Bucks Trade Connaughton, Picks To Hornets For Micic
July 6: The Hornets have officially acquired Connaughton and the Bucks’ 2031 and 2032 second-round picks in exchange for Micic, the team confirmed today in a press release.
July 1: The Bucks have agreed to trade veteran forward Pat Connaughton and two second-round picks to the Hornets for guard Vasilije Micic, according to Shams Charania of ESPN (Twitter link).
The second-rounders heading to Charlotte will be Milwaukee’s own in 2031 and 2032, Charania adds.
As Yossi Gozlan of The Third Apron tweets, Micic ($8.1MM) only makes about $1.3MM less than Connaughton ($9.4MM) next season, but the Serbian has been repeatedly rumored to be seeking a return to Europe this summer, and could give up a significant portion of his salary in a buyout. Assuming that comes to fruition, it should give the Bucks enough cap room to sign Myles Turner after waiving and stretching Damian Lillard.
Connaughton, 32, was an important reserve for the Bucks when they won the title in 2021 and has been with the team for the past seven years. However, in part due to injuries, he hasn’t looked like the same player in recent years, having been out of Milwaukee’s rotation for much of 2024/25.
Connaughton averaged 5.2 points, 2.7 rebounds and 1.7 assists on .469/.321/.774 shooting in 41 regular season games last season (14.7 minutes per contest). He only played 14 minutes over three appearances during the Bucks’ first-round playoff series vs. Indiana, which Milwaukee lost in five games.
Charlotte will acquire a couple of second-round picks for taking on Connaughton’s expiring contract. The Hornets just reacquired Micic yesterday when the Mark Williams trade with Phoenix became official.
Giannis ‘Not Pleased’ With Bucks’ Decision To Waive Lillard?
Superstar Bucks forward Giannis Antetokounmpo is “not pleased” with the team’s decision to waive Damian Lillard, league sources tell NBA insider Chris Haynes (Twitter link).
In a shocking pair of moves, the Bucks will waive Lillard and stretch the $112MM+ remaining on his contract after the star point guard suffered an Achilles tear in April, and will sign standout free agent center Myles Turner to a four-year, $107MM deal using the newly created cap room.
The Bucks’ aggressive approach to the offseason was certainly fueled by a desire to stay in contention in the short term and take advantage of Antetokounmpo’s prime years, with Lillard likely to miss most or all of 2025/26. So if Giannis isn’t happy about any of their moves, that’s problematic.
Still, it’s worth noting that ESPN’s Shams Charania has indicated Antetokounmpo was on board with the acquisition of Turner. Within his story on the Bucks’ moves, Charania writes that Antetokounmpo and Turner “both valued the opportunity to partner on the court.”
During an appearance on NBA TV (Twitter video link), Haynes suggested that Antetokounmpo may simply be reacting to the coldness of waiving Lillard – an accomplished and respected veteran star – shortly after he suffered such a major injury.
“He just didn’t like how it was handled,” Haynes said.
For what it’s worth, Lillard might view the situation as a win-win, Marc J. Spears of Andscape tweets, since adjusting to Milwaukee away from his family after spending the first 11 years of his NBA career in Portland had been a challenge for him. Now, he’ll still be paid in full by the Bucks while getting to become an unrestricted free agent, which will give him the ability to pick his own situation.
Lillard is expected to take some time to decide whether he wants to sit out this season or sign a multiyear contract and spend the season rehabbing with a team, tweets Barry Jackson of The Miami Herald. The Heat are among the teams expected to have interest, per Tim Reynolds of The Associated Press (Twitter link), though Jackson says the Oakland native will be “open to considering everything presented.”
As for Antetokounmpo, we’ll see whether he comes around on viewing the Lillard release as a necessary evil to land a player like Turner or whether the situation escalates from here. During his NBA TV spot, Haynes referred to it as “one more thing added to the equation” for Giannis as he considers whether he wants his future to be in Milwaukee or elsewhere.
Bucks Sign Gary Harris To Two-Year Deal
July 8: The Bucks’ deal with Harris is official, the team announced in a press release.
