A two-time Most Valuable Player could be on the move this week, with the Bucks listening to offers on Giannis Antetokounmpo and several clubs believed to be in pursuit of the superstar forward. However, teams around the NBA aren’t convinced that Milwaukee will actually pull the trigger on a deal involving Antetokounmpo within the next 50 hours or so.
According to Sam Amick of The Athletic, as of Monday evening, the offers on the table for Antetokounmpo were said to be “underwhelming” enough that most agents and rival executives he spoke to believe the saga will carry over into the offseason.
Jon Krawczynski of The Athletic (Twitter link) also cites a “healthy skepticism” across the league that the Bucks will move their longtime this week, while ESPN’s Brian Windhorst and Tim Bontemps share a similar sentiment.
“Everyone is preparing for this to happen in the summer,” one Western Conference executive told ESPN.
As Windhorst and Bontemps explain, a team like the Warriors – who can offer virtually all of their future first-round picks and swaps at this time – could put a similar pick-heavy offer on the table in the offseason. Meanwhile, some suitors who have a shortage of tradable first-rounders due to the Stepien and seven-year rules will have more flexibility to offer picks at this year’s draft when restrictions lift on certain selections, meaning they could improve their offers at that point.
The Bucks would also have clarity following the draft lottery about where their own first-round pick – and every other 2026 selection – will actually land. That would give them a better sense of the value of any 2026 first-rounders included in offers for Giannis, as well as an idea of what sort of potential cornerstone they could land with their own selection.
Additionally, Bontemps notes, there may be teams who expect to make a deep playoff run this spring and instead get bounced from the postseason early, prompting them to either enter the Giannis sweepstakes or to get more aggressive in terms of what they’re willing to offer for him.
Still, plenty of teams with interest in Antetokounmpo appear motivated to try to get a deal done now. The Warriors, Heat, Timberwolves, and Knicks have been the suitors cited most frequently, but they aren’t necessarily the only clubs in the mix. Windhorst said today during an ESPN Cleveland appearance (Twitter video link) that the Cavaliers are among the teams to call Milwaukee about Antetokounmpo too, and that they’ve also inquired on Mavericks big man Anthony Davis.
The Cavs aren’t permitted to aggregate two or more player salaries as long as they’re operating over the second tax apron, and both Giannis and AD have higher cap hits ($54MM+) than anyone on Cleveland’s roster, so the team would need to shed significant salary in order to realistically make a play for either star. The Cavs are currently operating about $14MM over the second apron.
While the Cavs may not end up making a blockbuster deal, it certainly sounds as if they’re more open than ever to discussing players who had previously been viewed as off limits, such as Darius Garland and Jarrett Allen, according to Windhorst (Twitter video link), who suggested that concerns about the current group’s championship upside and Donovan Mitchell‘s willingness to sign an extension in the offseason are likely driving Cleveland’s approach to the deadline.
The Bucks are believed to be prioritizing impact players in their Giannis trade discussions, says Amick, which could improve the Cavs’ chances for Antetokounmpo if they can figure out a way to make the money work. At this point, Cleveland only has one first-round pick to offer (either 2031 or 2032).
The Cavs don’t necessarily have to get below the second apron to make a significant shake-up though. They’re reportedly in talks with the Clippers about a possible deal involving Garland and James Harden, with NBA insider Chris Haynes (Twitter link) reporting within the past hour that the two teams have ramped up those conversations as they try to reach an agreement before Thursday’s deadline.
