After getting booted from the first round for the third consecutive year — and losing nine-time All-Star Damian Lillard to a possibly career-altering Achilles tendon tear — the Milwaukee Bucks find themselves in an unenviable place this summer.
The Bucks have minimal trade assets with which they can part. Offloading Lillard's massive contract will be near-impossible given his health trouble.
Thus, the team will essentially have no path for surrounding two-time league MVP Giannis Antetokounmpo, 30, with a championship-caliber supporting cast until Lillard either returns to his All-Star ways (although even then, he never looked quite comfortable alongside Antetokounmpo, and they never developed the pick-and-roll chemistry many expected) or is just permanently off the Bucks' books.
More Milwaukee Bucks News: Bucks' Giannis Antetokounmpo May Not Be Done With Milwaukee
Although Antetokounmpo has apparently at least crept up to the line of requesting a trade out of town in the past, his concerns were always sated by blockbuster deals for All-Star guards.
When Milwaukee traded a lot of its future draft equity to acquire Jrue Holiday in the 2020 offseason, that yielded the team's first title in 50 years the following summer. When the Bucks subsequently flipped Holiday and most of their other draft leverage to bring on Lillard during the 2023 offseason, the team's luck ran out.
The subtraction of Holiday, and the injury-related decline of Khris Middleton, effectively killed what had been the team's biggest asset around Antetokounmpo — its lethal perimeter defense.
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Now, the Bucks seem to have run out of options to return to their title-winning aways, at least while Antetokounmpo remains at or near his athletic prime.
If Antetokounmpo does demand a trade away from the only NBA team he's ever known, Sam Vecenie of The Athletic posits that the San Antonio Spurs would view him as their top trade priority this summer.
The Mavericks won the Cooper Flagg sweepstakes and the Spurs got the No. 2 pick at the NBA Draft Lottery.
— The Athletic (@TheAthletic) May 16, 2025
So, what have people around the NBA been talking about in Chicago this week at the NBA Draft Combine?@Sam_Vecenie has updates ⤵️https://t.co/EZcNyOqBUg pic.twitter.com/oUQxf7CEtu
"Another option should be on the table, though — if it presents itself," Vecenie writes. "It should come as no surprise that the main name league sources bring up as a potential Spurs trade target is Milwaukee Bucks superstar Giannis Antetokounmpo. With Giannis’ wrecking-ball interior game and [All-Star center Victor] Wembanyama’s silky smooth perimeter chops both as a shooter and ballhandler, the two are seen as a natural pairing that could lead to immediate success."
The Spurs possess the No. 2 pick in what's expected to be a loaded 2025 NBA Draft next month. Adding that, plus some young talent and future draft picks from a team with plenty of them to spare, could help ease Milwaukee's pain in parting with its best player since the artist formerly known as Lew Alcindor.
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For more news and notes about the Milwaukee Bucks, head on over to Milwaukee Bucks on SI.
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