would help create breathing room under the hard cap – and room on the roster – to promote Jordan Miller and Kobe Sanders from their two-way deals to standard contracts.
- Recognizing that whether or not he’s traded this week is “something that’s out of my control,” Nets forward Michael Porter Jr. says he’s at peace with whatever happens, according to Brian Lewis of The New York Post. For what it’s worth though, Lewis writes in a separate subscriber-only story that more and more league sources believe Porter will ultimately end up remaining in Brooklyn through this Thursday’s deadline.
Hoops Rumors Front Office Subscriber Chat Transcript: 2/4/2026
Hoops Rumors’ Arthur Hill held a live chat today exclusively for Trade Rumors Front Office subscribers. Topics included trade options for the Hawks, Cavaliers, Clippers, Bulls and Rockets, what the Celtics' moves might mean for Jayson Tatum, the Raptors' pursuit of Domantas Sabonis, plenty of questions about Giannis Antetokounmpo's future and more!
Lakers Rumors: Wing Targets, DiVincenzo, Knecht, Sharpe
Although the Lakers remain active on the trade market, their limited assets and their desire to retain as much 2026 cap room as possible are complicating factors as they look to upgrade their roster, writes Dan Woike of The Athletic.
Some rival executives believe the Lakers are willing to trade their 2031 or 2032 first-round pick for the right wing, Woike writes, but the sort of player they’d be targeting with that pick either isn’t available at that price or isn’t available at all — that group includes Pelicans forwards Herbert Jones and Trey Murphy III.
A league source tells Woike that the Lakers have been linked to practically every defensive-minded wing on the market, including Isaac Okoro of the Bulls and Derrick Jones Jr. of the Clippers. But it seems unlikely Los Angeles would give up its lone tradable first-round pick for a player of that caliber, especially since guys like Okoro and Jones are owed guaranteed money for 2026/27 and would eat into the club’s projected cap space.
As previously reported, the Lakers could emerge as a viable Giannis Antetokounmpo suitor this summer if the Bucks don’t move him at the deadline, but for now, any potential L.A. involvement in a Giannis deal would likely be as a facilitator.
Woike identifies Timberwolves wing Donte DiVincenzo and Cavaliers center Jarrett Allen as a couple players from potential Antetokounmpo suitors who might appeal to the Lakers, and Brett Siegel of ClutchPoints hears that L.A. has expressed interest in DiVincenzo.
Those talks haven’t gained traction though, Siegel writes, and Minnesota would likely only move DiVincenzo if it was necessary to land Giannis. Even in that scenario, it’s unclear whether the Lakers would be the Wolves’ most obvious trade partner or if there’s another team more likely to give up valuable draft capital for DiVincenzo.
Dalton Knecht, the Lakers’ 2024 first-round pick, hasn’t requested a trade, but wouldn’t object to a change of scenery, Woike writes, so he’s a player to keep an eye on if the team does make a deal.
The Lakers are also considering potential non-wing trade targets — sources tell The Athletic that Nets center Day’Ron Sharpe has fans within the organization.
Still, Woike believes that any meaningful changes to the Lakers’ roster are probably more likely to happen this summer than this week.
Pistons Waive Isaac Jones
The Pistons waived forward Isaac Jones in order to clear the roster space necessary to officially completed their three-team trade with Chicago and Minnesota, tweets Keith Smith of Spotrac.
An undrafted free agent out of Washington State, Jones played well in a modest role for the Kings as a rookie in 2024/25, beginning the year on a two-way contract and earning a promotion to a standard deal last March. However, Sacramento cut him this past November to make room on its roster for Precious Achiuwa, at which time Detroit claimed the 25-year-old off waivers.
While Jones was on Detroit’s roster for nearly three months, he appeared in just one game for the Pistons, logging two garbage-time minutes. He has spent most of this season with the Motor City Cruise, the Pistons’ G League affiliate. In 26 NBAGL outings, he has averaged 15.9 points, 8.1 rebounds, 1.7 assists, and 1.3 blocks in 28.1 minutes per game, making 55.7% of his field goal attempts.
Jones’ salary was non-guaranteed when the Pistons claimed him in November but was locked in after January 7, when the team opted not to release him at the league-wide salary guarantee deadline. Unless he’s claimed off waivers again this time around, Detroit will be on the hook for Jones’ full $1,955,377 cap hit.
The trade the Pistons officially finalized on Tuesday night sent Jaden Ivey to Chicago, with Kevin Huerter and Dario Saric landing in Detroit. Since the Pistons had a full 15-man roster, they weren’t able to accommodate the one-for-two deal without waiving a player.
Saric looks like the next potential release candidate for the Pistons — cutting him would allow the club to open up a 15-man roster spot for two-way standout Daniss Jenkins, who is just one game away from reaching his limit of 50 active regular season games.
