Multiple Factors Slowing Down NBA Trade Market
The rumor mill was relatively quiet at the start of NBA trade deadline week on Monday, according to Adrian Wojnarowski of ESPN, who suggested to colleague Bobby Marks in the latest Woj Pod podcast that teams are a bit underwhelmed by what’s available on the market.
“There’s a bit of a logjam. There’s a bit of a sense of, I would almost say, ‘Is this all there is?'” Wojnarowski said. “I think a lot of GMs who want to get better – some have the assets to do it, some don’t necessarily have as many – are looking around going, ‘I just don’t see many guys out here who move the needle for us.'”
Wojnarowski still expects a busy deadline day on Thursday, perhaps with two or three trades completed on Tuesday or Wednesday. However, he’s not convinced that many of the deals made this week will involve difference-making players, noting that there haven’t been many recent conversations about presumed trade candidates such as Trail Blazers guard Malcolm Brogdon, Wizards forward Kyle Kuzma, and Pistons forward Bojan Bogdanovic.
“I think we’re going to have trades and pieces are going to move around,” Woj said. “… We may see a lot of player number seven through 11, seven through 12 on rosters, second-round picks, a lot of those changing hands over the next 72 hours.”
Of course, a handful of major trades have been made since the 2023/24 season began, with players like James Harden, OG Anunoby, and Pascal Siakam on the move. Damian Lillard and Jrue Holiday were traded just ahead of training camp. In addition to the fact that some of this season’s top trade candidates have already been dealt, there are several other factors contributing to the slow development of the trade market.
One of those factors, according to Wojnarowski, is the continued impact of the play-in tournament, which has given teams more avenues to qualify for the postseason and has created more buyers than sellers during the season. Of the few sellers, some have set very high asking prices for their players, particularly the ones on multiyear deals. Meanwhile, many prospective buyers don’t have the assets or the flexibility to make significant deals, with three-quarters of the tradable future first-round picks controlled by just 11 teams.
A belief that the 2024 draft class is weaker than average may also slow down the trade market. “Nobody’s excited” about this year’s draft, according to Wojnarowski, so a team may be less inclined to move a useful veteran if the return package is headlined by a ’24 draft pick.
The new rules introduced in the league’s latest Collective Bargaining Agreement are another wild card in play as teams seek potential deals. According to Jake Fischer of Yahoo Sports, the more strict salary-matching rules for teams above either tax apron appear to be creating challenges for some front offices — those teams aren’t permitted to take back more than 110% of the salaries they send out in a trade. Under the previous CBA, it was 125%.
As previously noted, several of this season’s bigger-name trade candidates are also under contract for multiple seasons, affording sellers the opportunity to be patient if they don’t get offers they like this week. Fischer points to Atlanta and Dejounte Murray as one example, suggesting the Hawks could be in a better position this offseason to land the type of first-round compensation they’re seeking for Murray, since more teams will be able to move more picks at that time. The Lakers, for instance, could move up to three future first-rounders this summer, but can only trade one this week.
The more punitive restrictions facing tax apron teams after the end of this season has also made certain clubs hesitant to take on sizable long-term contracts or to trade for a third player on a maximum-salary deal, especially if that player isn’t an All-NBA caliber talent, per Tim Bontemps and Marks at ESPN.com. That’s one reason why interest in Bulls guard Zach LaVine was so tepid even before the team announced he’d be undergoing season-ending foot surgery.
With over 48 hours to go until Thursday’s 2 pm CT deadline, there’s still time for the trade market to roar to life, but it certainly doesn’t sound like we should expect a repeat of 2023’s deadline, when stars like Kevin Durant and Kyrie Irving changed teams.
Trade Rumors: Bucks, Wright, Suns, Mavs, Hornets, Knicks, Magic, Bulls
The Bucks remain committed to upgrading their roster in the hopes of contending for a championship this season and are “shopping hard for help,” one league source tells Jake Fischer of Yahoo Sports.
