Thursday's NBA trade deadline is fast approaching, and rumors are flying like mad.
But before we take a look at the latest reports on which teams are making moves and which teams are holding firm, first an update on all that's happened so far.
Along with the two big trades that have dominated the NBA world (DeMarcus Cousins to the Pelicans; Serge Ibaka to the Raptors), we've also seen the Lakers and Rockets cut an interesting deal.
On Tuesday night, just hours after Magic Johnson was named the new President of Basketball Operations for the Lakers, the Lakers dealt Lou Williams to Houston for Corey Brewer and an unprotected first-round pick. That's notable — Williams had been linked to the Wizards, and though his defense leaves much to be desired he will still be a key offensive playmaker off the bench for the Rockets come the playoffs. The Lakers, meanwhile, have to feel good about snagging a first-round pick for Williams. As they continue their rebuilding effort, draft picks are key.
Now, to the rumors:
Celtics and Bulls locked in a stalemate over Jimmy Butler
Reports earlier in the week said that the Celtics were also interested in going after Paul George, but now all indications suggest they only have eyes for Butler. The question is whether the C's can muster up a package that satisfies the Bulls. They are, after all, giving up their best player.
David Aldridge reported that the most important name here is Jae Crowder. Crowder is a key defender for the Celtics, and one of the few players in the league that can reasonably guard LeBron James. The Bulls, however, reportedly feel Crowder must be included — the logic, according to Aldridge, being that the Bulls can't simply trade their best player for picks alone.
Adrian Wojnarowski's reporting more or less confirms this, but with a different spin. Woj reports that the Bulls must be blown away by any offer from the Celtics, who are also wary of trading their rookie Jaylen Brown. Brown, the Celtics believe, has "star potential."
As it stands right now, it sounds hard to imagine the Celtics will land Butler without giving up either Brown or Crowder.
Jimmy Butler through his career
Jimmy Butler through his career
CHICAGO, IL - JANUARY 27: Jimmy Butler #21 of the Chicago Bulls shoots a free throw against the Miami Heat on January 27, 2017 at the United Center in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2017 NBAE (Photo by Gary Dineen/NBAE via Getty Images)
NEW YORK, NY - MARCH 12: Jimmy Butler #33 of the Marquette Golden Eagles takes a foul shot during a quarterfinal Big East Conferance Tournament college basketball game against the Villanova Wildcats at Madison Square Garden on March 12, 2009 in New York, New York. (Photo by Mitchell Layton/Getty Images)
Marquette University's Jimmy Butler reaches out for a loose ball during the first half of their second round NCAA basketball game against Xavier University in Cleveland, March 18, 2011. REUTERS/Aaron Josefczyk (UNITED STATES - Tags: SPORT BASKETBALL)
DEERFIELD, IL - DECEMBER 11: Jimmy Butler #21 of the Chicago Bulls poses for a portrait during 2011 NBA Media Day on December 11, 2011 at the Berto Center in Deerfield, IL. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2011 NBAE (Photo by Gary Dineen/NBAE via Getty Images)
Dallas Mavericks shooting guard O.J. Mayo (32) fouls Chicago Bulls small forward Jimmy Butler (21) during the second half of their NBA basketball game in Chicago, Illinois, November 28, 2012. REUTERS/Jeff Haynes (UNITED STATES - Tags: SPORT BASKETBALL)
Chicago Bulls' Jimmy Butler (top) falls over Boston Celtics' Rajon Rondo as they compete for the ball in the second half of their NBA basketball game at TD Garden in Boston, Massachusetts January 18, 2013. REUTERS/Jessica Rinaldi (UNITED STATES - Tags: SPORT BASKETBALL TPX IMAGES OF THE DAY)
Miami Heat small forward LeBron James (6) is guarded by Chicago Bulls small forward Jimmy Butler (21) in the second half during Game 1 of their NBA Eastern Conference semi-final basketball playoff in Miami, Florida May 6, 2013. REUTERS/Joe Skipper (UNITED STATES - Tags: SPORT BASKETBALL)
Dec 19, 2013; Oklahoma City, OK, USA; Chicago Bulls shooting guard Jimmy Butler (21) shoots the ball while defended by Oklahoma City Thunder shooting guard Jeremy Lamb (11) during the second quarter at Chesapeake Energy Arena. Mandatory Credit: Mark D. Smith-USA TODAY Sports
Nov 30, 2014; Brooklyn, NY, USA; Chicago Bulls shooting guard Jimmy Butler (21) shoots the ball past Brooklyn Nets small forward Joe Johnson (7) during the second quarter at Barclays Center. Mandatory Credit: Brad Penner-USA TODAY Sports
Jan 12, 2016; Milwaukee, WI, USA; Chicago Bulls guard Jimmy Butler (21) takes a shot against Milwaukee Bucks forward John Henson (31) in the third quarter at BMO Harris Bradley Center. Mandatory Credit: Benny Sieu-USA TODAY Sports
Feb 12, 2016; Toronto, Ontario, Canada; Eastern Conference guard Jimmy Butler of the Chicago Bulls (21) is interviewed during media day for the 2016 NBA All Star Game at Sheraton Centre. Mandatory Credit: Peter Llewellyn-USA TODAY Sports
May 17, 2016; New York, NY, USA; Chicago Bulls guard Jimmy Butler represents his team during the NBA draft lottery at New York Hilton Midtown. The Philadelphia 76ers received the first overall pick in the 2016 draft. Mandatory Credit: Brad Penner-USA TODAY Sports
2016 Rio Olympics - Basketball - Preliminary - Men's Preliminary Round Group A USA v Serbia - Carioca Arena 1 - Rio de Janeiro, Brazil - 12/08/2016. Jimmy Butler (USA) of the USA before the game. REUTERS/Marko Djurica FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.