Giannis Trade Rumors: Wolves, Warriors, Heat, Lakers, Blazers
The Bucks have ramped up trade discussions involving Giannis Antetokounmpo within the past week in the wake of a report that the two-time MVP is “ready for a new home.” However, speaking to Jim Owczarski of The Milwaukee Journal Sentinel on Tuesday, Antetokounmpo didn’t sound like a player who is eager to move on from the only NBA team he’s ever played for.
“What I want deep down in my heart is I want to be a Milwaukee Buck for the rest of my career and win here,” Antetokounmpo said, before describing in depth how much the city of Milwaukee means to him. “… I got married in Milwaukee, Wisconsin. And also, legally, from the courthouse. And also, I’ve had my kids here. My father is buried here. When I open the passport of my kids and it says born in Milwaukee, Wisconsin, my dad is buried here, in Milwaukee, Wisconsin.
“So people have the audacity to come tell me and say, ‘This guy really doesn’t love Milwaukee.’ I don’t love Milwaukee? Not the people that know. The people of the city know how much I love them. This city has let me be myself, let me be father, have let me (be) a husband, have let me be my own true self.”
As strong as his feelings are for Milwaukee, Antetokounmpo has also spoken repeatedly over the years about his desire to contend for more NBA championships. The 19-29 Bucks look further away from contention than they have at any point in the last decade, which is a crucial reason why both Antetokounmpo and the Bucks have become more open-minded to the idea of a trade.
“I always listen,” Antetokounmpo said when asked about his belief in the team’s ability to build a contending roster around him. “That’s why I’m still here. I always listen and trust. But what I’m trying to say, how many chances do I have left to win a championship? So, you just gotta (be) more careful and more urgent in every decision that you make moving forward. It doesn’t change. I think I’ve listened since day one and that will never change. I have great respect, love and likeness for (general manager) Jon (Horst) and the ownership and that will never be different. Won’t change. But at the end of the day …”
At this point, according to Owczarksi, Giannis paused for about eight seconds before finishing his thought.
“You gotta look.”
Here are several of the latest Antetokounmpo-related rumors:
- The Timberwolves are discussing Jaden McDaniels, Julius Randle, and Naz Reid with teams around the NBA and are in constant communication with the Bucks as they look to gather enough assets to convince Milwaukee to send Antetokounmpo to Minnesota, according to Brett Siegel of ClutchPoints, who says Giannis finds the idea of playing alongside Anthony Edwards “extremely compelling.”
- While several rival executives believe the Wolves have a path to acquiring Antetokounmpo this week, the Heat and Warriors have also made strong pitches, Siegel notes. Still, he suggests there’s “growing skepticism” about Miami’s chances of landing Giannis ahead of Thursday’s deadline (Twitter link).
- While Draymond Green, Jonathan Kuminga, and Brandin Podziemski are presumed to be key pieces in the Warriors‘ offer for Antetokounmpo (along with multiple first-round draft picks), the Bucks are reluctant to take on Green’s contract and would likely want to reroute him to a third team if their talks with Golden State progress to an advanced stage, writes Marc Stein of The Stein Line (Substack link). Green is earning $25.9MM this season with a $27.7MM player option for 2026/27.
- The Lakers aren’t viewed as a factor in the race for Antetokounmpo at this time, but if the Bucks hang onto the star forward until the offseason, Los Angeles would become a far more viable suitor, according to Stein. While the Lakers only have one tradable first-round pick (2031 or 2032) right now, they could move up to three first-rounders (2026, 2031, and 2033) in the summer.
- Although the Trail Blazers have some level of interest in trying to trade for Antetokounmpo, the forward’s camp has continued to convey that he wouldn’t be interested in signing an extension with Portland, Stein writes, which will likely dissuade the Blazers from making an aggressive offer.
- Antetokounmpo, who is currently sidelined due to a calf strain, went through a 30-minute on-court workout on Tuesday, writes Eric Nehm of The Athletic. However, the Bucks still haven’t provided a recovery timeline or given any indication of when he might return to action.
Bulls Notes: Conley, White, Smith, Collins, Terry
The three-team deal in which the Bulls landed Jaden Ivey from the Pistons is now official.
The Bulls also acquired another guard, Mike Conley, from the Timberwolves in that transaction, but don’t expect Conley to play at all for Chicago. According to NBA insider Chris Haynes (Twitter link), Conley and the Bulls will work on a “proper path to move forward.”
That means Conley could be re-routed in another trade before Thursday’s deadline or he’ll have his contract bought out so that he can try to hook on with a contender after clearing waivers.
