
Trade speculation surrounding Milwaukee Bucks superstar Giannis Antetokounmpo is intensifying, but sources make it clear: the Los Angeles Lakers are not currently among his preferred landing spots. According to NBA insiders, including Howard Beck and Shams Charania, Giannis’ first choice remains the New York Knicks. Should that not materialize, Miami emerges as a compelling alternative. Beck, speaking on The Zach Lowe Show, emphasized that Miami was consistently cited as a team Giannis “would really love to land if it’s not New York.”
The Heat presents a unique combination of star power, market size, and financial flexibility. With Bam Adebayo, Tyler Herro, and rising prospect Kel’el Ware, Miami can offer a competitive package while maintaining championship-level depth. Additionally, Adebayo and Giannis share the same agent, Alex Saratsis, which could streamline future negotiations and add credibility to the Heat’s pursuit.
Despite the ongoing rumors, Milwaukee remains steadfast. Brett Siegel of ClutchPoints reports that the Bucks are not entertaining trade calls for Antetokounmpo, effectively shutting down preliminary discussions. “Teams that have inquired about Giannis have basically been told no,” Siegel noted. Head coach Doc Rivers reinforced this position: “Giannis has never asked to be traded. Ever. This is out because we’re not playing well.”
Milwaukee’s caution is understandable. While the Bucks have struggled early in the 2025–26 season, posting a 10–15 record and losing 10 of their last 12 games, Giannis remains the linchpin of the franchise. Any trade at this stage would demand a near-impossible return — likely a combination of established stars, blue-chip young players, and multiple first-round draft picks.
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The Lakers, often linked to every major star trade rumor, are notably absent from Giannis’ top options. NBA reporter Jovan Buha explained the hurdles: “The Lakers have nothing that the Bucks will want for Giannis… I just don’t see the pieces coming back to equal Giannis… don’t see this happening.” Los Angeles lacks sufficient draft capital, young All-Star-caliber talent, and salary flexibility to compete with teams like Miami or New York.
Even Luka Dončić’s push within the Lakers organization cannot overcome these limitations. While Dončić reportedly inquired about the possibility of pairing with Giannis, league sources indicate the Lakers’ current assets — including Austin Reaves, whose $13.9 million contract is dwarfed by Giannis’ $54.1 million salary — are insufficient to build a credible offer. The only scenario where Los Angeles could realistically compete would involve either a major shift in Giannis’ preferences or significant asset accumulation over the next year or two.
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As the Bucks navigate a challenging start to the season, Giannis remains focused on basketball. Reports indicate he has emphasized to teammates the importance of avoiding distractions from trade speculation. Meanwhile, the Knicks and Heat maintain their status as frontrunners should Milwaukee reconsider.
For Los Angeles, the takeaway is clear: while the Lakers may continue to appear in headlines alongside Giannis rumors, their role is largely peripheral. Any hope of landing the Greek Freak will require extraordinary circumstances — from Giannis actively requesting a move to the Lakers, to the front office acquiring additional trade assets. Until then, the league’s attention remains squarely on New York and Miami, with the Lakers watching from the sidelines.
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