Bucks Rumors

Bucks Sign Cole Anthony

The Bucks have officially signed free agent guard Cole Anthony, the team announced today in a press release. The move had been expected since Anthony reached a buyout agreement with the Grizzlies, who waived him over the weekend.

Anthony, 25, spent the first five years of his NBA career in Orlando, appearing in a total of 320 regular season games (125 starts) with the Magic. He saw his role cut back in 2024/25, however, setting new career lows in points (9.4) and minutes (18.4) per game, among other categories.

Prior to last season, Anthony had career averages of 13.4 points, 4.6 rebounds, and 4.1 assists in 26.5 minutes per contest, with a shooting line of .418/.343/.851.

The Magic sent Anthony and Kentavious Caldwell-Pope to Memphis last month in a trade for Desmond Bane, but the former UNC guard wasn’t in the Grizzlies plans after they agreed to sign Ty Jerome in free agency. Memphis’ buyout of Anthony – who gave up $2MM of his $13.1MM expiring contract – helped the club create the cap room necessary to renegotiate Jaren Jackson Jr.‘s contract.

In Milwaukee, Anthony should have a path to rotation minutes in a backcourt that no longer features star point guard Damian Lillard. Kevin Porter Jr. and Ryan Rollins figure to be Anthony’s top competition for playing time at the point this fall.

While Anthony’s agreement with the Bucks was reported to be a one-year deal, it’s unclear if he signed for the minimum or if he’ll get the remainder of the team’s room exception — Milwaukee still had about $3.65MM left on that exception after using a portion of it to re-sign Porter.

Contract Details: Anthony, JJJ, Holmgren, J. Williams, Gafford

Cole Anthony, whose previous cap hit had been $13.1MM, gave up exactly $2MM as part of his buyout agreement with the Grizzlies, tweets Keith Smith of Spotrac. Memphis subsequently used the stretch provision to spread the $11.1MM still owed to Anthony across three seasons, resulting in annual cap hits of $3.7MM through 2027/28.

The move reduced Anthony’s 2025/26 cap charge by $9.4MM, generating the cap room necessary to renegotiate Jaren Jackson Jr.‘s ’25/26 salary from roughly $23.4MM up to $35MM, as Yossi Gozlan of The Third Apron tweets. That allowed the Grizzlies to give Jackson a $49MM salary (ie. a 40% raise) in the first year of his new extension, which increases to $50.5MM in 2027/28 and $52MM in ’28/29, with a $53.5MM player option for ’29/30.

Jackson is now owed exactly $240MM over the next five seasons, having received approximately $216.6MM in new money in his agreement with Memphis.

Here are a few more details on contracts from around the NBA:

  • Chet Holmgren‘s new five-year, maximum-salary rookie scale extension with the Thunder doesn’t include Rose Rule language, but Jalen Williams‘ five-year max extension does, per ESPN’s Bobby Marks at Sports Business Classroom. According to Marks, Williams’ deal will start at 30% of the 2026/27 salary cap if he wins MVP, is named Defensive Player of the Year, or makes the All-NBA first team next season. If he makes the All-NBA second team, it would start at 27% of the cap, while a spot on the All-NBA third team would result in a starting salary at 26%. No All-NBA berth, MVP, or DPOY for Williams would result in a salary worth 25% of next year’s cap, matching Holmgren’s deal.
  • As expected, the terms of Daniel Gafford‘s new three-year veteran extension with the Mavericks are the maximum the team could have given the big man while maintaining his trade eligibility, tweets Marc Stein. Gafford got a 20% raise for 2026/27 to $17,263,584, with 5% annual raises for the next two seasons. The new three-year contract is worth a total of $54.38MM, on top of the $14.39MM he’ll make in 2025/26.
  • Rockets forward Jeff Green, Spurs guard Jordan McLaughlin, and Bucks wing Gary Trent Jr. have joined the list of players who waived their right to veto a trade in 2025/26 when they re-signed with their respective teams, Hoops Rumors has learned. A player who signs a new one-year deal (or two-year deal with a second-year option) with his previous team typically gets trade veto rights for that season, but those can be forfeited as part of the contract agreement.

Bucks, Hawks Interested In Horford?

