The Memphis Grizzlies are expected to evaluate trade opportunities for the No. 9 overall pick, sources tell Zach Lowe of ESPN.

The Grizzlies are treating their 23-24 season as a gap of year of sorts as Ja Morant began the season suspended and then suffered a season-ending injury. The Grizzlies could look to turn the lottery pick into a veteran contributor.

Memphis, however, isn't determined to trading the pick and instead "will look at everything."

With the 2024 NBA draft considered one of the weaker ones in recent memory, the trade packages for No. 9 could be limited. 

The San Antonio Spurs are expected to pursue a point guard this offseason to add alongside Victor Wembanyama, with one potential target believed to be Trae Young. Wembanyama is believed to at least be "intrigued" by the possibility of the Spurs trading for Young.

"I will say I've talked to people who know Wemby who have indicated he is at least intrigued by that idea," said Tim MacMahon on The Hoop Collective podcast. "Now, intrigued by that idea and pounding the table are two very different things. I have no idea whether Gregg Popovich would be intrigued by the idea."

"He's not classically a Popovich player, Trae Young," said Brian Windhorst.

The theory of the Spurs trading for Young is that he would vastly improve their offense, while Wembanyama is a special enough defensive player to help reduce Young's defensive limitations. 

San Antonio is in a unique situation to trade for Young as they own two lottery picks in this year's draft and also control Atlanta's draft for the next three years. 

The Atlanta Hawks are considered more likely to trade Trae Young than Dejounte Murray this offseason. The Hawks shopped Murray at this season's trade deadline, but decided not to make a deal involving him.

"The Atlanta Hawks are candidates to make a trade this offseason," said Brian Windhorst. "With likely Trae Young. I won't rule out Dejounte Murray, but I think they're keeping Dejounte Murray."

Young is believed to have more trade value across the league than Murray and is also on a far more expensive contract as the Hawks look to decrease salary. 

The Hawks won the lottery on Sunday, which allows them to reset their roster but also automatically increases their salary obligations. 

The Houston Rockets had some luck in the 2024 NBA Draft Lottery. The Rockets, who got their pick from the Brooklyn Nets in the James Harden trade in 2021, moved from the ninth overall pick to the third overall pick in the 2024 NBA Draft.

Now, Houston GM Rafael Stone is expected to shop the third pick in trade talks to bring in a veteran player. The Rockets signed several veteran free agents in the 2023 offseason. Those players helped Houston improve from 22 wins in 2022-23 to 41 wins in 2023-24.

In addition to adding the vets, the Rockets still have a good young core. That has Houston looking at options for more win-now help, as opposed to adding another young player to the core of Alperen Sengun, Jalen Green, Jabari Smith II, Amen Thompson and Tari Eason.

The Atlanta Hawks won the 2024 NBA Draft Lottery, moving from the tenth overall pick up to the first overall pick. That gives the Hawks and GM Landry Fields a lot of options moving forward.

One of those options is pursuing trades for Trae Young. Atlanta had been involved in trade talks involving Dejounte Murray leading up to the trade deadline but may now turn to trading Young instead.

Young is owed nearly $138 million over the next three seasons. The Hawks could net a hefty return in a trade for Young, while significantly clearing up their cap sheet moving forward. They could then build around the first overall pick, Murray and other young talent on the roster.

Brandon Ingram is the player "most likely" to be traded by the New Orleans Pelicans, according Michael Scotto of the HoopsHype Podcast.

Ingram is entering into the final season of his $36 million contract.

Ingram reportedly had a "minor exchange" with head coach Willie Green during Game 2 of the team's first-round series against the Thunder.

Ingram has also been linked with a possible deal to the Sixers.

The future of Jimmy Butler with the Miami Heat has come into question after he missed their first round series against the Boston Celtics and is eligible in July for a contract extension worth up to $112.9 million over two seasons. Pat Riley was publicly non-committal on the possibility of an extension for Butler when he addressed the media this week.

"He has clearly wanted to be in Miami," said Shams Charania. "He has seen that as a perfect marriage of sorts."

The Heat tried to trade for Damian Lillard last offseason to improve their roster around Butler and Bam Adebayo. There are questions of whether the Heat roster is good enough to continue competing at a championship level as Butler ages. 

"It is interesting the back and forth that we're seeing, but I think Jimmy Butler has always made it clear he wants to be in Miami long-term, it's going to be about will they be able to pay him what he wants," said Charania.

The Phoenix Suns' disappointing first round performance against the Minnesota Timberwolves has led to some speculation that they may have to break up their superstar duo of Kevin Durant and Devin Booker in order to field a more balanced roster.

"Do people in the league say that?" said Brian Windhorst on The Rich Eisen Show. "Yes, they do. I talk to multiple people who think that's what they're going to have to do that. Do the Suns say that? No, they do not.

"I think the Suns' intention is to keep all three of these star players. Tweak the roster, tweak some of their systems and processes and try to be better next year."

Windhorst also stressed how Durant spoke about how the Suns could benefit from continuity. 

The Suns have also yet to publicly decide the future of Frank Vogel as head coach.

Jimmy Butler reportedly wants an extension from the Miami Heat this offseason. Butler has two years remaining on his current deal, including a player option for 2025-26. It's unknown where the Heat stand on adding even more guaranteed money to their payroll moving forward. Butler will turn 35 years old ahead of next season and missed the Heat's first-round series loss to the Boston Celtics due to a knee injury.

If the Heat balk at extending Butler, rival teams believe the Philadelphia 76ers could attempt to swing a trade for the veteran wing. The Sixers project to have more than $60 million in cap space this summer. Daryl Morey will be seeking to fill out the roster around Joel Embiid and re-sign Tyrese Maxey.

Butler previously played for part of one season with the 76ers. Philadelphia acquired Butler from the Minnesota Timberwolves. Following the end of the 2018-19 season, Butler was acquired by the Heat in a sign-and-trade deal with the Sixers.

LeBron James is widely expected to return to the Los Angeles Lakers next season though he has decisions to make on how much longer he wants to continue playing and whether he prefers to finish his career with the franchise.

James has a $51 million player option for 24-25 with the Lakers. James is expected to become a free agent and re-sign some type of multi-year deal and possibly seek a no-trade clause. James can only get a no-trade clause by becoming a free agent and can't do so as part of an extension.

"I think the expectation is that in one shape or another, LeBron James will be back with this Lakers' team," said Adrian Wojnarowski. "It probably includes declining that player option and doing a new deal. Whether that's a one-year deal or a two-year deal, however they want to structure it. I think there's a working expectation that he's back, but things can change. He can make a different decision later."

Both the Golden State Warriors and Philadelphia 76ers had interest in LeBron James ahead of this year's trade deadline.