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Trade Rumors: Davis, Hawks, Raptors, Zion, Bulls

January 11, 2026 by Hoops Rumors

ESPN’s Shams Charania recently reported that the Hawks were considered likely to remain in pursuit of Mavericks big man Anthony Davis after clearing Trae Young‘s salary from their books for next season. However, a Davis deal between the two teams looks unlikely at this juncture, sources tell Grant Afseth of DallasHoopsJournal.com.

While Atlanta has a level of interest in Davis, the team has been unwilling to part with either Zaccharie Risacher or the prized 2026 first-round pick the team controls (better of Pelicans’ or Bucks’) in talks for the 10-time All-Star, Afseth writes. I’d be very surprised if that 2026 first-rounder is ever made available under any circumstances, let alone for an oft-injured star in his 30s like Davis, so a potential trade may hinge on whether the Hawks change their stance on Risacher.

Several reports have stated Davis is looking for a contract extension in the offseason, but the Mavs aren’t making any promises on that front, according to Afseth. The Athletic reported on Wednesday that Davis’ camp aren’t convinced Dallas is interested in an extension and wouldn’t mind trying to get him to a team more likely to pursue a new deal.

Here are some more trade rumors from around the NBA:

  • Josh Lewenberg of TSN.ca confirms the Raptors have conveyed “exploratory interest” in Davis, but he’s skeptical that a trade will be consummated (Twitter video link). As Lewenberg explains, Toronto’s outgoing salary in a two-team deal with Dallas for Davis would probably consist of RJ Barrett and Jakob Poeltl, and if that were the case, the Mavericks would likely want multiple first-round picks in the deal. The Raptors have shown a willingness to take buy-low swings on stars with lengthy injury histories in the past, Lewenberg adds, but giving up two or three first-rounders for Davis wouldn’t qualify as buying low.
  • As for what moves look likely for the Raptors, getting below the luxury tax line is a priority, according to Lewenberg, who continues to hear Ochai Agbaji is a potential salary-dump candidate, though he acknowledges the team would likely have to attach a sweetener or two in such a deal. Lewenberg points to Daniel Gafford (Mavericks) and Goga Bitadze (Magic) as a couple of centers to keep an eye on, but says the Raptors have also been happy with the development of Collin Murray-Boyles and don’t want to impede the rookie big man’s progress. Overall, a significant Raptors trade looks more likely to occur in the offseason than before the February 5 deadline, Lewenberg adds.
  • On the “Clutch Scoops” show (Twitter video link), Brett Siegel of ClutchPoints said the Bulls are a potential suitor for Pelicans forward Zion Williamson. “Keep a close eye on the [Bulls] maybe pursuing Zion Williamson. … I’ve heard that there’s been some smoke there about Chicago scouting New Orleans in recent weeks and Zion would be the ideal buy-low candidate for a team like the Bulls who have a lot of expiring contracts,” Siegel said. 

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