The Milwaukee Bucks are weighing multiple trade proposals for two-time MVP Giannis Antetokounmpo as Thursday’s 2:00 p.m. CT deadline approaches, according to several national reports.
Four teams in the bidding
ESPN’s Shams Charania told SportsCenter on Monday night that the Golden State Warriors, Miami Heat, Minnesota Timberwolves and New York Knicks have all made formal offers. Milwaukee has issued counterproposals while seeking either a young “blue-chip” player or a large cache of first-round draft picks, Charania said.
• Warriors: described as putting forward a package heavy on draft capital.
• Timberwolves: said to be focused on player assets.
• Heat: characterized as offering a balance of players and picks.
Knicks, Wolves short on first-rounders
Neither the Knicks nor the Timberwolves currently control an unprotected first-round pick they can send to Milwaukee. New York technically owns Washington’s 2026 first-rounder, but top-eight protection could convert it into two second-round selections, limiting its appeal.
Earlier Monday on SportsCenter, ESPN’s Brian Windhorst reported the Knicks have spoken with the Bucks but are not behaving “as though they plan to go all-in.” Windhorst said New York would likely need a third team to acquire additional assets and has not actively pursued that option.
Timberwolves pushing, Heat package detailed
On NBA Today, Windhorst labeled Minnesota a “long shot” yet “aggressive,” noting the Wolves are recruiting outside teams to strengthen their bid and could pivot to a guard if Antetokounmpo proves unattainable.
The Miami Herald’s Barry Jackson reported that Miami’s offer is expected to include rookie center Kelel Ware, guard Tyler Herro, the expiring contract of Terry Rozier, at least one more young player, first-round picks in 2030 and 2032, plus potential pick swaps in 2026, 2029 and 2031. Because of the Stepien Rule, the Heat must acquire another first-rounder to add a third pick or amend protections on the pick they owe the Hornets.
Uncertain outlook
Speaking on SiriusXM NBA Radio, veteran reporter Marc Stein said rival clubs are “trying to gauge how serious the Bucks are” about moving their franchise cornerstone. While Milwaukee is holding more substantive talks than ever before, Stein noted the organization still hopes to persuade the nine-time All-NBA forward to remain with the Bucks.
The league will find out by Thursday afternoon whether Milwaukee accepts one of the current offers, continues negotiating, or postpones any decision until the offseason.
Source: Hoops Rumors