The Warriors are considered the heavy favorite to sign veteran big man Al Horford if he doesn’t retire. However, ESPN’s Marc J. Spears reports that a couple of Eastern Conference teams are interested in his services (hat tip to Brian Robb of Masslive.com).

The Bucks and Hawks, along with the Lakers, have looked into signing the Celtics free agent. Atlanta could hold some intrigue for Horford, since he has a home there.

“Golden State obviously expected him to sign last week, he didn’t [sign],” Spears said on ESPN’s NBA Today. “Lakers, Milwaukee, and Atlanta, I believe are also interested in a nearly 40-year-old guy who also has retirement on the table. He’s still considering retiring, he’s not in any hurry. He’s got a sixth kid coming on the way, he lives in Atlanta and Boston in the offseason. I’m hearing that whether it’s Golden State and a lesser extent to the Lakers, being away from the family that far isn’t going to be in that decision.”

Celtics president of basketball operations Brad Stevens said earlier this month that it’s “unlikely” Horford returns to Boston, though Stevens did say the team made offers to both him and Luke Kornet (who signed with San Antonio).

Milwaukee’s reported interest is somewhat surprising, considering it has landed Myles Turner in free agency and re-signed big men Bobby Portis and Jericho Sims.

Atlanta would make more sense, considering the offseason departures of Clint Capela and Larry Nance Jr. The Hawks traded for Kristaps Porzingis, but would be relying on youngsters like first-round pick Asa Newell and Mouhamed Gueye for depth purposes behind Porzingis and Onyeka Okongwu in the frontcourt.

Bucks President Feigin: Team In ‘Good Place’ With Giannis

Appearing on NBA TV’s broadcast of the team’s Summer League game against the Clippers on Sunday, Bucks president Peter Feigin was asked for his two cents on where the organization stands with Giannis Antetokounmpo and what the relationship looks like moving forward.

“We kind of laugh internally, it’s where we’ve been for 10 years,” Feigin said (Twitter video link; hat tip to Bleacher Report). “Giannis loves Milwaukee, Milwaukee loves Giannis. We’re in a good place. We feel great about it. It’s business as usual.

“I think we get kind of a fun little joy in everybody else thinking they know what’s going on and what the clickbait is, but for us, we’re in a good spot. Giannis is in a good place. He’s enjoying the summer, and we’re looking forward to next season.”

Antetokounmpo’s future has been one of the most popular subjects of speculation this offseason on the heels of a third consecutive first-round playoff exit for the Bucks and a Damian Lillard Achilles tear.

However, while rival clubs have been monitoring the situation closely in the hopes that Giannis will ask for a trade, that hasn’t happened. In fact, Milwaukee has moved aggressively this summer in an effort to maintain a roster capable of contending without Lillard and longtime starting center Brook Lopez, who left in free agency for the Clippers.

The Bucks re-signed several of their own free agents, including Bobby Portis, Gary Trent Jr., Kevin Porter Jr., and Taurean Prince, reached agreements to bring in new role players like Gary Harris and Cole Anthony, and made the most surprising free agent addition of the NBA offseason when they landed Myles Turner on a four-year, $109MM deal.

While Antetokounmpo hasn’t entirely shut down the speculation by making any definitive statements about his future, most teams have gone about their business this summer as if the two-time MVP won’t be seeking a change of scenery in the short term. For his part, Giannis suggested last week that he’ll “probably” be in Milwaukee going forward. Feigin’s remarks on Sunday point in that direction too.

Cole Anthony Agrees To Buyout With Grizzlies, Plans To Join Bucks

July 13: The buyout is official, the Grizzlies announced (via Twitter).


July 12: Cole Anthony has reached a buyout agreement with the Grizzlies, sources tell Shams Charania of ESPN, who adds that Anthony plans to sign with the Bucks once he clears waivers.

Anthony, who was acquired from Orlando in last month’s Desmond Bane trade, has an expiring $12.9MM contract. Charania doesn’t say how much money Anthony is giving up in the buyout, but it’s expected to be similar to whatever salary he gets in Milwaukee, likely a veteran’s minimum contract for one year.

When the move becomes official, Memphis will be able to use cap room to renegotiate and extend Jaren Jackson Jr.‘s contract, per Bobby Marks of ESPN (Twitter link). Once that happens, the Grizzlies can officially re-sign forward Santi Aldama and finalize their reported deal with free agent guard Ty Jerome.

