Teams Holding Onto Assets For Potential Giannis Antetokounmpo Trade
Giannis Antetokounmpo and Bucks officials have both attempted to quash speculation about a potential trade over the past two weeks, but teams around the league continue to closely monitor the situation, according to two prominent NBA observers.
ESPN’s Brian Windhorst said during a recent appearance on NBA Countdown (YouTube link) that numerous deals are on hold because rival teams aren’t convinced that Antetokounmpo won’t be moved by the February 5 trade deadline. General managers are reluctant to part with assets that could be useful if the two-time MVP were suddenly to become available over the next two-and-a-half weeks.
“The biggest question in the NBA right now is are the Bucks really going to stand for this and is Giannis really going to stand for this,” Windhorst said. “And I know what Giannis has said on the record and I know that the Bucks have been out there trying to buy, but I’m telling you when I talk to people in the league, they’re still holding, waiting to see. … There are deals that are on hold … because teams still aren’t 100% sure whether Giannis is going to be on the team the rest of the year, and these last few games have made them even stutter some more.”
NBA insider Zach Lowe identifies the Hawks, Warriors, Lakers, Heat and Knicks as teams that are “considering holding onto their assets for a potential pursuit of Giannis Antetokounmpo now or in the summer” (Twitter video link). Lowe notes that Antetokounmpo, who’s signed through next season and holds a $62.8MM player option for 2027/28, will become eligible for an extension in October.
“If he doesn’t take that extension, that’s the same things as basically demanding a trade,” Lowe said. “… Right now, the Bucks are only 5-5 since he came back from injury. They are getting shellacked every second that he’s off the floor on the bench resting. They’re still in 11th in the East, and the time to convince him that this group can actually do anything serious might be now.”
Lowe suggests the Bucks should target Grizzlies guard Ja Morant in their search for immediate help. Morant, who had 24 points and 13 assists on Sunday as he returned from a right calf injury, has been among the most prominent names on the trade market, but he said after the game that he’s a “loyal guy” and prefers to stay in Memphis.
“The whole league is watching,” Lowe added. “If they slide any further down the standings, if they can’t even get up to 10th or ninth in the East, does Giannis push the button now instead of waiting until the summer? It’s the biggest story in the NBA potentially.”
Milwaukee is coming off a miserable week, dropping three straight games, including an 18-point loss to San Antonio and a 33-point loss to Minnesota. At 17-24, the team is still only 1.5 games behind 10th-place Atlanta for the East’s final play-in spot and 2.5 games in back of ninth-place Chicago.
The Bucks have sent out strong indications that they’ll approach the trade deadline as buyers in hopes of making a late-season run. But they have limited trade assets available and are reportedly reluctant to part with their lone tradable first-round pick (in either 2031 or 2032).
Even if Milwaukee manages to earn a playoff spot, there’s no guarantee that will satisfy Antetokounmpo, who has stated repeatedly that he wants to win another championship before he retires. Regardless of the Bucks’ official position, teams are preparing for the possibility that a trade might happen by the deadline.
Warriors Notes: Hield, Butler, Richard, Kerr, More
Veteran guard/forward Buddy Hield capitalized in his unexpected return to the Warriors‘ rotation during Saturday’s win vs. Charlotte, writes Dalton Johnson of NBC Sports Bay Area. Hield, one of the most prolific three-point shooters in NBA history, has struggled from long distance in a limited role this season, converting just 32.7% of his outside attempts.
Hield got an opportunity to play Saturday because Jimmy Butler was a (very) late scratch because of personal reasons. The 33-year-old finished with 14 points (on 5-of-8 shooting), three rebounds, three blocks and two steals in 18 minutes.
“It was great. He’s one of the best teammates I’ve ever seen,” head coach Steve Kerr said. “Just the way he conducts himself. His energy, his joy — whether he’s playing or not — it’s just the light that he brings to the locker room every day is infectious and powerful. He’s just an incredible guy to coach. I was happy for him that he had that night given that he’s been out of the loop for a while.”
