Bucks trade superstar Antetokounmpo to Miami Heat

The Milwaukee Bucks traded organization superstar Giannis Antetokounmpo and Bobby Portis to the Miami Heat for Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, 3 1^st-round selections, 1 selection swap, and 1 2^nd-round selection.

Miami is sending to Bucks unprotected 1^st-rounders in 2031 and 2033, along with the 13^th selection, a selection swap in 2030, and a 2033 2^nd-rounder.

The exchange doesn’t feature any additional franchises – it is a 1-on-1 trade, but both Miami and Milwaukee will execute the deal on July 6^th, which still gives both teams a chance to expand. Last year, the Suns and the Rockets agreed to an exchange that ultimately increased to a historic 7-franchise deal.

Miami’s championship odds went from 30-1 (9^th shortest) yesterday to 18-1 (5^th shortest) at the moment after the trade announcement.

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Milwaukee is getting 4 basketballers in their twenties in the exchange. Tyler, who grew just outside his new team’s city, made the All-Star team last year and averaged almost 20 points per match over 7 campaigns with Miami. Hero appeared in just 33 matches in the past season after undergoing a procedure on his left foot at the beginning of autumn.

Full ESPN story on the Milwaukee Bucks dealing two-time NBA MVP and 2021 Finals MVP Giannis Antetokounmpo to the Miami Heat for a haul of players and picks, ending a 13-month trade saga: https://t.co/LEOOoEiHUe

— Shams Charania (@ShamsCharania) June 23, 2026