NBA trade rumors: Los Angeles Lakers target $112 million New Orleans Pelicans superstar as Warriors rivalry shapes 2026 trade market

The Los Angeles Lakers are looking at Trey Murphy III as a key target for the 2026 offseason. The team wants a wing who can shoot and defend alongside Luka Doncic and LeBron James. Murphy fits that need.The Golden State Warriors are also interested. They see Murphy as a strong addition next to Stephen Curry and Jimmy Butler. Both teams are expected to compete for him if he becomes available.The Los Angeles Lakers are 29–18 after the trade deadline. Luka Doncic has been leading the offense, while LeBron James continues to contribute in a smaller role. The team still needs more spacing on the wing.Trey Murphy III is averaging 21.2 points this season. He is shooting 45.4% from the field and 36.1% from three. His scoring has increased, and he takes a high number of three-point shots. That has made him a valuable option for teams looking to improve their offense.A possible deal would send Rui Hachimura, Dalton Knecht, and a 2031 first-round pick to New Orleans. In return, the Lakers would get Murphy. Trey Murphy III is under contract for three more years after this season on a $112 million deal. The Pelicans would get a starting forward in Hachimura, a young player in Knecht, and a future pick. The Lakers would keep players like Austin Reaves, Jarred Vanderbilt, and Maxi Kleber.Trey Murphy III would give the Lakers a consistent shooter on the wing. A large share of his shots come from three, which would help create space for Doncic and reduce pressure on LeBron. He can also defend multiple positions.For the Pelicans, Hachimura adds scoring in the frontcourt. Knecht gives them another shooter. The pick adds future value. The team can build around its current core while adding depth.The Warriors are still in the mix. They can offer players and picks as well, which could affect how the Lakers approach the deal.Murphy is 25 and 6’8”. He offers more athleticism than Hachimura and fits better with Doncic’s timeline.For the Los Angeles Lakers, Trey Murphy III improves spacing and adds defense on the wing. He fits well next to their main players.The downside is the cost. Hachimura is a reliable player, and Knecht has potential. The first-round pick also carries long-term value. The Warriors could also make a stronger offer.Also read: NBA trade rumors: Los Angeles Lakers predicted to trade for $131 million Cleveland Cavalier superstar to bolster roster; Austin Reaves key trade asset?The Los Angeles Lakers would improve their roster if they land Murphy. The Pelicans would get useful pieces in return. The final outcome may depend on whether Golden State pushes harder with its own offer.