NBA Trade Deadline 2025 Tracker: Updates on Latest Trades amid Rumors

General managers around the NBA are quickly running out of time until the trade deadline expires at 3 p.m. ET on Thursday.

Fans continue to wait for the blockbuster deal or two that could help to reshape the championship race in the second half of the regular season. There have at least been some minor moves that could have playoff implications.

Here are the trades that have crossed the finish line ahead of Thursday's deadline.

The Memphis Grizzlies reportedly agreed to trade Marcus Smart and a 2025 first-round pick to the Washington Wizards, according to ESPN's Shams Charania.

The Wizards will receive two second-round picks, Charania reported.

Per Charania, the Wizards will send Marvin Bagley III and Johnny Davis to the Grizzlies.

The Indiana Pacers reportedly agreed to trade James Wiseman and cash to the Toronto Raptors, according to ESPN's Shams Charania.

The Memphis Grizzlies reportedly agreed to trade Jake LaRavia to the Sacramento Kings, according to NBA insider Chris Haynes.

NBA insider Marc Stein reported the Kings will send a 2028 second-round pick, Colby Jones and Alex Len to the Washington Wizards as part of a three-team deal that will see Washington acquire Marcus Smart from the Grizzlies.

The Los Angeles Clippers reportedly agreed to trade Kevin Porter Jr. to the Milwaukee Bucks in exchange for MarJon Beauchamp, according to ESPN's Shams Charania.

The Golden State Warriors have reportedly acquired Jimmy Butler in a four-team trade from the Miami Heat, per Shams Charania and Brian Windhorst of ESPN.

The Heat will acquire Andrew Wiggins, Kyle Anderson and a first-round pick from Golden State, plus P.J. Tucker from the Utah Jazz.

The Jazz will get Dennis Schröder, while the Detroit Pistons land Lindy Waters III and Josh Richardson. However, Schröderwas subsequently sent from Utah to Detroit, per NBA insider Chris Haynes. NBA insider Jake Fischer reported the Jazz will receive K.J. Martin, Josh Richardson and a 2028 second-round pick.

The Atlanta Hawks reportedly agreed to trade Cody Zeller and a 2028 second-round pick to the Houston Rockets, according to ESPN's Shams Charania.

The Los Angeles Clippers acquired Bogdan Bogdanović and three second-round picks from the Atlanta Hawks in exchange for Terance Mann and Bones Hyland, according to ESPN's Shams Charania.

The Atlanta Hawks reportedly agreed to trade De'Andre Hunter to the Cleveland Cavaliers in exchange for Caris LeVert, Georges Niang, three second-round picks and a pair of pick swaps, according to ESPN's Shams Charania.

The Phoenix Suns traded Jusuf Nurkić and a 2026 first-round draft pick to the Charlotte Hornets in exchange for Cody Martin, Vasilije Micić and a 2026 second-round pick, according to ESPN's Shams Charania.

The Milwaukee Bucks traded Patrick Baldwin Jr. and cash to the San Antonio Spurs, according to ESPN's Shams Charania.

The Toronto Raptors agreed to trade Davion Mitchell to the Miami Heat in exchange for PJ Tucker, a second-round pick and cash, according to ESPN's Shams Charania.

The Philadelphia 76ers agreed to trade Reggie Jackson and a future first-round pick to the Washington Wizards in exchange for Jared Butler and four second-round picks, according to NBA insider Marc Stein.

Stein added the Sixers will send the Wizards the least favorable of the Los Angeles Clippers, Houston Rockets and Oklahoma City Thunder's 2026 first-round selections.

Washington later waived Jackson after the move.

The Los Angeles Lakers reportedly acquired center Mark Williams from the Charlotte Hornets in exchange for Dalton Knecht, Cam Reddish, a 2031 unprotected first-round pick and a 2030 pick swap, according to ESPN's Shams Charania.

The New Orleans Pelicans reportedly traded Brandon Ingram to the Toronto Raptors in exchange for Bruce Brown Jr., Kelly Olynyk, one first-round pick and one second-round pick, according to ESPN's Shams Charania.

