Southwest Notes: Sochan, Spurs, Mavs, Pelicans

The Spurs were widely expected to make a move this week involving fourth-year forward Jeremy Sochan, who had “hoped to find a new home” at Thursday’s trade deadline, writes Jared Weiss of The Athletic. Instead, Sochan remains in San Antonio, as the Spurs were one of just three teams around the NBA not to make a single deal during the days leading up to the deadline.

According to Weiss, the Spurs talked to the Knicks about Guerschon Yabusele and Pacome Dadiet, the Bulls about Dalen Terry and Julian Phillips, and the Suns about Nick Richards, but they didn’t find a deal they liked and didn’t feel compelled to move Sochan without getting value in return.

Although Sochan may not be part of the Spurs’ plans beyond this season, he has no plans to negotiate a buyout and should finish the season in San Antonio, a source tells Weiss. The Spurs may have another chance this summer to recoup some value for the former No. 9 overall pick in a sign-and-trade scenario.

Here’s more from around the Southwest:

  • Count star big man Victor Wembanyama among those who are pleased that the Spurs didn’t make any roster changes at the trade deadline. “What I love is that the front office trusts these guys just like I do,” Wembanyama said, per Jeff McDonald of The San Antonio Express-News (subscription required). “We’re on the same page.” Stephon Castle, De’Aaron Fox, and Harrison Barnes were among the other Spurs who voiced support for the front office’s approach. “When you’re in a situation where you’re winning games, you don’t feel like you have to make a lot of moves,” Barnes said. “We’re happy to live with that and continue to build with that.”
  • The Mavericks and Wizards originally had exploratory Anthony Davis trade talks in early November before eventually reaching an agreement this week, reports Christian Clark of The Athletic. As Clark details, the Mavs were happy that word of those talks didn’t leak and that they were able to inform Davis of the deal face-to-face before word broke publicly. Mike Curtis of The Dallas Morning News (subscription required), meanwhile, writes that the team accomplished its goals of creating cap flexibility, adding draft assets, and addressing the point guard spot (by looping Tyus Jones into the deal).
  • Reacting to the Pelicans‘ relatively quiet trade deadline, Rod Walker of NOLA.com (subscription required) says it wasn’t a surprise that the team moved on from Jose Alvarado, who can become a free agent this summer, but acknowledged that fans may be frustrated to lose a key spark plug while the front office was inactive on other fronts. Besides Zion Williamson, Herbert Jones, and Trey Murphy III, who had seemed off-limits for weeks, rumored trade candidates Jordan Poole, Jordan Hawkins, Yves Missi, Saddiq Bey, and Dejounte Murray also didn’t go anywhere.
  • The Pelicans are taking steps toward relocating their G League team – which currently plays in Birmingham, Alabama – to Louisiana, writes Patrick Magee of NOLA.com (subscription required). According to Magee, the Kenner City Council gave its unanimous approval on Thursday to a proposal that would bring the Squadron to the city’s Pontchartrain Center. The tentative plan is for the Pelicans’ G League team to begin playing in Kenner, a suburb of New Orleans, in 2026/27.

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

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


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

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

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


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

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

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

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

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

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

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

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

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

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

Bulls Trade Ayo Dosunmu To Timberwolves

8:08 pm: The deal is official, per press statements from the Wolves and Bulls.


8:59 am: The Bulls are trading guard Ayo Dosunmu to the Timberwolves, according to ESPN’s Shams Charania (Twitter link). Jon Krawczynski of The Athletic (Twitter link) first reported that the two teams were finalizing a deal involving Dosunmu.

Third-year forward Julian Phillips will be headed to Minnesota along with Dosunmu, with the Bulls acquiring 2024 first-round pick Rob Dillingham, third-year forward Leonard Miller, and four second-round picks in the deal, sources tell Charania (Twitter link).

According to Michael Scotto of HoopsHype (Twitter link), the four second-rounders are as follows:

  • Either the Nuggets’ or Warriors’ 2026 pick (whichever is least favorable).
  • The Cavaliers’ 2027 pick.
  • Either the Timberwolves’ or Warriors’ 2031 pick (whichever is most favorable).
  • Either the Suns’ or Rockets’ 2032 pick (whichever is most favorable).

The Timberwolves have been on the lookout for a way to upgrade their backcourt for much of the season. Veteran Mike Conley, the starting point guard for most of last season, saw his production fall off significantly, while youngsters like Dillingham and Terrence Shannon Jr. didn’t take the sort of steps forward the team hoped they would. That resulted in Anthony Edwards and Donte DiVincenzo taking on more ball-handling responsibilities.

