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NBA Trade Deadline: When Is It and When Does It End?
NBA trade deadline day is the final day on which the teams can swap assets. After this day, the NBA teams can't re-shape their roster till the off season.
The NBA trade deadline is one of the craziest days of the NBA season each year. This day is officially the last chance for the teams to build their roster before the offseason.
The NBA trade deadline for the 2023–24 season is set for February 8. By this date, most of the teams would have played close to 50 games out of the 82 regular season games. Trades can only be completed till 3 p.m. Eastern Time and it can go over only if the GMs are on the call before the deadline.
There have been a lot of crazy trades that have occurred at the deadline over the years. One of the most significant was when the Brooklyn Nets decided to part ways with their star duo last season.
The Phoenix Suns made a major splash on deadline day to acquire Kevin Durant. The LA Lakers traded Russell Westbrook for several depth players at last year's deadline.
Teams know well where they're trending by that time of the year. Having said that, it causes them to go in one of two ways. While some teams are frantically trying to add players to push for the playoffs, others are offloading important players to acquire assets for the future.
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What are the options for the teams after the NBA Trade Deadline?
In technicality, the answer is yes. The NBA trade deadline is the last day to swap assets. However, once it ends, then the focus shifts to the buyout market.
A few players typically get bought out of their contracts at the deadline for a variety of reasons. Teams now could sign them for the remainder of the season as a free agent. The teams that can now pursue buyout signings are subject to more stringent regulations under the new CBA. In the buyout market, no team over the second apron can sign a player.
These are seasoned players who can help a team in preparing for the postseason. However, they are not superstars. Patrick Beverley, who signed a contract with the Chicago Bulls after being bought out by the Orlando Magic, is one of the important names to sign in this manner. A player must be signed by March 1 to be eligible for the postseason roster.
Unpredictable season so far:
With less than 10 days to go, the teams are feeling the heat of the NBA trade deadline day. The 2023-24 NBA season has been very unpredictable, and the teams have struggled for consistency. Only a few top teams can be proud of their form this season.
Those teams are the Boston Celtics, Minnesota Timberwolves, OKC Thunder, New York Knicks, and Denver Nuggets. This means that the other teams who are in the race for playoffs are hoping to improve before the deadline.
Few teams that were anticipated to be in the postseason saw sharp declines that might cause them to become heavy sellers. Numerous franchises appear to be moving in that direction, and their interactions may significantly influence the market.
The NBA trade deadline deals have not always altered a team's course. However, after looking at the deals that went through last season, there seems to be a shift in the league's mood. Kyrie Irving and Kevin Durant making moves to different franchises surprised a lot of people.
From a team standpoint, the LA Lakers completely turned around their situation by getting rid of Russell Westbrook and other role players—who appeared to be regressing, into pieces that helped them advance to the conference finals.
The market's faltering competitors might easily follow the trend and make bold decisions.
2024 NBA Trade Deadline Day Tracker: Major deals completed so far
June 18: Wizards send Bradley Beal to Phoenix
Washington Wizards get:
G Chris Paul
G Landry Shamet
Multiple second-round picks
Multiple pick swaps
Phoenix Suns get:
G Bradley Beal
G Jordan Goodwin
F Isaiah Todd
June 21: Celtics add Kristaps Porzingis and trade Marcus Smart in a 3-team trade
Boston Celtics get:
F/C Kristaps Porzingis
2023 first-round pick (No. 25)
2024 first-round pick (via Golden State; top-four protected)
Washington Wizards get:
G Tyus Jones
F Danilo Gallinari
C Mike Muscala
2023 second-round pick (No. 35)
Memphis Grizzlies get:
G Marcus Smart
June 22: Chris Paul moving to the Warriors
Golden State Warriors get:
G Chris Paul
Washington Wizards get:
G Jordan Poole
2030 first-round pick (top-20 protected)
2027 second-round pick
Wizards grab Coulibaly
Indiana Pacers get:
No. 8 overall pick (F Jarace Walker)
2028 second-round pick (via PHX)
2028 second-round pick (via WSH)
Washington Wizards get:
No. 7 overall pick (G/F Bilal Coulibaly)
July 6: Heat send Oladipo to Thunder
Oklahoma City Thunder get:
F Victor Oladipo
Miami Heat get:
Draft compensation
Trade Exception
July 6: Cavaliers land Strus in sign-and-trade
Cleveland Cavaliers get:
F Max Strus
Miami Heat get:
Future second-round pick
San Antonio Spurs get:
F Cedi Osman
F Lamar Stevens
Future second-round pick
July 8: Rockets sending Martin to Clippers, get Brooks in 5-team deal
Houston Rockets get:
G Dillon Brooks
Draft rights to Alpha Kaba (via Hawks)
Two future second-round picks (via Clippers)
Oklahoma City Thunder get:
G Patty Mills
2024 second-round pick (via Rockets)
2029 second-round pick (via Rockets)
2030 second-round pick (via Rockets)
Atlanta Hawks get:
F Usman Garuba (via Rockets)
G TyTy Washington Jr. (via Rockets)
Two future second-round picks (via Rockets)
Memphis Grizzlies get:
G Josh Christopher
LA Clippers get:
F Kenyon Martin Jr.