“We are excited to welcome Gary to Milwaukee,” general manager Jon Horst said in a statement. “Gary’s leadership and experience will provide further depth and stability to our backcourt, and his extensive playoff background will be instrumental during the postseason. We are thrilled for Gary to be a Buck.”
July 1: After making a pair of huge moves earlier on Tuesday morning, the Bucks have resumed filling out the edges of their roster. According to Shams Charania of ESPN (Twitter link), the team has reached an agreement on a two-year deal with free agent swingman Gary Harris.
While Charania doesn’t specify the financial details, it will likely be a minimum-salary contract for Harris. It will also include a second-year player option, Charania notes.
Harris, 30, saw his playing time decline in recent years in Orlando. He averaged just 14.8 minutes per game in 48 appearances in 2024/25, with averages of 3.0 points and 1.3 rebounds per night.
However, Harris has a long history of playing rotation minutes for both the Nuggets (2014-21) and Magic (2021-25) as a three-and-D wing. He has attempted 4.0 three-pointers per game over the course of his 11-year career and has knocked down 36.9% of them, including 38.8% since he arrived in Orlando as part of the Aaron Gordon trade in 2021. The veteran also earned praise from his Magic teammates this season for his play on defense, even in his limited role.
It has been a busy week so far for the Bucks. In addition to agreeing to terms to Harris, they’ve also struck deals to re-sign Bobby Portis, Kevin Porter Jr., Taurean Prince, and Gary Trent Jr. while unexpectedly landing a four-year commitment from Myles Turner and even more unexpectedly deciding to waive Damian Lillard and stretch his remaining salary to create short-term cap flexibility.
Bucks To Waive Damian Lillard, Stretch Remaining Salary
The Bucks are waiving injured point guard Damian Lillard and stretching the $112.6MM owed to him over the next two years across five seasons, reports ESPN’s Shams Charania (Twitter link).
The move will help create the cap room necessary in order for the Bucks to complete their four-year, $107MM deal with free agent center Myles Turner.
It’s a shocking development, but Milwaukee was expected to aggressive this offseason in its efforts to upgrade the roster and convince superstar forward Giannis Antetokounmpo that he can still contend for a championship with the Bucks. And Lillard, who sustained a torn Achilles during the first round of the playoffs this spring, wasn’t going to be able to contribute to a title chase in 2025/26, as he’ll almost certainly miss most or all of the season.
As we explain in our glossary entry, the stretch provision allows teams to spread out a player’s remaining guaranteed salary across twice the remaining years left on his contract, plus one. That means the Bucks will now carry cap hits of $22,516,603 for the next five seasons for Lillard, instead of paying him $54,126,450 in 2025/26 and $58,456,566 in ’26/27.
The move creates more than $30MM in extra spending flexibility for Milwaukee this season.
As Bobby Marks of ESPN notes (via Twitter), teams aren’t permitted to waive and stretch a player if the move would result in waived-and-stretched salary taking up more than 15% of a season’s cap. But 15% of this season’s cap works out to about $23.2MM, so Lillard’s figure sneaks in below that threshold.
This is the largest waive-and-stretch in NBA history, Marks adds (via Twitter).
A team that waives a player and stretches his salary isn’t permitted to sign him until after the original end date of his contract, so the Bucks wouldn’t be able to bring back Lillard this season or next season once he’s healthy.
Lillard, who will turn 35 this month, averaged 24.9 points, 7.1 assists, and 4.7 rebounds per game in 58 starts for the Bucks this season, posting a shooting line of .448/.376/.921. He missed time near the end of the season after being diagnosed with a blood clot in his calf. Although the star guard was able to return during the playoffs, he suited up in just three games before tearing his Achilles.
Bucks, Myles Turner Finalize Four-Year Deal
July 7: Turner is officially a Buck, per a press release from the team.
“We are thrilled that Myles chose our team and city!” general manager Jon Horst said in a statement. “He’s a winner and a dynamic player who fits us on both ends of the court. This is a big day for the Bucks and the Milwaukee community, and we are excited to welcome Myles and his family.”