Here’s more on the Warriors:
- Butler was announced as a starter during pregame player introductions, so the crowd at Chase Center was confused when rookie Will Richard — not Butler — was part of the starting lineup, Johnson notes. General manager Mike Dunleavy Jr. told Kerr that everything was OK with Butler, according to Johnson (Twitter link).
- Monte Poole of NBC Sports Bay Area shares his takeaways from Saturday’s victory, which featured solid performances from Richard (11 points, six rebounds, five assists, three steals), De’Anthony Melton (24 points, six rebounds, three assists) and Brandin Podziemski (16 points, seven assists, six rebounds, two steals), among others.
- Kerr said prior to Saturday’s game that he doesn’t think another team will be able to break Golden State’s regular season record of 73 wins, which came back in ’15/16, as Nick Friedell of The Athletic relays. “I remember at the time I thought, ‘No way,’” Kerr said. “And then, about a month ago, I thought it would be broken. And now, I don’t think there’s any way anybody’s gonna break it again. It’s such a difficult thing, but Oklahoma City looked like they were on their way to doing it. But the reason it’s so hard is just you have to have good health — you have to have some luck. And most teams probably aren’t going to push themselves that hard to get there. It’s so difficult. My guess is it won’t be broken.”
Western Notes: Sabonis, Kuminga, Gobert, Pelicans
Domantas Sabonis made a solid return to action on Friday, as the Kings big man posted 13 points, six rebounds and five assists while coming off the bench in a win over Washington. Sabonis missed 27 games due to a partially torn meniscus in his left knee.
“His energy was good,” Kings coach Doug Christie said, per Jason Anderson of the Sacramento Bee. “He ran the floor well. He looked really good. I thought he got a little gassed in my opinion at one point, but fantastic.”
Sabonis was relieved to get back in action.
“I’m just happy I was able to play,” Sabonis said. “You really miss it when you’re gone for so long.”
We have more from the Western Conference:
- Warriors coach Steve Kerr admits the Jonathan Kuminga trade demand is a difficult situation for all parties involved, Dalton Johnson of NBC Sports Bay Area writes. “There’s not a whole lot I can say about the other stuff,” Kerr said. “It is what it is. Difficult situation for everybody. Part of this league, part of this job. We just keep moving forward. But it’s a tough situation and I don’t really have much to add.” Kuminga was in attendance for a rare home shootaround at Chase Center before the Warriors played the Knicks. Once reporters were allowed in, Kuminga sprinted off the court without comment.
- Rudy Gobert had a nightmarish outing on Friday and he took the blame for the Timberwolves‘ loss to the Rockets. The veteran center made just two of 10 free throws, committed two crucial turnovers and made some uncharacteristic defensive mistakes in the late going, Jon Krawczynski of The Athletic notes. “Just a lot of plays, man. Mistakes. Free throws. A lot of things that I can control,” Gobert said. “I definitely cost us the game. I take responsibility for that. I’ve got to be better.”
- The Pelicans lost the battle of conference cellar-dwellers on Friday, falling to Indiana. The Pacers racked up 127 points, their third-highest total this season. “The biggest thing is they had 20 more shots on goal,” Pelicans interim coach James Borrego said, per Rod Walker of NOLA.com. “We did enough offensively, even though I don’t think the second half was great offensively. But we just didn’t get enough stops.”
Santos Out At Least Saturday Due To Left Ankle Sprain
- Warriors forward Gui Santos will be sidelined for Saturday’s game against Charlotte after spraining his left ankle in the first quarter of Thursday’s win over New York, writes Dalton Johnson of NBC Sports Bay Area. It’s possible Santos, who has been a rotation regular of late, could miss additional time as well. “It’s a big loss,” head coach Steve Kerr said after Friday’s practice. “The energy, the offensive rebounding but also the size. When we go to him and Gary [Payton II] we’re generally playing him at the four next to Draymond [Green] at the five. He’s a rebounder, especially on the offensive side, and a great screener. But the size that he brings will be missed.”
Trade Rumors: MPJ, Kuminga, Raptors, Rockets, Clippers
Recent reporting from ESPN and The Athletic indicated that the Warriors haven’t engaged in any substantive talks with the Nets about Michael Porter Jr. Dalton Johnson of NBC Sports Bay Area also hears Golden State has been “hesitant” to pursue Porter and suggests the team’s interest in the veteran forward has been overstated.
