Haywood Highsmith Nearing Return, Drawing Interest
Veteran wing Haywood Highsmith is drawing interest from playoff teams after being waived by the Nets to accommodate their three-team deal that sent Chris Paul to Toronto and Ochai Agbaji to Brooklyn, reports Michael Scotto of HoopsHype (Twitter link).
Highsmith has yet to play a game this season after he underwent surgery on a torn meniscus in August and experienced a setback in his rehab in October. However, agent Jerry Dianis tells Scotto his client is healthy, is participating in 5-on-5 scrimmages, and was targeting February 11 for his Nets debut prior to being waived.
If fully healthy, Highsmith could provide valuable depth to a playoff team. He’s a career 37.4% three-point shooter and strong defender who broke out with the Heat, with whom he played for four seasons.
Miami traded him to Brooklyn this offseason in what was viewed as a financially motivated deal.
Highsmith will clear waivers on Saturday, at which point he’ll be free to sign with any team except the Heat — a player who is traded and subsequently waived can’t return to the club that traded him away.
Celtics, Bulls Swap Anfernee Simons, Nikola Vucevic
February 5: The trade is now official, per NBA.com’s transaction log.
February 3: The Celtics and Bulls have reached an agreement on a trade that will send guard Anfernee Simons to Chicago and center Nikola Vucevic to Boston, reports ESPN’s Shams Charania (Twitter link).
Both teams will also acquire a second-round pick in the deal, Charania adds. The Celtics will receive Denver’s 2027 second-round selection in the trade, while Chicago will get the “most favorable” of four teams’ 2026 second-rounders, tweets Keith Smith of Spotrac. That pick headed to the Bulls will likely be New Orleans’ 2026 second-rounder.
A deal along these lines had long been considered a possibility for the Celtics, whose frontcourt depth took a significant blow last offseason when they traded away Kristaps Porzingis and lost Al Horford and Luke Kornet in free agency.
Simons’ $27.7MM expiring contract was also viewed as an obvious trade chip for a team that made cost-cutting moves to get below the second apron and might be looking to further reduce its luxury tax bill — or to get out of the tax altogether.
Over the course of the season, however, Simons emerged as a key part of Boston’s rotation off the bench, averaging 14.2 points, 2.4 assists, and 2.4 rebounds in 24.5 minutes per game while knocking down 39.5% of his three-pointers and 88.9% of his free throws. And with the 31-18 Celtics vying for a top-two seed in the East, ducking the tax no longer seemed like a top priority for the team.
Still, president of basketball operations Brad Stevens ultimately determined that it made sense for Boston to sacrifice some backcourt depth for another rotation player up front while saving some money and generating some additional roster flexibility in the process.
Vucevic, 35, is a floor-stretching big man who continues to produce strong offensive numbers, including 16.9 points, 9.0 rebounds, and 3.8 assists per game this season, along with a 37.6% mark on three-pointers. He’s on an expiring $21.5MM contract, so the move will reduce the Celtics’ projected tax penalty by more than $22MM, from $39.5MM to $17MM, tweets ESPN’s Bobby Marks. The club will also move below the first tax apron as a result of the deal.
Boston has a $22.5MM traded player exception from last summer’s Porzingis deal, so Vucevic could be slotted into that TPE, allowing the team to create a new exception equivalent to Simons’ outgoing salary ($27.8MM). The Celtics would have up to one year to use that exception.
As for the Bulls’ perspective, it remains to be seen whether Simons is part of their plans going forward or if the move is more about the second-round pick they’re adding. Either way, something will have to give in Chicago’s backcourt, where Simons joins a group that also includes Josh Giddey, Coby White, Ayo Dosunmu, and Tre Jones, as well as Jaden Ivey and Mike Conley, who are joining the Bulls as part of a three-team deal involving Detroit and Minnesota.
While Conley looks like a potential buyout candidate, the Bulls’ additions of Ivey and Simons suggest that at least one (and perhaps more than one) of White, Dosunmu, or Jones will be on the move this week.
