The Bucks aren’t feeling pressure to trade Giannis Antetokounmpo ahead of Thursday’s deadline, sources tell Jamal Collier of ESPN.

Although an Antetokounmpo deal in the coming hours remains a possibility, several signs are pointing toward the saga carrying over into the offseason as the 2:00 pm CT deadline nears, Collier writes.

The Knicks and Warriors appear to have backed off their pursuit of the two-time MVP, leaving the Heat, Timberwolves, and any potential mystery teams as the suitors still in the running. But even those clubs still involved have become increasingly dubious that a trade will happen today, Collier notes.

It’s not uncommon for a team to seriously explore the possibility of trading a star player at the deadline and then revisit those conversations in the offseason. The Pelicans memorably took that route with Anthony Davis in 2019 before trading him to the Lakers that summer. The Suns took a similar path with Kevin Durant a year ago, discussing deals in January and February and then holding onto him until July, when he was sent to Houston.

While this is the closest the Bucks have ever come to trading Antetokounmpo, it’s also still not an absolute lock that he’ll be wearing a new jersey by opening night of next season.

According to Collier, Milwaukee has continued to explore the trade market for opportunities to upgrade its roster, hoping to find a buy-low opportunity with a trade partner looking to shed long-term salary. The Bucks have been linked to Grizzlies point guard Ja Morant, for instance.

Antetokounmpo said in a conversation with the Milwaukee Journal Sentinel this week that he still holds great affinity for Milwaukee and would prefer to remain with the Bucks if they could give him a legitimate chance to compete for a championship. He reiterated that message during a separate discussion with Eric Nehm of The Athletic when asked if he’d commit to another season in Milwaukee if the Bucks could build a roster capable of winning 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,” Antetokounmpo said. “One million percent.”

Still, it will be extremely challenging for the Bucks – who have a 20-29 record this season – to improve their roster that significantly, given their limited trade assets. The team currently has just one tradable first-round pick, in either 2031 or 2032.

The Bucks may also not be motivated to continue pursuing win-now moves if Antetokounmpo isn’t willing to commit to them beyond next season — he becomes extension-eligible this October and could reach unrestricted free agency as soon as the summer of 2027 if he doesn’t sign a new deal before then.

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