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Miami Heat acquire Giannis Antetokounmpo in blockbuster trade with Bucks, according to reports

Miami Heat acquire Giannis Antetokounmpo in blockbuster trade with Bucks, according to reports

June 22, 2026
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The Greek Freak is relocating.

Milwaukee Bucks star Giannis Antetokounmpo was traded to the Miami Heat, according to news reports.

In one of the biggest trades in NBA history, the Heat acquired Antetokounmpo and Bobby Portis from the Milwaukee Bucks, in exchange for Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., Kasparas Jakucionis and a massive package of draft picks, ESPN and AP reported late Monday.

Milwaukee will receive the No. 13 pick in the 2026 NBA Draft. The Heat are sending unprotected first-round picks in 2031 and 2033 to the Bucks. Miami is also including a 2030 pick swap and a 2033 second-round pick in the trade.

According to ESPN, Milwaukee chose Miami’s offer over Boston’s because it provided more young talent, draft assets, and long-term flexibility.

The trade marks the end of Giannis’ legendary run in Milwaukee and the start of a new era for both franchises.

Antetokounmpo, 31, is one of the highest-profile players to ever be traded. He is a 10-time All-Star, two-time MVP, Defensive Player of the Year, Most Improved Player, NBA champion and Finals MVP.

Over 13 years and 895 games with the Bucks since being drafted in 2013, Antetokounmpo averaged 24.1 points, 9.9 rebounds and 5.0 assists. He has played in 84 playoff games, leading the franchise to an NBA title in 2021 after scoring 50 points in the championship-clinching Game 6.

Antetokounmpo has resisted requesting a trade in recent years despite the Bucks’ declining success. The team’s last-ditch effort last offseason was to waive the injured Damian Lillard and sign Myles Turner, which didn’t changed their fortunes. Milwaukee went 32-50 in 2025-26, with Antetokounmpo playing in just 36 games due to injuries.

Now on the Heat, Antetokounmpo will pair with Bam Adebayo as part of a loaded frontcourt. Pat Riley and Co. have plenty of work to do to fill out the roster with free agents, but the core of the team is now locked in.

Antetokounmpo will become eligible to sign a four-year, $275 million supermax extension on Oct. 1, 2026. If he doesn’t sign an extension, he could become an unrestricted free agent next summer in 2027 if he declines his $62.8 million player option.



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