July 1: Myles Turner is leaving Indiana after spending his entire 10-year career with the Pacers, according to Shams Charania of ESPN, who reports (via Twitter) that the veteran center has reached an agreement on a four-year, $107MM deal with the division-rival Bucks.
The contract will include a fourth-year player option and a 15% trade kicker, Charania adds.
According to Charania (Twitter links), Turner made it clear that he wanted to re-sign with the Pacers and tried to get a deal done with Indiana. However, ownership was reluctant to pay the luxury tax in 2025/26, particularly in the wake of Tyrese Haliburton‘s torn Achilles tendon.
Jake Fischer of The Stein Line also says (via Twitter) Turner wanted to remain with the Pacers, but hears they never offered him more than $60MM over three years.
Bucks GM Jon Horst worked with agent Austin Brown to secure Turner a nine-figure payday in a market with little cap space available, per Charania.
Turner’s floor-spacing and rim-protecting is somewhat similar to Brook Lopez, whom the Bucks lost to the Clippers in free agency. The big difference is Turner is 29, eight years younger than Lopez, and better fits Giannis Antetokounmpo‘s contention timeline.
Stunningly, the Bucks are waiving and stretching Damian Lillard — who also suffered a torn Achilles in the playoffs — to create the cap room necessary to sign Turner.
Turner helped the Pacers reach the NBA Finals for the second time in franchise history in 2024/25, pushing the heavily-favored Thunder to seven games before Haliburton’s untimely injury in the first quarter of the finale.
A former lottery pick (No. 11 overall in 2015), Turner averaged 15.6 points, 6.5 rebounds and 2.0 blocks on .481/.396/.773 shooting in 72 regular season games last season (30.2 MPG). In 23 playoff contests (29.3 MPG), Indiana’s longtime starting center averaged 13.8 PPG, 4.8 RPG and 2.0 BPG on .484/.344/.771 shooting.
This is just our speculation, but it’s possible that Indiana might pursue center Deandre Ayton in the wake of Turner’s departure. The Pacers are the team that signed him to a maximum-salary offer sheet three years ago and he’ll be a free agent soon after reaching a buyout with the Trail Blazers.
Lakers Rumors: DFS, Ayton, LeBron, Wiggins, LaRavia
After Dorian Finney-Smith turned down his $15.4MM player option for the 2025/26 season, the Lakers offered him a new contract, but it only covered two seasons, according to Dan Woike of The Athletic. The veteran forward instead agreed to a four-year, $53MM deal with Houston.
As Woike explains, the Lakers want to maintain as much future cap flexibility as they can in order to be able to pursue a star-level player to pair with Luka Doncic following LeBron James‘ eventual retirement.
That point has also been made by ESPN’s Dave McMenamin, who writes that the Lakers want to preserve 2027 cap room in the hopes of landing a maximum-salary player, and by Shams Charania, who discussed the subject on SportsCenter late on Monday night (Twitter video link).
“They are really prioritizing two-year contracts right now,” Charania said. “They want to have max-salary space in 2027.”
How that stance affects the Lakers’ search for a center remains to be seen. While Brook Lopez committed to the Clippers on Monday and Clint Capela agreed to a deal with Houston, it’s Deandre Ayton who has been the team’s top priority, according to Woike, who points out that Ayton and Doncic share the same agent (Bill Duffy).
It sounds like the Lakers are unlikely to offer more than two years to Ayton, so if there’s a rival suitor willing to put a longer deal on the table, that could be problematic for Los Angeles. However, I’d be a little surprised if that’s the case after his time in Portland ended via buyout.
Woike points to the Bucks as one team to watch for Ayton, noting that they should have access to most of the non-taxpayer mid-level exception and lost their starting center (Lopez) on Monday.
