Miami Heat get: Damian Lillard and Isaiah Todd
Portland Trailblazers get: Kyle Lowry, Luke Kennard, Ziaire Williams, Jaime Jaquez Jr, Nikola Jovic, 2025 Lottery Protected First Round Pick (via Memphis), 2026 First Round Pick Swap (with Miami), 2027 First Round Pick Swap (with Miami), 2028 First Round Pick (via Miami), and 2030 First Round Pick (via Miami)
Memphis Grizzlies get: Tyler Herro
Not shown: Portland Trailblazers buyout or waive Kyle Lowry