Rasheed Wallace being traded to the Detroit Pistons at the trade deadline in 2004 may have been the greatest deadline deal of all time, as 'Sheed helped lead Detroit to an NBA championship.
Several contending teams are looking to boost their rosters for the playoff push and to compete with the Miami Heat, Chicago Bulls and Oklahoma City Thunder.
Here are five players who will surely be dealt by March 15.
Orlando's Dwight Howard has been thrown around in multiple trade scenarios to several teams around the league, but the All-Star center remains in Orlando—for now.
He has openly expressed his desire to be traded, and Los Angeles, New Jersey and Dallas are potential destinations.
Although Magic General Manager Otis Smith claims he's in no hurry to trade Howard, eventually a deal will be worked out and both sides will be happy.
In relation to Howard's trade possibilities, Lakers forward Pau Gasol would likely be shipped to Orlando if the two sides can work out a deal.
There have also been reports of Gasol going to Houston in exchange for Kyle Lowry and Luis Scola, as the Lakers are desperately seeking a point guard.
Adrian Wojnarowski reports that Celtics head Coach Doc Rivers and president Danny Ainge have realized this isn't their year to contend, and are willing to deal any one of the big three or Rajon Rondo if the right deal comes about. Ainge is looking to clear cap space and receive draft picks in exchange.
Paul Pierce has some years left on his contract, and Wojnarowski believes he's the most likely to be dealt for that reason.
I think trading Pierce would be an ill-advised move. He's second on Boston's all-time scoring list behind John Havlicek and has played for the Celtics for his entire career. "The Truth" is a fan favorite, and many fans would resent the move.
ESPN's Chris Broussard reported that the Lakers turned down a Timberwolves trade offer of Beasley for a first-round pick, but the two teams have been discussing the possibility of a trade for some time.
Beasley is talented and Minnesota is loaded with young talent, but the former Kansas State standout has a huge contract that not many teams want, including the Timberwolves.
Minnesota also has about a million forwards on the roster, and freeing up Beasley and his expiring contract worth $6.2 million.
The New Jersey Nets are a team with the money to get him, as they look to be aggressive in the trade market.
Warriors GM Larry Riley told NBA.com the organization is working day and night looking to make a move.
Ellis has been mentioned in a couple of three-team deals, so expect him to be shipped out of Oakland by the 15th.