The Warriors and Timberwolves have agreed on a deal for D'Angelo Russell, according to ESPN's Adrian Wojnarowski.
Russell, Jacob Evans and Omari Spellman are headed to Minneapolis in exchange for Andrew Wiggins, a 2021 top-three protected first-round pick and a 2021 second-round pick. The 2021 first-rounder becomes unprotected in 2022. Karl-Anthony Towns and Russell, who are good friends, team up in Minnesota.
It was "the league's worst-kept secret" that the Wolves were aggressively pursuing Russell in an attempt to keep Towns happy, according to The Athletic's Shams Charania. Towns could have pressured the Wolves into trading him at any point, and that power had the Wolves desperate to make a move to appease him. The Wolves' inability to build around the All-NBA player this season and in previous seasons has been palpable. Trading for Russell could very well help ease that broiling tension.
Elsewhere, the Heat and Thunder forward Danilo Gallinari worked overnight negotiating a contract extension to finalize a three-team deal that would take him to South Beach, according to ESPN's Adrian Wojnarowski, but talks have stalled between OKC and Miami on a trade package.
As it stands, only Iguodala and two Grizzlies teammates will be heading to Miami after it seemed Gallinari would follow suit. Jae Crowder and Solomon Hill would also be dealt to the Heat, in exchange for Justise Winslow, Dion Waiters and James Johnson. Johnson would then subsequently dealt to the Timberwolves for Gorgui Dieng.
Iguodala has already reportedly agreed to a two-year, $30 million contract extension with the Heat. The former Finals MVP has sat out the first three months of the season awaiting a trade, much to the ire of teammates like Dillon Brooks and Ja Morant.
It's still possible that the deal will expand to include Gallinari and the Thunder, according to ESPN's Wojnarowski. Even if the Thunder and Heat do finalize a trade, a Gallinari extension would be needed, and there's no guarantee those negotiations will be completed by mid-afternoon.
Expect some clarity before today's trade deadline at 3 p.m. EST. Keep up with the latest trade rumors and notes below.
3:27 p.m. ET
• The Clippers will not keep Isaiah Thomas, who they acquired along with Marcus Morris earlier today. (David Aldridge, The Athletic)
• The 76ers will waive Trey Burke. (Shams Charania, The Athletic)
3:16 p.m. ET
• The Lakers are likely to give JR Smith, currently a free agent, a post-trade deadline audition and are favorites to sign Darren Collison, should be return from retirement. (Marc Stein, New York Times)
3:10 p.m. ET
2:54 p.m. ET
• The Clippers have acquired the pieces they need to push forward in the crowded upper echelon of the Western Conference. They acquired Marcus Morris and Isaiah Thomas. Jerome Robinson will head to the Wizards, while Moe Harkless, the draft rights to Issuf Sanon and a 2020 first-round picks will go to New York. (Adrian Wojnarowski, ESPN & David Aldridge, The Athletic)
2:30 p.m. ET
• The Pistons have sent Andre Drummond to the Cavaliers for Brandon Knight, John Henson and a second-round pick (Kevin O'Connor, The Ringer)
• The Wizards acquired Shabazz Napier from the Nuggets for Jordan McRae. (Candace Buckner, Washington Post)
• The Magic have acquired James Ennis from the 76ers in exchange for a second-round pick. (Adrian Wojnarowski, ESPN)
2 p.m. ET
• The Clippers have a deal with the Knicks for Marcus Morris. The Knicks would receive Mo Harkless, but the other pieces of the deal are still being worked out. (Shams Charania, The Athletic)
1:30 p.m. ET
• Houston traded Jordan Bell, who it acquired on Wednesday, to the Grizzlies for Bruno Caboclo. The two teams also swapped second-round picks. (Adrian Wojnarowki, ESPN)
• The Trail Blazers sent Skal Labissiere to the Hawks for $2 million. (Chris Haynes, Yahoo Sports)
• The Knicks and Clippers are in deep talks regarding a Marcus Morris for Moe Harkless swap. (Shams Charania, The Athletic)
• The Lakers and Clippers are in face-off over Marcus Morris. The Knicks are adamant about wanting Kyle Kuzma, but so far, the Lakers are reluctant to add him in a deal. (Ramona Shelburne, ESPN)
• The Lakers have informed the Knicks that Kyle Kuzma is off the table. (Shams Charania, The Athletic)
1 p.m. ET
• Despite overtures from the Magic "and others," the Suns have not received an offer to their liking for Kelly Oubre. (Marc Stein, New York Times)
• Houston pursued Tristan Thompson, but could not make the salary cap math work with Cleveland. If Thompson stays with Cleveland after the deadline, he will not accept a buy-out. (Chris Haynes, Yahoo Sports)
• The Clippers are trading Derrick Walton, Jr. to the Hawks for cash. (Adrian Wojnarowski, ESPN)
