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NBA trade grades: Breaking down the most impactful deals

The Suns get land much-needed help at center with Nick Richards, and the Hornets further increase their draft assets. Jared C. Tilton/Getty Images

The NBA trade deadline on Feb. 6 is drawing closer with the Phoenix Suns and Charlotte Hornets finalizing the first deal of the new year.

On Wednesday, the Suns acquired center Nick Richards from Charlotte in exchange for forward Josh Okogie. The trade also saw Phoenix obtain one second-round pick and the Hornets adding three future second-rounders.

In December, the Lakers acquired Dorian Finney-Smith and Shake Milton from the Brooklyn Nets in exchange for D'Angelo Russell, Maxwell Lewis and three second-round picks. It was the second notable move for the Nets this season after sending Dennis Schroder to the Golden State Warriors.

We grade both sides of the latest Suns-Hornets trade, as well as all the NBA's major deals, and break down the ramifications for all teams and players involved.

Jump to a deal:
Suns upgrade at center; Hornets pile up assets
Lakers get Finney-Smith; Russell to Nets
Schroder provides Curry, Warriors depth
Pacers get help at center after Miami deal

Suns upgrade a position of need, get tax relief

Phoenix Suns get:

Nick Richards
2025 second-round pick (via Denver)

Charlotte Hornets get:

Josh Okogie
2026 second-round pick (via Denver)
2031 second-round pick (via Denver)
2031 second-round pick (via Phoenix)

Phoenix Suns grade: B+