Selected with the 15th pick in the 2020 draft, Anthony spent his first five NBA seasons with the Magic. He had been a consistent double-digit scorer throughout his career, but his playing time decreased last season and his scoring average dropped to 9.4 PPG.

The addition of Anthony will give Milwaukee 14 standard contracts. That includes Andre Jackson, whose deal won’t become fully guaranteed until opening night.

Stein/Fischer’s Latest: Warriors, Horford, Melton, CP3, Beal, Knicks

While the Warriors are one of the only teams in the NBA that have yet to reach a contract agreement with a free agent this offseason, they’re viewed by numerous rival clubs as the “overwhelming favorite” to land Al Horford and De’Anthony Melton, according to Marc Stein and Jake Fischer of The Stein Line (Substack link).

Golden State already has over $170MM in guaranteed money on its books for nine players, so the outcome of Jonathan Kuminga‘s free agency will likely dictate what sort of offers the club can make to Horford and Melton.

Signing either of those veteran free agents with the $5.7MM taxpayer mid-level exception likely won’t happen until there’s a resolution on Kuminga, since using that exception would hard-cap the Warriors at the $207.8MM second apron. That could open the door for a rival team to find a way to give Kuminga an offer sheet featuring a starting salary too high for Golden State to match without cost-cutting moves.

Here’s more from Stein and Fischer:

  • Chris Paul would still like to play as close to his home in Los Angeles as possible, and the Clippers and Suns continue to weigh the possibility of signing him, per Stein and Fischer. However, if those clubs ultimately go in a different direction, it’s unclear what the 2025/26 season might hold for Paul. The Bucks have interest in the veteran point guard, but he has shown “little inclination” to entertain the idea of signing with an Eastern Conference team so far, according to The Stein Line duo. For what it’s worth, when Paul was asked recently how much longer he plans to play, he replied, “At the most, a year,” which suggests that retirement may not be entirely off the table.
  • Bradley Beal is owed a 25% advance payment on his 2025/26 salary on July 15, Stein and Fischer say. While the veteran guard would get that money (roughly $13MM) even if he and the Suns agree to a buyout before then, it’s possible he’ll wait until after he receives that payment an agreement that would see him exit Phoenix.
  • After missing out on James Borrego, the Knicks are also unlikely to land Bucks assistant Darvin Ham as they seek a lead assistant for Mike Brown‘s new staff, Stein and Fischer report. Stein noted last weekend that New York has interest in Ham, but Milwaukee appears unwilling to give the Knicks permission to speak to him for what would be a lateral move. Jay Triano, another Knicks target, is also off the table since he just signed a new contract with Dallas, Stein and Fischer add.
  • The Bucks are considered likely to bring back forward Thanasis Antetokounmpo if Giannis Antetokounmpo remains in Milwaukee, according to Stein and Fischer. Thanasis missed all of the 2024/25 season due to an Achilles tear, but said in May that he has been medically cleared to return to action.

Top 45 Picks From 2025 Draft Have Signed NBA Contracts

It has been 16 days since the NBA’s 2025 draft wrapped up and just 11 days since those draftees were permitted to start signing contracts, but the majority of the ’25 draft class have already put pen to paper, finalizing standard or two-way deals with their respective teams.

As our tracker shows, all 30 first-round picks have signed their rookie scale contracts, and the top 15 picks in the second round are now under contract too. Outside of the top 45, four additional players – No. 48 pick Javon Small, No. 49 pick Tyrese Proctor, No. 50 pick Kobe Sanders, and No. 55 pick Lachlan Olbrich – have formally inked their first NBA contracts.

That leaves the following players who don’t yet have an NBA contract in place for the 2025/26 season:

  1. Boston Celtics: Amari Williams
  2. Milwaukee Bucks: Bogoljub Markovic
  3. New York Knicks: Mohamed Diawara
  4. Golden State Warriors: Alex Toohey
  5. Utah Jazz: John Tonje
  6. Indiana Pacers: Taelon Peter
  7. Golden State Warriors: Will Richard
  8. Boston Celtics: Max Shulga
  9. Cleveland Cavaliers: Saliou Niang
  10. Memphis Grizzlies: Jahmai Mashack

A number of these players are expected to end up on two-way deals — Jonathan Givony of ESPN (Twitter links) reported on draft night that both of these Celtics picks – Williams and Shulga – would be signing two-ways with Boston, for instance.

