Domantas Sabonis is close to being traded to the Toronto Raptors, with the Memphis Grizzlies emerging as a potential third team to facilitate the deal.

What happened?

The Sacramento Kings have been adamant that they have no interest in Jakob Poeltl, who is owed over $100 million over the next four seasons.
The Grizzlies have created a record-setting trade exception worth nearly $29 million, making them a viable option to take on Poeltl's contract.

Why it matters for Domantas Sabonis

The Raptors are in fourth place in the Eastern Conference but struggle with defensive rebounding, ranking 23rd as of February 3, 2026.
Domantas Sabonis could provide a significant boost on the glass, and his screen setting and passing could help the Raptors generate better looks.

What comes next?

The Grizzlies are willing to take on Poeltl's contract in return for draft compensation from either the Kings or the Raptors.
The Raptors would need to give up a first-round pick, which is a high price to pay, especially considering Poeltl's back issues.
The Kings are set to shed a ton of salary after next season and appear to be starting a true rebuild, making the trade more likely.
The Grizzlies have signaled that they're ready to rebuild and want to take back as much draft capital as possible going forward.
And with the trade deadline approaching, the Grizzlies' emergence as a facilitator could be the final piece in a trade for the Kings.
But the Raptors will need to decide if giving up a first-round pick is worth it to bring in Domantas Sabonis and move on from Poeltl.
So the next few days will be crucial in determining the fate of Domantas Sabonis and the teams involved in the trade talks.
The Raptors are 24th in three-point attempts and 28th in percentage at 34% on the season, as of February 3, 2026.
Domantas Sabonis isn't a reliable shooter, but his skills could help the Raptors improve their offense.
The Kings and Raptors are waiting to see if the Grizzlies will take on Poeltl's contract, which would pave the way for the trade.
The Grizzlies' trade exception is a significant factor in the trade talks, and it could be the key to getting a deal done.