The trade sending out Vucevic represents something of the end of an era in Chicago. Arturas Karnisovas‘ first major trade as the team’s executive VP of basketball operations at the 2021 deadline saw him send out Wendell Carter Jr. and multiple future first-round picks (including one that became Franz Wagner) to land the Montenegrin center. Vucevic averaged 18.1 PPG, 10.5 RPG, and 3.4 APG on .499/.349/.815 shooting in 378 regular season games as a Bull.
Michael Scotto of HoopsHype first reported last week that the Bulls inquired earlier in the season on a swap of Vucevic for Simons and a first-round pick. While Boston wasn’t interested in that offer, the Celtics eventually moved forward on the proposed framework after Chicago lowered its draft-pick asking price.
Western Notes: Garland, Porzingis, Watson, Pippen Jr.
Darius Garland wasn’t particularly surprised that the Cavaliers traded him to the Clippers. The 26-year-old guard was dealt, along with a second-round pick, for James Harden.
“I knew about it. It wasn’t a shock, though,” Garland said, per Doug Padilla of The Associated Press. “It’s the business of basketball. Cleveland was great to me and my family, and I have respect for all of those guys over there. … Seven years was a really long time, and it was great. I’m glad I’m here now. The next chapter in my book.”
Garland will now try to develop chemistry with Kawhi Leonard. He’s eager to see how coach Tyronn Lue plans to utilize him.
“I hope T-Lue uses me like he did Kyrie (Irving) in that championship run they had (in Cleveland),” he said. “But whatever T-Lue wants me to be, whatever position he wants me to be in, I’m going to do that. I’m here to win games.”
Here’s more from the Western Conference:
- The Warriors didn’t acquire Kristaps Porzingis from the Hawks in an impending trade without some assurances that the big man will return to the court soon, according to ESPN’s Anthony Slater and Shams Charania. Porzingis hasn’t played since Jan. 7, but the ESPN duo hears that the Warriors anticipate Porzingis will get back in action soon after joining Golden State. Porzingis has played only 17 games this season due to illness and left Achilles tendinitis.
- The injury-riddled Nuggets now have another ailment to overcome. Peyton Watson, who is enjoying a breakout season, injured his hamstring during the fourth quarter of their double overtime loss to New York on Wednesday, Tim Bontemps of ESPN reports. “Waiting to see the MRI,” Nuggets coach David Adelman said. “But just seeing so much of this this year. I just feel bad for the guys in the locker room. It’s deflating when you keep seeing people go down around you when you’re trying to build towards something.” Nikola Jokic and Christian Braun recently returned after missing chunks of time, while Aaron Gordon is currently dealing with a significant hamstring strain and Cameron Johnson has been out since before Christmas with a knee injury.
- Scotty Pippen Jr. is close to making his season debut for the Grizzlies. Pippen, who underwent toe surgery in October, is in the final stages of his rehab, Damichael Cole of the Memphis Commercial Appeal tweets. Coach Tuomas Iisalo is optimistic Pippen could return as early as this week. Pippen averaged 9.9 points and 4.4 assists in 79 games last season.
Miles McBride To Undergo Surgery, May Be Sidelined Until Playoffs
Knicks guard Miles McBride will have surgery on Friday to fix a core muscle injury, also known as a sports hernia, and may be out of action until the playoffs, sources tell Fred Katz of The Athletic (Twitter link).
McBride has missed the past five games, but the reason was listed as left ankle injury management. The 25-year-old suffered a high ankle sprain in early December that sidelined him for eight games.
McBride is putting up career-best numbers off New York’s bench in his first season under head coach Mike Brown. He’s averaging 12.9 points, 2.6 rebounds and 2.8 assists in 28.0 minutes per night while shooting 43.4% from the field and a career-high 42% from three-point range.
The Knicks upgraded their backcourt today by agreeing to acquire Jose Alvarado from New Orleans, so he should inherit a lot of McBride’s playing time for the rest of the regular season.