Milwaukee doesn’t have a ton of trade assets on hand to offer, so the team’s most likely outgoing package would consist of Pat Connaughton, Cameron Payne, and Portland’s 2024 second-round pick (currently projected to be No. 35), says Fischer. Connaughton and Payne only make up $11.4MM in outgoing money, so Bobby Portis and his $11.7MM cap hit would need to be included if Milwaukee targets a higher-salary player, Fischer notes.
One potential target who has been linked to the Bucks is Wizards guard Delon Wright, sources tell Fischer. Wright would be a logical fit for a Milwaukee team looking to improve its perimeter defense, though it’s unclear how high he ranks on the Bucks’ list of targets, Fischer writes, adding that the veteran point guard has a wide-ranging market.
Here are a few more trade rumors from around the NBA:
- The Suns are still viewed as the leading suitor for Hornets forward Miles Bridges, league sources tell Fischer. Phoenix’s offer would likely consist of Nassir Little, Josh Okogie, and two second-round picks, per Fischer, though Charlotte is holding out hope of landing a first-rounder for Bridges. The Pistons and Jazz also continue to be linked to the Hornets forward, who has the ability to veto a trade, but the Mavericks – who are seeking forward help – haven’t shown interest in Bridges or Nets forward Dorian Finney-Smith as of late, Fischer reports.
- The Hornets are fielding more trade inquiries on forward P.J. Washington than any other player, though they aren’t necessarily actively shopping him, according to Roderick Boone of The Charlotte Observer. Fischer confirms a previous report stating the Mavericks are among the teams with interest in Washington, but hears that the Clippers are an unlikely landing spot.
- Although the Knicks are among the other clubs with interest in Washington, sources tell Fischer, New York is believed to prefer Raptors wing Bruce Brown. Fischer adds that Quentin Grimes continues to generate interest from teams like the Hawks and Jazz, while Tony Jones of The Athletic said during an appearance on ESPN 700 in Utah that he believes Jazz guard Jordan Clarkson would welcome a trade to the Knicks (hat tip to Patrick Byrnes of SI.com).
- There have been some whispers around the league about the Magic targeting an experienced point guard such as Kyle Lowry (Hornets) or Chris Paul (Warriors), but Fischer doesn’t believe Orlando has trade interest in either player. Additionally, while the Magic could use some more outside shooting, the club isn’t thought to be pursuing upgrades in that area unless there’s a player who would be a positive on defense as well, according to Fischer, who cites Kings sharpshooter Kevin Huerter as one example of a player who is not on Orlando’s wish list.
- Bulls guard Coby White is considered off limits in trade talks and Chicago’s asking price for Alex Caruso is very steep, league sources tell Yahoo Sports. With Zach LaVine out for the season, center Andre Drummond now appears to be the Bull most likely to be dealt, Fischer adds.
Trade Rumors: Wiggins, Pacers, Brogdon, Lakers, More
While the 21-25 Warriors have had a disappointing season to this point and are once again projected to have a record-setting payroll and luxury tax bill, ownership hasn’t given a mandate for the front office to do anything but try to improve the roster, according to Shams Charania of The Athletic (Twitter link), who says Golden State won’t be looking to simply offload the large salaries of players like Andrew Wiggins or Chris Paul.
Charania includes Klay Thompson in that group as well, though ESPN’s Brian Windhorst previously stated the Warriors aren’t interested in moving Thompson.
Charania confirms the Mavericks are interested in Wiggins, and adds the Pacers to the list of teams intrigued by the former No. 1 overall pick. Any deal sending Wiggins to Indiana would likely have to include Buddy Hield for salary-matching purposes, though that’s just an observation, not reporting.
According to Charania, unless the Warriors are blown away by an offer, they’re unlikely to trade any of those three veterans, particularly with their values at low points for various reasons. To this point, Charania says Golden State hasn’t received an offer that “moves the needle.”
Here are some more trade rumors from around the NBA, all courtesy of Marc Stein at Substack:
- Once viewed as a strong trade candidate, Trail Blazers guard Malcolm Brogdon may have swung in the opposite direction. He has publicly said he’s happy in Portland and would prefer to stay, with Jake Fischer of Yahoo Sports later reporting there was skepticism Brogdon would be moved. According to Stein, there have been “recent rumblings” that Brogdon is actually hoping to sign an extension with the Blazers. The reigning Sixth Man of the Year is not eligible for an in-season extension, but will become extension-eligible during the 2024 offseason, when he will make $22.5MM in the final year of his deal. Given Portland’s place in the standings and the presence of Anfernee Simons and Scoot Henderson, Stein wonders whether the Blazers will actually consider an extension for a 31-year-old veteran like Brogdon, but says the idea of a “longer stay than anticipated” has “gained credence.”
