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NBA trade deadline 2025: Deal details, grades, analysis

guard Luka Doncic Anthony Davis FILE - Dallas Mavericks guard Luka Doncic drives against Los Angeles Lakers forward Anthony Davis (3) during the first half of an NBA basketball game in Dallas, Tuesday, Dec. 12, 2023. (AP Photo/LM Otero, File) (LM Otero/AP)

There's nothing quite like a cover-of-darkness, nobody-saw-this-coming blockbuster with two of basketball's 10-best players to jolt the NBA's trade season into action.

The Dallas Mavericks' decision to send superstar Luka Dončić to the Los Angeles Lakers for Anthony Davis and a first-round draft pick early Sunday stunned team executives across the league. It also left one obvious question ahead of Thursday's 3 p.m. ET trade deadline: Who's next?

The Sacramento Kings followed about 20 hours later with a somewhat-less-surprising move, trading De'Aaron Fox to the San Antonio Spurs in a three-team deal that also netted the Kings Zach LaVine from the Chicago Bulls. In the span of less than a day, four current 20-point scorers had been dealt ahead of the league deadline — the most in NBA history, according to ESPN Research.

Those almost certainly won't be the final trades this week. We'll recap each here as they happen.

De’Aaron Fox to Spurs; Zach LaVine to Kings (Feb. 2)

Spurs get:

De’Aaron Fox

Jordan McLaughlin

Kings get:

Zach LaVine

Sidy Cissoko

Charlotte 2025 first-round pick (top-14 protected; becomes 2026 and ’27 second-rounders if not conveyed)

San Antonio 2027 first-round pick

Chicago 2025 second-round pick

Denver 2028 second-round pick

Rights returned to their own 2028 second-round pick

Bulls get:

Zach Collins

Tre Jones

Kevin Huerter

Rights returned to their own 2025 first-round pick

Trade grades | Spurs' deal for Fox should have West's attention

Mavs send Luka Dončić to Lakers for Anthony Davis (Feb. 2)

Lakers get:

Luka Dončić

Maxi Kleber

Markieff Morris

Mavericks get:

Anthony Davis

Max Christie

L.A. Lakers 2029 first-round pick

Jazz get:

Jalen Hood-Schifino

L.A. Clippers 2025 second-round pick

Dallas 2025 second-round pick

Trade grades | Does Dončić's trade signal a changing NBA landscape?

Clippers acquire Mills, Eubanks from Jazz (Feb. 1)

Clippers get:

Drew Eubanks

Patty Mills

Jazz get:

Mo Bamba (since waived)

P.J. Tucker

Clippers 2030 second-round pick

Cash considerations

Suns get three first-round picks from Jazz (Jan. 21)

Suns get:

2025 first-round pick (least favorable of Cleveland/Minnesota/Utah)

2027 first-round pick (least favorable of Cleveland/Minnesota/Utah)

2029 first-round pick (least favorable of Cleveland/Minnesota/Utah)

Jazz get:

Phoenix 2031 first-round pick

Suns acquire Nick Richards (Jan. 15)

Hornets get:

Josh Okogie

Denver 2026 second-round pick

Denver 2031 second-round pick

Phoenix 2031 second-round pick

Suns get:

Nick Richards

Denver 2025 second-round pick

Lakers trade Russell for Finney-Smith (Dec. 29)

Lakers get:

Dorian Finney-Smith

Shake Milton

Nets get:

D'Angelo Russell

Maxwell Lewis

Lakers 2027, 2030 and 2031 second-round picks

Nets trade Dennis Schroder to Warriors (Dec. 15)

Warriors get:

Dennis Schroder

Miami 2025 second-round pick

Nets get:

De'Anthony Melton

Reece Beekman

Atlanta 2026 second-round pick

Atlanta 2028 second-round pick

Golden State 2029 second-round pick

Heat trade Thomas Bryant to Pacers (Dec. 15)

Pacers get:

Thomas Bryant

Heat get:

2031 second-round pick swap with Indiana