Business
Ranking the 10 Players Most Likely to Be Moved This Offseason
With the confetti barely settled on the New York Knicks’ first championship in 53 years, the NBA’s 2026 offseason trade market is detonating in all directions. Stars are being shopped, franchises are being rebuilt, and the draft on June 23 is serving as an unofficial deadline for blockbusters that could reshape the league’s balance of power for years.
To build this ranking, contract status, organizational direction, roster fit, market demand, and overall trade likelihood were all examined. Here are the 10 players generating the most genuine intrigue as front offices across the league move toward decisive action.
1. Giannis Antetokounmpo, Milwaukee Bucks
Nothing else in the NBA moves until the Giannis Antetokounmpo situation resolves itself, and it appears that resolution is imminent. According to ESPN’s Brian Windhorst, the Milwaukee Bucks — coming off a dismal 32-50 season that ended without a playoff appearance — have been fielding calls on the two-time MVP for months, with Bucks co-owner Jimmy Haslam having set the NBA Draft as an informal deadline for a decision. The Miami Heat have been the frontrunner for what feels like an eternity, though the Boston Celtics remain genuinely engaged as well.
The rumors that swirled around the trade deadline haven’t gone away; they’ve only intensified after a missed postseason for the Bucks. At 31 years old, Giannis remains one of the most dominant players in basketball. Still, Milwaukee’s inability to surround him with a championship-caliber rotation has led to heavy speculation about a mutual pivot, with the Bucks apparently listening to calls. Giannis is still a physical freak capable of dropping 30.0 points and 12.0 rebounds per game, but the Bucks’ steep asking price, reportedly including elite young talent and multiple first-rounders, is the only thing keeping him in Milwaukee for now. His 2025-26 stats: 27.6 points, 9.8 rebounds, 5.4 assists per game on 62.4% shooting from the field.
2. Ja Morant, Memphis Grizzlies
Morant is expected to be traded this offseason, although the Grizzlies will wait until the Antetokounmpo drama plays out before making a move, to see whether any teams that strike out with the Greek Freak pivot to Morant instead. That dynamic places Morant’s situation directly downstream of how the league’s biggest domino falls.
3. Jaylen Brown, Boston Celtics
Boston’s frustration over the pace of Giannis negotiations has placed Brown squarely in trade speculation, with reports indicating the Celtics have explored what it would take to land Antetokounmpo while weighing whether to part with their All-Star wing in the process. According to league sources, Boston has indicated any “Brown to third team talk” is premature, suggesting the team continues to prefer a direct swap with Milwaukee rather than a more complicated multi-team structure.
4. Trae Young, Atlanta Hawks (via Washington Wizards)
Teams are eyeing a potential Young trade, including the Miami Heat, who see him as a “big fish” backup option if they strike out on landing Giannis Antetokounmpo. All indications out of Washington have been that the franchise plans to get Young to reject his $49 million player option and sign a longer-term extension at a lower per-year number instead, complicating any potential trade scenario. Changed lottery rules — where the teams with the three worst records have a worse chance of landing the No. 1 pick than seeds 4-10 — have increased the value of a floor-raiser like Young around the league.
5. Walker Kessler, Utah Jazz
Kessler has emerged as one of the more sought-after big men available this offseason, with multiple teams reportedly engaged. The Lakers have been among the teams with interest, though the practical challenge of signing a restricted free agent — particularly one whose current team is likely to match any offer — makes the path complicated. A sign-and-trade scenario, where Utah receives value in return for facilitating a departure, may be the most realistic route for all parties. Given that the Jazz already added Jaren Jackson Jr. at the trade deadline and hold the No. 2 pick in this month’s draft, they are in position to be selective about what they require in return.
6. Luguentz Dort, Oklahoma City Thunder
Dort could be a name to watch this offseason as the reigning champion Thunder look to save salary cap space, with the team currently due to pay him $17.7 million and projected to be roughly $40 million over the luxury tax line. Should Boston ultimately trade away Jaylen Brown as part of a Giannis deal, Dort could emerge as an appealing replacement option for the Celtics, given his reputation as a strong three-point shooter and high-level perimeter defender.
7. Kawhi Leonard, Los Angeles Clippers
Despite persistent trade speculation linking Leonard to both the Golden State Warriors and Miami Heat, Clippers owner Steve Ballmer has maintained a firm stance against moving him, preferring to continue building around his star forward. League sources said Ballmer has personally intervened to end discussions when teams have called about Leonard, though an ongoing league cap-circumvention investigation continues to add uncertainty to his situation regardless of ownership’s stated preference to keep him.
8. Austin Reaves, Los Angeles Lakers
While re-signing Reaves remains at the top of the Lakers’ offseason priority list, multiple other franchises, including the Brooklyn Nets, have reportedly expressed interest in pursuing him as a restricted free agent. League sources keep telling reporters to expect that the Lakers will ultimately re-sign Reaves despite outside interest, with the only real question being the final contract number. Reaves is 28, and this contract represents his one shot at generational wealth — he is not expected to hand out a steep discount to stay with the Lakers as he did with his previous deal.