Jazz Acquire Lonzo Ball, Second-Rounders From Cavs
February 5: The Jazz have officially acquired Ball and two second-round picks from the Cavaliers, according to press releases from both teams. Utah also separately completed its deal with Atlanta involving Landale.
“Lonzo Ball was the consummate professional during his time with the Cavaliers, and we’re grateful for his hard work and team-first mentality,” Cavaliers president of basketball operations Koby Altman said in a statement. “We wish him nothing but the best moving forward.”
Oddly, neither the Jazz’s release nor the Cavs’ announcement indicated what exactly Cleveland received from Utah to complete the deal, but RealGM’s official transaction log indicates it was cash.
February 4: The Jazz have agreed to a pair of trades, according to Shams Charania of ESPN (Twitter links), who reports that Utah will be acquiring point guard Lonzo Ball and two second-round picks from the Cavaliers and is also sending center Jock Landale to the Hawks in exchange for cash considerations.
The Jazz are making their deal with Cleveland solely for the draft capital and are expected to waive Ball after the trade is complete, Charania adds (via Twitter). Once he clears waivers, he’d be eligible to sign with any team except the Cavs.
The Cavaliers acquired Ball from Chicago last summer in a swap for Isaac Okoro in the hopes that he could provide the team with a reliable replacement for Sixth Man of the Year finalist Ty Jerome, who departed in free agency. However, Ball had a disappointing season in Cleveland, averaging career lows in several categories, including points (4.6) and minutes (20.8) per game, as well as field goal percentage (30.1%) and three-point percentage (27.2%).
With the Cavs making an effort to reduce payroll and perhaps duck below the second tax apron, moving Ball and his $10MM salary made sense, especially after the team acquired guards Dennis Schröder and Keon Ellis from Sacramento over the weekend.
The Cavs will save approximately $65MM as a result of the Ball trade and are now just $3.9MM over the second apron, tweets Yossi Gozlan of The Third Apron. Cleveland may very well keep looking for ways to get out of second-apron territory in order to avoid having its 2033 first-round pick becoming “frozen” for trade purposes this offseason, but the club has already generated massive savings as a result of its recent moves — approximately $115MM in total, per Gozlan (Twitter link).
Utah, meanwhile, still had a significant amount of breathing room below the luxury tax threshold after adding to their payroll in Tuesday’s Jaren Jackson Jr. blockbuster and will take advantage of that flexibility to take on some unwanted salary and acquire the Cavs’ 2028 and 2032 second-round picks in the process, tweets Jake Fischer of The Stein Line. Those were the only second-rounders Cleveland had available to trade.
The Jazz still have a trade exception worth more than $12MM from last summer’s John Collins deal that they’ll use to absorb Ball’s pseudo-expiring contract (he has a $10MM team option for next season that will be automatically declined when he’s waived). That Collins exception was initially worth over $26MM and has since been used to acquire Georges Niang and John Konchar as well.
Landale was one of three role players the Jazz acquired alongside Jackson in Tuesday’s blockbuster with Memphis, but he wasn’t part of Utah’s future frontcourt plans and will now head to Atlanta.
The 30-year-old Australian center was having a career year for the Grizzlies prior to the trade, averaging 11.3 points, 6.5 rebounds, and 1.7 assists in 23.6 minutes per game across 45 outings (25 starts). He was also knocking down 38.0% of a career-high 2.9 three-point tries per game. He’ll provide frontcourt depth for a Hawks team that has been hit hard by injuries up front this season.
The Hawks will have to waive a player in order to make room for Landale, but that shouldn’t be a problem — both Duop Reath and N’Faly Dante are out with season-ending injuries and are candidates to be cut. They’ll be able to take on Landale without sending out any salary of their own since he’s on a minimum-salary contract.
Bucks Tell Teams They’re Keeping Giannis Antetokounmpo
The Bucks have informed interested teams that they’re hanging onto forward Giannis Antetokounmpo through Thursday’s trade deadline and will begin focusing on separate trade opportunities, reports ESPN’s Shams Charania (Twitter link).