Still, not all of these guys will be on NBA rosters when the 2025/26 season begins. For example, the expectation is that Niang will spend next season in the EuroLeague with Virtus Bologna.

Players born outside the U.S. and/or ones who already have experience in non-NBA leagues are typically the best candidates to become overseas draft-and-stash players, so that could be an option for late second-rounders like Markovic, Diawara, and Toohey too. It’s hardly a given though. Post-draft reporting indicated that the Bucks and Knicks weren’t yet sure if Markovic and Diawara, respectively, will be stashed in Europe or if they’ll play stateside in ’25/26. Diawara, in particular, might have a chance to earn a standard contract for a New York team with little breathing room below its hard cap.

The other option for draft-and-stash players is to spend the season in the G League rather than in a league outside the U.S. Typically, at least one or two players go that route each season. That’s what Nikola Djurisic, the Hawks’ No. 43 overall pick a year ago, did in 2024/25 before signing his first NBA contract with Atlanta earlier this week.

We’ll be keeping a close eye on these players in the coming days and weeks, as many of them could end up finalizing their plans for 2025/26 either during the Las Vegas Summer League or shortly thereafter.

Myles Turner Discusses Signing With Bucks

After publishing a farewell to Pacers fans on Thursday, Myles Turner was formally introduced as a member of the Bucks at a Friday press conference in Las Vegas, per Michael C. Wright of ESPN.com. Indiana’s longtime starting center has been the top free agent to switch teams so far this offseason.

For me, ultimately it was about just staying competitive,” Turner said of signing with Milwaukee. “Two years ago, (the Pacers) got to the conference finals. Obviously, last year we got to the Finals. Being a big part of winning basketball just changed my entire perspective on this league. I saw a chance to remain competitive here.”

The 29-year-old big man said the chance to join forces with two-time MVP Giannis Antetokounmpo was a significant factor in his decision, Wright notes. Turner said he briefly exchanged text messages with the Greek superstar.

I was tired of taking damned shoulders and elbows to the chest all the time,” Turner joked of playing with Antetokounmpo. “It’s a rarity to be alongside him. He’s a generational player, arguably one of the greatest players to play this game. I’m sure we’re going to talk here in the weeks to come. I’ve played against Giannis for quite some time now. Very familiar with his game and what he’s capable of. I do see a seamless fit. He’s someone that is able to push the ball, get out in transition, create for people. He’s developed a jumper.

Defensively, his intangibles are there. I think our fit is going to be a pretty cohesive fit. But not even that, I just look at this roster and I’ve competed against these guys. There’s a respect from afar of just how they go about their business. There’s a reason why guys are there. Gary Trent just signed. Bobby Portis just signed. Taurean Prince just signed. Ryan Rollins just signed. Everybody sees the vision. They didn’t sign just to do it. I just think that there’s a real belief in this organization. I’ve aligned myself with that.”

According to Wright, Bucks general manager Jon Horst and head coach Doc Rivers flanked Turner at the presser and said they view him as an optimal fit for both Antetokounmpo and the way the team wants to play. Rivers also tried to put any speculation to rest that Antetokounmpo might request a trade at some point before the season begins.

Giannis came to me the day after the season and we were talking about next season already,” Rivers said. “So, there’s far more talk outside of Milwaukee than there is inside of Milwaukee. Giannis loves Milwaukee. We love Giannis, and it’s been a great relationship. We’ve had some of our young guys in Greece already playing with him. I think we had six or seven guys go down (to Greece), several coaches. So, we are communicating a lot. It’s about next year, and it’s about winning.”

Contract Details: A. Jackson, K. Jones, Small, Sanders, Bagley

The Bucks originally had a July 7 deadline to decide whether or not they wanted to guarantee Andre Jackson‘s full $2.22MM salary for the 2025/26 season, but reporting on Monday indicated that the team had awarded the guard a partial guarantee on that figure as part of an agreement to move back his full salary guarantee date.

