In the National Basketball Association (NBA), a trade is a transaction that involves the movement of players from one basketball club to another. While players are the primary trade assets, draft picks and/or cash considerations can also be included, or be the basis for the trade to take place. The trade could involve either the swapping of players along with draft picks and/or cash considerations, or only draft picks (protected or otherwise).
NBA trade rules
For a trade to be made, the size of the exchanged contracts have to be within 15 percent of each other plus 100k. A player can immediately be traded on to another team, but if the new team wishes to package the player with another, they have to wait 60 days to formulate and execute such a trade.
NBA trade deadline
Following a directive from the Collective Bargaining Agreement of 2017, the NBA trade deadline for any particular season will be exactly 10 days before the All-Star Game, thereby ensuring that the date would be a Thursday. Based on the same rules, the NBA trade deadline for the 2019-20 season would fall on 6 February 2020 with the cutoff time being 3 PM ET.
NBA sign and trade
The NBA allows teams to sign-and-trade a player, i.e, trade the player after signing him to a contract within the stipulated rules of the Collective Bargaining Agreement (CBA). There is no limit to how many players may be traded in exchange for one - it is only limited by the size of the team’s roster (teams are allowed to have 15 players on their active roster on full contracts and 1 player on a two-way contract between the NBA and the G-League). Chris Paul, for example, was the subject of an 8-players-for-one deal, while in 2007, Kevin Garnett was traded by the Minnesota Timberwolves to the Boston Celtics in exchange for 7 players.
While several interesting sign-and-trades took place, the most interesting one of the lot saw Kevin Durant join the Brooklyn Nets in a move that also featured D'Angelo Russell moving the other way. Another impactful sign-and-trade saw Kemba Walker join the Boston Celtics from the Charlotte Hornets with Terry Rozier going the other direction.
NBA trade news
While several trades took place at the back of several NBA trade rumors during the 2019 offseason, the two most important ones saw marquee players being acquired by both the LA franchises. Anthony Davis moved to the Los Angeles Lakers from the New Orleans Pelicans in a move where the Lakers had to give up Lonzo Ball, Brandon Ingram, Josh Hart, and three first round draft picks (including the 4th overall pick for the 2019 NBA Draft).
In a move that NBA trade rumors barely caught up on, Paul George moved from OKC Thunder to Los Angeles Clippers to join forces with NBA Finals 2019 MVP Kawhi Leonard. The Thunder received Danilo Gallinari, Shai Gilgeous-Alexander, 5 first round draft picks and 2 pick swaps.
Knowing that they were in no position to compete for the playoffs, the Thunder then traded Russell Westbrook to Houston Rockets in a move that reunited him with former teammate James Harden. OKC received Chris Paul, 2 first round draft picks, and two pick swaps in return.