Siegel’s Latest: MPJ, Warriors, Murphy, Giannis, Wolves, Magic
The Warriors had internal discussions about the possibility of pursuing Nets forward Michael Porter Jr. but received indications that the asking price would be higher than they’re comfortable with, according to Brett Siegel of ClutchPoints. The Lakers also aren’t expected to pursue Porter, Siegel writes, since they’re not looking to take on that sort of a big-money contract at this time (Porter is owed $40.8MM in 2026/27).
The Nets have conveyed to potential trade partners that they’re comfortable keeping Porter beyond this season, per Siegel, so if their asking price isn’t met, there’s a good chance he’ll remain in Brooklyn through the trade deadline.
While a Porter deal doesn’t seem likely, Siegel says the Warriors remain on the lookout for wings and have been linked to veterans like DeMar DeRozan of the Kings and old friend Andrew Wiggins, who was sent to the Heat in last season’s Jimmy Butler trade. It remains to be seen whether Miami will look to move Wiggins, but there’s still “a lot of mutual love” between the former No. 1 overall pick and the Warriors, who won a title together in 2022, Siegel notes.
Of course, the Warriors’ interest in Pelicans wing Trey Murphy III has been an open secret for months, and they’ve made him multiple calls about him this season, sources tell ClutchPoints.
Rivals believe New Orleans’ asking price for Murphy would be multiple first-round picks and a young player or two, says Siegel, but it’s unclear if the Pelicans would move him even if that price is met — they’ve reportedly told teams they don’t intend to. The Raptors are another team that has inquired on Murphy, Siegel reports.
Here are a few more highlights from Siegel’s latest league-wide rumor roundup:
- Although Giannis Antetokounmpo has said on the record that he has no intention of ever asking the Bucks to trade him, many people around the NBA still believe it’s only a matter of time until the two sides split, Siegel writes. There’s a sense it could happen in the offseason, which is one reason why several clubs want to hang onto their top trade assets. “It really seems like he’s made up his mind already,” an Eastern Conference executive told ClutchPoints. “But this is Giannis we are talking about, and he’s very careful with the words he picks when talking to the media because he doesn’t want to be painted as the villain in Milwaukee. And if we are being honest, he shouldn’t be, no matter if he requests a trade or not. He may not have directly requested a trade, but everyone knows what’s going on there. It’s basically just who will break the silence and actually say it is time to move on. Giannis doesn’t want to be that guy, and that’s understandable.”
- The Timberwolves are widely expected to address their backcourt in a deadline deal, with Magic guard Tyus Jones, Kings guard Malik Monk, and Hornets guard Collin Sexton among the players they’ve been connected to, per Siegel. Charlotte has conveyed that it would want at least one asset of value (ie. a draft pick or young player) in a Sexton deal, Siegel adds.
- There’s a belief that the Magic are open to moving Jones, forward Jonathan Isaac, and/or center Goga Bitadze, according to Siegel, who suggests Orlando could acquire second-round capital and 2026/27 cap relief in a deal involving Bitadze. The Magic are operating about $5.6MM above the luxury tax line, so they could look to duck the tax altogether by trading one or more of those players, whose salaries range from $7MM (for Jones) to $15MM (for Isaac).
Fischer’s Latest: AD, Butler, Giannis, LeBron, Raptors, Vucevic
The Mavericks are said to be open to continuing Anthony Davis trade talks while the big man recovers from his hand injury, and agent Rich Paul would reportedly like to see a deal happen before the February 5 deadline. However, the market for Davis seems to have cooled in the wake of his latest injury, writes Jake Fischer of The Stein Line (Substack link).
The Hawks and Raptors have been the two teams mentioned most frequently this season as potential suitors for Davis, but both Eastern Conference clubs have been signaling that they’re no longer involved in significant trade discussions with the Mavericks, per Fischer. The Warriors also haven’t shown legitimate interest in pursuing the 32-year-old despite being linked to him earlier in the season, Fischer adds.
By all accounts, the Mavs won’t just send Davis to the highest bidder if they don’t get any offers to their liking, so unless Atlanta or Toronto circles back to the big man or another suitor emerges in the next week or two, it sounds like the odds of AD remaining in Dallas through the deadline are rising.
