The NBA trade deadline is officially here, and the atmosphere in Memphis is electric. While the Grizzlies have historically leaned into their "Grit and Grind" identity, this season’s pivot is undeniable. Having already moved cornerstone pieces like Jaren Jackson Jr., the organization appears to be in a full-scale rebuild, leaving superstar guard Ja Morant as the final major domino that could fall before the 3:00 p.m. ET cutoff.
For those tracking the situation through Kalshi event contracts, the market is currently a whirlwind of volatility. Unlike traditional sportsbooks, prediction market apps like Kalshi allow traders to buy and sell contracts on whether Ja will be traded by the deadline, and the "Yes" contracts at Kalshi are currently seeing massive volume. The market currently prices the "Stays with Memphis" outcome as the favorite, but that number has been sliding all morning as rumors intensify.
If you're interested in trading on prediction markets regarding Ja's next team, use the Kalshi promo code for a $10 new-user offer.
Latest Ja Morant Next Team Odds at Kalshi
Here are the latest Kalshi odds for Ja's next team:
Potential Destinations for Ja Morant
While the odds favor a stay, the following teams are driving the "No" (Trade) contract prices higher:
Miami Heat: Miami is the primary speculative favorite. Insiders suggest Pat Riley is looking for a dynamic engine to pair with their veteran core.
Milwaukee Bucks: Seen as a "buy low" candidate, Milwaukee’s odds have fluctuated as it looks to revitalize a backcourt alongside Giannis (if he stays).
Golden State Warriors: The Warriors remain a dark horse, with traders keeping an eye on a potential Curry-Morant backcourt.
With hours left, there is still ample room to trade on these contracts. Whether Ja stays or goes, the Kalshi order books will be the truest real-time indicator of where the superstar lands.
Trading volume at Kalshi on Ja Morant's next team sits at $395,887 (at the time of publication). The market will resolve on February 6, with Kalshi verifying the outcome via ESPN and Fox Sports.
What Is Kalshi?
Different than a traditional sportsbook and available in most states, Kalshi allows users to make predictions across several unique markets, including sports, entertainment, elections and even weather.
Kalshi operates on a contract-based system where users buy "contracts" (priced between 1–99 cents) based on whether they believe a specific event will happen. The price of each contract fluctuates in real time based on market sentiment and like the stock market, traders can sell positions early to lock in profits (or minimize losses).