Although Dosunmu isn’t a true point guard, he’ll give Minnesota another player capable of handling the ball, initiating the offense, and making outside shots. The Chicago native is in the midst of a career year, with averages of 15.0 points, 3.6 assists, and 3.0 rebounds in 26.4 minutes per game and an excellent shooting line of .514/.451/.857 through 45 outings (10 starts).

It’s a disappointing end to Dillingham’s tenure with the Wolves — the club gave up an unprotected 2031 first-round pick and a 2030 pick swap in order to draft him eighth overall in 2024, but he didn’t develop into a reliable rotation player, averaging just 4.0 PPG and 1.9 APG on .398/.346/.657 shooting in 84 regular season appearances (10.0 MPG).

While Dillingham may benefit from a change of scenery, Dosunmu could become a fixture in Minnesota’s backcourt if the team can find a way to lock him up beyond this season. The 26-year-old is on an expiring $7.5MM contract and is eligible until June 30 for an extension worth up to about $52.4MM over three years. If he and the Wolves don’t reach an agreement by then, he’ll reach unrestricted free agency, with Minnesota holding his Bird rights.

It’s worth noting that this move shouldn’t take the Wolves out of the running for Giannis Antetokounmpo, their top trade target, but there’s widespread skepticism that the Bucks star will be moved before the deadline.

As for the Bulls, besides taking a shot on Dillingham, they continue to add to their collection of future draft assets. They’ve now completed or agreed to six separate trades this week and have acquired nine second-rounders in those deals, increasing their total count to 14, tweets ESPN’s Bobby Marks.

Although Dosunmu and Coby White are headed to new NBA homes, Chicago still has a backcourt logjam. Josh Giddey and Tre Jones remain on the roster, with newcomers Jaden Ivey, Collin Sexton, Anfernee Simons, and now Dillingham joining the mix. Still, an unbalanced roster may not be an issue for the Bulls in the short term, given that they appear to be focused on building for the future rather than maximizing their playoff chances this season.

According to K.C. Johnson of the Chicago Sports Network (Twitter link), the Bulls expressed interest in rookie big man Joan Beringer during their conversations with the Wolves, but Minnesota is high on the 19-year-old Frenchman and was unwilling to include him in its offer for Dosunmu.

Chicago will cut into its projected 2026 cap room a little as a result of this deal. While Miller has a $2.4MM team option for 2026/27, Dillingham’s $6.9MM salary is fully guaranteed. The Bulls will have until October 31 to decide whether or not to exercise Dillingham’s $8.8MM team option for the ’27/28 season.

Bulls’ Yabusele Declines 2026/27 Player Option

Before he was officially traded to the Bulls, veteran big man Guerschon Yabusele worked with the Knicks to adjust his contract, according to K.C. Johnson of the Chicago Sports Network (Twitter link).

Yabusele’s deal included a $5.78MM player option for the 2026/27 season that was reducing his trade value, since potential trade partners had no interest in taking on that salary with the Frenchman having a down year in ’25/26. However, he declined that player option as part of his move to Chicago, Johnson reports, and is now on track for unrestricted free agency this summer.

According to Joel Lorenzi of The Athletic (Twitter link), there’s a very real chance that Yabusele, a former EuroLeague star, will head back overseas next season.

It’s worth noting that Yabusele was recently linked to Hapoel Tel Aviv in Israel and several European teams are reportedly monitoring his situation. But he’s expected to remain with Chicago for the rest of the season.

As Ian Begley of SNY.tv writes (via Twitter), Yabusele declining his player option helped grease the wheels not only on the deal that sent him to Chicago but also helped the Knicks acquire Jose Alvarado from New Orleans. Begley hears Yabusele, who has received limited run this season, will be given an opportunity to play for the Bulls.

The Bulls will benefit from Yabusele’s decision financially, as they’ll have extra cap room in 2026. The player they traded away — former first-round pick Dalen Terry — would have been eligible for restricted free agency.

Mike Conley Waived By Hornets

The Hornets have waived Mike Conley after acquiring him on Wednesday in a trade with Chicago, the team announced (via Twitter).

The veteran point guard will be eligible to sign with any team except for the Bulls if no one claims him and his $10.8MM salary on waivers. There have been reports that he may be interested in returning to the Timberwolves, which would be permitted since he was traded twice before being released, but there’s no confirmation that will be his next move.

Minnesota is adding a guard in today’s trade with Chicago for Ayo Dosunmu, but still has two roster openings if there’s mutual interest with Conley.

Conley, 38, moved into a reserve role for the Wolves this season for the first time since being acquired from Utah at the 2023 trade deadline. He appeared in 44 games, averaging 4.4 points, 1.4 rebounds and 1.8 assists in 18.5 minutes per night with .322/.321/.891 shooting numbers.