Here’s more on the Lakers:
- ESPN’s Dave McMenamin spoke on NBA Today on Monday about where things stand with James following agent Rich Paul‘s Saturday statement about evaluating “what’s best for LeBron” as the star forward opted into the final year of his contract. “(Paul) has not had any discussion with the Lakers about wanting a trade, on the back end of this statement,” McMenamin said (YouTube link). “He did say that four teams have contacted him in the last 24 hours wanting to take trades, but Rich didn’t have any substantive conversations with those teams either. Right now, LeBron is focused on playing on a championship-caliber roster. Rich told me there’s no guarantees in building a championship-caliber roster, but we know what it looks like and what it doesn’t look like. And we’ll see if in a week from now – when Rob Pelinka‘s finished doing his work with this roster – if it looks like a winning, realistic situation.”
- According to Jovan Buha (Twitter video link), the rumored trade talks between the Lakers and Heat about Andrew Wiggins haven’t gained any real momentum due to a “pretty high” asking price on Miami’s end. “We’re talking basically everything or close to everything that the Lakers could offer from a top-end asset standpoint,” Buha said. “So I don’t think that is going to happen. I don’t think the Lakers are trading Rui (Hachimura), a first, and Dalton (Knecht) for Andrew Wiggins. That’s not fair value. That’s not a realistic trade. I think Miami’s playing hardball. We’ll see if they soften their stance.”
- League sources tell Woike that Jake LaRavia, who agreed to a two-year, $12MM deal with the Lakers on Monday, was the team’s first call when free agency opened, and that the free agent forward was impressed by the way Pelinka sold the Lakers’ strength and JJ Redick‘s “detailed” plan for how he would be used. One executive who spoke to Woike about the move lauded LaRavia for his toughness, shooting, and burgeoning play-making skills, while another said, “Everyone can use a player like him.”
Gary Trent Jr. Remains With Bucks On Two-Year Deal
July 8: Trent’s new contract is now official, per NBA.com’s transaction log.
June 30: Free agent guard Gary Trent Jr. has agreed to a two-year, $7.5MM deal to remain with the Bucks, ESPN’s Shams Charania tweets. The second year includes a player option.
It’s slightly above the veteran’s minimum, so Milwaukee will apparently use its Non-Bird rights, which allows a team to re-sign a player for up to 120% of his previous salary or 120% of the league’s minimum salary (whichever is greater).
Trent played on the veteran’s minimum this past year despite being at least a part-time starter for Toronto the previous three seasons.
By getting a player option, Trent positions himself for another shot at free agency next summer when more teams are expected to have cap space.
Still just 26, Trent has been in the league since 2016. In his first season with the Bucks, he appeared in 74 games, making nine starts. He averaged 11.1 points, 2.3 rebounds, 1.2 assists and 1.0 steal per game.
Trent made 43.1 percent of his shots, including a near career-high 41.6 percent from deep. Of the 8.9 shots he took per game, a majority (5.9) were beyond the three-point arc.
After Damian Lillard went down with an Achilles injury, Trent had two huge offensive games in the playoffs. He scored 37 points in Game 3 against Indiana and 33 in Game 5 during Milwaukee’s first-round loss.
Bucks Re-Sign Taurean Prince
July 8: Prince is officially back under contract with the Bucks, according to a press release from the team.
June 30: The Bucks and free agent forward Taurean Prince have reached an agreement on a two-year, minimum-salary contract, reports Shams Charania of ESPN (Twitter links). The second year of the deal will be a player option.
Prince started 73 of the 80 games he played for the Bucks in 2024/25, averaging 8.2 points, 3.6 rebounds, and 1.9 assists in 27.1 minutes per night.
Prince’s ability to guard multiple positions on defense and knock down three-pointers on offense makes him a valuable rotation player on the wing. He made a career-high 43.9% of his attempts from beyond the arc in 2024/25.
Still, it’s worth noting that the 31-year-old struggled badly in the playoffs, scoring just six points on 2-of-10 shooting in 61 total minutes during the first-round series vs. Indiana. He lost his starting job after the first two games of the series and likely won’t be assured of reclaiming that role heading into training camp this fall.
Prince is the third Bucks free agent who has reached an agreement to re-sign with the team, joining Bobby Portis and Kevin Porter. However, Brook Lopez is leaving Milwaukee for the Clippers, so the club figures to be in the market for additional frontcourt help.