- Given their limited asset pool — they can only trade one future first-round pick right now — the Lakers appear more likely to make a minor trade than a major one, Stein says. They continue to be linked to the Raptors‘ Bruce Brown, but Jarred Vanderbilt‘s injury weakened the roster, and Stein suggests Los Angeles may not see a major difference-makers in the market, particularly for what it can offer. Waiting until the offseason would free up more options, as the Lakers could then trade as many as three first-round picks.
- According to Stein, Bulls guard Zach LaVine (foot surgery), Jazz forward Lauri Markkanen, Warriors forward Jonathan Kuminga, Trail Blazers forward Jerami Grant, and the Cavaliers‘ Donovan Mitchell and Jarrett Allen are among the “marquee players” who won’t be moved this season. Dejounte Murray and Kyle Kuzma are “two of the most coveted players” ahead of the February 8 deadline, but because they’re on long-term contracts, the Hawks and Wizards, respectively, might need to be patient to receive the assets they want in return, as first-round picks are hard to come by at the moment, per Stein.
Kawhi Leonard, Trae Young Named Players Of The Week
Clippers forward Kawhi Leonard and Hawks guard Trae Young have been named the NBA’s Players of the Week, the league announced (via Twitter).
Leonard helped lead L.A. to a 3-1 record last week, averaging 29.8 points, 8.0 rebounds, 3.5 assists, 2.0 steals and 1.0 block while posting a .566/.480/1.000 shooting line (33.4 minutes). The 32-year-old was recently named an All-Star reserve for the Western Conference, his sixth selection to the exhibition contest.
Young, 25, helped guide Atlanta to a perfect 3-0 record last week, averaging 31.0 points, 11.3 assists and 1.7 steals on .569/.645/.778 shooting (39.6 minutes). A two-time All-Star, Young wasn’t selected this season, likely in part due to the Hawks’ record (they’re 22-27), but he could be named an injury replacement for Julius Randle or Joel Embiid, unless the league prioritizes frontcourt players.
According to the NBA, the other nominees in the West were Stephen Curry, Luka Doncic, Shai Gilgeous-Alexander, Rudy Gobert, Nikola Jokic and Domantas Sabonis, while Paolo Banchero, Franz Wagner, Jalen Brunson, Donovan Mitchell and Cam Thomas were nominated in the East (Twitter link).
Scotto’s Latest: Jones, Wright, Hayes, Grizzlies, Okoro, More
He may not be a splashy name, but veteran point guard Tyus Jones is drawing interest from a variety of teams on the trade market, reports Michael Scotto of HoopsHype.
The Lakers and Timberwolves have previously been linked to Jones, which Scotto confirms. However, he also adds three new possible suitors to the list: the Magic, Spurs and Nets.
As Scotto previously reported, the Wizards want a first-round pick back for Jones, preferably one beyond the 2024 draft, with a chance at being a top-20 selection. However, rival executives are reportedly confident that Washington will ultimately accept multiple second-rounders for the 27-year-old, who likely wouldn’t be a starter in certain situations and is on an expiring $14MM contract.
Jones has been the NBA’s assist-to-turnover leader for several years running and is posting career highs in several categories as a full-time starter for the first time in his NBA career, averaging 12.2 PPG, 6.3 APG (against 0.9 TOV), 2.8 RPG and 1.2 SPG on .491/.392/.758 shooting in 49 games (28.5 MPG). He has limitations too of course, namely size (he’s listed at 6’1″, 196 lbs.), which limits his defensive versatility.
It’s worth noting that San Antonio currently deploys Jones’ younger brother, Tre Jones, as its starting point guard, though the Spurs are reportedly on the lookout for a long-term fixture at the position, viewing Tre as more of a strong backup.
