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Trade Rumors: Morant, Heat, Lakers, Raptors, Bucks, Wolves

January 16, 2026 by Hoops Rumors

Classifying the level of league-wide trade interest in Grizzlies point guard Ja Morant as “tepid,” ESPN’s Tim Bontemps and Brian Windhorst say the Heat‘s interest, specifically, has been overstated.

As Bontemps and Windhorst explain, Miami has been “laser focused” on keeping its salary cap relatively clean for the 2027 offseason, when superstars like Nikola Jokic and Giannis Antetokounmpo could become free agents. Sources tell ESPN that it’s highly unlikely the team would pivot away from that plan in order to acquire Morant, whose contract includes a guaranteed $44.9MM salary for 2027/28.

Addressing ESPN’s report, Barry Jackson of The Miami Herald (Twitter link) essentially agrees, writing that the Heat haven’t made an offer for Morant and are only interested if it’s a “complete giveaway” from Memphis’ perspective. Jackson jokes that the Grizzlies might even need to throw in a first-round pick to entice Miami.

As for which other teams might be in the mix for Morant, sources who spoke to Bontemps and Windhorst don’t believe there’s much of a market for the two-time All-Star, whose production has declined in recent years, but the Bucks were repeatedly mentioned as one possible option, per ESPN’s duo.

Here’s more from Bontemps and Windhorst on the NBA trade market:

  • The Lakers are seeking help on the perimeter and rim protection as they consider their in-season options, league sources tell ESPN. “They’re going to be looking for bargain deals and they might be able to find one if they’re willing to take on long-term money,” one Western Conference general manager said. “But they probably need to make sure that player is a good fit with Luka (Doncic) to justify it.”
  • The Raptors have been gauging the trade value of several of their players, including guard Immanuel Quickley and forward RJ Barrett, sources tell Bontemps and Windhorst. While other teams may be reluctant to take on long-term salary for potential trade candidates like Morant, Domantas Sabonis, or Anthony Davis, the Raptors – who have been linked to each of those players – would be in better position to do because their offers would include multiyear contracts of their own (Quickley, Barrett, and/or Jakob Poeltl), ESPN’s duo points out. Still, a lack of bigger expiring contracts means Toronto would have to include draft compensation to strengthen its offers.
  • The Bucks have expressed interest in talent “at basically any position” and are widely regarded as a team that will make a meaningful move at the deadline, according to ESPN. “Milwaukee still has a first-round pick they can trade, and they’re $14 million under the luxury tax,” one Eastern Conference executive said. “I’ve seen teams make chicken salad with less.”
  • According to Bontemps and Windhorst, executives believe the Timberwolves are hoping to bolster their backcourt while also reducing their payroll, as they’re poised to pay a significant tax bill for a second straight season. It will be difficult for Minnesota to make a real upgrade without giving up at least one rotation player, however.

Filed Under: Heat

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