Giannis Antetokounmpo NBA Trade Rumors: Odds, Teams & Next NBA Destination
Giannis Antetokounmpo’s time with the Milwaukee Bucks is over. Not officially, mind you, while even a recently released interview by the New York Times sparked newfound hope that he may not leave Mil-town.
However, closer inspection of what The Greek Freak actually says in that interview, as well as what he’s been saying for months now, suggests a trade is just around the corner.
It’s still anyone’s guess as to who Giannis Antetokounmpo’s next team will actually be, or even when he will get traded. The speculation has run wild when it comes to these NBA trade rumors, and unless Thursday’s NBA trade deadline comes and goes without a deal being dropped, the buzz won’t stop.
DraftKings has a futures bet up right now for where his next regular-season minute will be played following the 2025-26 trade deadline. That begs two questions to be answered: will Giannis Antetokounmpo be traded, and where will he go if he’s dealt?
I’ll break down the latest Giannis Antetokounmpo trade odds and analyze how likely he is to be moved, and which team makes the most sense in a prospective deal.
Latest Odds for Giannis Antetokounmpo’s Next Team
| NBA Team | Odds of Rostering Giannis After Deadline |
|---|---|
Milwaukee Bucks | -160 |
Minnesota Timberwolves | +250 |
Golden State Warriors | +600 |
Chicago Bulls | +700 |
Miami Heat | +900 |
New York Knicks | +1600 |
Portland Trail Blazers | +2200 |
Philadelphia 76ers | +3000 |
Cleveland Cavaliers | +3000 |
Toronto Raptors | +3500 |
These are the teams with the best odds of trading for Giannis Antetokounmpo, while the Bucks are still favored to be the one to hold his rights once the NBA trade deadline has passed.
It’s an interesting betting market, simply because Giannis not being moved by the deadline doesn’t necessarily mean he doesn’t get traded this offseason. However, DraftKings explicitly lists it as a wager for just the 2025-26 NBA season.
That means whoever you pick for Giannis Antetokounmpo’s next NBA team, he has to play for them this year. This could be problematic, seeing as the Bucks have an incentive to find the best deal possible, and numerous teams that have serious interest have told them that they can sweeten the deal during the offseason.
Multiple teams are trying to convince the Bucks to wait until this summer to trade Giannis so they can send better offers, per @SIChrisMannix.
— Legion Hoops (@LegionHoops) February 4, 2026
While that may be true, Milwaukee’s leverage for the best possible deal could dry up before then. Giannis has also been public about not wanting to waste time and having a desire to contend right now. At age 31, who could blame him?
So, unless he signed off on the team tanking behind closed doors, he’d almost definitely want to return from his current calf injury and play after the NBA All-Star Break.
That has the makings of two ships passing in the night and going in very different directions. Still, there’s really good value with a lot of these Giannis trade odds. Either you believe he’s definitely staying put and you can hammer the Bucks at -160, or you can take a shot at plus money with anyone else that makes sense.
But which teams have a legit chance of trading for Giannis this season? I’ll break down the top contenders, my favorite sleeper pick, and end with my final Giannis Antetokounmpo trade prediction.
Why the Bucks Are Favored to Keep Giannis
Sometimes the markets price themselves. There is so much uncertainty surrounding this situation, as every single person attached to it is difficult to trust.
Milwaukee head coach Doc Rivers has said Giannis isn’t going anywhere, and Giannis himself dropped some compelling quotes in his recent interview that could be twisted as him saying he’s not leaving.
Giannis Antetokounmpo on if he would commit to another season with the Bucks if they were able to get back into position to win consistently
“You’re saying that if they can convince me to stay within the team, and the next year that we can compete? Oh yeah, 1,000 percent,”… pic.twitter.com/tPqeWcCsWZ
— Fullcourtpass (@Fullcourtpass) February 4, 2026
But a closer look might suggest that Rivers is simply delivering coachspeak and that Giannis is reflecting on the past more than he’s looking to the future when discussing the Bucks.
Favorites don’t always win, either, while a -160 price is nice if it pans out, but it’s far from a lock.
The reality is Milwaukee is well below .500, and they’re not even a playoff team as I write this, much less a title contender. The Bucks have tried ad nauseam to satisfy Gianni,s and still this is where they wound up – in salary cap hell with no clear path to title contention in sight.
Milwaukee could convince Giannis to stay by saying they’ll tank this year, offload bad contracts, and rebuild this summer. But there’s no guarantee that work,s and waiting only risks losing further leverage in Giannis trade talks.
The Bucks are an appealing bet at -160, and there is a chance he does get moved in the offseason, but this isn’t where I’d be investing my money with this betting market.
Top Contenders to Trade for Giannis
There are only four teams with odds better than +1000 to land Giannis Antetokounmpo, so it only makes sense that we should spend a little time on them.
Let’s do some quick vetting as to why these could be Giannis Antetokounmpo’s next team:
Minnesota Timberwolves (+250)
The Timberwolves have emerged as the top non-Bucks favorite to trade for Giannis. I can see it, as they have a win-now mentality and have a loaded roster. They are a deep and balanced team around ascending superstar Anthony Edwards, but they’re not quite at OKC’s level just yet.