According to Johnson, if the Warriors do make a run at Porter, it would likely require a third team, as the Nets aren’t interested in Jonathan Kuminga.
However, Grant Afseth of DallasHoopsJournal.com has heard differently, citing sources who say the Warriors are not only interested in Porter but have “something brewing” in regard to the 27-year-old ahead of the February 5 trade deadline. As Afseth writes, Porter is having a career year in Brooklyn and scouts think he could help just about any team.
Here are a few more trade rumors from around the NBA:
- Both Johnson and Afseth confirm the Lakers are a team to watch for Kuminga, who demanded a trade on Thursday, the first day he was eligible to be moved. President of basketball operations Rob Pelinka likes Kuminga’s game, sources tell Johnson, and the Lakers think the 23-year-old would provide athleticism on the wing alongside Luka Doncic. Still, it’s unclear if the two Pacific Division rivals would make an in-season trade, Johnson notes.
- Although the Raptors have been described as a buyer heading into the deadline, Afseth’s sources refer to Toronto’s approach as being “opportunistic” in search of potential buy-low opportunities. That may be why the team has been linked to stars like Anthony Davis, Domantas Sabonis and Ja Morant, all of whom have dealt with significant health issues this season.
- Houston’s front office isn’t overreacting to the Rockets‘ recent struggles, writes Kelly Iko of Yahoo Sports. Team sources tell Iko the Rockets have discussed trade concepts with approximately half the teams in the league, but no deals are imminent and they aren’t aggressively searching for upgrades. Opposing teams have checked in on the availability of Tari Eason, Clint Capela and Dorian Finney-Smith, Iko adds.
- There was speculation that the Clippers might be a seller after a miserable start to the season, but now they’re considered a possible buyer after reeling off 11 wins in their past 13 games, per Afseth, with John Collins and Bogdan Bogdanovic viewed as potential trade candidates. Collins is on an expiring $26.6MM contract, while Bogdanovic earns $16MM this season with an identical team option for 2026/27.
Scotto’s Latest: Clippers, Kings, AD, Hawks, Kuminga, Poeltl
The Kings and Clippers engaged in exploratory talks about a possible trade that would have sent forward DeMar DeRozan and guard Keon Ellis to Los Angeles in exchange for big man John Collins and another “small salary filler,” reports Michael Scotto of HoopsHype.
However, those conversations occurred before the Clippers reeled off 11 wins in their past 13 games, according to Scotto. While that doesn’t necessarily mean the talks are dead, the implication seems to be that L.A. is far less likely at this point to shake up its roster in a major way.
After getting off to a 6-21 start, the Clippers are now 17-23, tied with Memphis for the 10th-best record in the Western Conference.
Here are a few more items of interest from Scotto:
- Given how limited Anthony Davis‘ value will be this winter as he recovers from a hand injury, several NBA executives who spoke to HoopsHype predicted that the Mavericks will hang onto him for the rest of the season unless Dallas is content to essentially salary-dump him. The Hawks, the team most frequently connected to Davis, aren’t operating with any urgency now that he’s hurt again, per Scotto.
- Exploring whether any new teams can be added to the list of potential suitors for Jonathan Kuminga, Scotto says the Heat and Wizards were previously thought to be in the mix, but Miami’s interested has diminished and Washington is unlikely to seriously pursue the Warriors forward. Scotto does confirm that the Trail Blazers are believed to have some interest in Kuminga, as Kevin O’Connor of Yahoo Sports previously reported.
- In addition to doing so with Immanuel Quickley and RJ Barrett, the Raptors have also been gauging Jakob Poeltl‘s value on the trade market, Scotto writes. Poeltl is dealing with back issues this season and is owed $103.5MM over the next four years after this one, so it’s probably safe to assume he wouldn’t be a hot commodity.
