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Trade Rumors: Butler, Pelicans, Fox, Spurs, Yabusele, Wolves, Bogdanovic

February 1, 2025 by Hoops Rumors

Addressing a Friday report that stated the Pelicans have contacted Miami about Jimmy Butler, John Gambadoro of Arizona 98.7 tweets that New Orleans has “no interest” in trading for the Heat forward.

Butler doesn’t want to go to New Orleans and the Pelicans would be hard-pressed to add him in a swap involving Brandon Ingram without increasing their team salary, which they don’t want to do, Gambadoro notes (via Twitter), adding that he believes the Heat or Butler’s agent are using the Pelicans for leverage.

For what it’s worth, Jake Fischer of The Stein Line – who initially co-reported the Pelicans/Heat discussions along with Marc Stein – said in a Bleacher Report stream on Friday (video link) that while the two teams have talked, he doesn’t think Butler ending up in New Orleans “sounds likely at all.”

Here are a few more trade rumors from around the NBA:

  • Despite some chatter from local media in San Antonio about the Spurs potentially gaining momentum toward a De’Aaron Fox trade, Jason Anderson of The Sacramento Bee (Twitter link) hears from a source with knowledge of the situation that “all is quiet as of now” and that no deal involving the Kings star appears imminent. If the Spurs do make a deal for Fox, it’s unlikely to include Stephon Castle, according to plugged-in Sacramento reporter Damien Barling of ESPN 1320 (Twitter link), who says indications are that San Antonio won’t be willing to give up the rookie guard.
  • In another story for The Stein Line (Substack link), Fischer adds the Timberwolves to the list of teams that have inquired on Sixers big man Guerschon Yabusele. Philadelphia has received offers that include multiple second-round picks for Yabusele, according to Fischer.
  • After Stein reported on Thursday that the Hawks are actively exploring potential Bogdan Bogdanovic trades, Fischer follows up (Substack link) by citing momentum toward a deal, with confidence rising in Atlanta that a deal will get down. However, both Stein and Gerald Bourguet of PHNX Sports (Twitter link) dispute that a deal with the Suns involving Jusuf Nurkic is among the options currently under consideration.

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