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Examining Hottest Lakers Trade Rumors Surrounding Los Angeles

Zach BuckleyFeb 4, 2026

The NBA trade market is moving at ludicrous speed as teams race toward Thursday's 3 p.m. ET finish line.

So, when are the Los Angeles Lakers going to get involved?

It's possible they just don't. Their trade asset collection is limited, and drawing from it now could torpedo any big-picture plans on the round. Then again, there are enough rumor-mill rumblings to think something could surface in Hollywood between now and tomorrow's buzzer.

Let's dissect the latest discussions in Laker Land.

Lakers a Possible Landing Spot for Giannis?

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Denver Nuggets v Milwaukee Bucks

You know the Giannis Antetokounmpo sweepstakes everyone keeps talking about? Well, turns out the Lakers might be talking about it, too.

While they don't have nearly enough assets to do a Giannis deal before the deadline, they could become a viable suitor if he remains with the Milwaukee Bucks until the offseason.

In fact, The Stein Line's Marc Stein called the Lakers "a very viable threat" for Antetokounmpo if he isn't traded before the summer. "The hope for the purple-and-gold would then be to use their considerable projected salary cap space to be able to take in a contract like Antetokounmpo's via trade—or another expensive star if one shakes loose post-playoffs — to pair with backcourt cornerstones Luka Dončić and Austin Reaves," Stein wrote.

A Giannis-Luka pairing sounds fascinating, and if Reaves sticks around to be a part of that Big Three, the Lakers might have just found a realistic path to their next title run. Because L.A. is short on assets, though, this possibility could force the club to retain all of what it has, in case those trade chips are needed to land the two-time MVP over the offseason.

L.A. Sort of—But Not Really—Willing to Part With a First-Round Pick?

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Los Angeles Lakers Media Availability

For this trade season, the Lakers are only able to send out one future first-round pick (2031 or 2032). Fans shouldn't hold their breath about that happening.

While some executives think the Lakers "remain willing" to give up that pick "for the right wing," per The Atheltic's Dan Woike, it doesn't sound like that kind of deal will come together.

As Woike noted, "that player doesn't appear to be available, at least at that price point." Woike went on to mention how the Lakers were rebuffed on previous pitches for New Orleans Pelicans swingman Herbert Jones and heard the asking price for Trey Murphy III "was even higher."

With the Lakers looking a lot more like a good team than a great one, the last thing they can afford to do is give up valuable resources just for the sake of making a move. If the kind of difference-making help they need is even available, it'll surely come with a price tag they can't afford.

Dalton Knecht Ready to Change Locker Rooms?

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Houston Rockets v Sacramento Kings

Drafted 17th overall in 2024, Dalton Knecht went on to have a pretty forgettable first season in L.A. Unfortunately, he seems to have taken a significant step backward this season, leading many—apparently including him—to wonder how much time he has left in Hollywood.

If he had a market, he'd probably be gone by now. Remember, he was part of L.A's trade for Mark Williams at last season's trade deadline, only to return when the Lakers rescinded the deal after Williams failed a physical.

Knecht, Woike reported, "hasn't requested a trade, but he would welcome a fresh start." The Lakers would almost assuredly give him one if they could sniff out a suitor. But a soon-to-be 25-year-old with an offense-forward skill set and forgettable offensive stats (4.6 points on 44.1/31.3/72.2 shooting this season) isn't exactly capable of sparking a bidding war.

If L.A. attempts a marginal upgrade, though, look for Knecht to be involved. Brooklyn Nets backup bigman Day'Ron Sharpe has fans "inside the Lakers locker room," per Woike, and he might be the kind of niche, role-playing target who could be had for a Knecht-focused trade package.

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