The decision removes the top attraction from this year’s pre-deadline trade market and sets up an eventful offseason when rival teams will be able to make more tempting offers.
The Warriors, Timberwolves, Heat and Knicks were believed to be the most active suitors for Antetokounmpo, but the Bucks were signaling to teams over the past few days that they weren’t ready to part with their franchise player, according to Brett Siegel of ClutchPoints (Twitter link).
As a result, those teams began focusing on other moves, with Golden State acquiring Kristaps Porzingis, Minnesota dealing for Ayo Dosunmu and New York swapping Guerschon Yabusele for Dalen Terry.
ESPN’s Jason Collier reported earlier today that Milwaukee wasn’t feeling pressure to find a deal before the deadline, and Jake Fischer of The Stein Line got the same impression, with one rival executive telling him the Bucks “were never serious” about moving Antetokounmpo prior to this summer (Twitter link).
While holding onto Antetokounmpo could increase his eventual trade value, it also gives him more control over the process. He’s only under contract for one more season at $58.5MM and holds a $62.8MM player option for 2027/28. Being able to opt out next summer means he’ll have some leverage to quash a potential deal if he’s not being sent to a place that he wants to go.
Antetokounmpo will become eligible for a four-year, $275MM extension on October 1 if he remains in Milwaukee, notes Bobby Marks of ESPN (Twitter link). If he’s traded before then, he’ll have to wait six months from the day the deal is finalized until he can sign that maximum extension (he could get a slightly shorter, less lucrative deal within the six-month window).
Antetokounmpo is currently sidelined due to a calf strain, and with the Bucks lingering in 12th place in the East at 20-29, it may be in their best interest to have him sit out the rest of the season to maximize the value of their first-round pick and avoid the risk of injury heading into the summer. However, league sources tell Eric Nehm of The Athletic that Antetokounmpo wants to return to action once he’s fully recovered in hopes of helping the team secure a play-in spot.
Antetokounmpo has been sending out mixed signals about his desire to stay in Milwaukee since trade rumors began to heat up. He said Tuesday that he loves the city and would prefer to retire as a Buck, but he also suggested that he’s not fully convinced that the team can quickly be rebuilt into a title contender, adding that he has to look at his options.
Multiple reports have stated that the Bucks are seeking young talent and draft assets in an Antetokounmpo deal. Several teams that currently have limited draft picks available will be able to increase their offers beginning this June.
Mavericks Notes: Irving, Flagg, Davis Trade, Kidd
The decision to trade Anthony Davis may seem like the start of a youth movement, but that doesn’t mean the Mavericks are looking to part with Kyrie Irving, Grant Afseth of Dallas Hoops Journal writes in a subscriber-only story. Sources tell Afseth that the front office sees “long-term potential” in pairing Irving with rookie sensation Cooper Flagg and they’ll be the foundation to build the roster around.
Afseth hears from league sources that Flagg’s ability to handle the ball and make early reads on offense is living up to the team’s expectations heading into the draft. Some members of the organization consider him to be the team’s best passer as well as its top scorer.
Irving has been sidelined since last March with an ACL tear, so the Mavericks haven’t gotten to seen him and Flagg on the court together yet. Coach Jason Kidd said recently that the team’s disappointing record won’t affect its plans to bring back Irving this season, and there appears to be progress on that front.
Sources tell Afseth that Irving has been conducting regular skill work with assistant coach Phil Handy and has taken part in one-on-one games against members of the Mavs’ coaching and player-development staff. Afseth, who has stated in the past that Irving is expected to be physically capable of returning to action sometime after the All-Star break, watched him play recently and reports that he looked “sharp” in the workouts, creating space on his jumper, attacking the basket with his dribble and finishing drives as well as ever.
