The NBA trade deadline is 3 p.m. ET Thursday, but the league didn’t waste any time getting the party started.

The Dallas Mavericks shocked the world by dealing Luka Dončić to the Los Angeles Lakers on Saturday night in a deal that included Anthony Davis. The Sacramento Kings did what they had to do by sending former All-Star De’Aaron Fox to the San Antonio Spurs in a three-team deal Sunday night.

Many speculated this year’s trade deadline would be difficult because of new CBA restrictions that greatly limit the flexibility of teams over the luxury tax, but monster headlines are still being made.

And the ongoing Jimmy Butler saga continues to evolve in Miami, with the latest reporting centering around his unwillingness to sign an extension with the Golden State Warriors, who had shown interest in acquiring the six-time All-Star.

When will the next blockbuster deal go down?

Yahoo Sports has you covered with the latest rumors, signings, trades and analysis as teams scramble to make moves before the deadline. Details for every trade can be found here.

Live29 updates

Luka Dončić-Anthony Davis required reading

The first blockbuster trade of the season, and one of the most stunning deals in recent history, went down late on Saturday night. The Dallas Mavericks sent superstar Luka Dončić to the Los Angeles Lakers in exchange for Anthony Davis.

Here’s everything you need to know about that wild trade:

Wed, February 5, 2025 at 11:05 AM PST
Amid trade speculation, Kevin Durant will reportedly not play Wednesday night vs. Thunder

Wed, February 5, 2025 at 11:02 AM PST
Pelicans trade Daniel Theis to Thunder: Report
Wed, February 5, 2025 at 9:38 AM PST
Celtics trade Jaden Springer to Rockets: Report

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.

Wed, February 5, 2025 at 8:27 AM PST
Sixers ship KJ Martin, 2 2nd-round picks to Pistons

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.

Wed, February 5, 2025 at 7:43 AM PST
Bucks acquire Kyle Kuzma for Khris Middleton in 4-player deal: Report

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.

Read more on the trade from Yahoo Sports.

Wed, February 5, 2025 at 7:04 AM PST
Wizards, Bucks discussing trade including Kyle Kuzma, Khris Middleton: Report

Wed, February 5, 2025 at 6:47 AM PST
Warriors pursuing Kevin Durant, maybe in multi-team deal that puts Jimmy Butler with Suns: Report

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.

Tue, February 4, 2025 at 8:02 PM PST
Luka’s in the building

It's for real. LeBron James and Luka Dončić are teammates. (AP Photo/Kevork Djansezian)It's for real. LeBron James and Luka Dončić are teammates. (AP Photo/Kevork Djansezian)

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.

Tue, February 4, 2025 at 7:58 PM PST
Did Mavericks refund angry fans after Dončić trade?

Mavericks fans, understandably, are upset about the Luka Dončić trade. And there are reports that the Mavericks have actually offered refunds to some of those upset season-ticket holders.

For more, click the photo:

Mavericks fans made their feelings known with a Luka Dončić memorial in Dallas. (Austin McAfee/Icon Sportswire via Getty Images)Mavericks fans made their feelings known with a Luka Dončić memorial in Dallas. (Austin McAfee/Icon Sportswire via Getty Images)

Mavericks fans made their feelings known with a Luka Dončić memorial in Dallas. (Austin McAfee/Icon Sportswire via Getty Images)

Tue, February 4, 2025 at 7:51 PM PST
Luka’s Lakers intro

An inside look at Luka Dončić’s subdued Lakers introduction from Yahoo Sports’ Vincent Goodwill.

Click on the photo for story:

Lakers general manger Rob Pelinka and Luka Dončić field questions at Dončić's introductory news conference. (AP Photo/Jae C. Hong)Lakers general manger Rob Pelinka and Luka Dončić field questions at Dončić's introductory news conference. (AP Photo/Jae C. Hong)

Lakers general manger Rob Pelinka and Luka Dončić field questions at Dončić’s introductory news conference. (AP Photo/Jae C. Hong)

Tue, February 4, 2025 at 2:59 PM PST
Why Lakers GM Rob Pelinka lucked into Luka Dončić
Tue, February 4, 2025 at 10:06 AM PST
Mavs add wing around new acquisition Anthony Davis

Tue, February 4, 2025 at 9:54 AM PST
Jimmy Butler’s camp reiterates he’s ready to move on from Heat: Report

Tue, February 4, 2025 at 9:44 AM PST
Luka Dončić says playing with LeBron James is a “dream come true”

Luka Dončić was introduced on Tuesday as the newest member of the Los Angeles Lakers, following Saturday night’s shocking trade from the Dallas Mavericks that shook the NBA.