July 12: Celtics sending Williams to Mavericks
Dallas Mavericks get:
F Grant Williams
2025 second-round pick (from Raptors, via Spurs)
2028 second-round pick (from Heat, via Spurs)
Boston Celtics get:
2024 second-round pick (via Spurs)
2025 second-round pick swap (via Mavericks)
2030 second-round pick (via Mavericks)
San Antonio Spurs get:
G Reggie Bullock
2030 first-round pick swap (via Dallas)
Sept. 27: Lillard traded to the Milwaukee Bucks by the Portland Trail Blazers
Milwaukee Bucks get:
G Damian Lillard
Portland Trail Blazers get:
G Jrue Holiday
C Deandre Ayton
F Toumani Camara
2029 unprotected first-round pick
2028 unprotected pick swap
2030 unprotected pick swap
Phoenix Suns get:
C Jusuf Nurkic
G Grayson Allen
F Nassir Little
G Keon Johnson
Oct. 1: Boston Celtics add Jrue Holiday in trade with Portland Trail Blazers
Boston Celtics get:
G Jrue Holiday
Portland Trail Blazers get:
C Robert Williams III
G Malcolm Brogdon
2024 first-round pick (via Warriors)
2029 unprotected first-round pick
Oct. 31: James Harden traded to LA Clippers in blockbuster deal
LA Clippers get:
G James Harden
F P.J. Tucker
F Flip Petrusev (Traded to Kings for Draft rights to Luka Mitrovic and cash)
2027 Least favorable first-round pick swap with Oklahoma City or Denver (if 6-30)
Philadelphia 76ers get:
F Nicolas Batum
F Robert Covington
F Kenyon Martin Jr.
F Marcus Morris
2024 second-round pick from either Indiana, Toronto, Cleveland or Utah
2026 first-round pick (the least favorable of Oklahoma City, LA or Houston, 5-30)
2028 unprotected first-round pick (LA)
2029 second-round pick (LA)
2029 first-round pick swap (LA)
Oklahoma City Thunder get:
2027 first-round pick swap via LA Clippers
Dec. 30: Knicks get Anunoby from the Raptors
New York Knicks get:
F O.G. Anunoby
F Precious Achiuwa
G Malachi Flynn
Toronto Raptors get:
F RJ Barrett
G Immanuel Quickley
2024 second-round pick (via DET)
Jan. 17: Indiana Pacers sign Pascal Siakam in deal with Toronto Raptors
Indiana Pacers get:
F Pascal Siakam
Future second-round pick
Toronto Raptors get:
F Bruce Brown
F Jordan Nwora
G Kira Lewis Jr.
2024 first-round pick
2024 first-round pick
2026 first-round pick
Jan. 23: Miami Heat acquire Terry Rozier in exchange for Kyle Lowry
Charlotte Hornets get:
G Kyle Lowry
2027 first-round pick
Miami Heat get:
G Terry Rozier
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