Although the Bucks are more willing than ever to consider trading two-time MVP Giannis Antetokounmpo, the widespread expectation around the league is that the Giannis saga will extend to at least Thursday and potentially well beyond that, according to Tim Bontemps and Brian Windhorst of ESPN.
As Bontemps and Windhorst note, general manager Jon Horst and the Bucks won’t want to rush into an Antetokounmpo trade without making sure they’re getting the best deal they can. Three sources who spoke to ESPN speculated Milwaukee will decide not to pull the trigger until the offseason.
“I’m just not sure why it wouldn’t make sense to wait,” an Eastern Conference scout said. “They can see where the draft (lottery) is, and survey their options then.”
Several of the teams involved in the Antetokounmpo sweepstakes will be in position to offer stronger trade packages in the summer. For example, the Knicks don’t have any of their own first-rounders to move now, but could put two (2026 and 2033) on the table in the offseason. The Heat have two of their own first-round selections available right now, but could offer as many as four (one would be conditional) in June.
Additionally, Bontemps and Windhorst write, the fact that Antetokounmpo is currently out indefinitely due to a calf strain is another factor for the Bucks to consider as they decide whether or not to wait. If Milwaukee plans to pivot into tank mode to improve its 2026 first-rounder (the team controls the last favorable of its own pick and the Pelicans’ pick), hanging onto the superstar forward and shutting him down may be the best way to do so.
Here’s more on Antetokounmpo:
- Appearing on The Zach Lowe Show (Spotify link; 19:00 mark), Howard Beck of The Ringer suggested the Lakers may appeal to Antetokounmpo as a landing spot. “I was told recently that the Lakers were a team to keep an eye on from Giannis’ standpoint, just as another team of interest,” Beck said. However, he acknowledged that Los Angeles probably doesn’t have the pieces necessary to make a strong offer, at least until the offseason. The Lakers can only offer one first-round pick (2031 or 2032) right now, but could include up to three (2026, 2031, and 2033) in an offseason package.
- While one Thursday report suggested Antetokounmpo is intrigued by the idea of teaming up with Tyrese Maxey in Philadelphia, there has been no indication to this point that the Sixers are planning to make a play for the nine-time All-Star. In fact, Kyle Neubeck of PHLY Sports (Twitter link) spoke to a league source who “completely shot down” the idea that Philadelphia would be willing to include standout rookie VJ Edgecombe in an offer for anyone on the trade market, including Giannis.
- Michael Grange of Sportsnet.ca spoke to several sources around the NBA about what it would take for the Raptors to acquire Antetokounmpo, and the general consensus was that the Bucks would be unlikely to make a deal that doesn’t include Scottie Barnes. One executive who talked to Grange suggested that Toronto could still make a competitive proposal centered around draft assets (four first-round picks and three pick swaps) and promising youngsters like Collin Murray-Boyles and Jamal Shead, but Grange views either scenario as a long shot.
- In the latest episode of the Hoop Collective podcast, ESPN’s Brian Windhorst (YouTube link) observes that teams pursuing Antetokounmpo will have to determine not just whether they’re comfortable giving up a huge trade package for him, but also whether they want to do a four-year extension projected to be worth $275MM when he becomes eligible in October. That contract would begin in 2027/28, his age-33 season. “I think most teams would say yes, but I’m not sure everybody would. In fact, I know that,” Windhorst said. “There’s one team I talked to who would be able to put a package together, a pretty compelling package, and they said, ‘We’re just not crazy about that contract, with our other options that we can do. Just don’t know if we want to commit to $275MM to him.’ And you can’t trade all that stuff if you’re not that committed to him.”
