The New Orleans Pelicans made a strategic trade just before the 2024-2025 season trade deadline, sending Daniel Theis to the Oklahoma City Thunder. Theis, who had been a center for the Pelicans this season, appeared in 38 games and started nine, averaging 4.3 points, 4.3 rebounds, and 1.6 assists before the deal. This move was essential for the Pelicans, allowing them to drop below the $1.4 million luxury tax threshold.

Theis was on an expiring $2.1 million contract, and the trade included additional draft compensation, indicating a thoughtful approach towards cap management and potential future free agency moves. Although not a blockbuster deal, this trade is expected to benefit the Pelicans in the long term.