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Since we last did this exercise, one of the main players (Jimmy Butler) circulated in rumors remains the same. But there are a few other notable potential moves to keep an eye on, including Sacramento point guard De’Aaron Fox finding a new home.

There will be more before the 2025 NBA Trade Deadline on Thursday, Feb. 6, at 3 p.m. Eastern. What follows is all the latest news, notes and rumors heading into that deadline. It will be updated as news and rumors break between now and then, so check back often for the latest.

The Memphis Grizzlies have bounced back this season as one of the better teams in the Western Conference. After an injury-riddled year last season, Memphis has reclaimed its spot among the elite teams in the West.

Despite these challenges, the Grizzlies have thrived as a unit, securing the No. 2 seed in the Western Conference with a 36-18 record at the All-Star break and tying a franchise record with 56 wins in the 2021-22 season before falling to the Golden State Warriors in the Western Conference semifinals.