The trade deadline is 3 p.m. EST Thursday. Here’s what’s going down, starting with our analysis of the completed deals, followed by the latest rumblings.

Thursday, Feb. 18

Trade Grades

  • Cleveland Cavaliers get Channing Frye from the Orlando Magic.
  • Portland Trail Blazers get Anderson Varejao and a conditional first-round pick from Cleveland.
  • Orlando gets Jared Cunningham from Cleveland and a second round pick from Portland.

Grades: Cleveland (B-), Portland (B+), Orlando (B-)

Grades: Houston (B+), Detroit (B+)

Grades: Denver (B+), Oklahoma City (B-)

Grades: Atlanta (B), Utah (B)

Thunder, Nuggets made a deal

Magic sent Channing Frye to Cavs in a three-team deal

Pistons, Rockets make a trade

Miami sends Brian Roberts to Portland

The Miami Heat have completed a deal that will send guard Brian Roberts and a second-round pick to Portland, Wojnarowski reports. The deal gives the Trail Blazers more draft picks and helps the team reach the salary cap floor. The move gets the Heat under the luxury-tax line.

Advanced discussions on a Lawson deal

The Utah Jazz and Houston Rockets are having what ESPN characterized as advanced discussions about a trade involving point guard Ty Lawson.

The Jazz, Marc Stein writes, were considering whether to trade Trey Burke for Lawson — with another Jazz player likely to be added to make the salaries work.

“There are rumors every day,” Lawson said Wednesday. “You can’t really feed too much into it, and we’ll see what happens.”

Anthony says there’s no buzz around the Knicks

The New York Knicks may still be hoping to acquire Jeff Teague from the Atlanta Hawks, but Carmelo Anthony said he’d heard nothing about a move.

“If you don’t hear anything as of now, I doubt we’re probably even doing something, but you never know,” Anthony said (via ESPN). “This game over the years has done some weird things. We’ve still got to 3 p.m. to try to figure something out. I haven’t been hearing anything. The guys on the team, seems like they haven’t been hearing anything.”

Interim coach Kurt Rambis wasn’t hearing anything either, but ESPN’s Stein and Brian Windhorst reported that the team was shopping Jose Calderon and offering to add Kyle O’Quinn to some package proposals.

Celtics are standing pat, won’t pay for Horford or Howard

What if there are no trades?

Wednesday, Feb. 17

It wouldn’t be a trade deadline without the 76ers doing something, especially if it promises to make the team worse, at least in the short term. Wednesday brought word that Philadelphia was shopping big man Jahlil Okafor, this after making him the No. 3 overall pick in last year’s draft.

Tom Moore of the Bucks County Courier Times wrote that a source told him that Sixers general manager Sam Hinkie is seeing what he might get in return for Okafor, although another source said that any deal involving the rookie or fellow big man Nerlens Noel would have to be “a no-brainer.”

Interestingly, one of those sources also told Moore that Jerry Colangelo, recently brought in by Philadelphia in an executive capacity, is the one “calling the shots,” not Hinkie, who has been the architect of the 76ers’ years-long tanking-for-gold project. “From what I heard, teams in the NBA are calling Colangelo [to talk trades],” the source said.

Here’s who isn’t going anywhere

Doc Rivers, the Los Angeles Clippers’ coach and president, dismissed rumors that the team was seeking to trade Blake Griffin.

“I’ve told you we’re not trading Blake, but I guess everyone else wants to keep doing that. So we’ll let them do that,” Rivers said Tuesday (via ESPN). “It is what it is. Nothing we can do about it, honestly. It frustrates you when you know nothing’s going on, but what can you do?”

Griffin has been not played since late December with a quadriceps injury and, just as he was getting close to being able to play, he broke his hand Jan. 23 in a fight with a team employee.

Monroe may stay put

Milwaukee Bucks forward Greg Monroe isn’t expected to be traded before the deadline, USA Today’s Jeff Zillgitt reports. Although teams have been calling the Bucks to ask about Monroe, the team isn’t interested.