• The Heat agreed to trade Justise Winslow, Dion Waiters and James Johnson to the Grizzlies in exchange for Andre Iguodala, Jae Crowder and Solomon Hill. (Adrian Wojnarowski, ESPN)
• Oklahoma City forward Danilo Gallinari could still be dealt to the Heat as part of a three-team deal, but the two sides haven't been able to reach an agreement on a new contract, effectively stalling those talks. (Adrian Wojnarowski, ESPN)
• The Knicks are trying to acquire Kyle Kuzma in a package for Marcus Morris. They are also still pursuing D'Angelo Russell in a trade. (Frank Isola)
11 a.m. ET
• The Knicks have reportedly hired Leon Rose of CAA Sports as their President of Basketball Operations. This jibes with a recent trend of player agents turning management, following Bob Myers with Golden State, Rob Pelinka to the Lakers and, in baseball, Brodie Van Wagenen to the Mets. (Adrian Wojnarowski, ESPN)
• Jimmy Butler on reports that the Heat are due to acquire Andre Iguodala and Danilo Gallinari: "We're ready to go to war. We know we can compete with the best of them." (Ben Golliver, Washington Post)
• The Knicks inquired about the Pacers' Aaron Holiday, but there's no indication on how far talks have gone. (Marc Berman, New York Post)
• There's an "increased likelihood" that Andre Drummond will remain on the Pistons. (Chris Haynes, Yahoo Sports)
10 a.m. ET
• Bogdan Bogdanovic is expected to remain a King through the trade deadline. Bogdanovic was previously tied to Kyle Kuzma in a trade, though the Kings were unwilling to part with the Serbian sharpshooter in that particular package. Bogdanovic will be a restricted free agent this summer, and the Kings are expected to match any offer that comes his way. (James Ham, NBC Sports)
• Iguodala said that he expected to take a physical with the Heat in Sacramento on Friday, where they will play the Kings, but is unsure as to when he will make his debut. (Marc Spears, The Undefeated)
9 a.m. ET
• The Warriors are trading Alec Burks and Glenn Robinson III to the Philadelphia 76ers in exchange for three second-round picks. (Shams Charania, The Athletic)
• Gallinari on trade rumors: "My parents taught me a great thing when I was a little kid: To not read newspapers or follow the media. I really don't follow any stuff, especially game day I'm focused on the game." (Maddie Lee, The Oklahoman)
• The Lakers inquired about the Thunder's Dennis Schroder, but OKC, who sit in seventh place in the West, are not going to give him up to their adversary without a hefty return. (Dave McMenamin, ESPN)
• The Knicks are heavily shopping around Marcus Morris. They asked for Landry Shamet from the Clippers, who balked at that deal. (Ian Begley, SNY)
• The Sixers are working on additional trades to create roster spots for Burks and Robinson III. (Adrian Wojnarowski, ESPN)
• The Grizzlies have agreed to a three-year, $35 million extension with Dillon Brooks. (Adrian Wojnarowski, ESPN)
• The Sacramento Kings are trading Dewayne Dedmon and two second-round picks to the Atlanta Hawks for Jabari Parker and Alex Len. (Adrian Wojnarowski and Zach Lowe, ESPN)
• The Knicks are pursuing D'Angelo Russell, but would need to match the Warriors' asking price of two high-level first-round picks—one unprotected. (Shams Charania, The Athletic)
• Multiple teams have inquired with the Lakers about guard Alex Caruso. (Chris Haynes, Yahoo Sports)
• The Warriors intend to "move on" from negotiations with the Wolves regarding Russell given the current scope of the deal, but if Minnesota is able to increase their offer, Golden State would be all ears. So far, the Wolves have been incredibly reluctant to give up an unprotected first-round pick, but time is ticking on their pursuit to make Karl-Anthony Towns happy. (Shams Charania and Jon Krawczynski, The Athletic)
• The Pelicans are not wavering on their steep asking price for Jrue Holiday. A godfather offer that fits the criteria stipulated has not yet emerged. The Pelicans are content with keeping him if nothing materializes. (Adrian Wojnarowski, ESPN)
• The Knicks have had "exploratory talks" with the Lakers about Kuzma. (Shams Charania, The Athletic)
• Kuzma said "I really don't care" about the swirling trade rumors surrounding him these last few weeks. "If I get traded, I get traded. It don't matter. I'm still going to play basketball. I'm still going to play the game I love. I'm still going to be paid." (Melissa Rohlin, Sports Illustrated)
• Derrick Rose said he feels at home in Detroit and wants to stay. Rose has reportedly been shopped around for a lottery-level first-round pick. (Shams Charania, The Athletic)
• Everyone on the Knicks besides No. 3 pick RJ Barrett and Mitchell Robinson are available in a trade. (Mike Vorkunov, The Athletic)
• Rockets are currently closing in on a deal for a center with two different Eastern Conference teams. (Kelly Iko, The Athletic)