Trade Rumors January 28, 2026 7 min read

BUCKS LISTENING TO TRADE OFFERS FOR GIANNIS ANTETOKOUNMPO

Two-time MVP expected to be moved before February 5th trade deadline as Milwaukee looks to rebuild for the future.

Giannis Antetokounmpo Milwaukee Bucks

Giannis Antetokounmpo has spent his entire 13-year career with the Milwaukee Bucks.

In what could be the most seismic move in NBA history, the Milwaukee Bucks have begun listening to trade offers for franchise cornerstone Giannis Antetokounmpo, according to multiple league sources. With the February 5th trade deadline rapidly approaching, teams around the league are scrambling to put together packages for the two-time MVP and 2021 NBA Champion.

A STUNNING REVERSAL

The news comes as a shock to the basketball world, as the Bucks have repeatedly insisted that Antetokounmpo would retire in Milwaukee. However, sources indicate that a combination of factors has led the organization to reconsider their position, including the team's disappointing 18-27 record and growing concerns about the 31-year-old's long-term health.

"This isn't a decision anyone wanted to make," said a source close to the organization. "But the reality is that the window to compete for championships has closed, and Giannis deserves a chance to win elsewhere while he's still in his prime."

"This is about doing right by Giannis. He gave everything to this city, and if we can't give him a championship-caliber team, we owe it to him to find one that can."

— Anonymous Bucks Official

THE INTERESTED TEAMS

League sources have identified several teams that have already reached out to Milwaukee about a potential deal. The Golden State Warriors, Miami Heat, New York Knicks, and Oklahoma City Thunder are believed to be leading the charge, each with different assets to offer.

The Warriors, despite losing Jimmy Butler to a season-ending ACL injury, remain interested in pairing Antetokounmpo with Stephen Curry for one final championship push. Miami sees Giannis as the missing piece to return to the Finals, while the Knicks view him as the franchise-altering star they've been seeking for decades.

POTENTIAL LANDING SPOTS

GOLDEN STATE WARRIORS

Could pair Giannis with Curry for a super team

HIGH INTEREST

MIAMI HEAT

Return to Finals contention with Greek Freak

HIGH INTEREST

NEW YORK KNICKS

Franchise-altering move for Madison Square Garden

HIGH INTEREST

OKC THUNDER

Young core plus assets makes them a dark horse

MONITORING

WHAT THE BUCKS WANT IN RETURN

Sources indicate that Milwaukee is seeking a massive haul in return for the generational talent. The Bucks are reportedly asking for multiple first-round picks, young All-Star caliber players, and salary relief to help facilitate a complete rebuild.

"They want the kind of package that Brooklyn got for Kevin Durant, maybe even more," said one Eastern Conference executive. "Giannis is younger and has more years left on his contract. The asking price is going to be astronomical."

30.8
Points Per Game
11.2
Rebounds Per Game
6.1
Assists Per Game
1.3
Blocks Per Game

GIANNIS'S REACTION

According to sources, Antetokounmpo was informed of the team's decision earlier this week and has given his blessing to explore trade options. While the Greek Freak has always expressed his love for Milwaukee and its fans, he understands the business realities of the situation.

"Giannis wants to win championships," said a source close to the player. "He loves Milwaukee, but he also knows this team isn't close to contending right now. If there's an opportunity to go somewhere and compete for titles, he's open to it."

"Milwaukee will always be home. The fans here changed my life. Whatever happens, I will never forget what this city means to me and my family."

— Giannis Antetokounmpo (via his representatives)

THE TRADE DEADLINE COUNTDOWN

With less than a week until the February 5th trade deadline, the clock is ticking for all parties involved. Teams interested in Antetokounmpo must move quickly to assemble competitive offers, while the Bucks must weigh their options carefully to ensure they receive fair value for one of the greatest players in franchise history.

League insiders expect the situation to develop rapidly over the coming days, with a deal potentially being finalized as early as this weekend. The Bucks are said to be fielding calls from at least eight teams, though only a handful have the assets to make a compelling offer.

TRADE DEADLINE TIMELINE

Trade Deadline February 5, 2026
Days Remaining 8 DAYS
Expected Decision IMMINENT

LEGACY AND IMPACT

Antetokounmpo's departure would mark the end of an era in Milwaukee. Since being drafted 15th overall in 2013, the Greek Freak has transformed from a raw, unknown prospect into one of the most dominant forces in basketball history. His 2021 championship run, capped by a legendary 50-point performance in Game 6 of the Finals, cemented his status as an all-time great.

For the Bucks, trading Giannis represents both an ending and a beginning. While fans will mourn the loss of their beloved star, the franchise has an opportunity to rebuild with a treasure trove of assets that could set them up for success for years to come.

NBA News Team

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