Trae Young Trade Idea to Land Star Guard with Miami Heat

Atlanta Hawks receive: Terry Rozier, Duncan Robinson, Jaime Jaquez Jr., Nikola Jović, Pelle Larsson, 2025 No. 20 (Golden State Warriors), Miami 2030 protected first-rounder, $19.4 million trade exception

Miami Heat receive: Trae Young

Note: The trade wouldn’t be executed until July 6, after the NBA’s annual moratorium. The Miami 2030 first-rounder would have lottery protection in the first year, then go unprotected in 2031 to Atlanta.

The assumption is that Robinson won’t use his early termination option on his $19.9 million salary. Once he’s officially locked in for 2025-26, only $9.9 million will be guaranteed.

Terry Rozier’s $26.6 million is almost entirely guaranteed ($24.9 million), but Miami locks in the full amount prior to the trade.

Atlanta would use the Dejounte Murray trade exception (otherwise, expiring on July 7) for Robinson and Jović. The Hawks would have a $1.5 million balance on the Cody Zeller trade exception (expiring 2/6/26) for Larsson and a $9.2 million balance on the Bojan Bogdanović trade exception (also 2/6/26). The $19.4 million trade exception generated in the deal would be for Young, less Rozier’s salary.

Miami triggers a second-apron hard cap in the deal via aggregation. Atlanta would have a first-apron hard cap for using preexisting trade exceptions.

Young would receive a (relatively) small trade bonus, just under $400,000.