Warriors’ Vets Say Kuminga Situation Not A Distraction
It was an eventful Thursday in the Bay Area, where the day began with forward Jonathan Kuminga issuing a trade demand and wrapped up with a 126-113 victory over a New York team missing star point guard Jalen Brunson. After the win, head coach Steve Kerr and the Warriors‘ veteran stars made it clear that they don’t view the Kuminga situation as a distraction.
“Jonathan’s a great young guy,” Kerr said, according to Nick Friedell of The Athletic. “His teammates like him. He’s handling himself well. There won’t be a distraction.”
“Everyone around here can confidently say it won’t be a distraction because he is not a distraction,” forward Draymond Green told reporters, including ESPN’s Anthony Slater.
Two-time MVP Stephen Curry and six-time All-Star Jimmy Butler each conveyed a similar sentiment. Curry indicated that he’s focused on winning games and that the Kuminga situation will “resolve itself one way or the other.” Butler said his teammates “love JK,” adding that won’t change if he’s traded. Asked whether he wants to see the Warriors grant Kuminga’s trade request, Butler shut down the line of questioning, suggesting it wasn’t his place to weigh in.
“Hey, hey, hey, hey,” Butler said, per Slater. “It ain’t got nothing to do with me. I want JK to be happy. At the end of the day, that’s what I want. Whatever brings him his joy and his happiness, that’s what I want.”
Kuminga, the seventh overall pick in the 2021 draft, appeared to be on the verge of a breakout when he averaged 16.1 points per game and shot 52.9% from the field in 74 games in 2023/24. However, he missed significant time due to an ankle injury in ’24/25 and was held out of the rotation in several key games at the end of the season and in the postseason.
After a protracted restricted free agency standoff that saw him re-sign with the Warriors on a two-year, $46.8MM deal that includes a second-year team option, Kuminga opened this season in the starting lineup and played well, earning kudos from Kerr. But when the fifth-year forward and Golden State began to struggle and he dealt with another injury (this one affecting his knee), Kuminga was removed from the starting five and then taken out of the rotation altogether.
Although the 23-year-old hasn’t played in 14 consecutive games (and 17 of the past 18), Kerr insisted on Thursday that his relationship with Kuminga isn’t acrimonious, as Friedell relays.
“Our relationship is fine,” Kerr said. “There’s not a whole lot I can say about the other stuff. Just is what it is, a difficult situation for everybody. Part of this league, part of the job. So we just keep moving forward, but tough situation. I don’t really have much to add.”
As we outlined on Thursday, the Kings remain very much in the mix for Kuminga, though they’re not willing to offer as strong a package as they did during the offseason. The Lakers and Mavericks are among the other teams rumored to have some level of interest. Golden State has until February 5 to make a deal, and if Kuminga does get moved, Green is optimistic about his teammate’s ability to “reach his full potential” with his new team.
“Wherever that is in this league, it’s not always how we envision it,” Green said, per Friedell. “I’ve been so lucky and fortunate to play in one place for 14 years. How rare is that though? The reality is it’s more likely that it happens the opposite way than the way it’s going for myself or Steph, Klay (Thompson). 13, 14 years in one spot, it just doesn’t happen.
“So for a guy like that who’s drafted (with) the seventh pick, you expect it all to go the way you want it to go, the way you think it should go. And sometimes it just doesn’t work out that way. But that doesn’t make him any worse of a player. That doesn’t make this any worse of an organization. Sometimes things just don’t work out.
“… But I know how talented he is, I know how good of a teammate he is, I know how good of a person he is. And usually when you have those three things going for you, it works out in the end. So I have zero doubt that no matter what happens with him, whether it’s here or anywhere else, it’s going to work out for him in the end because he works his tail off and he’s a great person and a great teammate. And things work for those guys.”
Trade Rumors: Morant, Lakers, Pelicans, Mathurin, Kuminga
Although Ja Morant‘s time with the Grizzlies has been on a downward trajectory for a few years, tensions reached a boiling point at the end of October, when Morant received a team-issued one-game suspension, writes Brett Siegel of ClutchPoints.
Head coach Tuomas Iisalo reportedly challenged Morant’s “leadership and effort” following a loss to the Lakers in which the point guard was noticeably disengaged throughout the second half. Morant responded to Iisalo in a “tone deemed inappropriate.”