A deal for Frye?

The Clippers are, however, closing in on a deal to acquire Channing Frye from the Orlando Magic, Adrian Wojnarowski of The Vertical reports. First, though, the team is exploring what Wojnarowski says is a “larger trade scenario.”

Ricky Rubio to the Bucks?

It doesn’t sound as if Ricky Rubio will be moved before the 3 p.m. EST deadline Thursday, but an off-season trade is possible. One destination for the Minnesota Timberwolves player could be Milwaukee, given that Bucks Coach Jason Kidd likes him and has the authority to pursue a deal. Swapping him for Michael Carter-Williams could be a possibility at some point this year, Wojnarowski reports. ESPN’s Marc Stein, though, adds that the Bucks are telling Carter-Williams to ignore trade speculation.

Pelicans like their Holiday

The Pelicans are turning down inquiries about the availability of Jrue Holiday, Zach Lowe reports.

Trade Grades

Grades: Detroit (A-), Orlando (C)

Grades: Memphis (B+),  Miami (B-), Charlotte (C+)

Tuesday, Feb. 16

The hottest trade buzz involves Dwight Howard, with possible destinations changing daily. The latest possibility involves a trade that would send the Houston Rockets star to the Miami Heat for Hassan Whiteside.

The move makes sense for the Rockets from a statistical perspective. Houston would get defensive help and the Heat would get a star player who might have more success in the Eastern Conference.

Clippers deny interest in trading Blake Griffin …

… but sound close to dealing Lance Stephenson for coveted Channing Frye

Will the Suns make a move?

Markieff Morris wants to be traded and the Phoenix Suns would like to accommodate him, but that doesn’t mean a deal will get done.

So far, teams who has shown interest in Morris say that the Suns want more than a first-round pick, The Verticle’s Adrian Wojnarowski reports. The Suns apparently hope to get a younger player and a first-round pick in return and, if they don’t, they may be content to sit tight with Morris and try to trade him during the summer, Wojnarowski says.

Keep an eye on the Pelicans in the Howard sweepstakes

New Orleans may seek some muscle to help out Anthony Davis and they’ve been talking with the Milwaukee Bucks about Greg Monroe, ESPN’s Zach Lowe reports. He notes, though, that the Pels and Rockets once discussed a Ryan Anderson-Omer Asik trade — and New Orleans now have both players if they want to pursue Howard.

Monday, Feb. 15

ESPN’s Chris Broussard reported Monday that the Los Angeles Clippers offered Blake Griffin and Lance Stephenson to the rebuilding Denver Nuggets in exchange for Kenneth Faried, Nikola Jokic, Danilo Gallinari and Will Barton.

Griffin currently is out with a broken hand suffered during a fight with a Clippers employee on Jan. 23. Last week, the team announced he would be suspended for four games upon his return from injury (they’re also docking his paycheck for a fifth game). He was expected to miss four to six weeks after having surgery on Jan. 25, though Los Angeles Coach Doc Rivers initially said that time frame may be overly optimistic. So it’s probably safe to assume Griffin won’t be back on the court until March.

Faried, Jokic and Gallinari make up Denver’s entire starting front court, and Barton is the team’s sixth man and second-leading scorer. The Nuggets, currently five games out of a playoff spot in the West, also have a number of first-round draft picks in this year’s draft, though some of them are protected.

Sunday, Feb. 14

There is one big hitch to the most delicious trade rumor, the one about a blockbuster involving Carmelo Anthony and Kevin Love.

Anthony would have to waive the no-trade clause in his contract with the New York Knicks and he is in no mood to do so.

“There’s always some trade [stuff] going [on],” Anthony said Saturday during an interview on Sirius XM NBA Radio. “I’m not going anywhere.”