Conley was sent to the Bulls on Tuesday in a three-team trade that also involved Detroit. He was shipped to Charlotte a day later in the Coby White deal.

Knicks Trade Guerschon Yabusele, Cash To Bulls

February 5: The trade is official, according to the Bulls, who say they also received cash from the Knicks in the deal (Twitter link). New York sent $500K to Chicago, per James L. Edwards III of The Athletic (Twitter link).

The Knicks will flip Terry to New Orleans in order to acquire Jose Alvarado, as we detail in a separate story.


February 4: The Bulls will acquire Guerschon Yabusele from the Knicks in exchange for Dalen Terry, sources tell ESPN’s Shams Charania (Twitter link).

New York had reportedly been looking to unload Yabusele for several weeks, but couldn’t find a taker because of his $5.7MM player option for next season. Chicago decided to take the risk on a player who was effective last season in Philadelphia but has struggled since joining the Knicks.

Rumors had emerged that the 30-year-old Yabusele was considering going back to Europe, where he was a star for five seasons, but this trade will likely quash that speculation. The Bulls intend to hang onto the Frenchman, tweets Ian Begley of SNY.tv.

Yabusele was only averaging 8.9 minutes per night in 41 games with New York, but he figures to see a larger role in the Bulls’ revamped frontcourt. Chicago has been in need of additional size all season and agreed to trade starting center Nikola Vucevic to Boston earlier this week.

The Knicks get a small amount of savings by swapping Yabusele’s $5.5M salary for Terry, who’s making $5.4MM in the final season of his rookie contract and is on a path for restricted free agency this summer. The 23-year-old shooting guard was selected with the 18th pick in the 2022 draft, but he hasn’t been able to earn a consistent rotation spot during his four years in Chicago.

The deal increases the Knicks’ space below the second apron from $148,359 to $249,241, according to Yossi Gozlan of The Third Apron (Twitter link), allowing them to sign a 15th player on March 26 instead of waiting until April 2.

New York can still ship Terry to another team before Thursday’s deadline, and Gozlan believes they’ll likely get more interest in his expiring deal than they did in Yabusele.

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.

Trade Rumors: Giannis, Morant, Alvarado, Knicks, Raptors

While Thursday is usually the busiest day of the NBA’s trade deadline week, Tuesday and Wednesday have been more active than usual this season, observes Fred Katz of The Athletic.

There are a number of reasons why that may be the case, but one front office executive who spoke to Katz believes teams are reacting to what happened at last year’s deadline, when physical exams affected two trade agreements. The Sixers and Mavericks slightly reworked the terms of their Caleb Martin/Quentin Grimes deal due to concerns about Martin’s physical, while the Lakers and Hornets rescinded their Mark Williams trade as a result of Williams’ physical.

The Philadelphia/Dallas deal was agreed to and finalized on the Tuesday before the deadline, which allowed the two teams to conduct physical and then amend the terms on Thursday. However, because Los Angeles and Charlotte finalized their deal on Thursday, the issues with Williams’ physical didn’t arise until after the deadline, when negotiations couldn’t be reopened. At that point, the Lakers had just two options: approve the deal anyway or nix it altogether.

Several teams making deals at this year’s deadline may have those situations in the backs of their mind, Katz explains, prompting them to get their business done a little earlier in the week.

Here are more trade rumors from around the NBA, with the deadline just over five hours away:

  • The Timberwolves and Heat don’t believe they’re out of the running for Giannis Antetokounmpo, but like Golden State, they remain skeptical that the Bucks are ready to get a deal done today, reports Jake Fischer of The Stein Line (Twitter link). Fischer, who previously identified Milwaukee as a team to watch on the Ja Morant front, also continues to hear that the Bucks remain engaged with the Grizzlies about the star point guard.
  • Pelicans guard Jose Alvarado remains on the Knicks‘ radar, according to Ian Begley of SNY.tv (Twitter link). While New York reportedly didn’t have much luck selling New Orleans on a deal that included Guerschon Yabusele, the team may have more success with Dalen Terry‘s expiring contract after agreeing to send Yabusele to Chicago. The Knicks have also expressed interest in Yves Missi, but the Pelicans have reportedly insisted on a first-round pick for him to this point. New York’s only tradable first-rounder is Washington’s top-eight protected 2026 pick, which will likely turn into second-rounders.
  • It’s been a busy week for the Bulls, who have finalized three trades and agreed to two more, but they may not be done dealing yet. According to Joe Cowley of The Chicago Sun-Times, the Bulls’ front office was still talking to teams as of Wednesday night, with a “focus” on the Pelicans and Rockets. Chicago has been linked to Zion Williamson and Missi from New Orleans and Tari Eason from Houston, Cowley notes. However, he says the Bulls haven’t made real progress on the Pelicans’ players, and reports have indicated the Rockets are very resistant to moving Eason.
  • After agreeing to two minor deals on Wednesday to duck the luxury tax and add Trayce Jackson-Davis, the Raptors are unlikely to make a major move ahead of Thursday’s deadline, Michael Grange of Sportsnet (Twitter video link) and TSN’s Josh Lewenberg (Twitter video link) said during TV appearances. Toronto has been linked to several notable big men, but some (Anthony Davis and Jaren Jackson Jr.) have been traded to other teams, while Domantas Sabonis appears likely to remain in Sacramento.