According to Siegel’s sources, the event led to a schism in Memphis’ locker room, with some players agreeing with Morant and some siding with the coaching staff. He never formally requested a trade, but the 26-year-old made it clear he couldn’t see a path forward with the Grizzlies in the wake of the suspension, Siegel adds.
The Heat hold a level of interest in Morant, Siegel confirms. The Kings are also hanging on the periphery of the situation, though they’d only be interested in acquiring Morant if the asking price was low enough — Sacramento is unwilling to part with draft assets in any talks for the two-time All-Star, sources tell Siegel.
Here are a few more rumors and notes from around the NBA:
- The Lakers are exploring the possibility of trading their 2032 first-round pick for two or three lesser-value first-rounders, according to Kevin O’Connor of Yahoo Sports (Twitter video link), who points out that Phoenix made a similar move last year in a deal with Utah. Jarred Vanderbilt and Gabe Vincent have both been made available as Los Angeles continues to search for a wing upgrade, O’Connor adds.
- The Pelicans are among the teams with interest in Pacers wing Bennedict Mathurin, league sources tell Siegel (Twitter video link). Indiana has checked in with New Orleans about second-year center Yves Missi, and Siegel wonders if the two clubs could potentially make a deal centered around those two players.
- Head coach Steve Kerr said Jonathan Kuminga‘s trade demand won’t cause any problems for the Warriors prior to Thursday’s game vs. New York, as Dalton Johnson of NBC Sports Bay Area relays. “It won’t be a distraction,” Kerr said. “Jonathan’s a great young guy. His teammates like him. He’s handling himself well. There won’t be a distraction.” Kerr said he spoke to Kuminga earlier in the day. “There’s not a whole lot I can say about the other stuff,” Kerr said. “It is what it is. Difficult situation for everybody. Part of this league, part of this job. We just keep moving forward. But it’s a tough situation and I don’t really have much to add.”
Warriors’ Jonathan Kuminga Demands Trade
Newly eligible to be dealt as of today, Warriors forward Jonathan Kuminga has demanded a trade out of Golden State, according to Anthony Slater and Shams Charania of ESPN.
Kuminga’s trade demand is something of a formality, since his desire for a change of scenery has been a poorly-kept secret for months.
The former No. 7 overall pick discussed potential deals with teams like Sacramento and Phoenix as a restricted free agent during the offseason, but those suitors didn’t have the ability to sign him outright to an offer sheet out of the Warriors’ price range and didn’t make a sign-and-trade offer compelling enough for Golden State to move him.
As a result, Kuminga ended up returning to the Warriors on a two-year, $46.8MM contract that features a team option for 2026/27. After opening the season in the starting lineup, he was moved to the second unit in November and eventually fell out of the rotation altogether. The fifth-year forward hasn’t seen any action since December 18.
The relationship between Kuminga and the Warriors has deteriorated to the point that virtually every party involved in the situation agrees a trade would be the best outcome, per Slater and Charania. Even team owner Joe Lacob, who has long been one of Kuminga’s top boosters in the organization, is “down” on the 23-year-old at this point, team sources tell Marcus Thompson II, Sam Amick, and Nick Friedell of The Athletic.
Still, Kuminga’s value has declined considerably in recent years and has fallen further during the first half of this season due to his DNP-CDs, so it will be difficult for the Warriors to get the kind of return they want. For instance, the Kings, who were offering Malik Monk and a 2030 first-round pick (top-12 protected) during the summer, remain interested in the forward but are no longer willing to include a first-rounder in their offer, according to The Athletic.
With Kuminga’s value at a low point, Warriors sources have insisted that the team would be comfortable keeping him on the roster beyond the trade deadline and revisiting the situation over the summer, according to both ESPN and The Athletic. While Golden State says it won’t make a deal unless it gets real value in return, per The Athletic, Slater and Charania say rival executives are skeptical of the Warriors’ posturing and believe Kuminga will be on the move before the February 5 trade deadline.