The Sacramento Kings acquired Jonas Valančiūnas from the Washington Wizards in exchange for Sidy Cissoko and two second-round picks, according to ESPN's Shams Charania.

ESPN's Bobby Marks reported Sacramento is sending the Denver Nuggets' 2028 second-round pick (if between 34-60) and their own 2029 second-round pick.

Marks noted the Kings are using most of their $12.8 million non-tax mid-level exception to acquire Valančiūnas, who has a $9.9 million salary.

The New Orleans Pelicans traded center Daniel Theis and draft pick compensation to the Oklahoma City Thunder, according to ESPN's Shams Charania.

NBA insider Marc Stein reported that New Orleans is sending a 2031 second-round pick to Oklahoma City in the deal.

The Boston Celtics are trading guard Jaden Springer and a 2030 second-round pick to the Houston Rockets, according to ESPN's Shams Charania.

Charania added the teams will also swap "heavily protected second-rounders."

The Washington Wizards agreed to trade Kyle Kuzma, Patrick Baldwin Jr. and a second-round draft pick to the Milwaukee Bucks in exchange for Khris Middleton, AJ Johnson and a pick swap, according to ESPN's Shams Charania.

The Philadelphia 76ers intend to trade forward KJ Martin to the Detroit Pistons, according to the Philadelphia Inquirer's Keith Pompey.

Derek Bodner of PHLY added the Sixers will send two second-round picks (Milwaukee's 2027 selection and Dallas' 2031 selection) to Detroit as part of the deal.

PHLY's Kyle Neubeck first reported Martin was being held out of Tuesday night's game against the Dallas Mavericks due to a "pending trade."

The Philadelphia 76ers reportedly traded Caleb Martin to the Dallas Mavericks in exchange for Quentin Grimes and a 2025 second-round pick, according to ESPN's Shams Charania.

NBA insider Marc Stein later reported the Sixers will send the Mavericks an additional 2030 second-round pick "after consultation between both teams and the league office" in light of Martin's lingering hip injury.

The San Antonio Spurs traded for De'Aaron Fox in a three-team deal that also sent Zach LaVine to the Sacramento Kings, according to NBA insider Chris Haynes.

Shams Charania of ESPN reported the Kings will also get three first-round picks and three second-round picks in the deal. Meanwhile, the San Antonio Spurs will also get Jordan McLaughlin while the Chicago Bulls will get Tre Jones, Zach Collins, Kevin Huerter and their own 2025 pick (via the Spurs).

In one of the biggest midseason trades in NBA history, ESPN's Shams Charania reported the Los Angeles Lakers are sending forward Anthony Davis to the Dallas Mavericks for guard Luka Dončić.

Los Angeles is also receiving big man Maxi Kleber and forward Markieff Morris, while Dallas is getting guard Max Christie and the Lakers' 2029 first-round pick.

The Utah Jazz helped to facilitate the swap by taking guard Jalen Hood-Schifino from L.A. Utah will receive the Mavs' 2025 second-round pick and the Los Angeles Clippers' 2025 second-rounder for their trouble.

Veteran forward P.J. Tucker finally got his wish with ESPN's Shams Charania and Bobby Marks reporting the Los Angeles Clippers are trading him to the Utah Jazz. He has yet to play in 2024-25 while he and the Clippers worked to find an exit plan for him.

Utah is also acquiring center Mo Bamba and a future second-round pick and sending forward Drew Eubanks and guard Patty Mills to L.A.

The Phoenix Suns fortified it frontcourt by acquiring center Nick Richards from the Charlotte Hornets for guard Josh Okogie.

The teams also swapped second-round selections. Phoenix received one future second-rounder while sending three picks to Charlotte.

The Los Angeles Lakers traded guard D'Angelo Russell and forward Maxwell Lewis, along with three second-round picks, to the Brooklyn Nets for forward Dorian Finney-Smith and guard Shake Milton.

Finney-Smith provides the perimeter defending the Lakers have sorely lacked. On offense, his ability to space the floor and comfort in working off the ball fit nicely with stars LeBron James and Anthony Davis.

The Memphis Grizzlies reportedly agreed to trade Jake LaRavia to the Sacramento Kings, according to NBA insider Chris Haynes.