What happened: The Mavericks still prefer trading Klay Thompson rather than negotiating a buyout, according to Marc Stein. Miami and other teams hope he reaches free agency through a buyout.

Why it matters: A trade would allow Dallas to seek value for Thompson instead of releasing him. A buyout would let interested teams pursue him without sending assets to the Mavericks.

What to watch: Watch for a trade offer or a change in Dallas' buyout stance.