Phoenix is reportedly no longer interested in Kuminga, but there are other possible suitors in play. The Mavericks have also shown interest, Slater and Charania confirm, though one recent report suggested Dallas was only eyeing Kuminga as part of a potential deal involving Anthony Davis. It’s unclear if the Mavs would pursue Kuminga separately or if they just viewed him as an appealing piece within a larger return.
League and team sources confirm to The Athletic that the Lakers have some level in interest in Kuminga, though it doesn’t sound as if the two teams have engaged in any real talks about him to this point.
The Warriors have been cited as a potential suitor for Nets forward Michael Porter Jr., but a team source tells The Athletic that there haven’t been substantial discussions between those two teams. Slater and Charania, meanwhile, cite league sources who say the Warriors haven’t talked to Brooklyn in over a month and have “never shown real interest” in making a move for Porter.
Golden State has been frequently linked to Pelicans wing Trey Murphy III, but there has never been any indication New Orleans wants Kuminga, and Joe Dumars‘ front office has been rebuffing inquiries on Murphy, ESPN confirms.
Here are a few more Kuminga-related items of interest:
- League sources tell Slater and Charania that the Warriors are prioritizing expiring salaries in a Kuminga deal and aren’t looking to take on multiyear contracts unless they view those contracts as “no-brainer positive value.” That’s why Golden State was never all that interested in a deal involving Monk, though sources tell ESPN that Kings guard Keon Ellis is a player who would intrigue the Warriors as a “potential sweetener.”
- For the right star, the Warriors would be open to moving multiple first-round picks, per Slater and Charania. Team sources tell ESPN that Golden State is more willing to part with its 2026 first-rounder than with picks in 2028 and beyond.
- It looked like Kuminga would get a chance to return to the Warriors’ rotation on January 2 with several regulars sidelined for health reasons, but he was a late scratch due to lower back soreness. According to Thompson, Amick, and Friedell, that turn of events created some frustration within the organization, with multiple team sources telling The Athletic they suspect Kuminga wasn’t actually injured. “I wouldn’t have played either,” one Warriors player said. “It’s clear the coach doesn’t believe in him.”
- Speaking of that coach, Steve Kerr was among the members within the organization who was in favor of drafting Franz Wagner with the seventh pick in the 2021 draft, team sources confirm to The Athletic. Wagner ended up being picked eighth overall by Orlando after the Warriors took Kuminga due to their desire to add “athleticism and potential star power” to the roster.
Eleven More Players Become Trade-Eligible
Today is Thursday, January 15, which means that a total of 11 players who signed free agent contracts meeting specific criteria this past offseason are now eligible to be traded.
Most offseason signees became trade-eligible on December 15, but players who met the following criteria were ineligible to be moved for an extra month:
- The player re-signed with his previous team.
- He got a raise of at least 20%.
- His salary is above the minimum.
- His team was over the cap and used Bird or Early Bird rights to sign him.
These are the 11 players who met that criteria and are eligible to be traded as of Thursday:
Santi Aldama (Grizzlies)- Josh Giddey (Bulls)
- Quentin Grimes (Sixers)
- Isaiah Jackson (Pacers)
- Jonathan Kuminga (Warriors)
- Tre Mann (Hornets)
- Sam Merrill (Cavaliers)
- Davion Mitchell (Heat)
- Paul Reed (Pistons)
- Naz Reid (Timberwolves)
- Ryan Rollins (Bucks)
Most of the players on standard 15-man rosters around the NBA are now eligible to be moved, though a small handful still can’t be dealt.
That group includes Kings guard Russell Westbrook, who becomes trade-eligible on Friday, Hawks guard Keaton Wallace (trade-eligible on January 18), Pelicans center DeAndre Jordan (Jan. 23), Knicks forward Mikal Bridges (Feb. 1), Lakers guard Luka Doncic (Feb. 2), Kings forward Precious Achiuwa (Feb. 4), and Spurs guard De’Aaron Fox (Feb. 4).
Additionally, there are several players who won’t become trade-eligible at all prior to this season’s February 6 deadline, including reigning MVP Shai Gilgeous-Alexander.
Players on 10-day contracts are also ineligible to be traded.