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Full Trade Scenario
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Warriors get:
Mavericks get:
Magic get:
Nuggets get:
Raptors get:
Notes: The trade would be executed ahead of the February 5 deadline. The Warriors get the second-highest first in 2027 (via Utah) from the Cleveland Cavaliers, Minnesota Timberwolves, Los Angeles Lakers (5-30), and Jazz. The Nets get the lowest 2031 second-rounder via Utah (from the Phoenix Suns, Boston Celtics, Cleveland Cavaliers, or Jazz).
Before the trade, Kuminga and the Warriors amend his contract to lock him into 2026-27, yielding a $4.9 million trade bonus (paid by Golden State), increasing his cap hit for the Jazz by about $2.5 million. Utah uses the expanded trade exception from Anderson and Niang to take in Kuminga. Tyson is absorbed via the PJ Tucker trade exception; Hayes-Davis is on a minimum contract. Kevin Love is waived before the trade for roster space.
Golden State acquires Thompson, Isaac, and Sharpe via aggregating Kuminga, Hield, Horford, and Jackson-Davis, remaining below the second apron with enough room to sign Pat Spencer to a rest-of-season contract. Temple, who was re-signed for one year in Toronto at the minimum, approves the trade to Golden State. Sharpe and the Nets also amend his contract to lock in his 2026-27 season before the trade, preserving his full rights with the Warriors.
The Magic take in Hield for Isaac, generating the trade exception for the difference in salary, and Highsmith via Howard’s expanded trade exception.
The Mavericks take in Thomas and Pickett for Thompson, waiving Dante Exum (out for the season with a knee injury) for roster space. Thomas approves the trade from the Nets. Brooklyn uses cap room to take in the five players, waiving Jalen Wilson and Tyrese Martin to open the roster spot (though they could be traded elsewhere before this deal). The Nets are still about $2.3 million under the cap after the deal.
The Nuggets, Raptors, and Suns would need to get their roster back to 14 (or 15); some will play the 10-day contract game to account for incentives that may be earned (notably Cam Johnson in Denver).