Overview

• Giannis Antetokounmpo has not requested a trade, despite a May report he was open-minded to one and months of speculation about his future.
• Rockets GM Rafael Stone said Bucks GM Jon Horst made clear Milwaukee was “not doing anything,” reinforcing that the team will only engage if Antetokounmpo asks out.
• Milwaukee reworked its roster and cap by waiving and stretching Damian Lillard—creating roughly $22.5 million in dead money annually for five years—and signing Myles Turner to a four-year, $108 million deal.
• Media outlets continue to float large hypothetical packages, including Andy Bailey’s five-team scenario sending Antetokounmpo to the Knicks and routing Karl-Anthony Towns to the Heat and Lauri Markkanen to the Spurs.
• ESPN’s Summer Forecast panel voted the Bucks most likely to “take a tumble” in 2025-26, citing a thin supporting cast and heavy reliance on Antetokounmpo for contention.