Here are a few more items of interest from Fischer:
- Fischer agrees with fellow Stein Line reporter Marc Stein, who wrote on Wednesday that the Warriors are unlikely to trade Jimmy Butler at the deadline following his season-ending ACL tear. Butler has been a positive presence in Golden State’s locker room and the Warriors believes he’ll help them next season, Fischer explains, so it doesn’t make sense to move him unless his maximum-salary contract would be necessary to land a superstar like Bucks forward Giannis Antetokounmpo or Lakers forward LeBron James. Both of those players remain very much on Golden State’s radar, says Fischer, but aren’t considered probable trade candidates at this time and may not be in play until the offseason, at the earliest.
- The Raptors are signaling that they’re not pursuing Grizzlies point guard Ja Morant, but they maintain interest in Kings center Domantas Sabonis, sources tell Fischer. Toronto’s apparent lack of interest in Morant was also reported this week by Michael Grange of Sportsnet.
- Multiple sources who spoke to Fischer believe Bulls center Nikola Vucevic is unlikely to be traded at the deadline. However, the veteran big man is expected to be a popular target on the free agent market during the offseason, Fischer writes, since he’s believed to be open to taking on a more “complementary” role in the right situation after having been a full-time starter for most of his career.
Pacers, Pelicans Have Discussed Mathurin, Missi
The Pacers and Pelicans have explored various trade scenarios that would send fourth-year guard Bennedict Mathurin to New Orleans and second-year center Yves Missi to Indiana, reports Jake Fischer of The Stein Line (Substack link).
Fischer classifies the Mathurin/Missi possibility as an “incomplete deal framework,” but confirms that New Orleans has some interest in Mathurin, whom the Pacers have made available as they seek a starting-caliber center. According to Fischer, Indiana is still exploring the market to see if it can extract a stronger return for the 23-year-old Canadian, who is headed for restricted free agency this summer.
Brett Siegel of ClutchPoints and Grant Afseth of Dallas Hoops Journal previously wrote about the Pelicans’ interest in Mathurin and discussed the possibility of a deal involving Missi. Michael Scotto of HoopsHype first reported earlier in the month that the Pacers had checked in on the Pelicans big man.
Mathurin is averaging a career-high 17.8 points in 32.2 minutes per game on .423/.366/.876 shooting during the final year of his rookie contract. He has been affected by a right thumb sprain and turf toe, which have limited him to 24 appearances so far and have limited his effectiveness when he has been available. Mathurin is in line for a new contract this offseason and the Pacers – who already have $177MM in guaranteed money on their books – may not be in position to give him the sort of deal he’ll be seeking.
As for Missi, he had a promising rookie year in which he averaged 9.1 points, 8.2 rebounds, and 1.3 blocks in 26.8 minutes per game across 73 outings (67 starts). However, his playing time has dropped off this season after New Orleans drafted Derik Queen in June. The 21-year-old has averaged 5.5 PPG and 5.5 RPG in 18.8 MPG and has shifted to a reserve role.
Missi is earning $3.4MM in the second year of his rookie contract, while Mathurin has a cap hit of $9.2MM, so the Pelicans – who are just $2MM away from the luxury tax line and $3.6MM below the first apron – would need to add more salary to make a deal work.
The Pacers are hardly the only team eyeing Missi. The Bulls are also a suitor, Fischer confirms, noting that the big man appears to be generating the most interest of any of the Pelicans who are actually available. The Knicks are another team that has inquired about Missi, according to Scotto (Twitter video link).
Bulls’ Josh Giddey Will Play Tonight
5:51pm: Giddey will play tonight, Johnson tweets. He’ll be on a minutes restriction of roughly 24 minutes.
1:48pm: Bulls point guard Josh Giddey was a full participant in today’s shootaround and has been upgraded from questionable to probable for the team’s game in Minnesota on Thursday night, tweets K.C. Johnson of the Chicago Sports Network.
Giddey has been out since December 29, having missed Chicago’s past 11 games due to a left hamstring strain.
Prior to the injury, Giddey was making a case for a spot on this year’s All-Star team, posting new career highs in points (19.2), assists (9.0), and rebounds (8.9) per game, as well as three-point percentage (38.6%).
The Bulls have held their own in Giddey’s absence, going 6-5 since he went down. The team is deep enough in the backcourt to withstand the absence of its leading scorer and play-maker, with Ayo Dosunmu, Tre Jones, and Coby White all playing key roles in recent weeks.
