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Afseth’s Latest: Spurs, Giannis, J. Johnson, Jazz, Bey

December 28, 2025 by Hoops Rumors

The Spurs have flashed tantalizing potential this season with a 21-7 start and a run to the NBA Cup championship game, but league sources who spoke to Grant Afseth of Dallas Hoops Journal don’t expect San Antonio to make the sort of significant in-season trade that would compromise the club’s future flexibility.

“They’re not going to sit around being satisfied, but I don’t see them making a move like trading for Giannis (Antetokounmpo),” a source told Afseth. “There are more reasonable options out there. They can be patient and opportunistic.”

According to Afseth, the expectation is that the Spurs will focus on internal growth of their young core this season while preserving their most valuable long-term assets. Still, he says some rival teams have wondered whether San Antonio would be willing to sacrifice some of those assets for another high-level role player who would complement the current group.

“They have the assets to make a trade like Orlando did to add Desmond Bane,” a source said. “It’d have to be someone that fits their timeline. Someone like a Trey Murphy III, for example, could be a strong fit.”

Here are a few more items of interest from Afseth’s latest round-up:

  • If Antetokounmpo is made available this season, many of the top suitors for the Bucks star are expected to be Eastern Conference clubs, says Afseth. That group includes the Heat, Knicks, Hawks, and Raptors, though rival executives are skeptical that New York would want to break up its roster during the season and Atlanta isn’t expected to make forward Jalen Johnson available, Afseth notes.
  • While both Afseth and Jake Fischer of The Stein Line (Substack link) say that hanging onto their top-eight protected 2026 first-round pick is a priority for the Jazz, Fischer writes that Utah also wants to “establish a winning environment” sooner rather than later. Lauri Markkanen and Keyonte George – along with 2026 restricted free agent Walker Kessler – are viewed as cornerstones for the Jazz, with Kyle Anderson, Jusuf Nurkic, Kevin Love, and Georges Niang considered potential in-season trade candidates, per Afseth. Afseth adds that both management and ownership have confidence that Will Hardy is the right head coach to guide the team out of its rebuilding stage.
  • Pelicans forward Saddiq Bey is increasingly piquing the interest of teams in need of help on the wing, according to Afseth, who published a full story on Sunday examining Bey’s return to action this season following a torn ACL. The 26-year-old is averaging 15.0 points and 6.1 rebounds in 29.5 minutes per game through 29 outings (21 starts) for New Orleans.

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