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Siegel’s Latest: MPJ, Warriors, Murphy, Giannis, Wolves, Magic

January 23, 2026 by Hoops Rumors

The Warriors had internal discussions about the possibility of pursuing Nets forward Michael Porter Jr. but received indications that the asking price would be higher than they’re comfortable with, according to Brett Siegel of ClutchPoints. The Lakers also aren’t expected to pursue Porter, Siegel writes, since they’re not looking to take on that sort of a big-money contract at this time (Porter is owed $40.8MM in 2026/27).

The Nets have conveyed to potential trade partners that they’re comfortable keeping Porter beyond this season, per Siegel, so if their asking price isn’t met, there’s a good chance he’ll remain in Brooklyn through the trade deadline.

While a Porter deal doesn’t seem likely, Siegel says the Warriors remain on the lookout for wings and have been linked to veterans like DeMar DeRozan of the Kings and old friend Andrew Wiggins, who was sent to the Heat in last season’s Jimmy Butler trade. It remains to be seen whether Miami will look to move Wiggins, but there’s still “a lot of mutual love” between the former No. 1 overall pick and the Warriors, who won a title together in 2022, Siegel notes.

Of course, the Warriors’ interest in Pelicans wing Trey Murphy III has been an open secret for months, and they’ve made him multiple calls about him this season, sources tell ClutchPoints.

Rivals believe New Orleans’ asking price for Murphy would be multiple first-round picks and a young player or two, says Siegel, but it’s unclear if the Pelicans would move him even if that price is met — they’ve reportedly told teams they don’t intend to. The Raptors are another team that has inquired on Murphy, Siegel reports.

Here are a few more highlights from Siegel’s latest league-wide rumor roundup:

  • Although Giannis Antetokounmpo has said on the record that he has no intention of ever asking the Bucks to trade him, many people around the NBA still believe it’s only a matter of time until the two sides split, Siegel writes. There’s a sense it could happen in the offseason, which is one reason why several clubs want to hang onto their top trade assets. “It really seems like he’s made up his mind already,” an Eastern Conference executive told ClutchPoints. “But this is Giannis we are talking about, and he’s very careful with the words he picks when talking to the media because he doesn’t want to be painted as the villain in Milwaukee. And if we are being honest, he shouldn’t be, no matter if he requests a trade or not. He may not have directly requested a trade, but everyone knows what’s going on there. It’s basically just who will break the silence and actually say it is time to move on. Giannis doesn’t want to be that guy, and that’s understandable.”
  • The Timberwolves are widely expected to address their backcourt in a deadline deal, with Magic guard Tyus Jones, Kings guard Malik Monk, and Hornets guard Collin Sexton among the players they’ve been connected to, per Siegel. Charlotte has conveyed that it would want at least one asset of value (ie. a draft pick or young player) in a Sexton deal, Siegel adds.
  • There’s a belief that the Magic are open to moving Jones, forward Jonathan Isaac, and/or center Goga Bitadze, according to Siegel, who suggests Orlando could acquire second-round capital and 2026/27 cap relief in a deal involving Bitadze. The Magic are operating about $5.6MM above the luxury tax line, so they could look to duck the tax altogether by trading one or more of those players, whose salaries range from $7MM (for Jones) to $15MM (for Isaac).

Filed Under: Timberwolves

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