Kyrie Irving traded in blockbuster 3-team deal: Raptors land De’Aaron Fox

Kyrie Irving traded in blockbuster 3-team deal

Kyrie Irving is set to leave the Dallas Mavericks in a proposed three-team blockbuster that would send him to the San Antonio Spurs. The Toronto Raptors would land De’Aaron Fox and Klay Thompson in the swap, according to reports on 22 Jul 2026.

What’s in the trade package?

Under the proposal, the Spurs receive Irving and Caleb Martin from Dallas. The Raptors get Fox from San Antonio and Thompson from Dallas. The Mavericks land Immanuel Quickley, RJ Barrett, and Jakob Poeltl from Toronto, plus first-round picks in 2029 and 2030 and second-round picks in 2028 and 2030.

The deal’s viability depends entirely on the Mavericks’ willingness to move Irving. Dallas has reportedly held firm on the star guard this offseason, making his availability the biggest hurdle to any agreement.

Why this matters for Kyrie Irving

If completed, the trade would mark a major shift for Irving, who has been a central piece of the Mavericks’ roster since arriving in 2023. The Spurs, fresh off a deep playoff run in the 2025-26 season, would gain a high-profile guard to pair with their young core.

For Toronto, the move signals a bold offseason pivot after a first-round playoff exit. The Raptors bowed out to the Cleveland Cavaliers in seven games, a series where leading scorer Brandon Ingram struggled and the team lacked postseason experience.

What comes next for the Raptors and Fox?

The Raptors would clear significant cap space to absorb Fox’s $49.5 million hit for 2026-27. His four-year, $229 million deal signed last summer makes him a long-term financial commitment, but Toronto aims to avoid luxury tax penalties.

Fox, who reached the Western Conference Finals with the Spurs in May 2026, would join a Toronto frontcourt featuring Scottie Barnes-fresh off his second All-Star and first All-Defensive Team selections. The Raptors’ push for a deeper playoff run hinges on reshaping the roster around Barnes and Fox.

Thompson’s expiring deal in Dallas makes him a tradable asset this summer. The sharpshooter would arrive in Toronto as an unrestricted free agent next summer, adding veteran shooting to a rebuilding roster.

The trade’s success depends on multiple moving parts: Irving’s availability, Fox’s fit, and Toronto’s ability to manage cap constraints. If it collapses, the Raptors may need to explore other avenues to revamp their lineup before training camp.