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- The Milwaukee Bucks, Phoenix Suns and Philadelphia 76ers took part in a three way deal that sent Brandon Knight to Phoenix, Michael Carter-Williams, Tyler Ennis and Miles Plumlee to the Bucks, and the Sixers picked up a few picks.
- The Houston Rockets received Pablo Prigioni and K.J. McDaniels in a deal with the New York Knicksand the Sixers. The Knicks acquired Alexey Shved and a pair of second rounders while Philadelphia got a second-round selection and Isaiah Canaan.
- Sacramento and Washington swapped backup point guards, with Ramon Sessions being traded to theWizards in return for veteran Andre Miller, reuniting Miller with head coach George Karl.
- The Denver Nuggets traded Alonzo Gee, Arron Afflalo to the Portland Trailblazers and JaVale McGee& a first round pick to the Sixers in seperate agreements that saw them take home a haul of Thomas Robinson, Will Barton, Victor Claver and a first round selection.
- Tayshaun Prince was re-acquired by the Detroit Pistons in a trade that saw Jonas Jerebko and Luigi Datome sent to the Boston Celtics, who also landed Isaiah Thomas from the Suns for Marcus Thornton and one of their many first round picks.
- A three-team deal between the Pistons, Oklahoma City Thunder and Utah Jazz saw Detroit deal D.J. Augustin, Kyle Singler to OKC for Reggie Jackson. The Thunder also recieved Steve Novak and Enes Kanter from Utah, and sent Kendrick Perkins, Grant Jerrett, the draft rights to Tibor Pleiss and a first round pick to the Jazz, who also received a Piston second round selection.
- The Suns and the Miami Heat agreed on a deal that sent Goran Dragic and brother Zoran to South Beach for Justin Hamilton, Danny Granger and two first round picks. The Heat also swapped Norris Cole for the New Orleans Pelicans' John Salmons.
- The Brooklyn Nets' Kevin Garnett waived his no-trade clause to OK a move sending him back to theMinnesota Timberwolves for Thaddeus Young.
A few smaller moves from prior to the deadline include:
- 18-year veteran Jermaine O'Neal announced he would not follow through with his earlier comeback plans, and would decide whether to retire by July 1, 2015. The Dallas Mavericks were hoping to add him to help bolster their frontcourt.
- The New York Knicks and Amar'e Stoudemire reached a buyout agreement which saw the 32-year-old center walk away from the organization that signed him to a five-year, $99.7 million contract in 2010. Stoudemire has since joined former teammate Tyson Chandler in Dallas.
- Carmelo Anthony was shut down for the rest of the season due to a nagging knee injury, New York is currently dead last in the NBA standings.
- The Mavericks waived second-year guard Ricky Ledo to clear space for Amar'e Stoudemire.
- The Timberwolves signed Lorenzo Brown to a guaranteed contract until the end of the year, and hold a team option to potentially extend his contract until next season.
- The Pelicans signed Toney Douglas to a ten-day contract, this is the guard's sixth team in as many years.