Saturday, Feb. 13

It’s the most wonderful time of the year — at least for NBA junkies. The league’s trade deadline is fast approaching (Feb. 18 at 3 p.m. EST, to be exact) and already NBA watchers are making bold predictions. Take, for instance, this Bill Simmons tweet:

Four all-stars named in just one tweet! Al Horford, Jeff Teague, Dwight Howard and Blake Griffin. Oh, how we love the NBA trade deadline. Here are the latest rumors and news:

Friday, Feb. 12

Cavaliers, Celtics, Knicks talking three-team deal involving Anthony?

Batten down the hatches for this one: The New York Daily News’s Frank Isola reports that Cleveland and Boston have discussed a blockbuster regarding Kevin Love. Preliminary talks have also taken place that would add the Knicks to the discussions with nine-time all-star Carmelo Anthony heading to Cleveland to play alongside longtime friend LeBron James. In order for such a massive deal to happen, Anthony would have to waive his no-trade clause, which he’s not interested in doing at this point, according to Isola.

Isola also noted that other potential destinations for Anthony include the L.A. Clippers and the Celtics, where GM Danny Ainge “in intrigued by Anthony.”

Cavaliers sniffing out Kings’ Ben McLemore

Cleveland is seemingly looking to bolster its perimeter game for a playoff run, as’s Chris Haynes reports that the Cavs are taking a look at Sacramento guard Ben McLemore. The Kings have so far refused, Haynes writes, though swingman Rudy Gay “wouldn’t mind a change of scenery.”

Cleveland is on the prowl for wing assistance with the Feb. 18 trade deadline fast approaching. McLemore, 23, has been underutilized with head coach George Karl at the helm, but he’s shooting a career-high 37 percent from long distance.

Nets whittle down GM prospects

It’s not exactly a trade rumor but general managers are the folks who make the deals, and it looks like Brooklyn is close in on a replacement for the displaced Billy King, according to ESPN’s Chris Broussard.

The frontrunners are believed to be two-time executive of the year Bryan Colangelo, Denver Nuggets assistant GM Arturas Karnisovas and San Antonio Spurs assistant GM Sean Marks.

Thursday, Feb. 11

Not so fast on Rockets trading Dwight Howard?’s Marc Stein threw a bit of cold water on the report from earlier Thursday that Houston has indeed begun to look for a suitor for its franchise center. Stein tweeted out comments from both Howard and his agent Dan Fegan denying that the eight-time all-star wants out of a Rockets’ uniform.

“I want to win,” Howard told Stein. “I want this situation to work. I chose this team. And I’m not running because we have been faced with some adversity.”

Report: Rockets contacting teams about Dwight Howard trade

A big star could be on the move, according to the reliable Adrian Wojnarowski.

Celtics continue to chase Al Horford?

Boston has been linked to the Hawks’ all-star big man, and Yahoo’s Chris Mannix told a local radio station that the Celtics should pull the trigger if the opportunity arises.

Hawks looking really uncertain about their current group

According to Atlanta Journal-Constitution beat writer Chris Vivlamore, the team is “taking phone calls about everybody on the roster.” The team sent four players to the All-Star Game this time last year.

More NBA trade deadline coverage

Tim Bontemps tells you which teams are in the mix for Dwight Howard, Greg Monroe, Markieff Morris and more. (Read More)

Blake to the Knicks for Carmelo? Griffin-Love between the Clippers and Cavs? Or the Wizards giving up a lot of young assets? (Read More)

For a team like the Celtics, despite the fact Howard would be an excellent fit for them as the kind of rim-protecting center and pick-and-roll partner for freshly-minted all-star point guard Isaiah Thomas, the question becomes: How much are you willing to give up for a player that could potentially leave in six months? And does that mean you can give up enough to make it worth Houston’s while to move on from him? (Read More)

There are three teams with a chance to move into the No. 8 seed: the Sacramento Kings, Utah Jazz and Portland Trail Blazers. But the prize there is to face either the Spurs or Warriors in the first round. (Read More)

A second tier of playoff teams consisting of the Boston Celtics, Atlanta Hawks, Chicago Bulls, Indiana Pacers and Detroit Pistons should all feel confident in adding a missing piece at the trade deadline. (Read More)