The Magic seem like an odd fit for Jones, since they have Markelle Fultz (another impending free agent), Cole Anthony, Jalen Suggs and Anthony Black as backcourt players who can initiate offense, though those duties are frequently handled by Paolo Banchero and Franz Wagner. Jones would obviously help on the turnovers front, but he’s small as opposed to rangy and athletic, which is the mold of the rest of Orlando’s roster, and he isn’t a high-volume long-range shooter (3.7 three-point attempts per game), which is a team weakness.
Here’s more from Scotto’s latest rumor round-up:
- The Celtics, Kings and Timberwolves are among the teams with interest in Wizards guard Delon Wright, sources tell Scotto. Washington is looking for second-round picks for the veteran guard, who had a previous stint with Sacramento back in 2020/21. Known for his excellent defense, Wright is on an expiring $8.2MM contract.
- Omari Sankofa II of The Detroit Free Press (subscription required) reported on Sunday that Killian Hayes‘ camp preferred a change of scenery, and sources tell Scotto the Grizzlies are among the teams to show interest in the fourth-year Pistons guard. Hayes has fallen out of Detroit’s rotation of late and could be a restricted free agent if given a qualifying offer this summer. As for players rivals teams are monitoring from Memphis’ side, Scotto hears Xavier Tillman, Ziaire Williams and Jake LaRavia are all considered potential trade candidates. Tillman will be an unrestricted free agent, while former first-rounders Williams (third year) and LaRavia (second) are still on rookie scale deals.
- Forward Danilo Gallinari is another Pistons trade candidate, Scotto adds, with the Lakers checking in on the asking price for the Italian veteran.
- Cavaliers wing Isaac Okoro is considered a trade candidate by rival teams, Scotto writes. One GM who spoke to HoopsHype speculated that Okoro could get $14MM annually in free agency this summer — right around the projected mid-level exception for 2024/25. As with Hayes, Okoro will be a restricted free agent if he’s tendered a qualifying offer, otherwise he’d be unrestricted and free to sign with any team. According to Scotto, the Knicks, Hawks, Pacers, Suns and Bucks are all worth watching, as they all have an interest in two-way wings.
- In addition to Tyus Jones, Monte Morris, Bones Hyland and Wright, the Timberwolves also have interest in Pistons guard Alec Burks, Scotto reports. As Sankofa reported, the Pistons value Burks and “aren’t eager” to part with him. Sankofa suggested it would take a “strong offer” for Detroit to trade the 32-year-old, who will be an unrestricted free agent this summer. As for players Minnesota might move, rival executives are eyeing Wendell Moore, Shake Milton and Troy Brown, according to Scotto.
- The Timberwolves are “hopeful” about their chances of re-signing veteran point guard Mike Conley this summer, Scotto adds. Conley, 36, has started all 45 of his games this year for Minnesota, averaging 10.6 PPG, 6.4 APG, 2.8 RPG and 1.0 SPG while shooting 43.6% from long distance. He’s making $24.4MM in the final year of his deal.
- The Celtics continue to look for bench upgrades, with minimum-salary players and draft picks the likely outgoing pieces in a deal, according to Scotto.
Nets Rumors: Bridges, Finney-Smith, O’Neale, Murray, Claxton
The Nets have no interest in rebuilding as Thursday’s trade deadline approaches, which means any rumored deals involving Mikal Bridges are off the table, sources tell Michael Scotto of HoopsHype. Scotto’s sources confirm that Brooklyn’s front office refused to discuss Bridges when the Rockets offered to return some of the draft assets they own from the James Harden deal in 2021.
According to Scotto, the Nets view Bridges as a foundation piece with a team-friendly contract that will pay him $23M next season and $24.9M in 2025-26. With Ben Simmons‘ $40.3M salary coming off the books after next season, Brooklyn officials believe they have a two-year window to add stars around Bridges. That could eventually make him a second or third option instead of the main focus of the offense, Scotto adds.
