The NBA trade deadline is 2 p.m. Thursday. Chris Herrington has updates from what transpired Wednesday and speculates on some possible deals that may happen before the deadline.

On December 28, the Grizzlies announced Smart was "diagnosed with a partial tear of the proximal extensor hood of his right index finger" and would be re-evaluated in two weeks. Over a month later, Smart is still week-to-week with no return date in mind.

Marcus Smart and Vince Williams Jr., who have been sidelined by injuries, made their returns in the Memphis Grizzlies' 138-107 win vs the Raptors.