Donovan Mitchell Trade Rumors: Wizards, Raptors, Hornets, Kings, Hawks Join NYK, MIA

The New York Knicks and Miami Heat are reportedly not alone in their pursuit of Donovan Mitchell.
The Washington Wizards, Toronto Raptors, Charlotte Hornets, Sacramento Kings and Atlanta Hawks have expressed interest in trading for the All-Star guard, per Shams Charania of The Athletic and Stadium.
The Knicks remain the favorite to land Mitchell thanks in large part to their ability to trade up to eight future first-round picks. However, Charania reported negotiations have been progressing "slowly," and the two sides are nowhere close to reaching a trade.
The Jazz have been "patient" in trade talks, letting the market play itself out rather than jumping on the first offer. Mitchell has three years remaining on his contract, so the team can afford to be patient—even as it's become obvious the front office is angling for a full-scale rebuild.
Utah began its offseason by trading three-time Defensive Player of the Year Rudy Gobert for a haul that included zero players who will improve the team next season. Patrick Beverley, Malik Beasley and Jarred Vanderbilt all have some value individually, but they were largely salary flotsam as the Jazz added four future first-round picks and 2022 first-rounder Walker Kessler.
Given the Jazz's strategy in trading Gobert, the Knicks' haul of draft picks makes them an obvious fit. It's likely Utah will want to top—or, at the very least, match—the four first-rounders the team received for Gobert in Mitchell talks. If the Knicks are willing to meet the asking price, they have enough mid-level salaries they can throw together and send Utah's way for Mitchell without moving Julius Randle or RJ Barrett.
None of the other teams mentioned in Charania's report has the same level of draft-pick compensation available. The Wizards could include future first-round picks along with 2022 first-rounder Johnny Davis and other pieces. The Raptors are probably out of the picture given their continued unwillingness to include Scottie Barnes in any talks. The Hornets don't have any All-Star-caliber young players besides the untouchable LaMelo Ball. The Hawks and Kings have made significant moves in recent months that have depleted their asset coffers.
The overwhelming likelihood is that Mitchell is playing at Madison Square Garden or in Salt Lake City when the 2022-23 season tips off.