Cole Anthony is headed to Phoenix via a trade.
Milwaukee has agreed to trade Cole Anthony and Amir Coffey to Phoenix in exchange for Nick Richards and Nigel Hayes-Davis. The deal was later expanded into a three-team trade with Chicago, and Ousmane Dieng also on the move.
Milwaukee receives:
- Nigel Hayes-Davis (via Phoenix)
- Ousmane Dieng (via Chicago)
Phoenix receives:
- Cole Anthony (via Milwaukee)
- Amir Coffey (via Milwaukee)
Chicago receives:
- Nick Richards (via Phoenix)
Anthony, the former No. 15 pick in the 2020 Draft, is averaging 6.7 points, 2.5 rebounds and 3.5 assists per game while shooting 42.4% overall and 30.6% on 3-pointers. He has served solely as a backup in Milwaukee and will likely do the same in Phoenix behind Collin Gillespie and Jordan Goodwin.
Phoenix (31-20) has exceeded many experts’ prognostications by remaining in the Western Conference’s playoff chase all season. Trading for Anthony should allow it to maintain that spot as it will reduce the wear and tear on Gillespie, Goodwin and its other guards.
Welcome to Milwaukee, Ousmane! pic.twitter.com/atAylnWcA4
— Milwaukee Bucks (@Bucks) February 6, 2026
Welcome to Chicago, @iamnickrichards! pic.twitter.com/ucxnLkd5Se
— Chicago Bulls (@chicagobulls) February 6, 2026
Williams was acquired by the Suns last season and has gone from a starter in 2024-25 to a deeper reserve this season. He’s averaging 3.2 ppg and 3.3 rpg while shooting 49.3% overall, his lowest mark since his rookie season.
Hayes-Davis (1.3 ppg, 1.2 rpg) is a deep reserve for the Suns and a former Wisconsin standout, while Coffey (2.4 ppg) will head West after signing with the Bucks as a free agent last summer.
Dieng was first traded to Charlotte on Wednesday by Oklahoma City. He was then included in the reported Bulls-Hornets trade involving Coby White and, now, is a part of this deal that gets him to Milwaukee.
