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Jun 23, 2026

Giannis Antetokounmpo trade grades: Miami doesn't flinch at cost of acquiring a top-5 player

Story byYahoo SportsYahoo SportsVideo Player CoverMorten Stig JensenNBA contributing writerTue, June 23, 2026 at 5:33 AM UTC·2 min read

It finally happened.

After years of speculation, the Milwaukee Bucks have found resolution by trading former two-time MVP and 2021 NBA champion Giannis Antetokounmpo to the Miami Heat.

In return the Bucks received a package of young players and draft picks, specifically: Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakučionis, three first-round selections (the 13th selection in Tuesday's NBA Draft and unprotected firsts in 2031 and 2033), one swap option in 2030 and a second-round selection in 2033.

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Antetokounmpo's teammate, Bobby Portis, was also included in the deal.

Let's break down how each side did.

Bucks make the best of a mess they created

As reported by ESPN, the deal is expected to be completed July 6, meaning the framework of the trade can be expanded to include more teams should the Bucks and Heat decide to make additional changes.

However, assuming the framework remains as reported, this is a solid get for Milwaukee, even if it doesn't come close to what it could have acquired a year ago.

It underlines, yet again, that Milwaukee waited too long to move off Antetokounmpo, seeing as the Bucks seemingly juggled substantial offers from just two teams: Boston and Miami.

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Had they actively shopped Antetokounmpo a year ago, odds are good more teams would have gotten involved.

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