9. Nic Claxton, Brooklyn Nets
Claxton has reportedly drawn interest as a defensive-minded center option for teams looking to bolster their frontcourt, including reported interest from Luka Doncic and the Lakers, who have identified Claxton as one of several potential center targets this summer. His combination of rim protection and mobility continues to make him an appealing trade chip for a Brooklyn franchise that may be open to moving pieces as it continues retooling its roster.
10. Jalen Duren, Detroit Pistons
Duren has similarly been mentioned as a center target for teams seeking athletic frontcourt depth, including reported interest from the Lakers as part of their broader search for a big man capable of running pick-and-rolls alongside Doncic. While Detroit’s improved trajectory under its current core makes any deal involving Duren more complicated than some of the other names on this list, his rebounding and rim-running ability continue to generate calls from rival front offices.
The Bigger Picture
As the 2026 NBA calendar transitions into the offseason, front offices enter a clinical cycle of strategic roster manipulation. The summer window forces executives to forgo sentimentality and conduct real-time audits of their active cores. Facing strict Collective Bargaining Agreement restrictions, a desperate middle class is hunting for immediate exit strategies to offload heavy long-term money before luxury-tax thresholds paralyze them, while elite-tier organizations look to maximize finite championship windows before the second apron freezes external talent acquisition.
With the draft set for June 23 serving as an informal deadline for several of these situations — particularly the Antetokounmpo sweepstakes — the coming days are expected to bring rapid movement across the league. Which player on this list is most likely to be playing for a new team by opening night, and which name is generating plenty of rumors but ultimately isn’t going anywhere, remains one of the more compelling storylines of the entire NBA offseason calendar.
Business
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As an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market declines. Having long term and short term trading strategies, proper execution of my trading plan, and absolute investing results are my goals. I see my articles as a way to keep me focused on developing winning trades. I also expect to learn much from the feedback that is provided in the comments section.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in KMX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ITWO over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
BSE subsidiary ICCL adopts new brand identity as BSE Clearing
The company said the transition marks a significant milestone in strengthening alignment with parent entity BSE Ltd and reinforces its role within the broader BSE ecosystem.
BSECL will continue to provide clearing, settlement and risk management services across the equity, equity derivatives, currency derivatives, debt, commodity, mutual fund, electronic gold receipt (EGR) and securities lending and borrowing (SLB) segments, among others.
The company said it remains committed to ensuring financial market stability, efficient collateral management and the highest standards of regulatory compliance as mandated by the Securities and Exchange Board of India (SEBI).
“The transition from ICCL to BSE Clearing Limited reflects our strong alignment with the BSE brand and our role as a trusted pillar of India’s financial market infrastructure. Over the years, we have built robust clearing, settlement, and risk management capabilities that support market integrity and investor confidence,” said Vaisshali Babu, Managing Director and Chief Executive Officer of BSE Clearing Limited.
“As we embark on this new chapter, we remain steadfast in our commitment to operational excellence and regulatory compliance while supporting the long-term resilience of India’s capital markets,” she added.
According to the release, the rebranding will have no impact on the corporation’s operations, legal obligations, contracts or service commitments towards members, participants and stakeholders.All existing agreements, memberships and regulatory registrations will continue without interruption, the company said.
BSE, Asia’s oldest stock exchange, is also the world’s largest exchange by number of listed companies. Over the years, it has played a key role in the development of India’s capital markets and serves as a major platform for companies raising capital. Its benchmark index, the Sensex, is widely tracked by domestic and global investors as a gauge of Indian equity market performance.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
MAHA SNAP restrictions on junk food could change spending

The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies.
The U.S. Department of Agriculture as of May had approved food restriction waivers for Supplemental Nutrition Assistance Program benefits in 23 states, affecting roughly one-third of all SNAP participants, according to Numerator. The research firm estimates the restrictions could reduce food and beverage sales by as much as $830 million this year as consumers either shift spending to approved products or cut back overall.
Kroger CEO Greg Foran said on the company’s first-quarter earnings call on Thursday that customers remain under pressure in part due to reduced SNAP benefits, as well as higher gas prices, “squeezing budgets.”
“Customers are managing spend carefully and shopping with real intent,” Foran said.
Most waivers focus on limiting consumption of sugar-sweetened beverages and confectionery products, signaling a targeted approach rather than broad food restrictions. As the movement spreads, it’s forcing major packaged food companies to monitor shopper behavior and assess whether they need to remake product lines — though many of them have already been changing what they offer after consumer habits shifted in recent years.
Iowa recently became the first state to codify elements of the “Make America Healthy Again,” or MAHA, movement into law, approving legislation that targets artificial food dyes, ultra-processed foods in school and purchases made through SNAP.
“Altogether, this bill advances the health and wellness for every Iowan today and for generations to come,” said Iowa Gov. Kim Reynolds when she signed the measure last month.
She added the law helps “refocus federal food assistance programs on the actual purpose for which they were created: helping low-income families afford nutritious food.”