Naturally, a big swing like this has the chance to put Minnesota at the forefront of the NBA Finals conversation. If they aren’t good enough as they stand, then why not give it a go, right?
The problem is there is a hangup as far as what the Bucks want and what Minnesota will give up (or even has).
Minnesota lacks the draft picks necessary to complete a deal like this, and reportedly are not too keen on the idea of giving up star 3-and-D swingman Jade McDaniels.
Bucks want Jaden McDaniels, multiple first-round picks in potential Giannis deal from Wolves, per @SIChrisMannix.
Without getting another team involved, Minnesota has no firsts to trade at deadline, could only offer 1 unprotected first-round swap in 2028.
— Underdog NBA (@UnderdogNBA) February 4, 2026
I tend to think he is very much worth sacrificing to land a top-5 NBA stud, but Minnesota may not budge. The other issue is due to the lack of picks; they may have to sacrifice a good amount of their depth in a deal like this.
That could include any of Naz Reid, Rudy Gobert, or Julius Randle. Suddenly, a deep and balanced team could be a two-man show that arguably got worse.
Due to so many question marks, the T’Wolves aren’t my top pick despite their current odds.
Golden State Warriors (+600)
This is the first one that makes some sense. Golden State is very much in win-now mode with star point guard Steph Curry only getting older, and they’ve been heavily involved in trade discussions.
Would landing Giannis move the needle for a 27-24 team that isn’t even presently a lock to make the playoffs? Considering the Warriors would probably have to sacrifice some of their depth to make a deal possible, it’s a fair question.
That said, Golden State badly wants this to happen, so much so that star forward Draymond Green seems to already have his bags packed.
Draymond Green on possibility that was his last game with the Warriors: “If it ends, what a f****** run it has been.”
He said he would not be “upset” if they trade him “if that’s what’s best for this organization.” pic.twitter.com/lhCx8OTfst
— Anthony Slater (@anthonyVslater) February 4, 2026
Green could be part of the solution in getting Giannis into the Bay Area, while the Warriors would have to give up a boatload of draft picks to incentivize the Bucks taking the bait.
Long-term, this is a bad landing spot for Giannis. But if he wants to contend immediately this year and next, it could be a destination that works for all parties involved.
Chicago Bulls (+700)
The Bulls have good odds to trade for Giannis, but this one seems unlikely. Chicago is below .500 at 24-27 at the time of this writing, so they’re not a whole lot better off than the team Giannis is currently on.
Chicago has some nice pieces to work with, but they aren’t close to contending, and any trade from Giannis would probably gut their roster. The team just traded away top center Nikola Vucevic, too, which likely further removes them from being a realistic trade partner.
Or it could be clearing room for a Giannis trade. After all, the Bulls should have plenty of reasons to facilitate this deal. They’ve been drowning in the murky waters of mediocrity ever since Derrick Rose left, so making a splash move for a superstar might be their only path back to relevance.
Chicago also has the draft capital to make a big move like this. They can get more value back by sending Coby White and others away in trades, while establishing their core with Giannis, Josh Giddey, and Matas Buzelis if he isn’t part of the trade.
Is that a title-contending core? Probably not. But it’s a start, and it’s not solely about which Giannis landing spot makes most sense for the player. Milwaukee could get a fat return in a trade with the Bulls, while Chicago could always convince Giannis to stay long-term in the house that Michael Jordan built.
It’s fun to think about and with +700 odds, and clearly somebody has been throwing money on Giannis to the Bulls. That said, this is easily the only Giannis trade destination that feels like a total waste of time for bettors.
Miami Heat (+900)
Next up are the Miami Heat, who arguably offer the most compelling mixture of young players and picks. Giannis has reportedly also been high on Miami as a landing spot, and the Heat have been aggressive in trade talks for months now.
Miami offers a really nice price for bettors considering how much of a chance they have of being Giannis Antetokounmpo’s next NBA team. There was admittedly a report recently that suggested they have broken off talks and will focus on other trades, of course:
The Heat have already changed course away from Giannis Antetokounmpo and are pivoting to other options, per @BrettSiegelNBA
(https://t.co/BDuyHcvaqk) pic.twitter.com/7gklmSAOux
— Fullcourtpass (@Fullcourtpass) February 4, 2026
If that’s actually true, then it could mean the Bucks simply have a better offer elsewhere that Miami can’t match or refuses to.
There has been a framework for a potential Giannis Heat trade, which likely starts with future picks and Milwaukee getting Tyler Herro, Kel’el Ware, and perhaps Terry Rozier to make the salaries align.
That is a strong deal for Milwaukee, and yet it wouldn’t take so much away from a deep Heat roster that Giannis couldn’t contend there right away. As far as appeasing both sides, this is undeniably the most attractive Giannis landing spot.
Other Contenders to Land Giannis Antetokounmpo
- New York Knicks (+1600)
- Portland Trail Blazers (+2200)
- Philadelphia 76ers (+3000)
These three teams are also in the mix and offer supreme betting value as longshots that may have a better chance than most people think.
