The Milwaukee Bucks have acquired center Jericho Sims from the New York Knicks in exchange for guard Delon Wright and cash. Sims will add some center depth to the Bucks roster behind Brook Lopez. The 26-year-old had a limited role in New York, averaging 1.6 points and 3.3 rebounds in 10.8 minutes this season. The move to Milwaukee is unlikely to impact Sims' fantasy stock. Wright clearly wasn't part of the team's plans moving forward, featuring in just four games for the Bucks in 2025.

Rookie guard/forward Dalton Knecht will finish the season with the Charlotte Hornets, who acquired him in a trade with the Los Angeles Lakers. Veteran forward Cam Reddish also moves to Charlotte as part of the deal, while center Mark Williams heads to L.A. Knecht was the 17th pick of the 2024 NBA Draft by the Lakers and has shown glimpses of outstanding potential. However, with the Lakers in win-now mode and lacking frontcourt quality following the departure of Anthony Davis, Knecht has moved on. The 23-year-old has averaged 9.4 points and 3.1 rebounds for his rookie campaign. He could have a big finish to the season in Charlotte, with Brandon Miller (wrist) out for the rest of the year and LaMelo Ball (ankle) also on the shelf.

The Los Angeles Lakers have traded forward Cam Reddish to the Charlotte Hornets. The 25-year-old was included in a package that the Lakers put together to acquire center Mark Williams. Reddish had a limited role in the Lakers' rotation, making him expendable. He has averaged 3.3 points, 2.0 rebounds, and 1.0 steals in 18.1 minutes this season. The former top-10 pick may have a larger role on his new team, but it's unclear what Charlotte's plans are for him. Reddish is set to enter free agency after exercising a $2.5 million player option last summer.

The Los Angeles Lakers have acquired center Mark Williams from the Charlotte Hornets in exchange for guard/forward Dalton Knecht, forward Cam Reddish, a 2031 unprotected first-round pick, and a 2030 pick swap. After sending Anthony Davis to Dallas, the Lakers needed to add some frontcourt talent before the trade deadline, and Williams looks like a terrific pickup on paper. The 23-year-old is in the midst of a career year, averaging 15.6 points, 9.6 rebounds, and 1.2 blocks in 26.0 minutes. After a foot injury delayed his season debut until December, Williams has bagged eight double-doubles in 23 games. With savvy playmakers like Luka Doncic and LeBron James next to him, Williams appears poised for a productive spell in L.A.

The Toronto Raptors have traded guard/forward Bruce Brown to the New Orleans Pelicans. Brown, an NBA champion with the Denver Nuggets in 2023, was shipped out alongside Kelly Olynyk and a couple of draft picks for former All-Star Brandon Ingram. Toronto picked up Brown only 13 months ago from the Indiana Pacers. He ended up playing just 52 games for the team, missing the first couple of months in 2024-25 with a knee injury. Brown has averaged 8.4 points, 3.8 rebounds, and 1.6 assists in the current campaign. A move to New Orleans might boost his numbers, as the Pelicans have battled injuries throughout the season. Brown is on a $23 million expiring contract.

Veteran forward/center Kelly Olynyk has been traded to the New Orleans Pelicans. The Toronto Raptors made a big move for Brandon Ingram, and Olynyk was part of the package they sent out, alongside Bruce Brown, a first-round draft pick, and a second-round draft pick. This marks the second consecutive campaign in which Olynyk has been traded midseason. The Raptors acquired him from the Utah Jazz last February. The 33-year-old enjoyed a good finish to 2023-24 but has only filled a backup role this season, averaging 7.1 points, 3.7 rebounds, and 2.3 assists in 16.0 minutes. Olynyk is set to remain a backup in New Orleans behind rookie Yves Missi.

The Toronto Raptors have acquired forward Brandon Ingram (ankle) in a trade with the New Orleans Pelicans. In return, the Pelicans received guard/forward Bruce Brown, forward/center Kelly Olynyk, one first-round pick, and one second-round selection. Ingram is a pending unrestricted free agent and hasn't seen the court since Dec. 7 due to an ankle injury. He played six seasons in New Orleans, becoming an All-Star in 2020. However, health issues have often held Ingram back, and it remains to be seen how big of an impact he can make on a Raptors team that already includes plenty of scoring talent.

Jazz's G Jordan Clarkson scored 31 points on 10-of-19 shooting in a 131-128 win over the Warriors on Wednesday, Feb. 5. Clarkson is owned in only 20.3% leagues.

Oklahoma City's G Shai Gilgeous-Alexander scored 50 points on 18-of-29 shooting in a 140-109 win over the Suns on Wednesday, Feb. 5.

Timberwolves' G Anthony Edwards scored 49 points on 13-of-28 shooting in a 127-108 win over the Bulls on Wednesday, Feb. 5.