Bucks Re-Sign Kevin Porter Jr. To Two-Year Deal
July 7: Porter has officially re-signed with the Bucks, according to NBA.com’s transaction log.
June 30: The Bucks and free agent guard Kevin Porter Jr. have agreed to a two-year deal worth $11MM, sources tell Shams Charania of ESPN (Twitter link).
Porter turned down a $2.55MM player option over the weekend in order to become a free agent. He’ll have an opportunity to return to the open market again in a year, as his new deal will feature a player option for 2026/27, per Charania.
Porter opened the 2024/25 season with the Clippers before being sent to Milwaukee at the trade deadline. He finished the season strong with the Bucks, averaging 11.7 points, 3.9 rebounds, and 3.7 assists in 19.9 minutes per game while shooting 49.4% from the floor, including 40.8% on threes.
The 25-year-old’s off-court history – ranging from a locker-room incident that ended his time in Cleveland to a domestic altercation that led to his exit from Houston – have limited his value to some extent in recent years, preventing him from securing big money or longer-term commitments. However, the Bucks liked their brief stint with Porter last season enough to move forward with him.
The Bucks will use the bi-annual exception to re-sign Porter, since they wouldn’t be able to complete the deal using his Non-Bird rights, notes Fred Katz of The Athletic (Twitter link). The BAE will be worth about $10.5MM over two seasons.
Stein/Fischer’s Latest: Jerome, Kennard, Capela, Lakers, Bulls, More
In their latest round-up of scuttlebutt ahead of the start of free agency on Monday, Marc Stein and Jake Fischer of The Stein Line (Substack link) reiterate or confirm a few of the rumors that have been percolating in recent days, writing that Dennis Schröder appears to be on track to join the Kings on a two-year deal worth the non-taxpayer mid-level exception, while D’Angelo Russell is widely expected to join the Mavericks on a two-year deal that utilizes the taxpayer mid-level.
Stein and Fischer also stress that the Grizzlies are increasingly regarded as the favorites to land free agent guard Ty Jerome, with rival teams expecting him to sign for a deal in the neighborhood of $9-10MM annually (Twitter link).
Additionally, Stein and Fischer confirm that the Rockets are now eyeing Luke Kennard in addition to Dorian Finney-Smith. Besides Houston, the Hawks and Nuggets are considered potential suitors for Kennard, one of the league’s best outside shooters, according to The Stein Line duo.
Here are a few more fresh pieces of intel from Stein and Fischer:
- The Clippers are viewed as a viable candidate to land free agent center Clint Capela. Los Angeles is known to be in the market for an Ivica Zubac backup, with Drew Eubanks not expected to return.
- If the Lakers end up losing Finney-Smith in free agency, they’re expected to express interest in another talented perimeter defender, De’Anthony Melton, Stein and Fischer report. Dan Woike of The Athletic (Twitter link) has also heard that there’s mutual interest between Melton and the Lakers. The veteran guard signed for the full non-taxpayer mid-level a year ago, but seems unlikely to land another deal in that range after missing nearly the entire season with a torn ACL.
- There’s a “strong expectation” that free agent point guard Tre Jones will remain with the Bulls, Stein and Fischer say. K.C. Johnson of the Chicago Sports Network previously reported that the odds of a reunion between the two sides were rising following the team’s Lonzo Ball trade.
- The Bucks are working on potential Pat Connaughton trade scenarios and have a couple possible pathways to a deal, per Stein and Fischer. Milwaukee would likely have to attach a sweetener to move Connaughton, but perhaps could acquire a player in return who would upgrade the rotation.
- The Wizards have been gauging the trade market for a pair of veterans on expiring contracts, guard Marcus Smart and big man Kelly Olynyk, Stein and Fischer write. Olynyk technically isn’t even a Wizard yet, as the deal sending him from New Orleans to Washington will become official after the July moratorium — it sounds like there’s a chance he’s flipped to another team.
- DeMarre Carroll and former Wizards assistant Brian Randle are expected to have two of the front-of-bench spots on Jordan Ott‘s coaching staff, but the new Suns coach is still seeking a lead assistant who has previous head coaching experience, according to Stein and Fischer.