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Trade Rumors: Mathurin, Murray, Olynyk, Blazers, Nuggets

January 29, 2026 by Hoops Rumors

Chatter around the NBA suggests the Pacers are engaged in trade talks with multiple teams about fourth-year wing Bennedict Mathurin and appear likely to move him before next Thursday’s deadline, according to Brett Siegel of ClutchPoints.

Reporting earlier in the month indicated that the Pacers had spoken to the Pelicans about a possible Mathurin deal, but it sounds like New Orleans isn’t the only team with the former lottery pick on its radar. While a right thumb sprain and turf toe have limited Mathurin to 25 appearances this season, he returned to action on Monday and is averaging 17.7 points in 31.8 minutes per game in the final year of his rookie contract.

If Mathurin remains with the Pacers through the deadline, he’ll be a sign-and-trade candidate this offseason, since Indiana – which already has over $177MM in guaranteed money on its books for next season – isn’t looking to give the 23-year-old a lucrative long-term contract in restricted free agency, Siegel writes.

Here are a few more trade rumors from across the league:

  • There’s a sense that Pelicans guard Dejounte Murray and his representatives at Klutch Sports wouldn’t mind a change of scenery, says Siegel. New Orleans’ new front office brought in guards Jordan Poole and Jeremiah Fears last offseason, creating a more crowded backcourt. However, given that Murray continues to recover from an Achilles tear and has yet to make his season debut, it likely won’t be easy to move his three-year, $94MM contract at this point.
  • In addition to Jeremy Sochan, big man Kelly Olynyk is also considered a Spurs trade candidate, per Siegel. Packaging those two players together would give San Antonio roughly $20.5MM in expiring salary for matching purposes, which could be useful on the trade market.
  • Although Jerami Grant and Jrue Holiday are thought to be available, the Trail Blazers don’t consider themselves sellers and would likely only be open to moving Holiday if they can do so in a deal that “immediately improves their outlook,” Siegel writes.
  • The Nuggets are widely expected to make a small trade to duck below the tax line, which they’re currently above by about $400K, says Jake Fischer of The Stein Line (Substack link). Denver is confident that can be done without giving up a rotation player, though teams around the NBA are curious about the Nuggets’ plans for Peyton Watson, who may be difficult to retain in restricted free agency this summer. Teams projected to have cap room, including the Lakers, are preparing for the possibility of making a run at Watson in July, sources tell Fischer.
  • Front offices around the NBA are expecting several trades completed in the next eight days to require three or four teams, Fischer writes. The Nets, Hornets, and Jazz have made it clear to rival clubs that they’re willing to get involved in multi-team scenarios to take on salary and help grease the wheels on potential deals, sources tell The Stein Line.

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