There’s more from Dallas:
- Parting with Davis’ contract — and his uncertain future due to frequent injuries — was necessary to start building a winning roster around Flagg, Christian Clark of The Athletic and Mike Curtis of The Dallas Morning News (subscription required) state in separate stories. Clark notes that the deal drops the Mavericks’ salary from near-second apron territory at $207.8MM to below the tax threshold at $187.9MM while helping to replenish their depleted draft stock. Curtis points out that the three players sent to Washington along with Davis — Jaden Hardy, D’Angelo Russell and Dante Exum — weren’t able to provide effective point guard play with Irving sidelined and were surpassed in the rotation by Brandon Williams and two-way rookie Ryan Nembhard, who may receive a standard contract later this month.
- Kevin Sherrington of The Dallas Morning News offers enthusiastic support for the trade and says whoever is responsible for putting it together should be named the full-time general manager. Michael Finley and Matt Riccardi have been sharing GM duties since Nico Harrison was fired in November.
- The Mavericks had four demands in Davis trade talks — draft assets, clearing long-term salary, roster flexibility and the ability to build for the future around Flagg — and the Wizards were able to meet them all, per Fred Katz of The Athletic. The Mavs weren’t determined to move Davis ahead of the deadline, sources tell Katz, but they recognized that his expected extension demands this summer will be higher than they wanted to pay.
- Kidd responded to the $35K fine he received for a profanity-filled tirade following Saturday’s loss at Houston, relays Brad Townsend of The Dallas Morning News (Twitter link). Kidd was upset at the officials for not calling a foul on a Flagg shot attempt late in the game and at reporters for questioning his use of Flagg at point guard early in the season. “I take full responsibility for that, for my actions, for my fine,” Kidd stated, “but I said what I had to say.”
Chris Paul To Raptors, Ochai Agbaji To Nets In Three-Team Deal
February 5: The three-team trade is now official, according to the Nets (Twitter link), who have waived veteran wing Haywood Highsmith in order to create a roster spot for Agbaji.
As Gozlan tweets, Brooklyn now has about $8.9MM in cap room remaining and also still has its $8.8MM room exception, which could be used to absorb another salary in a deadline deal.
February 4: The Clippers, Raptors, and Nets are in agreement on a three-team trade that will send guard Chris Paul from Los Angeles to Toronto, reports Shams Charania of ESPN (Twitter links).
Fourth-year forward Ochai Agbaji is headed from Toronto to Brooklyn in the deal, along with the Raptors’ 2032 second-round pick, says Charania. The Clippers will receive the draft rights to 2019 second-rounder Vanja Marinkovic from the Nets, according to Jake Fischer of The Stein Line (Twitter link), and will send $3.5MM in cash to Brooklyn, per NBA insider Chris Haynes (Twitter link).
The Raptors won’t require Paul to report to the team, according to Charania, who suggests the veteran point guard may be flipped to another club before Thursday’s deadline. If not, he’ll likely be waived.
It’s a cost-cutting move for both the Clippers and Raptors. The Clippers will open up an extra roster spot and create breathing room below their hard cap, which they’ll likely use to promote two-way players Jordan Miller and Kobe Sanders to standard contracts. Toronto, meanwhile, will duck below the tax line by swapping out Agbaji’s expiring $6.4MM contract for Paul and his $2.3MM cap hit, creating a $6.4MM trade exception in the process.
The Nets will take advantage of being the NBA’s only team with cap room by taking on a half-season of Agbaji, receiving more than enough cash to cover his remaining salary, and adding another second-round pick to their sizable collection of draft assets in the process. Acquiring Agbaji will bring Brooklyn’s cap room below $9MM, though the team would also have the option of using its $15MM+ in room in a separate deal, then absorbing the Raptors forward using its room exception.
The Nets have a full 15-man roster, so they’ll need to trade or waive a player to create room for Agbaji.
The Clippers announced over two months ago that they were “parting ways” with Paul, who wasn’t a good cultural fit, but that just meant he’d no longer be around the team, not that he was off the roster. L.A. didn’t want to waive him since it would mean eating his guaranteed salary and leaving his $2.3MM cap hit on the team’s books, compromising the front office’s ability to make additional moves around the edges of the roster.
