Luka Dončić Adam Pantozzi/NBAE via Getty Images

Biggest Winners and Losers from 2025 NBA Trade Deadline

Andy Bailey

Congratulations, NBA fans. If you're reading this, you survived perhaps the wildest NBA trade deadline week in league history.

Luka Dončić is now a Los Angeles Laker. Anthony Davis is on the Dallas Mavericks. The Golden State Warriors have Jimmy Butler. De'Aaron Fox, Zach LaVine, Khris Middleton and others switched teams, too.

Now it's time to sort through the madness to find the biggest winners and losers from all of the deals that happened on or near deadline day.

Winner: De'Andre Hunter

De'Andre Hunter Adam Hagy/NBAE via Getty Images

Just over an hour shy of Thursday's deadline, ESPN's Shams Charania reported that forward De'Andre Hunter would be headed from the middling Atlanta Hawks to the East's top-seeded Cleveland Cavaliers.

Cleveland paid a solid price to get him: Caris LeVert, Georges Niang, three second-round picks and two pick swaps.

Aside from the ego boost that a big trade package can be for a player, Hunter is now on a legitimate title contender with a natural spot for him in the starting five.

The Cavs have four players in Darius Garland, Donovan Mitchell, Evan Mobley and Jarrett Allen playing like stars, but small forward has been somewhat of a revolving door for them.

Hunter joins them with per-game averages of 19.0 points and 2.6 threes this season. He's shooting 39.3 percent from deep. And his role will be simple in Cleveland: play defense and be a catch-and-shoot weapon on the other end.

This is a clear win for Hunter.

Loser: Zach LaVine

Zach LaVine Rocky Widner/NBAE via Getty Images

One of the bigger deals of the week was a three-teamer that sent De'Aaron Fox to the San Antonio Spurs and Zach LaVine from the Chicago Bulls to the Sacramento Kings.

While that marks an upgrade in competitiveness for LaVine, Sacramento isn't quite as glitzy or as close to title contention as some of the other teams he'd been connected to (including the Los Angeles Lakers, Golden State Warriors and Denver Nuggets).

The deal also reunited LaVine with DeMar DeRozan, but their partnership flat-out did not work in Chicago. During the three seasons those two played together, the Bulls were minus-1.9 points per 100 possessions when both were on the floor, plus-1.9 when DeRozan played without LaVine and plus-0.5 when LaVine played without DeRozan.

Playing with DeRozan also meant significantly less touches and responsibility, particularly in crunch time, for LaVine.

You could argue that going from the play-in range in the East to the play-in range in the West is an upgrade. However, it's not enough of one to erase the fit issues and move LaVine to the other side of the winners-and-losers line.

Winner: Kyle Kuzma

Giannis Antetokounmpo and Kyle Kuzma Gary Dineen/NBAE via Getty Images

Kyle Kuzma is in the midst of the worst season of his NBA career. He was on an all-time bad team, averaging 15.2 points, constantly checking out on defense and posting a 46.9 effective field-goal percentage, which was 7.2 points shy of the league average.

Now, he's suddenly headed to a championship contender in the Milwaukee Bucks, where he'll get to play alongside Giannis Antetokounmpo and Damian Lillard.

Perhaps more importantly, this change should return Kuzma to a role better suited for his talents. He's not a first or second option. Being able to attack reserves as a heat-check scorer off the bench (assuming that's where head coach Doc Rivers puts him) makes a lot more sense.

And playing for a contender might motivate Kuzma to up his focus and intensity on defense, too. It's been a while, but he was once passable on that end.

Loser: Jusuf Nurkić

Jusuf Nurkić Emilee Chinn/Getty Images

The Phoenix Suns probably weren't a title contender this season, but they could reasonably claim to be one when they first acquired Jusuf Nurkić.

Less than two years later, Phoenix isn't even a lock to make the playoffs (far from it, actually). Nurkić had fallen out of the rotation there.

On Thursday, he was traded to one of the worst teams in the league in the Charlotte Hornets. Oh, and the Suns had to attach a first-round pick to Nurkić to get rid of him.

He'll now have a chance to put up more robust statlines for the tanking Hornets, but he's been removed from the national conversation. (With all due respect to Charlotte, it's a few years away from that itself.)

Winner: Jimmy Butler

Jimmy Butler Issac Baldizon/NBAE via Getty Images

He may have had his heart set on the Phoenix Suns—and according to ESPN's Brian Windhorst, he might have been headed there if Kevin Durant hadn't nixed his own return to the Golden State Warriors—but Jimmy Butler wound up in a better situation on the eve of trade deadline day.

Golden State isn't much closer to title contention than the Suns (if at all), but Stephen Curry's game fits Butler's better than the combination of Devin Booker and Bradley Beal.

Curry is perhaps the least selfish and most malleable superstar ever. His outside shooting and the gravity that follows him off the ball and beyond the three-point line will make Butler's cutting and driving lanes wider than the ones he had with the Miami Heat.

Even as he approaches his 37th birthday, Curry will be the most dynamic receiver Butler's ever played with. The former Heat star's playmaking is going to look better when it ends with passes to Curry.

Again, the Warriors may not be a surefire title contender, but Butler at least gives them a chance. A two-year, $111 million extension has to feel pretty good, too.

Loser: Khris Middleton

Patrick McDermott/Getty Images

Khris Middleton has spent all but his first NBA season with the Milwaukee Bucks. He's all over the franchise's career leaderboards, and he was an integral part of the 2020-21 team that won a championship.

That year, during the 2021 Finals, Middleton averaged 24.0 points, 6.3 rebounds and 5.3 assists. He was second on the team in all three of those categories.

This season, despite coming back from offseason surgeries on both ankles and being 33 years old, he'd settled nicely into a bench role.