Wizards' F Bilal Coulibaly recorded a triple-double, finishing with 11 points, 11 assists and 10 rebounds in a 119-102 win over Brooklyn on Wednesday, Feb. 5.

Orlando Magic guard Jalen Suggs (quadriceps) won't play on Wednesday versus Sacramento. The 23-year-old missed 10 games because of a back injury before returning for the January 25 matchup with the Pistons. Unfortunately, he sustained a quad contusion and will now miss his fifth-straight game on Wednesday night. As a result, Cole Anthony, coming off a 26-point effort, should continue to benefit from Suggs' absence.

The Utah Jazz have acquired guard Dennis Schroder in a five-team trade on Wednesday. It looked like Schroder was going to end up with the Miami Heat, but instead he'll go to Utah. Schroder has moved around quite a bit this season, but this is a less than ideal landing spot for him. The Jazz are in the middle of a rebuild and really have no need for Schroder. Possibly, Schroder will get decent playing time right now with Collin Sexton (ankle) being sidelined. However, Schroder will probably get lost in the mix once Sexton is back. Fantasy managers who have Schroder rostered shouldn't get their hopes up.

According to ESPN's Shams Charania, the Warriors are trading forward Andrew Wiggins to the Heat in a multi-team deal that will also send Jimmy Butler to Golden State. The 2014 No. 1 overall pick had a rough season in 2023-24. However, he's turned things around this season, averaging 17.6 points, 4.6 rebounds, and 2.4 assists. It's unknown how head coach Erik Spoelstra will use Wiggins. But even if he doesn't start, he will likely take minutes away from Jaime Jaquez Jr., Haywood Highsmith, and Nikola Jovic. With that in mind, Wiggins might see a dip in production, especially with Bam Adebayo and Tyler Herro in the equation.

Chicago Bulls guard Lonzo Ball has signed a new deal with the organization on Wednesday. Ball has agreed on a two-year, $20 million extension with the team. It seemed increasingly likely that Ball was going to be moved ahead of the trade deadline. However, the Bulls have decided to keep the 27-year-old guard who has played very well this season. Ball has been sidelined throughout a majority of his time in Chicago, but is now finally able to contribute on the court. He'll likely see an increased role in the rotation with Zach LaVine being traded to the Sacramento Kings.

According to ESPN's Shams Charania, the Wizards are trading center Jonas Valanciunas to the Kings in exchange for guard Sidy Cissoko and two second-round picks. Sacramento recently moved De'Aaron Fox to San Antonio and acquired guard Zach LaVine. However, the Kings will add a quality big man to bolster their depth chart. Valanciunas has averaged 13.3 points, 9.4 rebounds, and 1.2 assists throughout his career. While he's not as efficient on the defensive end, he provides double-double upside and can help take some pressure off Domantas Sabonis. Valanciunas isn't a lock to see consistent minutes with his new team. Still, fantasy managers should monitor him moving forward, especially if he gets some starts at the five moving ahead.

New Orleans Pelicans guard Jose Alvarado (illness) has been ruled out ahead of Wednesday's game against the Denver Nuggets. The Pelicans have been leaning more on Alvarado with Dejounte Murray (Achilles) done for the season. His absence means that the Pelicans will likely need to use a committee approach at the guard spot. Jordan Hawkins, Javonte Green, and Antonio Reeves should all see increased roles. None of them have great streaming appeal, but Hawkins is probably the best choice of the three.

Golden State Warriors forward Draymond Green (calf) is available ahead of Wednesday's game against the Utah Jazz. As expected, Green is cleared to play after being listed as probable coming into this contest. Green missed seven games in a row due to a calf injury before being cleared to play on Monday. He wasn't limited on Monday, so Green should have his full workload on Wednesday. Possibly, Green plays more than normal considering the Warriors just finalized a five-team trade that will shorthand them for this game.

Denver Nuggets forward Aaron Gordon (calf) is available ahead of Wednesday's game against the New Orleans Pelicans. Gordon sat out of Monday's game due to a calf issue, but appears to be feeling good enough to play now. Zeke Nnaji saw an increased role with Gordon sidelined, but figures to go back to the bench now. Fantasy managers should expect Gordon to have his normal workload on Wednesday following a one-game absence. Both Nnaji and Gordon could possibly see a few more minutes with Peyton Watson (knee) still sidelined.

Miami Heat forward Jimmy Butler has been traded to the Golden State Warriors on Wednesday. It seemed that Butler had burned his bridge to Golden State a few days ago, but that doesn't appear to be the case. Butler will head over to the Warriors in exchange for Andrew Wiggins, Dennis Schroder, Kyle Anderson, and a first-round pick. The Warriors are attempting to go all-in here by adding a superstar in the hopes of possibly getting one more ring before maybe heading into a rebuild. Butler has talked his way off multiple teams, but he is a legitimate difference maker when he's on the court. He hasn't played since late January due to a suspension, but Butler is a top-50 contributor when he's available.