BREAKING: Sixers trade Caleb Martin to Mavericks for Grimes

Sixers
BOSTON, MASSACHUSETTS – DECEMBER 25: Caleb Martin #16 of the Philadelphia 76ers reacts after making a three-point basket against the Boston Celtics during the fourth quarter at the the TD Garden on December 25, 2024 in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Brian Fluharty/Getty Images)

The Philadelphia 76ers have shipped out Caleb Martin to the Dallas Mavericks in exchange for Quentin Grimes and the Sixers’ own 2025 second-round pick. Martin, who had just signed a four-year, $35 million contract in the offseason, is now on the move after less than a year in Philadelphia.

Over 31 games played with the Sixers, Martin averaged 9.1 points and 4.4 rebounds per night on 43.5/37.9/62.2 shooting splits. While Martin was one of the biggest free agent signings for Philadelphia this offseason, he struggled to find a consistent place in the lineup for the same reason as many Sixers this season: injury.

With Quentin Grimes, the Sixers acquired a 24-year-old shooting guard who is about to hit restricted free agency after this season. Through 47 games this season, Grimes has been an impressive shooter and defender for the Mavericks. The former New York Knick and Maverick is averaging 10.2 points a night on nearly 39.8% shooting from beyond the arc.

Jan 22, 2025; Dallas, Texas, USA; Dallas Mavericks guard Quentin Grimes (5) looks to move the ball past Minnesota Timberwolves guard Mike Conley (10) during the first half at the American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images

Philadelphia had been rumored to be looking for future restricted free agents who had not yet agreed on an extension. Being a restricted free agent this offseason, the Sixers have the right to match any offer sheet Grimes signs this offseason. They can also move Grimes in a sign-and-trade if the two sides remain too far apart on a deal.

In this trade, the Sixers also receive their second-round pick back from the Dallas Mavericks. Considering their 19-29 record, Philadelphia’s second-round pick holds some value, currently sitting as the 37th pick in the 2025 NBA Draft.

Philadelphia is surely thrilled to have acquired both a young, proven two-way guard, as well as their second-round pick back. The pick was initially sent to Oklahoma City for George Hill before being sent to Dallas. The Sixers had zero draft picks in the 2025 NBA Draft and now could end up with currently a top pick in the second round, should the Sixers fail to turn their season around.

Jan 25, 2025; Dallas, Texas, USA; Dallas Mavericks guard Quentin Grimes (5) dunks over Boston Celtics center Luke Kornet (40) during the second half at American Airlines Center. Mandatory Credit: Kevin Jairaj-Imagn Images

With this move, the Sixers saved $4.3 million for this season and have shed Martin’s remaining $26.9 million over the next three years. The Sixers moved out of the first apron, sitting $472,882 between themselves and the apron.

This move could be a first step into a potential plan to keep fan favorite Guerschon Yabusele in town past this offseason, though the Sixers have a fair bit more salary to move off of before that is possible.

Philadelphia will miss Martin’s toughness and willingness to do the little things; however, Grimes provides the Sixers with a younger, arguably better player overall who fits well next to should-be All-Star Tyrese Maxey.