New York has been salivating over the idea of trading for Giannis since last year. In fact, media pundits have been talking about a Giannis exit and aligning the stars to send him to MSG for years now.
How real it is remains to be seen, but the Knicks have a loaded roster that would make a trade very easy to figure out. The big issue would be draft pick compensation and which pieces the Bucks would want to pry away from New York.
Portland is also extremely interesting, as there is a lot of chatter about Giannis liking the idea of teaming back up with old teammates Damian Lillard and Jrue Holiday. Both are members of the Trail Blazers, while the team has a really nice young core with emerging stars such as Deni Avdija, Donovan Clinga, Shaedon Sharpe, and Scoot Henderson.
If any team is equipped to unload impressive talent in an effort to expedite their rise to contending status, it’s Portland.
Lastly, let’s not ignore the 76ers. Philly is another team with a lot of talent and depth, but they could still be one key piece from being the true favorite in the Eastern Conference.
Just imagine Giannis standing next to Joel Embiid and Tyrese Maxey gunning defenses on every possession. That is one sick trio that could be impossible to stop.
All it’d take to get a deal done? Dangling star rookie VJ Edgecombe, some more prospects, and some picks. Philly is absolutely a dark horse contender, as they fit the Giannis championship window, they have the tools to make a deal happen, and they have extremely favorable odds for bettors willing to take a risk.
The Top Sleeper Team to Trade for Giannis
Not getting enough value with all of these other possible Giannis Antetokounmpo landing spots? Then let’s go even bigger with the Oklahoma City Thunder. The defending champs have struggled with health and consistency a bit more than anyone thought they would, but as the top team in the NBA, they are clearly in play to repeat as league champs.
There are negative optics for Giannis here. He’d be joining a team literally coming off of a championship, so it’d be a dent in his legacy. However, OKC has draft picks, and they have gobs of interesting talent they can throw at the wall.
The Thunder could dangle Jalen Williams or Chet Holmgren in Giannis trade talks, moving from the most likely champion to a team virtually nobody has a chance against.
Obviously, the problem is that OKC may not see the point of messing with their chemistry. The roster they have is the one they built and won with, after all. Nothing we’ve seen this year really suggests they aren’t still the team to beat, either.
The Longshot Team to Land Giannis
Even if you’re betting on Giannis to stay with the Bucks at -160, you’re getting value. If you bet on any other team to trade for him and end up being right, you’ll more than double your money.
There is also a chance this is all for nothing, so taking a blind shot on a wild option simply might make life a bit more fun. If you go that route, consider doing it with the Denver Nuggets.
Denver is already in position to contend this year. The duo of Nikola Jokic and Jamal Murray has them closing in on second place in the Western Conference, but they still are a distant second to the Thunder, along with everyone else.
The Nuggets have some solid pieces they could send Milwaukee’s way, especially with youngster Peyton Watson emerging recently. On top of some nice players they could include in any prospective Giannis trade, the Nuggets have a few picks to include, but may need a third team to assist in a deal.
Of course, the point here is two-fold: the Nuggets are right there in terms of contending, and their +10000 odds are pretty alluring. Now it just comes down to them shocking the world.
Where Will Giannis Antetokounmpo Play Next?
Now comes the time for a final Giannis Antetokounmpo prediction. Milwaukee’s price keeps moving. Seriously, when I started writing this, they were a -135 favorite, and now they’re up to -160. That means people are betting on them enough to boost their line, and the betting public is forming a consensus that he isn’t getting traded before the deadline.
The New York Times interview and countless Giannis trade rumors being leaked have swayed bets, but I am sticking to my guns and saying I think he gets dealt. The only question is where?
Ultimately, the Bucks need to leverage what they have in their possession: a top-5 superstar with two years on his deal. If they wait to move him until after the trade deadline, his value drops, however, as it goes from two playoff runs worth of Giannis to him being a one-year rental.
If we’re looking at the big picture from all angles, I think all roads lead to the Miami Heat. They give Giannis a clear path to winning, a strong head coach, a front office committed to seeking championships, and he gets to stay in the East.
For Giannis, the Heat are a big win, and a long-term deal is also going to be on the table.
It’s a huge play for Miami, who are just 27-25, but are a bit better than their record shows. They are also the perfect team for a Giannis-led offense, as he takes care of business inside and when the defense collapses, their murderer’s row of outside shooters make opposing teams pay.
On the other side, the Bucks should come away plenty pleased, too. Tyler Herro and Kel’el Ware headline a solid trade in terms of talent going north, but the Heat also own their own first round draft pick this year, as well as 2029, 2030, 2031, and 2031.
The only question is the asking price. Are the Bucks demanding all of Miami’s young talent and all of their picks? Probably. Depending on what the true hangup is and how badly Miami wants Giannis, we could have a problem.
But winning doesn’t have a price. I think Pat Riley caves in the end, gives the Bucks a king’s ransom, and all sides walk away happy. It’ll be the end of an era, and it’ll be sad to see Giannis in another jersey, but anyone willing to slap a bet on the Heat at +900 probably won’t care.