According to Keith Smith of Spotrac (Twitter link), Jackson received an $800K partial guarantee as part of that agreement, locking in a little over a third of his ’25/26 salary. His new guarantee date will be one day before the start of the regular season in the fall.

In other words, if Jackson earns a spot on the Bucks’ opening night roster, his full salary for next season will be locked in, but the team has a few more months to make that decision.

Here are a few more contract details from around the NBA:

  • Kam Jones‘ four-year, $8.7MM contract with the Pacers is fully guaranteed in year one, with a 50% partial guarantee for year two, reports Michael Scotto of HoopsHype (Twitter link). That means only about $2.35MM of Jones’ total salary will be guaranteed, including $1.27MM in year one. The 6’5″ guard was the 38th overall pick in last month’s draft.
  • The two-way contract that No. 48 overall pick Javon Small signed with the Grizzlies will cover two seasons, per Scotto (Twitter link). That will put Small on track for restricted free agency in 2027 if he’s not promoted (or waived) before then.
  • Kobe Sanders‘ two-way contract with the Clippers is also for two years, tweets Smith. Sanders was the No. 50 overall pick in the 2025 draft.
  • Marvin Bagley III‘s one-year, minimum-salary deal with the Wizards is guaranteed, Hoops Rumors has learned. Washington now has 16 players on guaranteed contracts, plus Richaun Holmes and Justin Champagnie on non-guaranteed deals, so some roster moves will be necessary in D.C. at some point — the team won’t have to resolve that situation until the day before the regular season, however.

Central Notes: Giannis, Turner, Pacers, Lanier, Holland

Appearing on a live stream in Greece on Thursday with YouTube personality IShowSpeed, Bucks star Giannis Antetokounmpo was asked if his plan is to remain in Milwaukee going forward.

“Probably,” Antetokounmpo said (Twitter video link). “We’ll see. Probably. I love Milwaukee.”

While any public statement that Antetokounmpo makes about his future is notable, it’s hard to draw any definitive conclusions from those brief comments — they’re pretty much what you’d expect him to say if he hasn’t requested a trade but also hasn’t yet decisively committed to not asking for a trade. And by all accounts, that’s where his situation currently stands.

As we wait for a more conclusive update on Giannis’ future, the Bucks and their fans can take solace in the “probably” part of his response on Thursday, while potential suitors will likely be emboldened by the “we’ll see.”

Here’s more from around the Central:

  • After signing with the Bucks on Monday following 10 years in Indiana, Myles Turner published a farewell to Pacers fans on his Instagram account on Thursday. “This chapter is closing, but the respect and love I have for this city and its people is forever,” Turner wrote within a much longer statement. “Thank you Indy, from the bottom of my heart. I mean it when I say The 317 will always be home. And I’ve been proud to call myself a Hoosier! I hope you continue to embrace me as much as I’ve always embraced you!”
  • Dustin Dopirak of The Indianapolis Star shares three takeaways from the Pacers‘ victory in their first Las Vegas Summer League game on Thursday, noting that two-way players RayJ Dennis (26 points, nine assists) and Quenton Jackson (24 points on 8-of-10 shooting) were among the standouts. It would be a boon for the Pacers if Dennis emerges as a reliable option at the NBA level, Dopirak observes, since the team will be on the lookout for additional point guard depth with Tyrese Haliburton out for the entire 2025/26 season.
  • Pistons second-round pick Chaz Lanier believes he’s capable of “immediately” playing a role for his new NBA team as a rookie, he told reporters during his introductory press conference this week. “Coming in to do whatever they need me to do,” Lanier said, per Coty M. Davis of The Detroit News. “Coming in and making shots when I need to. … I am a shooter first, that is what I hang my hat on; putting the ball in the basket. However, I believe that at the NBA level, you need to be able to make an impact on defense. That is how I plan on making my mark.”
  • Pistons forward Ron Holland, who turned 20 on Monday, was pleased that he was able to earn an every-game rotation role as a rookie last season, but he feels like he “left a lot on the table” and “could’ve done more,” as Omari Sankofa II of The Detroit Free Press relays (subscription required). “That’s definitely putting a chip on my shoulder and being able to go into next season trying to thrive and get better every single day,” Holland said.