• The Jimmy Butler trade is now a four-team deal with the Utah Jazz and the Toronto Raptors now involved.
• The full breakdown:
• Warriors get:
• Heat get:
• Andrew Wiggins
• P.J. Tucker
• Protected first-round pick
• Pistons get:
• Lindy Waters III
• Josh Richardson
• Second-round pick
• Jazz get:
• TBD:
• *The Raptors’ portion of the deal fell through, so Kyle Anderson is currently without a home
• For more on the latest blockbuster trade, click here.
• Jimmy Butler agreed to a two-year, $121 million contract extension with the Warriors shortly after his trade went down. He’ll now be with the franchise through the 2026-27 campaign.

New Golden State Warriors star Jimmy Butler has agreed to a new two-year, $121 million extension with the franchise through 2026-27, sources tell me and @WindhorstESPN. Butler is declining his 2025-26 player option for this new $121M deal.

— Shams Charania (@ShamsCharania) February 6, 2025

• Jimmy Butler is finally on the move.
• The Golden State Warriors struck a deal to land the disgruntled Miami Heat star on Wednesday night, according to ESPN’s Shams Charania. In return, the Heat will get Andrew Wiggins, Dennis Schroder, Kyle Anderson and a protected first-round draft pick.
• The trade came after weeks of chaos in Miami, where Butler faced multiple suspensions amid his demand for a trade. He’ll now get to team up with Stephen Curry and Draymond Green in the Bay.
• For more on the latest blockbuster trade, click here.
• Jimmy Butler got his wish, and he’s out of Miami. (Megan Briggs/Getty Images)

The Golden State locker room has been closed just now during open media time. Steve Kerr is addressing the team. Players that were on the floor were brought back into the locker room.

— Ohm Youngmisuk (@NotoriousOHM) February 6, 2025

• Several days after the Luka Dončić-Anthony Davis trade shocked the world, the dust has begun to settle. Each player has conducted introductory interviews with his new team and is getting accustomed to a new roster of teammates, coaches and trainers.
• The NBA will roll on, that much we know. But off the court, this trade could have rippling effects, with millions of dollars in lost salary, increased jersey sales and more.
• For starters, Anthony Davis has opted not to receive his $6 million trade kicker. In what can only be considered an unusual move, especially given the total value of the option, Davis left seven figures on the table to help the Mavericks stay financially flexible to improve their roster, saying, “I’m just trying to do my part [to help the Mavericks get better].”
• Dončić, on the other hand, will sacrifice much more. The bright lights of Hollywood will undoubtedly lead to more endorsement income over the coming years, but the trade could eventually cost the 25-year-old All-Star more than $100 million in total.
• Read the full story here.
• The Washington Wizards have agreed to trade veteran center Jonas Valančiūnas to the Sacramento Kings for forward Sidy Cissoko and two second-round picks, The Stein Line and ESPN report.
• For more, read here.
• With Kevin Durant reportedly not interested in joining Golden State, the Warriors have shifted their focus to acquiring Jimmy Butler from the Heat, the Stein Line reports.
• Kevin Durant has been the hottest name in rumors and reports as Thursday’s NBA trade deadline approaches.
• But that heat appears to be cooling off. Amid reports that the Warriors would like to reunite with Durant, that feeling reportedly isn’t mutual.

As Golden State pursues Phoenix’s Kevin Durant, the two-time Warriors NBA Finals MVP has no desire in a reunion and does not want to go back. Reporting for NBA Today: pic.twitter.com/tNeTzw2gCf

— Shams Charania (@ShamsCharania) February 5, 2025

• Per the Stein Line and ESPN’s Shams Charania, Durant has no interest in reuniting with Golden State.
• The decision’s ultimately not up to Durant. He has a contract that runs through the end of the 2025-26 season, and he does not have a no-trade clause.
• The question then becomes: Would the Warriors be willing to pull the trigger on a deal for a player who’s reportedly expressed a clear desire not to play in Golden State? And that would be dependent on a deal being worked out in the first place. It adds up to a lot of barriers to Durant being moved before the deadline — to Golden State, at least.
• What could happen next?