There’s more from Scotto on the Nets:
- Dorian Finney-Smith and Royce O’Neale are both attracting trade interest, according to Scotto’s sources. Rival teams believe the Nets could acquire a first-round pick and a rotation player in exchange for Finney-Smith, who is under contract for $14.9M next season and has a $15.37M player option for 2025/26. The price for O’Neale, who has a $9.5M expiring contract, is viewed as multiple second-round picks, Scotto adds. Sources tell Scotto that Finney-Smith has attracted “significant interest” from several playoff contenders, including the Mavericks and Lakers, who may have lost Jarred Vanderbilt for the rest of the season. Finney-Smith played for Dallas before being shipped to Brooklyn in last year’s Kyrie Irving deal and he remains a close friend of Luka Doncic, according to Scotto. The Bucks, Thunder, Suns and Kings are other teams to watch for Finney-Smith, Scotto adds, while the Mavericks, Nuggets, Pacers, Bucks, Timberwolves, Suns and Kings have interest in O’Neale.
- Scotto suggests the Nets might be open to trading for Dejounte Murray if the Hawks are willing to accept Spencer Dinwiddie and a first-round pick in return. Atlanta is currently asking for two first-rounders in exchange for Murray, and Scotto notes that he has a 15% trade kicker as part of his contract, which will pay him $120.1M over the next four seasons (give or take a few million depending on incentives and that trade bonus).
- A few teams have inquired about Nic Claxton, but Scotto says many rival executives believe the Nets will try to re-sign their starting center when he becomes a free agent this offseason.
Clint Capela Strains Adductor, Will Be Reassessed In 7-10 Days
Veteran Hawks starting center Clint Capela has sustained a left adductor strain, per an Atlanta press statement. The club indicates that its medical staff is set to reevaluate Capela’s health in seven-to-10 days.
Across 47 contests thus far this season, the 6’10” big man is averaging 11.5 PPG on 57.5% shooting from the field. He’s also logging 10.6 RPG, 1.5 BPG and 1.0 APG.
Capela is among a handful of well-compensated Hawks vets potentially being shopped for the squad by this Thursday’s trade deadline. He could theoretically provide significant value to a true contender’s front line, as a solid two-way, rim-rolling five.
At 22-27, Atlanta is currently the No. 10 seed in the Eastern Conference, and is fighting for its play-in life.
Reserve Onyeka Okongwu seems likely to step in for Capela as the Hawks’ starting center while the 29-year-old recuperates.
Knicks, Rich Paul Reportedly Work Out Differences
Klutch Sports CEO Rich Paul met with Knicks management on Friday and “things were hashed out,” a source told Stefan Bondy of The New York Post (Twitter link). The two sides are now focused on moving forward with a better working relationship, says Bondy.
Paul had a long-running feud with Knicks management of unknown origin, though it’s worth noting that New York has a reputation of favoring clients of CAA, the agency that employed Leon Rose before he took over as New York’s president of basketball operations.
While Paul’s most famous client is Lakers superstar LeBron James, he represents many players around the league, including Hawks guard Dejounte Murray. The former All-Star has been one of the more accomplished players frequently mentioned in trade rumors this season.
A December report from Ian Begley of SNY.tv said “some prominent members” of the Knicks viewed Murray as an “ideal trade target,” but there was a hurdle to overcome due to Paul. However, Begley also said Paul was open to an in-person meeting with the Knicks to work out their differences, and now that has reportedly come to fruition.
It’s unclear if the cleared air between Paul and Knicks brass will be the impetus for renewed trade talks for Murray, but it’s certainly a noteworthy development with the trade deadline less than a week away.
The Hawks are viewed by rival executives as the “most active and aggressive team” on the trade market, according to Jake Fischer of Yahoo Sports, and they’re said to be interested in third-year wing Quentin Grimes. New York has multiple future first-round picks — which Atlanta reportedly covets for Murray — and also has Evan Fournier for salary-matching purposes.
Fischer’s Latest: Carter, Brogdon, Smart, Hawks, Jones, Hornets
While there will likely be plenty of trades completed between now and next Thursday’s deadline, many of the players whom rival teams had hoped would hit the market aren’t expected to be available this season, writes Jake Fischer of Yahoo Sports.