While Giddey’s spot on the Bulls’ roster is safe, some of his teammates could be entering their last week or two with the team. Chicago has signaled its willingness to make significant changes ahead of the February 5 trade deadline, according to Brett Siegel of ClutchPoints, who says White, Nikola Vucevic, Kevin Huerter, and Zach Collins are among the players who have come up in trade talks.
Southwest Notes: Morant, Jerome, Finley, Flagg, Sheppard
After telling reporters over the weekend in London that he’s loyal to the Grizzlies, Ja Morant shut down questions about the trade rumors involving him when he returned to Memphis this week.
“I’m sorry y’all wasn’t able to come to London, but I’m done with those questions,” Morant responded when asked what the team told him about the possibility of a trade (Twitter link via Matt Infield of Action News 5).
Of course, just because Morant is done talking about them, that doesn’t mean those rumors will die down. Sources tell Brett Siegel of ClutchPoints that Memphis’ front office continues to engage with potential trade partners about a potential deal involving the star point guard.
Still, given the fact that Morant’s value is relatively low right now, the Grizzlies have pushed back against the idea that they need to move him, Siegel notes. Teams like the Heat and Kings hold some level of interest in the two-time All-Star, Siegel confirms, but only if he’s available at a bargain rate and they don’t have to give up assets of any real value in a deal.
Here’s more from around the Southwest:
- Grizzlies guard Ty Jerome, who has yet to play this season due to a right calf injury, “should be close” to making his debut, tweets Damichael Cole of The Memphis Commercial Appeal. The team announced exactly two months ago that Jerome was six-to-nine weeks away from returning to action. This Saturday will mark the nine-week mark since that announcement.
- Mavericks co-interim general manager Michael Finley recognizes that the trade deadline can make players “uneasy,” but believes he’s in a good position to connect with his players and make them more comfortable because he knows what it’s like to be in their shoes. “Like I tell players, I’ve been overlooked in the draft. I’ve been traded. I’ve been amnestied. I’ve been waived. I’ve been the first man on the bench. I’ve been the 15th man on the bench,” Finley told Mike Curtis of The Dallas Morning News (subscription required). “Everything that you’ve experienced, I’ve experienced, so I pretty much know what you’re going through.”
- Even though it has been a disappointing season overall for the Mavericks, No. 1 overall pick Cooper Flagg has been a bright spot, according to ESPN’s Tim MacMahon, who solicited feedback on the rookie forward from rival scouts, coaches, and executives. “He’s better than advertised, if that’s possible,” one Western Conference scouting director said of Flagg.
- After barely playing for the Rockets as a rookie, Reed Sheppard has emerged as an invaluable part of the team’s rotation in his second NBA season, writes Varun Shankar of The Houston Chronicle (subscription required). Sheppard leads Houston with 2.5 made three-pointers per game and is knocking them down at a 40.9% clip, providing crucial floor spacing for a team that ranks 29th in the NBA in total threes.
Rockets Gauging Dorian Finney-Smith’s Trade Value?
Houston is exploring the trade market in search of a potential backcourt upgrade, according to Brett Siegel of ClutchPoints, who hears from sources that the Rockets have looked into what sort of return they could get for forward Dorian Finney-Smith and second-round draft capital.
A veteran three-and-D wing who signed with Houston last summer, Finney-Smith missed the first two months of the season while recovering from left ankle surgery. Since making his debut on Christmas Day, the 32-year-old has played a very limited role, logging between 13 and 18 minutes in each of his first 12 outings.
Finney-Smith has averaged just 2.9 points and 2.8 rebounds in 15.5 minutes per night so far as a Rocket, and he’s earning $12.7MM this season, with a guaranteed $13.3MM salary for 2026/27 — he’s under contract through 2028/29, but the final two years of his deal are non-guaranteed.
As a result, Finney-Smith’s value on the trade market will likely be pretty limited, though it’s worth noting that his overall impact isn’t always reflected by his counting stats. While it’s a small sample, Houston has a +9.5 net rating and a 102.1 defensive rating during his 186 minutes on the court.
Jose Alvarado of the Pelicans and Scotty Pippen Jr. of the Grizzlies are among the guards whom league personnel have identified as possible trade targets for Houston, per ClutchPoints. Siegel also mentions Bulls guards Coby White and Ayo Dosunmu as potential players of interest for the Rockets, though it would take more than Finney-Smith and second-round picks to acquire either one.
The Grizzlies haven’t given any indication they want to move Pippen, Siegel acknowledges. Additionally, any deal involving Pippen and Finney-Smith would require more outgoing salary from Memphis’ side, since the Grizzlies guard is earning just $2.3MM.
