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Southeast Rumors: Okongwu, Hawks, Hornets, Wizards, Magic

February 1, 2026 by Hoops Rumors

The Hawks have rebuffed inquiries from rival teams on center Onyeka Okongwu, according to Michael Scotto of HoopsHype, who says Atlanta isn’t looking to move Okongwu and would prefer to add more frontcourt depth around him. Indiana was said earlier this month to have interest in Okongwu.

While Kristaps Porzingis and Luke Kennard are viewed as trade candidates and could be involved in a more significant trade, the Hawks have also signaled that they’re open to using their flexibility below the luxury tax line to take on additional salary if it comes with second-round draft compensation attached, Scotto writes.

The Hawks currently have nearly $7MM in breathing room below the tax threshold and have several trade exceptions at their disposal, including one worth more than $13MM. They could also cut big man N’Faly Dante, who suffered a season-ending ACL tear, if they need to open up a roster spot, Scotto observes.

Here are a few more items of interest from around the Southeast Division:

  • It remains to be seen whether the Hawks will enter the Giannis Antetokounmpo sweepstakes, but they have “zero interest” in trading either Jalen Johnson or their top 2026 draft pick (the most favorable of the Bucks’ and Pelicans’ first-rounders), tweets Brett Siegel of ClutchPoints.
  • Following up on a report stating Hornets forward Miles Bridges has drawn interest from the Bucks (and other teams), Siegel says Milwaukee and Charlotte had trade conversations about Bridges and big man Bobby Portis. While the Hornets have some level of interest in Portis, they’d want a greater return to move on from Bridges and there has been no momentum on that front, per Siegel. The Bucks may also be less inclined to pursue veteran role players like Bridges if they end up trading Antetokounmpo.
  • Although a recent report indicated the Wizards have interest in Jazz center Walker Kessler and could consider making a run at him in restricted free agency this summer, Washington views Alex Sarr as its center of the future, league sources tell HoopsHype. Scotto also reports that the Wizards have received some exploratory interest on Khris Middleton and his $33.3MM expiring contract, though I imagine it would be difficult to extract real value for the veteran forward.
  • The Magic have gauged the trade market for former lottery pick Jett Howard since the offseason, league sources tell Scotto. However, moving off Howard’s $5.5MM expiring contract wouldn’t get Orlando out of luxury tax territory, so Tyus Jones ($7MM) and Jonathan Isaac ($15MM) may be the more likely trade candidates for the Magic.

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