Bucks Begin Trade Talks for Giannis Antetokounmpo as Extension Deadline Nears

The Milwaukee Bucks have begun engaging with teams about a potential trade of two-time NBA MVP Giannis Antetokounmpo, signaling the franchise is preparing for what could become the biggest transaction of the offseason. Bucks ownership has stated the situation will be resolved by one of two outcomes: Antetokounmpo will sign a contract extension or be traded.

Co-owner Wes Edens said either Antetokounmpo will be extended or he will be traded, while co-owner Jimmy Haslam indicated the NBA Draft, scheduled for June 23, is a natural inflection point. The team is listening to offers and seeking a package of young talent, future first-round picks and salary relief, according to league sources. Antetokounmpo has one guaranteed year left on his contract worth approximately $58.5 million, followed by a player option for the 2027-28 season worth about $62.8 million. The Bucks are expected to push for an extension before an October 1 deadline.

Antetokounmpo has not formally requested a trade, but people close to the situation say he has grown frustrated with the direction of the organization. The Bucks missed the playoffs for the first time since 2016 with a 32-50 record. The 31-year-old...