Phoenix Suns star Kevin Durant (ankle soreness) will not play tonight against the Oklahoma City Thunder, league sources inform me.

— Chris Haynes (@ChrisBHaynes) February 5, 2025

The Boston Celtics are trading Jaden Springer and their 2030 second-round pick to the Houston Rockets, sources tell ESPN. Both teams are also exchanging heavily protected second-rounders. pic.twitter.com/rhcmgvvJQo

— Shams Charania (@ShamsCharania) February 5, 2025

• Springer has been with the Celtics for the past two seasons after three with the 76ers, who made him their 2018 first-round pick out of Tennessee. Averaging 1.7 points in 26 games, he has a salary slot of $4 million this season and will be a restricted free agent.

Trade impact: Boston/HoustonCelticsTax penalty: $65.6M to $50.2M2 open roster spotsRocketsJaden Springer: $4M, RFA 2025

The Rockets are acquiring Springer with part of their $12.8M non-tax ML

— Bobby Marks (@BobbyMarks42) February 5, 2025

• The 76ers are shedding salary, trading forward KJ Martin to the Pistons along with two second-round picks, reports the Philadelphia Inquirer’s Keith Pompey.
• Martin, 24, has a salary of $7.9 million for this season and $8 million for 2025-26 and Detroit will get the two second-rounders in 2027 and 2031for adding that money to their $14 million in salary cap space.
• However, the Pistons could move Martin to another team before Thursday’s 3 p.m. ET NBA trade deadline, according to the Detroit Free Press’ Omari Sankofa.
• The fifth-year pro was held out of Philadelphia’s lineup on Tuesday in anticipation of a trade. But he hasn’t played since Dec. 23 due to a stress reaction in his left foot. This season, he’s averaging 6.4 points and three rebounds per game, shooting 38% on 3-pointers.

The 76ers are $1.4M below the luxury tax with the KJ Martin trade to Detroit.The trade saves Philadelphia $20M+ They now have 2 open roster spots and generate a $8M trade exception.Martin has 2 years left: $7.97M and $8M ($0 GTY)

Detroit now has $6M in cap space…

— Bobby Marks (@BobbyMarks42) February 5, 2025

• Soon after reports of the Bucks and Wizards discussing a trade involving Kyle Kuzma and Khris Middleton, the deal reportedly became official.
• Going to Milwaukee with Kuzma are AJ Johnson and a 2025 second-round pick, while Washington is getting Patrick Baldwin Jr. and a 2028 first-round pick swap in addition to Middleton, reports ESPN’s Shams Charania.

Milwaukee is roughly $300K below the second apron.

A team that finishes above the second apron after the 2024-25 season, will not have their 2032 first-round pick available to use in a trade. https://t.co/08AvXFzGiW

— Bobby Marks (@BobbyMarks42) February 5, 2025

• Read more on the trade from Yahoo Sports.

The Wizards and Bucks have continued to discuss a potential trade centered around sending Kyle Kuzma and Patrick Baldwin Jr. to Milwaukee for Khris Middleton and rookie AJ Johnson, and including some exchange of a draft pick or picks, league sources tell @davidaldridgedc and me.

— Josh Robbins (@JoshuaBRobbins) February 5, 2025

• The Warriors have been seeking a star to boost their roster and it could lead to a reunion with Kevin Durant, reports ESPN’s Brian Windhorst.
• Windhorst explained on “Get Up” Wednesday morning that the Suns want to shake up a team that’s 25-24 and can’t trade Bradley Beal.
• However, Durant going to the Warriors and the Suns shedding his salary could require a very complicated deal that involves four or five teams and multiple players. And by the end of it, Jimmy Butler might end up in Phoenix.
• It’s for real. LeBron James and Luka Dončić are teammates. (AP Photo/Kevork Djansezian)
• He’s not playing. But Luka Dončić is the building for Tuesday’s Lakers-Clippers game.