Alvarado, meanwhile, is considered the Pelican who is most likely to be dealt and has generated interest from multiple teams, including the Knicks and Pistons, Siegel writes. Atlanta and Indiana were also linked to Alvarado earlier this season.
Like Pippen, Alvarado has a relatively small cap hit ($4.5MM), so unless more pieces are added, a deal sending Finney-Smith to New Orleans wouldn’t be practical for the Pelicans, who are operating just $2MM below the luxury tax line. They don’t want to surpass that threshold or take back long-term money in a trade, per Siegel.
As the Rockets consider their options on the trade market, they’re not looking to trade veteran point guard Fred VanVleet, who is recovering from a torn ACL, and they’re also unlikely to make a move that would reduce Reed Sheppard‘s role, Siegel adds.
Hoops Rumors Front Office Subscriber Chat Transcript: 1/22/2026
Hoops Rumors’ Arthur Hill held a live chat today exclusively for Trade Rumors Front Office subscribers. Topics included whether the Pistons should keep Tobias Harris, a potential deal for the Warriors in the wake of Jimmy Butler's injury, the Celtics' difficult financial decision, Giannis Antetokounmpo's future in Milwaukee and more!
Giannis Antetokounmpo Bemoans Bucks’ ‘Selfish’ Play
The Bucks suffered their fourth loss in the past five games on Wednesday, falling to seven games below .500 (18-25) on the season.
While being defeated by the defending champion Thunder is hardly a cause for concern on its own, Oklahoma City was missing several key players, and the Bucks’ average margin of defeat in their past three losses has been nearly 24 points. On top of that, star forward Giannis Antetokounmpo expressed concern after the game about chemistry issues, per Steve Megargee of The Associated Press.
“We’re not playing hard,” Antetokounmpo said. “We aren’t doing the right thing. We’re not playing to win. We’re not playing together. Our chemistry’s not there. Guys are being selfish, trying to look for their own shots instead of looking for the right shot for the team. Guys trying to do it on their own. At times, I feel like when we’re down 10, down 15, down 20, we try to make it up in one play, and it’s not going to work.”
With second-leading scorer Kevin Porter Jr. sidelined due to an oblique strain that could keep him on the shelf for a while, the expectation was that Antetokounmpo would carry a greater offensive load beginning on Wednesday. The two-time MVP did score a team-high 19 points, but he took just 11 of the Bucks’ 81 total field goal attempts, well below his season and career averages.
“I’m not the guy that will yell and cuss his teammate out and demand the ball,” Antetokounmpo said after the loss. “I’ve never done that in my career. But I feel like I’ve played with teammates that kind of understand the gravity that I can cause for our team, in how I can create for teammates and for myself, and how I can help the team be more successful.
“But maybe for some reason, I don’t understand — maybe because we’re young, maybe because we’re not playing well, maybe because guys think it’s their turn, they want to carry the team on their back and try to turn this around – but I really don’t get it. I really don’t.”
The Bucks are now a game-and-a-half out of the No. 10 spot in the Eastern Conference and are in danger of missing the postseason for the first time since the 2015/16 season. Given Antetokounmpo’s past comments about wanting to compete for a title, trade speculation figures to continue swirling around the 31-year-old with the February 5 deadline right around the corner.
Several teams have reportedly been hanging onto their top trade assets in the hopes that Antetokounmpo will end up on the trade block, but the Bucks star has said on the record that he never intends to request a trade out of Milwaukee and there has been no indication the front office would proactively look to move him.
Reports throughout the season have indicated that the Bucks are looking to buy, not sell, to upgrade the roster around Giannis. With Milwaukee struggling to keep pace in the playoff race, it will be interesting whether the front office doubles down on that approach or reconsiders it during the next two weeks.
And-Ones: Bediako, All-Stars, Rookies, Team-Friendly Deals
Charles Bediako‘s bid to rejoin Alabama’s men’s basketball team more than two years after he was on a two-way contract with an NBA team could have major ramifications, according to Sam Vecenie of The Athletic, who notes that NBA clubs will likely be keeping a close eye on the case.
As we outlined on Wednesday, Bediako is suing the NCAA in an attempt to rejoin the Crimson Tide for the rest of the 2025/26 season after spending two years with Alabama from 2021-23. Since going undrafted in 2023, the big man has signed three Exhibit 10 contracts with NBA teams, including one that the Spurs converted into a two-way deal in the fall of ’23.