L.A. will now have about $3.4MM below its first-apron hard cap along with a pair of open roster spots, notes cap expert Yossi Gozlan (Twitter links). Toronto will be roughly $3.1MM below the tax line and will also have two openings on its standard 15-man roster.
Bucks Not Feeling Pressure To Trade Giannis Antetokounmpo
The Bucks aren’t feeling pressure to trade Giannis Antetokounmpo ahead of Thursday’s deadline, sources tell Jamal Collier of ESPN.
Although an Antetokounmpo deal in the coming hours remains a possibility, several signs are pointing toward the saga carrying over into the offseason as the 2:00 pm CT deadline nears, Collier writes.
The Knicks and Warriors appear to have backed off their pursuit of the two-time MVP, leaving the Heat, Timberwolves, and any potential mystery teams as the suitors still in the running. But even those clubs still involved have become increasingly dubious that a trade will happen today, Collier notes.
It’s not uncommon for a team to seriously explore the possibility of trading a star player at the deadline and then revisit those conversations in the offseason. The Pelicans memorably took that route with Anthony Davis in 2019 before trading him to the Lakers that summer. The Suns took a similar path with Kevin Durant a year ago, discussing deals in January and February and then holding onto him until July, when he was sent to Houston.
While this is the closest the Bucks have ever come to trading Antetokounmpo, it’s also still not an absolute lock that he’ll be wearing a new jersey by opening night of next season.
According to Collier, Milwaukee has continued to explore the trade market for opportunities to upgrade its roster, hoping to find a buy-low opportunity with a trade partner looking to shed long-term salary. The Bucks have been linked to Grizzlies point guard Ja Morant, for instance.
Antetokounmpo said in a conversation with the Milwaukee Journal Sentinel this week that he still holds great affinity for Milwaukee and would prefer to remain with the Bucks if they could give him a legitimate chance to compete for a championship. He reiterated that message during a separate discussion with Eric Nehm of The Athletic when asked if he’d commit to another season in Milwaukee if the Bucks could build a roster capable of winning consistently.
“You’re saying that if they can convince me to stay within the team, and the next year that we can compete? Oh yeah, 1,000 percent,” Antetokounmpo said. “One million percent.”
Still, it will be extremely challenging for the Bucks – who have a 20-29 record this season – to improve their roster that significantly, given their limited trade assets. The team currently has just one tradable first-round pick, in either 2031 or 2032.
The Bucks may also not be motivated to continue pursuing win-now moves if Antetokounmpo isn’t willing to commit to them beyond next season — he becomes extension-eligible this October and could reach unrestricted free agency as soon as the summer of 2027 if he doesn’t sign a new deal before then.
Hawks Finalize Jock Landale Trade, Waive Duop Reath
The Hawks have officially finalized their previously reported trade with the Jazz, acquiring center Jock Landale from Utah in exchange for cash considerations, the team confirmed in a press release.
While that agreement was reported as part of a Jazz/Cavaliers trade, it appears the two moves will be completed separately rather than as a single three-team transaction — the Hawks’ announcement doesn’t include any mention of Cleveland’s involvement in the deal.
Landale, 30, was having a career year for the Grizzlies prior to being sent to Utah in the Jaren Jackson Jr. blockbuster, averaging 11.3 points, 6.5 rebounds, and 1.7 assists in 23.6 minutes per game across 45 outings (25 starts). He was also knocking down 38.0% of a career-high 2.9 three-point tries per game.
The Australian big man will provide frontcourt depth for a Hawks team that has been impacted by injuries up front this season and is sending Kristaps Porzingis to Golden State.
Landale is on a one-year, minimum-salary contract, so Atlanta can acquire him without sending out matching salary. The team did need to open up a spot on its 15-man roster for Landale though, and did so by placing recently acquired center Duop Reath on waivers (Twitter link).
Reath, who was dealt from Portland to Atlanta in Sunday’s Vit Krejci trade, recently underwent season-ending foot surgery and wasn’t expected to remain on the Hawks’ roster. His $2,221,677 cap hit for this season will remain on the team’s books, but he isn’t owed any salary beyond 2025/26.