Bulls Sign Mac McClung To Two-Way Contract

9:19 am: McClung has officially signed his two-way contract with the Bulls, per NBA.com’s transaction log.


8:08 am: One of two NBA teams with an open two-way slot, the Bulls will fill their opening by signing guard Mac McClung to a two-way contract, a source tells Jake Fischer of The Stein Line (Twitter link).

It will be the fourth contract McClung has signed with the Bulls since he went undrafted out of Texas Tech in 2021. The 6’2″ guard inked a pair of 10-day deals with Chicago as a rookie, then completed an Exhibit 10 deal with the team this past fall, lining him up to play for the Windy City Bulls in the G League this season.

A former G League MVP, McClung is having another standout year at that level — in 24 outings for the Bulls’ affiliate, he has averaged 25.4 points, 7.5 assists, 3.1 rebounds, and 1.4 steals in 34.5 minutes per game, with a .518/.353/.813 shooting line.

While McClung has made just nine total regular season appearances for five different teams since going pro, the 27-year-old has become a household name among NBA fans with his performances in the league’s slam dunk contest. McClung won the contest in 2023, 2024, and 2025, but reportedly won’t be defending his title again this year.

The Bulls have an open two-way slot after sending Emanuel Miller to Cleveland in Sunday’s three-team trade involving the Cavaliers and Kings. McClung will join Lachlan Olbrich and Yuki Kawamura as Chicago’s two-way players and will be eligible to be active for up to 19 regular season games for the Bulls.

Once McClung’s deal is official, the Bucks will be the only team with a two-way opening.

Hornets Acquire Coby White From Bulls

11:21 pm: The trade has been finalized, the Hornets announced (via Twitter).


2:01 pm: The Hornets and Bulls have agreed to a trade that will send guards Coby White and Mike Conley to Charlotte, reports Shams Charania of ESPN (Twitter link).

In exchange, Chicago will acquire guard Collin Sexton, forward Ousmane Dieng, and three second-round picks, sources tell ESPN. Dieng is technically still a member of the Thunder, but is reportedly being traded to Charlotte in a deal involving center Mason Plumlee. Oklahoma City is sending the Hornets a second-round pick along with Dieng in that side deal, tweets Charania.

White, who will turn 26 later this month, is a talented scorer who has averaged 19.5 points per game since becoming a full-time starter at the beginning of the 2023/24 season. He has also averaged 4.8 assists and 4.1 rebounds per night over the course of 182 outings during that stretch, with a .448/.369/.859 shooting line.

Although White entered this winter as one of the Bulls’ prime trade candidates, his value has been negatively impacted by calf issues that have limited to 29 games this season, as well as his contract situation.

The veteran guard is on an expiring $12.9MM expiring deal, meaning his maximum extension with Chicago would have been worth $87MM over four years — he reportedly conveyed to the team prior to the season that he wouldn’t be signing an extension and would take his chances on earning a more lucrative payday in unrestricted free agency.

With teams viewing White as a possible rental, the Bulls were unable to extract a first-round pick for him on the trade market, but they did secure three second-rounders, which will be either the Nuggets’ or Hornets’ 2029 pick (whichever is least favorable), the Nuggets’ 2031 pick, and the Knicks’ 2031 pick, according to Zach Lowe of The Ringer (Twitter link).

The Hornets will presumably look to re-sign White, a North Carolina native who played his college ball at UNC, but Conley likely won’t spend long on Charlotte’s roster. He’s viewed as a buyout candidate, and since he’ll be traded twice this week, he would be eligible to return to the Timberwolves without running afoul of the NBA’s rule preventing a waived player to return to the team that traded him away. Jake Fischer of The Stein Line highlighted this potential outcome for Conley earlier today.

The Bulls, meanwhile, could have more moves up their sleeves in the next 24 hours, since they’ll still have a logjam in their backcourt. Sexton will join a group that features Josh Giddey, Ayo Dosunmu, Jaden Ivey, Anfernee Simons, and Tre Jones.

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