Here’s more on the Bulls:
- They also agreed to another big deal on Tuesday, forwarding Nikola Vucevic to Boston and acquiring guard Anfernee Simons with a pair of draft picks involved. The Bulls aren’t through wheeling and dealing, according to Julia Poe of the Chicago Tribune. The front office is trying to move Coby White as a blue-chip trade asset to leverage contending teams in the Western Conference out of draft picks or young talent. White knows he could be the next player to go. “I think sometimes there’s a narrative — just in the NBA but in general — that it’s part of the business,” White said. “But we’re still human. … Vooch was a locker room leader. Seeing him go, it was kind of tough for probably a lot of guys. You’re gonna feel something, right? We’re all human. But we still got a game and we got a job to do, so we’re going to go out there and do it.”
- After getting blasted by the Heat, the undermanned Bulls were pounded on Tuesday by the Bucks, 131-115. Jalen Smith refused to offer off-court distractions as an excuse, Joe Cowley of the Chicago Sun Times writes. ‘‘[We lost] high-value players, players that played a lot of minutes for us, but it’s the NBA,’’ he said. ‘‘It’s the job we signed up for. We’ve got to be ready to play at any point and time. It’s a next-man-up mentality.’’
- Zach Collins could be done for the season, coach Billy Donovan told Cowley and other media members. Collins injured his toe on Dec. 27 and hasn’t played since. ‘‘That could happen,” Donovan said of shutting down the big man. “As they put him two more weeks into the boot, I think how he comes out of that is going to tell a lot. He’s going to need a ramp-up period in order to run. . . . . The whole thing right now has been trying to prevent surgery.’’ Prior to that injury, he missed the first six weeks of the season with a wrist injury.
- Dalen Terry has never carved out a major role since being drafted in the first round in 2022. He’s temporarily playing more due to all the roster upheaval. He had six points and two blocks against the Bucks. “The human in me would say it’s tough but you just have to understand that this is what you get called upon for, so I’m just doing my best to try to stay ready every time I get a chance to play, and I think I’ve done a pretty good job of that,” Terry told Cowley. ‘If you would have asked me this when I was a rookie, it would have been hard. But me being four years in, I know what it is. I don’t take anything personal, and my mindset is every time I get a chance to be on an NBA court, I’m going to show why.”
Jaden Ivey Traded To Bulls In Three-Team Trade
10:20pm: The Bulls have issued a press release confirming the three-team deal. The Pistons have also confirmed the trade (Twitter link).
3:36 pm: The Timberwolves will receive cash in the three-team deal, according to Jake Fischer of The Stein Line (Twitter link).
1:31 pm: The Pistons are trading fourth-year guard Jaden Ivey to the Bulls in a three-team trade that also involves the Timberwolves, reports Shams Charania of ESPN (Twitter link).
According to Charania, Minnesota is sending veteran point guard Mike Conley to Chicago, while swingman Kevin Huerter and forward/center Dario Saric are headed from Chicago to Detroit. The Pistons will also acquire a protected 2026 first-round pick swap from the Timberwolves as part of the deal.
Ivey, who will turn 24 later this month, was the fifth overall pick in the 2022 draft and started 164 of 181 games in his first three seasons in Detroit, averaging 16.1 points and 4.4 assists per contest. However, he missed the second half of the 2024/25 season due to a broken left leg and had his debut this past fall delayed due to a right knee issue.
Ivey was playing a modest role for the East-leading Pistons this season, averaging just 8.2 PPG in 16.8 MPG in 33 outings (two starts).
With potential restricted free agency around the corner for Ivey, the Pistons apparently decided he wasn’t in their long-term plans and had begun fielding calls on him in recent weeks, per Vincent Goodwill of Yahoo Sports (Twitter link). The Bulls will add the former Purdue standout to an increasingly crowded backcourt that also features Josh Giddey, Coby White, Ayo Dosunmu, and Tre Jones.
While Giddey is considered a building block in Chicago, the acquisition of Ivey could set up the Bulls to trade one or more of their other guards ahead of this Thursday’s deadline. Chicago will take control of Ivey’s Bird rights, positioning the team to sign him to a new contract as a free agent this July.
With Ivey playing a diminished role in Detroit, the Pistons decided to swap him for a sharpshooter in Huerter who will immediately fill a hole on the roster. As good as the 36-12 Pistons have been this season, three-point shooting remains an area of weakness for the club, which ranks just 27th in the NBA in three-point makes per game (11.1) and 21st in three-point percentage (34.8%).
Huerter has struggled from beyond the arc this season, making just 31.4% of his outside shots, but he entered the season as a career 37.5% shooter and finished strong after a similarly slow start in 2024/25.
It’s unclear whether the Pistons intend to hang onto Saric, who has made just 21 appearances since the start of the ’24/25 season. Even if they plan to eventually waive him, they’ll first need to open up a roster spot in order to accommodate the one-for-two trade.