Milwaukee's net rating was significantly better when he was on the floor, and he was averaging 12.6 points, 4.4 assists and 1.5 threes in just 23.2 minutes (19.7 points, 6.9 assists and 2.4 threes per 75 possessions). He's hit 40.7 percent of his three-point attempts this season.

Now, he's headed to Washington, the worst team in the league (and one of the worst of all time), in exchange for a player who has been objectively worse in 2024-25.

Winner: Mark Williams

Mark Williams Kent Smith/NBAE via Getty Images

With apologies to Hornets fans for what may feel like another stray hitting their team, but Mark Williams was toiling away in relative obscurity for Charlotte this season.

Nagging injuries throughout his three-year career probably have something to do with this, but next to no one was talking about Williams' top-15 box plus/minus and his 22.9 points, 14.2 rebounds, 3.7 assists and 1.7 blocks per 75 possessions.

Well, that won't be true any longer, with Williams headed to occupy the starting 5 role vacated by AD for the Lakers. His spot on this side of the winners-and-losers line isn't just about increased attention, though.

Williams was playing with a dynamic playmaker in LaMelo Ball, but he'll now be sharing the floor with two of the best of all time in Luka Dončić and LeBron James. Austin Reaves will create some good looks for Williams, too.

His role on offense is going to be a piece of cake (relatively speaking). And all of the wide-open, spoon-fed dunks could juice his scoring efficiency even more.

Loser: Milwaukee Bucks

Kyle Kuzma Jacob Kupferman/Getty Images

The Bucks are ostensibly in the hunt for the 2025 championship. While it makes sense to want to get younger at Middleton's roster spot, Kyle Kuzma is 29. By NBA standards, he's no spring chicken. He's also nowhere near as reliable a shooter and passer as Middleton.

Trading a franchise legend should almost certainly require a better return, especially when that legend is still helpful.

This season, the Bucks are plus-7.4 points per 100 possessions when Giannis Antetokounmpo, Damian Lillard and Middleton were all on the floor. They're plus-4.0 when Giannis and Lillard play without Middleton.

Winner: San Antonio Spurs

De'Aaron Fox Scott Cunningham/NBAE via Getty Images

The San Antonio Spurs landed one of this deadline's biggest talents in De'Aaron Fox, and they didn't have to surrender a single member of their young core to do it. They still have an abundance of future draft picks, too.

And now, they have a 27-year-old lead playmaker who's a natural fit alongside their 7'3" All-World big man, Victor Wembanyama.

Their games should complement each other well. Fox's slashing and passing ability should create plenty of open looks for Wemby, while the Frenchman's range will pull power forwards and centers away from the paint.

The potential symbiosis between those two is obvious. Being able to surround that duo with Devin Vassell, Keldon Johnson and Jeremy Sochan makes San Antonio one of the league's most intriguing teams going forward.

Loser: Dallas Mavericks

Anthony Davis Emilee Chinn/Getty Images

At the outset, it should be noted that Anthony Davis is an all-time great player having what would've been considered an MVP-caliber season in earlier eras.

As natural as it may be to perceive the widespread and well-founded discontent with the Luka trade as a slight to AD, that's not the point. Everyone still harping on that deal is well aware of how good Davis is.

The problem is that the Mavericks gave up a 25-year-old offensive hub who's already secured five All-NBA first-team nods and was off to one of the best starts to a career in NBA history. They did it in exchange for a soon-to-be-32-year old big man who is not in the same universe as Luka offensively and has struggled with injuries throughout his career.

Seemingly every public appearance or written attempt to justify Dallas' sudden and completely unpredictable change in direction just made the deal harder to fathom.

Mavericks general manager Nico Harrison only dealt with one team instead of opening up what would've been a sweepstakes and thanked Lakers general manager Rob Pelinka for keeping the deal quiet. Of course he kept the deal quiet! Had Dallas made it known that Luka was available, it almost certainly would've had offers from all 29 other teams for him.

Not extracting more than one draft pick from L.A. is borderline unfathomable.

Justifying the deal with the cliche "defense wins championships" completely ignores the fact that the Mavericks overperformed and made the Finals last year. Their defense ranked in the 82nd percentile with Luka on the floor this season.

Winning championships is exceptionally difficult in this era. The safe bet is that the Lakers won't get one, even after acquiring Dončić.

But at the very least, this deal has the potential to be the most infamous in league history. You don't want to be on the wrong side of that deal.

Winner: Los Angeles Lakers

LeBron James and Luka Dončić Adam Pantozzi/NBAE via Getty Images

A week ago, it felt like the Los Angeles Lakers would be in or around the West's play-in range for the foreseeable future. That's where they've consistently been for almost five years now.

With LeBron now aging into his 40s, it was hard to imagine a clear path to a higher tier.

But L.A. just traded for an untradeable talent. It somehow got to do so without any other team in the league knowing (and having a chance to beat the Lakers' offer).

And now, this organization suddenly has one of the brightest futures in the league, with a 25-year-old perennial MVP candidate who can carry an offense to respectable heights, regardless of supporting cast.

Luka is the kind of talent who traditionally leads to championships. Scan over the list of title winners throughout the history of the league, and you'll see almost exclusively teams with great offensive engines at the top of the roster.

Oh, and Dallas left L.A. enough assets and salary filler to complete a second trade this week. Luka and the Lakers needed a center after losing AD, and Dalton Knecht, Cam Reddish a first-round pick and a pick swap were enough to land Williams.

In sum, L.A. gave up Davis, Knecht, Reddish, Max Christie, its two remaining tradable first-round picks and a pick swap for a starting center and one of the best trade assets in league history. The Lakers still have Rui Hachimura and Austin Reaves.

This week wasn't just a win for the Lakers. It was one of the best deadline weeks any NBA team has ever had.

   

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