2016 Rio Olympics - Basketball - Final - Men's Victory Ceremony - Carioca Arena 1 - Rio de Janeiro, Brazil - 21/8/2016. Harrison Barnes (USA) of the USA takes a selfie with Jimmy Butler (USA) of the USA, Kevin Durant (USA) of the USA and Draymond Green (USA) of the USA. REUTERS/Dylan Martinez FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.
Nov 7, 2016; Chicago, IL, USA; Chicago Bulls guard Jimmy Butler (21) and guard Rajon Rondo (9) celebrate during the second half of the game against the Orlando Magic at United Center. Mandatory Credit: Caylor Arnold-USA TODAY Sports
Dec 6, 2016; Auburn Hills, MI, USA; Chicago Bulls forward Jimmy Butler (21) dunks the ball on a pass from guard Dwyane Wade (not pictured) against the Detroit Pistons in the first half at The Palace of Auburn Hills. Mandatory Credit: Aaron Doster-USA TODAY Sports
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Wizards have "significant interest" in Bojan Bogdanovic
The Wizards missed on Lou Williams, which means they are setting their sights on Brooklyn sharpshooter Bojan Bogdanovic. That said, Woj reports that Washington is hesitant to give up a first-rounder for a player that is likely to leave over the summer, and Bogdanovic does become a restricted free agent this summer. (Woj also notes that the Kings are interested in Bogdanovic.)
Pistons shopping ... everyone?
Stan Van Gundy said last month that nobody in Detroit is truly safe, and reports over the past few days have said both Andre Drummond and Kentavious Caldwell-Pope are being tentatively shopped. There's a difference between being available and actually getting traded, of course, and ESPN's Marc Stein told Zach Lowe on Tuesday that no major action is likely to take place.
That said, Detroit reportedly inquired about trading Drummond for Boogie Cousins, but Sacramento didn't bite. With regards to Caldwell-Pope, Detroit (per Wojnarowski) is uncertain about giving him a max contract this summer, despite the fact that they are high on him. As such, they may be fielding calls to get a sense of KCP's market value ahead of the summer.
Brook Lopez is the obvious choice to leave town, as he's their top scorer and someone Brooklyn might actually be able to deal for a first-round pick. That said, Woj reports that the trade market is oversaturated with big men, meaning the Nets are finding the market for Lopez to be "really limited."
Pacers showing interest in Jahlil Okafor
Ramona Shelburne of ESPN reported on Tuesday that the Pacers have expressed some interest in Philadelphia 76ers' big man Jahlil Okafor, but for now that's all we know. Okafor has remained in limbo in Philly, clearly behind Joel Embiid and Nerlens Noel on the team's depth chart, but not at all a bad player in his own right. Okafor is, after all, only 21. He could certainly enjoy more success in a different situation.
The Bulls have also shown interest in Okafor, according to Woj, though there appears to be some disagreement on his value. The Sixers value him as the former third pick in the draft (which he was), and would like to be compensated accordingly. The rest of the league already seems less high on the former Duke star.
Thunder, Hawks, and Rockets still looking for help
The Vertical's Chris Mannix (and Woj) report that Houston wants someone for the frontcourt, and OKC wants a wing. Atlanta, meanwhile, is trying to add pieces to help Paul Millsap, who can opt out this summer.
Minnesota in talks with the Knicks to trade Ricky Rubio for Derrick Rose
According to ESPN's Ian Begley, the Timberwolves have inquired about a potential Rubio-for-Rose deal. Rose, of course, played the bulk of his career with Wolves coach Tom Thibodeau in Chicago, where he won MVP. Rose is also on an expiring contract, while Rubio is on the books for the next three seasons. Getting rid of Rubio — which the Wolves are reportedly keen on doing — would help clear up some salary-cap space for Minnesota.
The Knicks, meanwhile, are taking calls about Rose, who wants a max contract this summer, according to ESPN. If the Knicks believe he won't re-sign next season — or if they decide they don't want him — it would be in their best interest to trade him for something before he leaves and they get nothing.