Sitting on a dias alongside Lakers general manager Rob Pelinka, Dončić said he would “take the high road” in response to comments about him from the Mavericks after the trade was made.

“At some point, I knew this was going to happen, but I always take the high road,” Dončić said. “I had my amazing moments in Dallas with my teammates, coaches and, most importantl,y the fans. They always supported me. It was an amazing journey.”

Dončić said he has always looked up to new teammate LeBron James and called it “a dream come true” to play with the NBA’s all-time leading scorer. Though he said he hasn’t had much time to think about basketball since the whirlwind circumstances of the trade, Dončić has thought about how he and James will work together on the court.

“I’m excited to learn from him,” he said. “We both make our teammates better. Our IQ is very high.”

Read the full story here.

Tue, February 4, 2025 at 9:29 AM PST
Luka Dončić was just as surprised as you were about his trade to the Lakers
Tue, February 4, 2025 at 7:03 AM PST
T’Wolves’ Anthony Edwards on shocking Luka Dončić trade: ‘You don’t just trade him at 25’

Only a few days removed from the stunning trade that sent Luka Dončić from the Dallas Mavericks to the Los Angeles Lakers for Anthony Davis, Minnesota Timberwolves star Anthony Edwards remains shocked and bewildered that a deal of that magnitude could go down.

Dončić, who turns 26 later this month, is a five-time All-NBA First Team player and last season’s scoring champion, among other accomplishments. To Edwards, he still can’t get over the fact that the Mavericks would be open to moving a player on that level.

“They say that nobody knew about the trade. That’s crazy,” Edwards said following Minnesota’s loss to the Sacramento Kings on Monday. “At 25 [years old], they traded probably the best scorer in the NBA. And he didn’t know about it. There’s a lot more digging somebody’s gotta do to find out why he got traded. Because you don’t just trade him at 25. He just went to the Finals. I feel bad for Luka, man.”

The reaction across the basketball world has been a mix of anger and disbelief. Mavericks fans are upset that general manager Nico Harrison believed this was a trade to make for a 26-24 team that sits eighth in the Western Conference. Some protested the move on Sunday by staging a mock funeral and spray-painting messages directed at Harrison. Dončić’s own father slammed the organization, saying his son “absolutely doesn’t deserve this.”

Read the full story here.

Mon, February 3, 2025 at 9:41 PM PST
Nuggets ‘not trading Michael Porter’

Michael Porter isn’t going anywhere.

Nuggets coach Michael Malone insisted on Monday night that, despite rumors to the contrary, the team won’t be trading Porter before Thursday’s deadline.

“No because we’re not trading Michael Porter,” Malone said on Monday, via ESPN. “So I’m not touching base with anybody on that … And if there’s something coming obviously [Nuggets GM Calvin Booth] will talk with me and I’m sure we’ll communicate with whatever players. But Michael is a really important piece, he helped us win a championship.”

Porter has averaged 18 points and 6.4 rebounds per game this season. He had a season-high 36 points in Monday’s 125-113 win over the Pelicans, too.

Mon, February 3, 2025 at 8:21 PM PST
Hornets-Thunder pick swap

We have a pick swap on Monday night. The Oklahoma City Thunder received the Charlotte Hornets’ 2030 second-round draft pick (which originally belonged to the Denver Nuggets) in exchange for their 2029 second-round draft pick (which originally belonged to the Phoenix Suns.

We’ll see what this leads to, if anything …

Mon, February 3, 2025 at 7:07 PM PST
Patrick Mahomes on the Luka Dončić trade

The Kansas City Chiefs quarterback talked about the stunning trade surrounding his favorite NBA team at Super Bowl media day on Monday night.

“As a Dallas fan, it hurts me.”