The pick swap Detroit is acquiring from Minnesota should put the team in position to move up at least a handful of spots in the draft this June. If the season ended today, the Pistons’ pick would be able to swap the No. 29 pick for No. 23.
The Timberwolves are essentially making a salary-dump move by sending out Conley’s $10.8MM expiring contract. The team began the day operating more than $8MM over the first tax apron and with a projected tax bill of about $24MM, but they’ll move below the first apron by roughly $2.5MM and will reduce their projected tax bill to just $3.8MM, tweets ESPN’s Bobby Marks.
What Minnesota ends up doing with those savings remains to be seen. The extra flexibility could come in handy in a bigger move for a player like Giannis Antetokounmpo. The newly created $10.8MM trade exception (equivalent to Conley’s outgoing salary) could also be useful to acquire more backcourt help at the deadline if the Wolves aren’t able to land Giannis. Alternately, the club might just be a single move away from ducking the tax entirely.
It’s unclear based on the terms reported so far what the Wolves will be receiving in the three-team deal, but it will likely be a very minor asset like cash, a heavily protected second-round pick, or a draft-rights player.
The Pistons will use Ivey’s outgoing $10.1MM salary to match Huerter’s incoming $18MM expiring contract while employing a portion of their $14MM trade exception to absorb Saric’s expiring $5.4MM deal. The Bulls, meanwhile, could create a trade exception equivalent to Huerter’s $18MM outgoing salary by using Saric to match Conley and taking Ivey’s salary into their unused mid-level exception, observes cap expert Yossi Gozlan (Twitter link).
And-Ones: Ott, Lee, No. 1 Pick, Graham, Dort
The Suns’ Jordan Ott and Hornets’ Charles Lee have been named the Western and Eastern Conference Coaches of the Month, respectively, for games played in January, according to the league (Twitter links). Phoenix went 11-5 last month, while Charlotte posted an 11-6 record.
David Adelman (Nuggets), Chris Finch (Timberwolves) and Tyronn Lue (Clippers) were the other Western Conference nominees. Kenny Atkinson (Cavaliers), J.B. Bickerstaff (Pistons) and Joe Mazzulla (Celtics) were also nominated from the Eastern Conference.
Here’s more from around the international basketball world:
- Kansas shooting guard Darryn Peterson and BYU forward AJ Dybantsa loom as the projected top two picks in the upcoming NBA draft, according to ESPN’s Pete Thamel. ESPN polled 20 NBA scouts and a dozen chose Peterson as the top pick, while Dybantsa garnered the other eight votes. With BYU visiting Kansas this past Saturday, those two stars put on a display to solidify their resumes. Dybantsa had 17 points and Peterson scored 18 in the Jayhawks’ victory. At least 17 NBA teams had reps at the contest. However, Bleacher Report’s Jonathan Wasserman claims there’s another legitimate candidate for the top pick (Twitter link). He says multiple front office executives and scouts have Duke’s Cameron Boozer atop their draft boards.
- Former NBA guard Devonte’ Graham and Crvena Zvevda have severed ties. After several consecutive games without playing, Graham agreed to a termination of his contract, according to Eurohoops.net. Graham only played seven EuroLeague games, averaging 3.0 points, 1.3 rebounds, and 1.1 assists in 11.2 minutes per contest. Graham, who signed with the Serbian club in August, appeared in 336 regular season NBA games, making 171 starts and posting career averages of 11.1 PPG, 2.3 RPG and 4.3 APG.
- Thunder defensive ace Luguentz Dort has hired Klutch Sports as his representative, the agency tweets. Oklahoma City holds an $18.2MM club option on his contract for next season.
LeBron James Reportedly Won’t Be Dealt
Plenty of big names have already been moved prior to Thursday’s trade deadline. LeBron James won’t join the list. James is expected to finish out the season with the Lakers, ESPN’s Dave McMenamin reports.
James, 41, has a no-trade clause and would have to approve any deal.
Last month, ESPN’s Baxter Holmes detailed the strained relationship between James and Lakers governor Jeanie Buss, which included a revelation that Buss wanted to trade the record-breaking All-Star at one point earlier in his Lakers tenure. However, that apparently won’t lead to an in-season breakup between James and the organization.
James’ plans beyond this season remain unknown. His contract expires after the season and he hasn’t indicated whether he intends to remain in L.A., join a new team, or retire.
As McMenamin notes, the Cavaliers, Knicks and Warriors are all considered possible destinations for James if he decides to play another year. Each of those teams has been pursuing big deals before the deadline, with Cleveland reportedly reaching an agreement on Tuesday to acquire James Harden.
James is still putting up solid numbers — 21.8 points, 6.6 assists and 5.8 rebounds in 33.1 minutes per game.