On August 23rd, according to Jake Fischer of The Stein Line, both the Golden State Warriors and the San Antonio Spurs have recently expressed interest in New Orleans Pelicans forward Trey Murphy III. Multiple sources revealed that the two teams have held preliminary discussions about potential signings, but New Orleans remains steadfast in its reluctance to release him, demonstrating its high regard for the 25-year-old forward.

Murphy had just signed a four-year, $112 million contract extension with the Pelicans in October 2024. Management stated at the time that the extension was not only a recognition of his personal strength but also a key component of the team's future development. Consequently, the Pelicans repeatedly rejected trade inquiries from other teams, demonstrating a resolute stance.

In the 2024–25 season, Murphy missed the start of the season due to a right hamstring strain. However, he quickly regained his form upon his return and delivered the best performance of his career. Throughout the season, he averaged 21.2 points, 5.1 rebounds, and 3.5 assists in 53 games. His versatile offensive game and consistent three-point shooting made him an attractive forward in the league.

Murphy 's contract, worth $25 million for the 2025-26 season, is highly competitive in the current market. It's undoubtedly an ideal target for teams looking to bolster their forward arsenal and push for a playoff run. This is precisely why the Warriors and Spurs are interested. The Warriors reportedly approached the Pelicans this summer, and the Spurs are also closely monitoring their developments.

Although both the Warriors and the Spurs have shown great interest in Trey Murphy III, the Pelicans management has a clear attitude, emphasizing his important position in the team's future blueprint.