Giannis Antetokounmpo told at least one Milwaukee Bucks teammate during the summer that he believed a trade to the New York Knicks was close to materializing, multiple sources said this week. The two-time MVP gave Milwaukee a preference to be traded to New York, and the teams held discussions in August.
ESPN reported the Knicks were afforded an exclusive negotiating window in August to make trade pitches to Milwaukee for Antetokounmpo. The talks did not progress beyond preliminary discussions, and no trade materialized.
The Knicks continue to be cited as a team that must be mentioned in any credible discussion about Antetokounmpo’s future. New York does not currently have any tradeable first-round picks but possesses four swap rights available.
Antetokounmpo becomes eligible on October 1, 2026 for a four-year, $275 million maximum extension through the 2030-31 season. He could become a free agent as early as 2027 if he declines the extension.
If Antetokounmpo is traded, he can sign the same extension with his new team six months after the deal. The timing provides flexibility for both Milwaukee and any potential trade partner.
New York’s absence of tradeable first-round picks complicates any potential deal for Antetokounmpo. The Knicks surrendered significant draft capital in recent trades for Mikal Bridges and Karl-Anthony Towns.
Antetokounmpo’s affinity for playing in New York has been mentioned often, both publicly and privately. The Brooklyn Nets have been previously cited as a potential suitor for Antetokounmpo, but they have pivoted to another plan as that scenario is considered unrealistic.