2025 NBA trade deadline buzz: Latest news around the league

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• 2024-25 Trade Tracker: Every official deal

As we close in on Thursday’s trade deadline (3 p.m. ET), keep up with the latest rumblings around the NBA. All deals that have been made official can be found on our Trade Tracker

Report: Warriors to acquire Butler

It appears Jimmy Butler is getting his wish. The Heat are reportedly finalizing a 4-team, 7-player deal that will send Butler to Golden State and Andrew Wiggins to Miami, per ESPN’s Shams Charania.

Warriors receive:

Heat receive:

Jazz receive:

Pistons receive:

Kings reportedly land Valančiūnas

The Wizards are reportedly dealing Jonas Valančiūnas to the Kings for Sidy Cissoko and two second-round picks, per ESPN’s Shams Charania.

Kings receive:

Wizards receive:

  • Sidy Cissoko
  • Two second-round picks

Thunder trade for Theis

The Pelicans are shipping veteran center Daniel Theis and a future Draft pick to Oklahoma City for cash considerations.

Thunder receive:

  • Daniel Theis
  • 2031 second-round pick

Pelicans receive:

Rockets reportedly acquire Springer

The Boston Celtics are reportedly dealing backup guard Jaden Springer to the Houston Rockets.

Per ESPN’s Shams Charania, Springer and a 2030 second-round pick will be traded to the Rockets. As part of the deal, both teams will exchange heavily protected second-round picks.

Rockets receive: 

  • Jaden Springer
  • 2030 second-round pick
  • Heavily protected future second-round pick

Celtics receive: 

  • Heavily protected future second-round pick

Bucks reportedly trade for Kuzma

The Milwaukee Bucks have made a reported deal ahead of the Feb. 6 trade deadline.

Per multiple reports, the Bucks are dealing former All-Star forward Khris Middleton to the Washington Wizards for forward Kyle Kuzma. The Wizards are also sending forward Patrick Baldwin Jr. to Milwaukee while the Bucks are trading guard AJ Johnson to the Wizards.

Bucks receive:

  • Kyle Kuzma
  • Patrick Baldwin Jr.
  • 2025 second-round pick

Wizards receive:

  • Khris Middleton
  • AJ Johnson
  • 2028 first-round pick swap

* * *

To find trades that occurred before Wednesday, Feb. 5, visit our official Trade Tracker.

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