As Fischer details, that list of players who are believed to be off-limits includes several current and former All-Stars, such as Lauri Markkanen, Donovan Mitchell, Jarrett Allen, and Karl-Anthony Towns. It also features talented forwards Mikal Bridges and Jerami Grant, as well as rising talent Jonathan Kuminga.
Fischer isn’t the first to report that those players likely won’t be on the move at the deadline, so no names in that group come as real surprises. However, Fischer adds a few more players to the list of unlikely trade candidates, writing that Magic center Wendell Carter Jr. is no longer considered available and citing league personnel who are skeptical that the Trail Blazers will part with Malcolm Brogdon.
Additionally, while a handful of clubs – including the Bucks and Lakers – have called the Grizzlies to inquire about Marcus Smart, according to Fischer, Memphis has shown no interest in moving the veteran guard, who remains in the team’s plans beyond this season.
Here are a few more trade-related notes and rumors from Fischer:
- The Hawks are viewed by rival executives as the most “active and aggressive” team in the trade market, with Dejounte Murray, Clint Capela, De’Andre Hunter, and AJ Griffin among the players who could be moved. While previous reports have indicated that Trae Young and Jalen Johnson are Atlanta’s only two untouchable players, Fischer says the club values Bogdan Bogdanovic as highly as any player on its roster outside of Young and Johnson.
- Even though the Wizards are seeking a first-round pick for Tyus Jones, rival executives are confident that Washington will ultimately accept a package consisting of multiple second-rounders for the veteran point guard, per Fischer. Jones is on an expiring contract and wouldn’t be a starter on many teams, so a first-rounder would be a high price to pay.
- Hornets forward P.J. Washington and center Nick Richards are generating a good deal of interest from potential trade partners, league sources tell Fischer. Kyle Lowry, Gordon Hayward, and Miles Bridges are among Charlotte’s other trade candidates.
- We also passed along several of Fischer’s trade rumors related to Western Conference teams in a separate article.
Eastern Notes: Simmons, Wizards, Pistons, Russell, Hawks
After recording 10 points, eight rebounds and 11 assists with no turnovers in 18 minutes during Monday’s win vs. Utah, former No. 1 overall pick Ben Simmons appeared to tweak his left knee due to an awkward landing after blocking Talen Horton-Tucker‘s shot (video link).
The Nets swingman subsequently underwent an MRI after experiencing swelling, but it revealed no structural damage, reports Shams Charania of The Athletic (via Twitter).
Simmons is out for Wednesday’s contest against Phoenix with a left knee contusion and is considered day-to-day, according to head coach Jacque Vaughn (Twitter link via ESPN’s Tim Bontemps). Simmons’ agent, Bernard Lee, said there’s hope that it will be a one-game absence, since Brooklyn doesn’t play again until Saturday vs. Philly, giving the 27-year-old more time to recover (Twitter link).
Here’s more from the East:
- As has been previously reported, the Wizards are focused on securing first-round draft picks — preferably in drafts beyond 2024 — as they take calls on veterans, according to David Aldridge and Josh Robbins of The Athletic, who take a look at the possible return value of nine different players on the roster. League sources tell The Athletic’s duo that the Wizards are looking for two first-rounders for Kyle Kuzma, though the writers have gotten some push back on that from sources within the team, who said the reported asking price is “somewhat overblown.”
- While Bojan Bogdanovic has popped up in plenty of trade rumors the past couple years, James L. Edwards III of The Athletic isn’t convinced the Croatian veteran will be moved prior to the February 8 deadline. Edwards hears the Pistons are willing to take calls on Bogdanovic and Alec Burks, but they aren’t actively shopping two of their best floor spacers. Edwards also covers other topics in his mailbag, including what he thinks of Detroit making a run at possible targets like Zach LaVine (he argues against it).
- In Tuesday’s matchup with the Lakers, Hawks fans taunted D’Angelo Russell with “We don’t want you!” chants, per Broderick Turner of The Los Angeles Times. Russell has been linked to Atlanta as part of L.A.’s interest in Dejounte Murray, who badly outplayed Russell en route to a Hawks win. It has been reported that Atlanta doesn’t have interest in Russell and would want to flip him to a third team in a potential deal.