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Fischer’s Latest: CP3, Harden, Gillespie, Cavs, Knicks

December 27, 2025 by Hoops Rumors

There had been some speculation that Chris Paul could be moved by the Clippers on December 15, the day he became trade-eligible, but that did not occur. While Paul is no longer around the team after Los Angeles announced that it was “parting ways” with the franchise icon, the Clippers are working with his representatives to find Paul a new club that he finds desirable, writes Jake Fischer of The Stein Line (Substack link).

Paul’s minimum-salary contract would theoretically be simple to trade from a mechanics standpoint, but a deal doesn’t appear imminent. Sources tell Fischer that it’s possible Paul might be included as part of a larger trade around the February 5 deadline. In that scenario, Paul could be waived by the team that acquires him, Fischer continues, which would allow the 40-year-old to pick a new destination as a free agent.

While the Lakers have been linked to Paul for years, Fischer has been “strongly advised” they aren’t expected to pursue the 11-time All-NBA point guard, who is in his 21st and final season. Houston could theoretically use backcourt depth, but Fischer hears the Rockets are content with their roster right now and likely won’t consider changes until late January due their proximity to the first apron, at which they’re hard-capped.

Here’s more from Fischer’s latest rumor round-up, which is centered on point guards:

  • The Clippers continue to signal to rival teams that they aren’t willing to discuss trading James Harden, according to Fischer. As Fischer points out, Harden has an implied no-trade clause for 2025/26 and a $42.3MM player option for 2026/27 that’s partially guaranteed for $13.3MM. In order to approve a potential trade, Harden would likely want to know if the team interested in acquiring him planned to keep him past his July 11 salary guarantee date or if it would be open to re-signing him to a new deal, Fischer writes.
  • Collin Gillespie, who is having a breakout season for the Suns, will be an unrestricted free agent in 2026. Rival teams are projecting the 26-year-old to receive a contract similar to the three-year, $27MM deal Ty Jerome signed with Memphis this past summer, per Fischer.
  • While rival clubs are reportedly monitoring both players, the Cavaliers have shown no interest to this point in making an in-season deal involving Darius Garland or Jarrett Allen, Fischer confirms.
  • As Fischer writes, Tyler Kolek‘s impressive recent play with the Knicks has opposing teams wondering if New York will target frontcourt help ahead of the deadline instead of a veteran point guard. It’s unclear which position the Knicks will ultimately look to fortify.

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