Bediako has been granted a temporary restraining order, allowing him to participate in activities and games for Alabama while he awaits a hearing on a preliminary injunction.
If Bediako ultimately prevails in his bid for NCAA eligibility, it may necessitate adjustments to the NBA’s draft eligibility rules, Vecenie notes, since there would be nothing stopping players from declaring for the draft after their freshman seasons, then returning to college as NBA free agents if they go undrafted. In that scenario, a player who has a breakout sophomore year could theoretically leave his college program to sign with an NBA team halfway through a season.
Vecenie suggests that the NBA might have to create a new rule stating that an undrafted player who returns to college would reenter the draft pool for the following year. He also wonders if the changing nature of NCAA eligibility rules could result in NBA teams essentially treating college programs like a form of minor leagues — for instance, could the Lakers draft a player and then have him play at a nearby school like UCLA or USC for developmental purposes before he signs an NBA contract?
We have more from around the basketball world:
- A panel of NBA reporters and analysts from ESPN considered whether there are any obvious snubs among this season’s All-Star starters and explored which players deserve to be selected as reserves, while a group of reporters at The Athletic conducted a similar exercise. The general consensus was that there were no egregious mistakes among the first 10 All-Star choices, though Timberwolves guard Anthony Edwards and Cavaliers guard Donovan Mitchell would have been worthy starters.
- Arguing that Kon Knueppel has been underappreciated so far this season, ESPN’s Zach Kram places the Hornets wing atop his latest rookie rankings, ahead of Mavericks forward Cooper Flagg at No. 2. Wizards guard Tre Johnson (eighth) and Nets guard Egor Demin (10th) are new additions to Kram’s top 10 since his previous update.
- Which contracts are the NBA’s most team-friendly? Ruling out maximum-salary deals and rookie deals for recently drafted players, Keith Smith of Spotrac shares his top-25 list, headlined by Trail Blazers forward Deni Avdija and Knicks point guard Jalen Brunson.
- Kevin Pelton of ESPN has handed out midseason grades for all 30 NBA teams, with four clubs earning an A: the Celtics, Pistons, Suns, and Spurs.
Northwest Notes: Valanciunas, Wolves, Markkanen, Thunder
The Nuggets have been without their top two centers since the calendar turned to 2026, but they appear on the verge of getting one of them back on the floor. According to Bennett Durando of The Denver Post (Twitter link), Jonas Valanciunas has been upgraded to questionable for Thursday’s matchup with Washington.
After star center Nikola Jokic suffered a knee injury on December 29, Valanciunas stepped into Denver’s starting lineup for a Dec. 31 contest in Toronto but was unable to finish that game due to a right calf strain. Although the Nuggets officially announced a day later that Valanciunas would be reevaluated in four weeks, it seems he has a good chance to beat that projected timeline. If he doesn’t play on Thursday in Washington, the Lithuanian’s next chance to suit up would be the following night in Milwaukee.
Jokic was said last week to be making good progress in his recovery from a bone bruise in his left knee, but remains out for now. Nuggets head coach David Adelman indicated on Tuesday that Valanciunas was on track to return before Jokic.
- While he acknowledges that the Timberwolves could also use another point guard and some additional rim protection, Jon Krawczynski of The Athletic believes the team’s most glaring need is a bench scorer. As Krawczynski explains, big man Naz Reid has had to carry the scoring load for the second unit for much of the season due to the inconsistent play of the team’s reserve guards and wings.
- Jazz forward Lauri Markkanen will be inactive for a sixth game in a row on Thursday vs. San Antonio, but his injury designation has been changed from an illness to “return to competition reconditioning,” notes Andy Larsen of The Salt Lake Tribune (Twitter link). That update suggests Markkanen is close to returning.
- After a 6-6 stretch in December and early January, the Thunder are on a roll again, with seven wins in their past eight games. Still, the 37-8 club is dealing with no shortage of health issues. After losing Jalen Williams to a hamstring strain over the weekend, Oklahoma City had guard Alex Caruso (right adductor strain), big man Jaylin Williams (left glute contusion), and Aaron Wiggins (right groin soreness) inactive on Wednesday, and guard Ajay Mitchell exited early due to a right hip contusion. There has been no indication that any of the injuries are significant — notably, Jaylin Williams was initially listed as questionable for Wednesday’s game, while Wiggins was a late addition to the injury report.