Sources: Sixers trade Martin to Mavs for Grimes

The Dallas Mavericks have agreed to trade guard Quentin Grimes to the Philadelphia 76ers for forward Caleb Martin, sources told ESPN.

Philadelphia is also receiving a second-round pick — the 76ers’ own pick in 2025 — in the deal, sources said.

Martin, 29, is averaging 9.1 points and 4.4 rebounds primarily as a starter during the first season of a four-year, $35 million contract that includes a player option for 2027-28. He is a versatile wing who is a proven playoff performer, averaging 9.1 points while shooting 40.1% from 3-point range in 45 career postseason games, including the Miami Heat‘s run to the 2023 NBA Finals.

Grimes, 24, is averaging 10.2 points and 3.8 rebounds per game while shooting a career-best 39.8% from 3-point range this season. He was acquired by the Mavs in a summer trade that sent Tim Hardaway Jr. to the Detroit Pistons.

The Mavs and Grimes engaged in discussions about a contract extension in the fall, but sources said the sides did not come close to striking a deal. Sources said that Grimes wanted a deal in the range of the full midlevel exception — a $12.8 million starting salary — while the Mavs valued him on a contract similar to free agent addition Naji Marshall‘s three-year, $27 million deal.