
Rubber has hit the road regarding Giannis Antetokounmpo’s future with the Milwaukee Bucks. ESPN NBA insider Shams Charania reported that, while the Bucks aren’t in any rush to trade the two-time MVP, they are finally listening to offers.
Later that day, four teams that Charania listed as potential suitors are the Miami Heat, Golden State Warriors, Minnesota Timberwolves and New York Knicks.
We already went over the Heat’s best possible package here. But how does it compare to their counterparts? Let’s examine!
Miami Heat:

- First-Round Picks: 2030, 2032
- First-Round Pick Swaps: 2026, 2029, 2030, 2031, 2032 (can only swap ’26/’29/’31 if they trade ’30/’32 outright)
- Young Assets (age-25 season or younger): Kel’el Ware, Jaime Jaquez Jr., Pelle Larsson, Nikola Jovic
- Big contracts ($20M or more): Tyler Herro, Norman Powell, Andrew Wiggins
- Other: Davion Mitchell
Skinny: Unless the Heat wait until draft night, their first tradable FRP won’t be for another half-decade, which stings if you’re comparing their best available package to the rest of the NBA (not just these three other suitors).
There could be some value in it with Antetokounmpo’s health age (he’ll be pushing 35-36). But the Heat don’t tank, and an Adebayo-Antetokounmpo frontcourt for the next half-decade is quite formidable.
Miami also has a pair of intriguing young pieces in Kel’el Ware and Jaime Jaquez Jr., in addition to Tyler Herro, Norman Powell and Andrew Wiggins.
New York Knicks:

- First-Round Picks: 2026 (via Wizards; top-8 protected)
- First-Round Pick Swaps: 2030, 2032
- Young Assets: Miles McBride, Tyler Kolek
- Big contracts: Karl-Anthony Towns, OG Anunoby, Mikal Bridges
- Other: Josh Hart, Mitchell Robinson, Guerschon Yabusele, Landry Shamet, Jordan Clarkson
Skinny: If the Bucks are looking for an intriguing young piece or a hefty amount of draft capital — well, the Knicks have neither.
They can only trade one first, which is top-8 protected by the tanking Wizards. They only have two swaps, and their best young player is Miles McBride. The Knicks’ only hope is to somehow trade either Towns or Bridges to another team, with those pieces being rerouted to Milwaukee.
And while I’m purely speculating, the likelihood of that doesn’t feel great.
Minnesota Timberwolves:

- First-Round Picks: —
- First-Round Pick Swaps: 2026 (top-8 protected; Jursazz), 2028, 2030 (top-1 protected; SAS)
- Young Assets: Jaden McDaniels, Rob Dillingham, Terrence Shannon Jr., Joan Beringer, Bones Hyland
- Big contracts: Rudy Gobert, Julius Randle, Naz Reid
- Other: Donte DiVincenzo, Mike Conley
Skinny: The Timberwolves are also bereft of draft capital. But they have one of the best rising young stars among these teams in Jaden McDaniels, plus big contracts they can wield in Gobert, Randle and Reid. I wouldn’t be surprised if they made a move for Giannis, but I still don’t think they have quite enough draft capital to complete a trade right now.
Golden State Warriors:

- First-Round Picks: 2026-29, 2031-32
- First-Round Pick Swaps: All of those years
- Young Assets: Jonathan Kuminga, Brandin Podziemski, Moses Moody, Will Richard, Trayce Jackson-Davis, Quinten Post
- Big contracts ($20M or more): Jimmy Butler (injured), Draymond Green
- Other: Buddy Hield, Al Horford, De’Anthony Melton
Skinny: Here’s the most dangerous team not named the Heat.
I do think the Kuminga/Butler smoke is slightly overblown; I don’t necessarily see why Milwaukee would want to take on those contracts for the greatest player in their franchise’s history. It would be different if Butler was healthy. He’s not, and his $$56.8 million, even as an expiring, would be difficult to move.
However, any Warriors pick beyond 2027 is quite valuable. Obviously, those picks lose a little value upon acquiring Antetokounmpo. But I also would trust Golden State’s front office far less than I would, say, Miami, to build a competent team around Antetokounmpo post-Curry. Those picks could have serious value, which makes it very intriguing for Milwaukee — even though this package likely makes it a long-er term build.
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How would I rank these teams, from the best packages to the worst, for Giannis Antetokounmpo?:
- Miami Heat
- Golden State Warriors
- Minnesota Timberwolves
- New York Knicks
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I hit the basketball pods pretty hard today. Zach Lowe thinks the Heat offer is probably the best one, and I respect his opinion. He said it’s probably something like Herro, Ware, JJJ, and Wiggins (who gets rerouted for more picks), plus a bunch of picks.
That leaves the Heat with Bam, Giannis, Norm, Mitchell, and Pelé as the starting lineup. Dru Smith, Jovic, and Fonteccio off the bench. Not a terrible 8-man rotation but it gets prettty thin from there. Heat basically only have the mid-level to improve next season, plus they need to resign norm. But (depending on the Norm contract) the summer after that they basically have Bam, Giannis, and max cap space the same time Donovan Mitchell becomes a free agent (who has the same agent as Bam and Giannis).
One other sobering reality, most NBA guys think the Bucks want to wait until the offseason so they can get more picks and know where this year’s picks are slotted. Plus more teams might get in on the bidding. This trade deadline might just be them fielding their first round of offers.
I m not sure if makes sense to wait till offseason, because offers will be different, not necessary better. GS needs this trade now, because off Currys age, to try to compete this year too. The same with Wolves and NY. Those offers might not be there in the offseason.
Miamis offer wont be the same either, because off expiring contract.
So in best bucks interest is to trade greek and other vets, tank hard and starts all over now.
I think the idea is that teams like Miami and Golden State can throw in another draft pick once we reach the offseason.
Also, teams like OKC or Houston might get bounced in the first or second round and decide to give up better packages than Miami or Golden State can realistically offer
Bucks want to wait til offseason, but doubt Giannis does. Lowe is a great source but his sources are still NBA front office executives. Most NBA reporters are amplifying the front office perspective and talking points on trades
It would be foolish to gut the team’s future any way you cut it. Miami will still need at least one more big to rotate with Bam and Giannis.
A Bam/Giannis frontcourt with Jovic (6’11/7′ wingspan) as the third big off the bench would be the best frontcourt in the NBA other than Jokic/Aaron Gordon. That lineup could use a backup 4th big, and that could be Goldin or someone signed at the vet minimum