Overview
- Golden State swapped Jonathan Kuminga and Buddy Hield to Atlanta for Kristaps Porzingis and moved Trayce Jackson-Davis to Toronto for a 2026 second-round pick.
- Antetokounmpo was not traded despite aggressive interest from the Warriors, Timberwolves, Heat and Knicks, and multiple reports say Golden State’s pursuit is over for now.
- Headline trades elsewhere included James Harden to the Cavaliers for Darius Garland, Anthony Davis to the Wizards in a multi-player package, and Jaren Jackson Jr. to the Jazz for picks and players.
- Boston sent Anfernee Simons to Chicago for Nikola Vucevic, and a Bulls–Timberwolves–Pistons three-team deal redistributed Mike Conley Jr., Jaden Ivey, Kevin Huerter and Dario Saric with a protected pick swap to Detroit.
- Many moves prioritized tax relief and flexibility under new apron rules, and early verdicts pegged Cleveland and the Clippers as winners and the Bulls and Warriors as underwhelming.