LOUISVILLE, KY - MARCH 28: Derrick Rose #25 of the West Team looks on against the East Team during the Boy's McDonald's All American High School Basketball Game on March 28, 2007 at Freedom Hall in Louisville, Kentucky. The West Team won 114-112. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2007 NBAE (Photo by Joe Murphy/NBAE via Getty Images)
LOUISVILLE, KY - MARCH 26: Derrick Rose shows off his Topps trading card during the McDonald's All-American Topps trading card signing session on March 26, 2007 at the Louisville Marriott in Louisville, Kentucky. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2007 NBAE (Photo by Joe Murphy/NBAE via Getty Images)
Memphis' Derrick Rose (C) competes against Texas-Arlington's Tommy Moffitt (L-R), Trey Parker and Rog'er Guignard during the first half of their first round NCAA men's basketball tournament game in Little Rock, Arkansas March 21, 2008. REUTERS/Jessica Rinaldi (UNITED STATES)
Derrick Rose, from the University of Memphis, answers questions during the 2008 NBA Draft media availability session in New York, June 25, 2008. REUTERS/Shannon Stapleton (UNITED STATES)
Chicago Bull's Derrick Rose holds up his trophy after winning the Skills Competition at the NBA All-Star basketball weekend in Phoenix, Arizona, February 14, 2009. REUTERS/Jessica Rinaldi (UNITED STATES)
Chicago Bulls Derrick Rose squats down at midcourt during the last seconds of fourth quarter of Game 5 of their NBA Eastern Conference playoff series against the Cleveland Cavaliers in Cleveland, April 27, 2010.REUTERS/Aaron Josefczyk (UNITED STATES - Tags: SPORT BASKETBALL)
U.S. Rudy Gay (L), Derrick Rose (C) and Andre Iguodala (R) celebrate as team mate Kevin Durant scores against Lithuania during their FIBA Basketball World Championship semi-final game in Istanbul, September 11, 2010. REUTERS/Jeff Haynes (TURKEY - Tags: SPORT BASKETBALL)
Chicago Bulls guard Derrick Rose looks for a shot against Toronto Raptors defender Jerryd Bayless (R) during the first half of their NBA basketball game in Toronto December 15, 2010. REUTERS/Mike Cassese (CANADA - Tags: SPORT BASKETBALL)
Chicago Bulls guard Derrick Rose watches play from the floor after falling against the Indiana Pacers in the third quarter during game 4 of their NBA Eastern Conference first round playoff basketball game in Indianapolis April 23, 2011. REUTERS/Brent Smith (UNITED STATES - Tags: SPORT BASKETBALL)
The Chicago Bulls' Kurt Thomas (L) and teammate Derrick Rose celebrate defeating the Indiana Pacers during Game 5 of their NBA Eastern Conference first round playoff basketball game in Chicago, April 26, 2011. REUTERS/John Gress (UNITED STATES - Tags: SPORT BASKETBALL)
Miami Heat's LeBron James (L) hugs Chicago Bulls' Derrick Rose after the Heat defeated the Bulls in Game 5 of their NBA Eastern Conference Finals playoff basketball series in Chicago, May 26, 2011. REUTERS/John Gress (UNITED STATES - Tags: SPORT BASKETBALL)
Chicago Bulls guard Derrick Rose speaks at a news conference at the Berto Center December 21, 2011. Rose has agreed to a five-year 94.8 million contract extension with the Chicago Bulls. REUTERS/Kamil Krzaczynski (UNITED STATES - Tags: SPORT BASKETBALL)
Chicago Bulls' Derrick Rose (R) tosses the ball in front of Los Angeles Clippers' Chris Paul (L) after the Bulls turned the ball over during the first half of an NBA basketball game in Los Angeles December 30, 2011. REUTERS/Danny Moloshok (UNITED STATES - Tags: SPORT BASKETBALL)
Chicago Bulls point guard Derrick Rose reacts against the New York Knicks in the fourth quarter of their NBA basketball game at Madison Square Garden in New York, April 8, 2012. REUTERS/Adam Hunger (UNITED STATES - Tags: SPORT BASKETBALL)
Derrick Rose unveils the adidas D Rose 3, his new signature shoe in Chicago, September 13, 2012. REUTERS/BRIAN KERSEY/Adidas/Handout (UNITED STATES - Tags: SPORT BASKETBALL) THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS
Aug 1, 2014; Las Vegas, NV, USA; USA Team Blue guard Derrick Rose (41) shoots the ball during the USA Basketball Showcase at Thomas & Mack Center. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports
NBA Chicago Bulls' basketball player Derrick Rose (front R) poses for a selfie with Chinese fans during a fans meeting event in Guangzhou, Guangdong province, China, August 21, 2015. REUTERS/Stringer CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA
Oct 25, 2016; Cleveland, OH, USA; New York Knicks guard Derrick Rose (25) looks to pass in the second half against the Cleveland Cavaliers at Quicken Loans Arena. Cleveland won 117-88. Mandatory Credit: Rick Osentoski-USA TODAY Sports
MILWAUKEE, WI - JANUARY 06: Derrick Rose #25 of the New York Knicks walks onto the court prior to a game against the Milwaukee Bucks at BMO Harris Bradley Center on January 6, 2017 in Milwaukee, Wisconsin. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Stacy Revere/Getty Images)