
The Milwaukee Bucks failed to advance past the first round of the playoffs once again last season, continuing a pattern that has persisted since their 2021 championship run.
As a result, questions about the long-term future of Giannis Antetokounmpo have resurfaced across the NBA, with the latest reports pointing to a trade request submitted by Antetokounmpo last summer.
While Antetokounmpo ultimately chose to remain with the organization this offseason, the league-wide belief is that he will leave Milwaukee next summer at the latest, if a trade doesn't consummate before this season's trade deadline.
If the Bucks keep stumbling, interest in Antetokounmpo is expected to escalate quickly, even with his preference to land with the New York Knicks.
Giannis watch has taken another turn
— ESPN (@espn) December 4, 2025
Our NBA insiders examine five deals for Antetokounmpo that could reshape the 2026 NBA title race and beyond. https://t.co/1Jyn4YB7jn
ESPN’s Bobby Marks and Kevin Pelton came up with several realistic trade frameworks — including significant proposals from the Golden State Warriors, Atlanta Hawks, Houston Rockets, San Antonio Spurs, and Knicks.
In the scenario presented by Marks, the Warriors would receive:
Milwaukee, in exchange for their franchise player, would receive:
Marks described this type of blockbuster as a “Hail Mary” move for both sides.
For Milwaukee, the return offers two key objectives: adding controllable players who can contribute now, a strong locker room presence in Green, and plenty of assets to replenish their draft capital.
"Milwaukee could give Kuminga plenty of runway to see if he's a long-term keeper, reroute Green, a proven winner and still elite defender, to a contender, and extract the maximal pick package from Golden State, hoping that some of those outlying picks could be extremely lucrative once Stephen Curry retires," Marks wrote.
The long-term upside of the future Warriors picks holds appeal, especially with the possibility that selections in 2028, 2030 and beyond could gain value in a post-Stephen Curry era.
For Golden State, acquiring Antetokounmpo would represent an aggressive attempt to keep their championship window open while Curry remains a Dub.
"For the Warriors, a blockbuster trade would represent an attempt to break out of the funk that has plagued them this season," Marks wrote. "Adding Antetokounmpo would be a supercharged version of last season's trade for Jimmy Butler III and create a championship-caliber core, potentially with enough depth behind that star trio to scare the Thunder and the West's best teams."
Ultimately, Marks noted that while the Warriors deal may be the strongest in terms of draft capital, other teams, such as Atlanta, could still present offers (in this case, sending star point guard Trae Youngthe other way) that might appeal more to Milwaukee depending on their priorities.
Nonetheless, Golden State remains positioned as one of the few franchises capable of putting together a competitive bid for Antetokounmpo if Milwaukee opens discussions.
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