NBA trade grades 2025-26 - Breaking down the most impactful offseason deals - ESPN

The NBA offseason is still at least two Finals games away, but the trade season is already upon us.

On Sunday, the Memphis Grizzlies agreed to trade guard Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four first-round picks and a future pick swap.

The deal kicked off a trade window that ESPN's Brian Windhorst said could «happen faster than normal» this summer. Phoenix forward Kevin Durant has been the source of several trade rumors through the late regular season and playoffs and could be the next big name on the move.

While we wait for more trades to hit, catch up on the latest trade grades from ESPN's Kevin Pelton.

Orlando Magic get:

G Desmond Bane

Memphis Grizzlies get:

G Kentavious Caldwell-Pope
G Cole Anthony
2025 first-round pick
2026 first-round pick (swap rights from Phoenix or Washington)
2028 first-round pick
2029 first-round pick swap
2030 first-round pick

Orlando: C+

In many ways, this unexpected beginning to the NBA trade season is the spiritual descendent of the New York Knicks giving up five first-round picks and a swap for Mikal Bridges on the eve of last year's draft. As in that case, it's a massive amount of pick value to give up for a player who has never been an All-Star and might never get there.

In that context, this trade makes the Bridges swap a fascinating Rorschach test. From the outside perspective, I'd view it as an overpay a year later. Bridges shook off a perplexing early shooting slump to provide the secondary offensive contributions the Knicks expected but wasn't a defensive difference-maker.

New York's uncertainty about whether the core they'd built with the subsequent Karl-Anthony Towns trade is good enough to win the title undoubtedly played into the