There’s nothing quite like a cover-of-darkness, nobody-saw-this-coming blockbuster with two of basketball’s 10-best players to jolt the NBA’s trade season into action.
The Dallas Mavericks’ decision to send superstar Luka Dončić to the Los Angeles Lakers for Anthony Davis and a first-round draft pick early Sunday stunned team executives across the league. It also left one obvious question ahead of Thursday’s 3 p.m. ET trade deadline: Who’s next?
The Sacramento Kings followed about 20 hours later with a somewhat-less-surprising move, trading De’Aaron Fox to the San Antonio Spurs in a three-team deal that also netted the Kings Zach LaVine from the Chicago Bulls. In the span of less than a day, four current 20-point scorers had been dealt ahead of the league deadline — the most in NBA history, according to ESPN Research.
Then on Wednesday night, Jimmy Butler finally got his wish to get out of Miami. The Heat struck a deal to send him to the Golden State Warriors in exchange for Andrew Wiggins and others.
Those almost certainly won’t be the final trades this week. We’ll recap each here as they happen.
Lakers get:
Mark Williams
Hornets get:
Raptors get:
Brandon Ingram
Pelicans get:
Bruce Brown
Kelly Olynyk
First-round pick
Second-round pick
Warriors get:
Jimmy Butler
Heat get:
Pistons get:
Lindy Waters III
Josh Richardson
Second-round pick
Jazz get:
Dennis Schroder
Bucks get:
Wizards get:
Knicks get:
Delon Wright
Cash
KJ Martin to Pistons (Feb. 5)
Pistons get:
76ers get:
Jaden Springer to Rockets (Feb. 5)
Rockets get:
Celtics get:
Caleb Martin to Mavericks (Feb. 4)
Mavs get:
Caleb Martin
76ers get:
Spurs get:
De’Aaron Fox
Jordan McLaughlin
Kings get:
Zach LaVine
Sidy Cissoko
Charlotte 2025 first-round pick (top-14 protected; becomes 2026 and ’27 second-rounders if not conveyed)
San Antonio 2027 first-round pick
Minnesota 2031 first-round pick
Chicago 2025 second-round pick
Denver 2028 second-round pick
Rights returned to their own 2028 second-round pick
Bulls get:
Trade grades | Spurs’ deal for Fox should have West’s attention
Lakers get:
Luka Dončić
Maxi Kleber
Markieff Morris
Mavericks get:
Jazz get:
Trade grades | Does Dončić’s trade signal a changing NBA landscape?
Clippers get:
Drew Eubanks
Patty Mills
Jazz get:
Suns get:
2025 first-round pick (least favorable of Cleveland/Minnesota/Utah)
2027 first-round pick (least favorable of Cleveland/Minnesota/Utah)
2029 first-round pick (least favorable of Cleveland/Minnesota/Utah)
Jazz get:
Hornets get:
Josh Okogie
Denver 2026 second-round pick
Denver 2031 second-round pick
Phoenix 2031 second-round pick
Suns get:
Trade signals Suns are still serious about contending
Lakers get:
Dorian Finney-Smith
Shake Milton
Nets get:
What does trading D’Angelo Russell mean for the Lakers?
Warriors get:
Nets get:
De’Anthony Melton
Reece Beekman
Atlanta 2026 second-round pick
Atlanta 2028 second-round pick
Golden State 2029 second-round pick
Heat trade Thomas Bryant to Pacers (Dec. 15)
Pacers get:
Thomas Bryant
Heat get: