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Giannis Antetokounmpo Rumors: Wolves, Warriors, Heat, More

January 29, 2026 by Hoops Rumors

The Timberwolves are among the most serious suitors for Giannis Antetokounmpo, league sources tell ESPN’s Shams Charania. Charania reported on Wednesday that the Bucks star is “ready for a new home” and that Milwaukee is showing more willingness than ever to listen to offers for the two-time MVP.

While Timberwolves president of basketball operations Tim Connelly is one of the NBA’s most aggressive front office executives, it’s difficult to envision Minnesota putting together a package that would appeal to the Bucks. The Wolves don’t have any tradable first-round picks, so an offer would would have to be heavy on player value. With Anthony Edwards off the table, a package would probably start with Jaden McDaniels, Naz Reid, and Donte DiVincenzo.

As talented as those players are, none are All-Stars. Plus, ESPN’s Brian Windhorst (YouTube link) anticipates that the Bucks would be seeking a more draft-heavy return if they end up moving Antetokounmpo.

“They have to prioritize the draft,” Windhorst said. “This year’s draft and their pick situation going forward. Their future is going to be tied to (the) draft.”

Here are several more Giannis-related rumors, a week out from the February 5 deadline:

  • The Warriors have contacted the Bucks within the past week to convey their “firm” interest in Antetokounmpo and to make it clear they’re prepared to make a strong offer, reports Anthony Slater of ESPN. While Golden State isn’t actively shopping Jimmy Butler, he would be on the table in a Giannis scenario for salary-matching purposes, according to Slater, who adds that the Bucks have some interest in Warriors forward Jonathan Kuminga. Milwaukee native Brandin Podziemski could also be a factor in those trade talks, Slater notes.
  • Ira Winderman of The South Florida Sun Sentinel (subscription required) considers what the Heat‘s best deadline for offer for Antetokounmpo might look like, suggesting it would probably consist of Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, Terry Rozier‘s expiring contract, and Miami’s two tradable first-round picks.
  • The Rockets are unlikely to get involved in the Antetokounmpo sweepstakes, ESPN’s Tim MacMahon said in the latest episode of the Hoop Collective podcast (YouTube link). “I have been told that the Rockets will not be bidders,” MacMahon said. “Now, hey, nobody was under oath, but I’ve been told that repeatedly and I’ll say that they’ve got a pretty good track record of shooting me straight.”
  • MacMahon also doesn’t anticipate the Spurs being a player for Antetokounmpo. “I have been told by folks with the Spurs, ‘We’re not a home for Giannis,’” he said on the Hoop Collective podcast (YouTube link). “And there’s been a lot of smoke going back to the summer, but everything in San Antonio is about the (Victor Wembanyama) timeline, and this is a decade past the Wemby timeline when you bring in Giannis at his age.”
  • The Thunder have more than enough assets to make a strong offer for Antetokounmpo, but they shouldn’t – and likely won’t – seriously entertain the idea, according to Rylan Stiles of SI.com, who suggests that making a move for a veteran star like Giannis would shorten Oklahoma City’s window of championship contention.

Filed Under: Heat

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