Attendees are greeted with”Eat Real Food” placards as they gather for U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. and Agriculture Secretary Brooke Rollins to announce new nutrition policies at the Department of Health and Human Services in Washington, D.C., U.S., January 8, 2026.
Jonathan Ernst | Reuters
The law bans several synthetic dyes, including Red 40 and Yellow 5, from most K-12 school meals and vending machines, while also restricting SNAP recipients from using benefits to buy products such as soda and candy.
Navigating the MAHA era
Many food companies aren’t waiting to see how policies evolve.
At a Goldman Sachs conference in May, Hershey said it has researchers in Texas conducting in-store interviews with shoppers who receive SNAP benefits to understand how purchasing behavior is shifting under new restrictions in the state.
“We’ve observed some consumer uncertainty at the register as new restrictions take effect,” a Hershey spokesperson told CNBC. “We anticipate this will improve as store execution improves, rules become clearer, and SNAP users can plan and budget with more certainty.”
The company is studying everything from product substitutions to budget tradeoffs, offering an early glimpse into how major food manufacturers are preparing for a potentially significant shift in consumer demand.
Many of the products most exposed to the changes are produced by some of the largest companies in the industry like Kraft Heinz, PepsiCo, Coca-Cola, General Mills, Nestle and others.
J.M. Smucker CEO Mark Smucker, however, told CNBC he expects the SNAP policy changes to have a more muted impact.
“I would say the current environment isn’t really that different than what we’ve seen over time, and thus far some of the modifications have really had no meaningful impact to our business,” he said.
Still, the company’s Hostess products like Twinkies and Donettes — the latter of which saw net sales grow 13% in the latest quarter, according to the company — may be impacted under broader state restrictions on “highly processed snacks.”
Current SNAP waivers in states like Texas focus primarily on candy and sugary drinks, not snack cakes. However, some states have proposed broader definitions that could eventually encompass packaged desserts and sweet baked goods.
At the same time, fewer Americans are even receiving the benefits. One analysis estimates 3.5 million people have lost their SNAP aid since President Donald Trump last year signed a sweeping bill that restricts eligibility for SNAP, among other changes.
Many U.S. households have found it harder to pay for groceries following the changes. The restrictions have also meant fewer dollars flowing to major businesses.
Walmart is particularly exposed to SNAP spending, capturing roughly a quarter of all SNAP grocery dollars nationwide, according to Numerator. Kroger, Costco and Amazon follow at about 8%, 6% and 5%, respectively.
The curbs on what consumers can buy with federal assistance are only one shift food companies are watching.
At a hearing of the Senate Committee on Health, Education, Labor and Pensions in April, Health and Human Services Secretary Robert F. Kennedy Jr. went as far as to say he “would support” a ban on junk-food television advertising. The department has not yet taken steps to introduce such a ban.
Responding both to Kennedy’s MAHA initiative and shifting consumer tastes, food manufacturers have also accelerated efforts to reformulate products and reduce synthetic ingredients in products like Kool-Aid, Fanta, Doritos and Flamin’ Hot Cheetos, which contain dyes like Red 40 and Yellow 5.
General Mills, Kraft Heinz and Target have all pledged to phase out certain artificial colors and additives by 2027 or sooner.
Nestle announced Monday it achieved its commitment on time to fully eliminate Food, Drug & Cosmetic colors from its U.S. food and beverage portfolio.
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Stock Market Holiday: BSE, NSE closed on June 26 sets up extended weekend for Dalal Street
A total of 16 stock market holidays have been scheduled for 2026, out of which nine have already passed.
Following next week’s closure, the next market holiday will fall on Monday, September 14, for Ganesh Chaturthi. In the second half of the year, markets will also remain closed on October 2 for Gandhi Jayanti, October 20 for Dussehra, November 10 for Diwali Balipratipada, November 24 for Guru Nanak Jayanti and December 25 for Christmas, which will be the final market holiday of 2026.
Will MCX be closed?
Meanwhile, Multi Commodity Exchange of India will remain closed during the morning session on June 26 but will resume trading in the evening session. According to MCX’s annual trading calendar, the exchange has 16 trading holidays in 2026, with either partial or full-day closures.
The National Commodity & Derivatives Exchange Limited will remain shut for both trading sessions on the same day.
Stock Market Holidays 2026
In 2026, four key holidays fall on weekends and therefore will not lead to additional market closures. These include Mahashivratri on February 15 and Eid-Ul-Fitr on March 21, both of which have already passed, along with Independence Day on August 15 and Diwali Laxmi Pujan on November 8.
Diwali Laxmi Pujan will fall on a Sunday this year, though exchanges will conduct the customary Muhurat Trading session on November 8. The timings for the special one-hour session will be announced closer to the date. Independence Day, meanwhile, falls on a Saturday.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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BBC Radio 4 – Money Box, Pension delays and fraud figures
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Tens of thousands of retired and serving civil servants have been reporting long delays to payments, leading to serious financial hardship to pensioners and their families.
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And cases of reported are still increasing. We explain how AI has become the latest weapon in the fraudsters’ armoury.
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