Bucks Making Counteroffers In Giannis Antetokounmpo Trade Talks
The Bucks “remained engaged with teams that have interest” in trading for Giannis Antetokounmpo over the weekend and submitted counteroffers to a few of them, ESPN’s Shams Charania said on a SportsCenter appearance (Twitter video link; hat tip to Real GM).
Charania listed the Heat, Timberwolves, Warriors and Knicks as “the most serious suitors” so far, although several other teams are rumored to be involved. He adds that it “comes down to the price point” for Antetokounmpo, which means parting with young talent, “a surplus of draft picks” or possibly a combination of both.
The Bucks have been sending mixed signals about whether they intend to part with their franchise player by Thursday’s deadline or wait until the summer in hopes of negotiating a better deal. Charania’s report is the strongest indication so far that Milwaukee is serious about making a trade this week.
The Bucks were hoping to put together a late-season run toward the playoffs and were originally approaching the deadline as buyers with an eye on upgrading the roster and convincing Antetokounmpo to stay. Those plans seemed to change on January 23 when Antetokoumpo suffered a calf injury that will keep him out indefinitely, virtually sinking the team’s postseason hopes. Milwaukee lost its fifth straight game Sunday at Boston and has fallen to 12th in the East at 18-29.
As Charania points out, there are pros and cons to the Bucks waiting for the offseason to make the deal. Interested teams will have additional draft capital to offer, but Antetokounmpo will also have more control over where he wants to go. After making $58.5MM next season, he holds a $62.8MM player option for 2027/28 and can threaten not to re-sign with a team that trades for him if it’s not one of his preferred destinations.
Bucks coach Doc Rivers addressed the trade rumors Sunday in an appearance on ESPN’s NBA Countdown (Twitter video link), stating, “I think everyone will be here” past the deadline. He also said he’s looking forward to the end of the week so speculation can be put on hold for a few months.
“He wants to be a Buck, he loves the city and that’s all I can go by as a coach right now,” Rivers said of Antetokounmpo. “Has it been difficult? Yeah. My favorite day of the year this year will be the day after the trade deadline. I think everyone will be here.”
Rivers added that Antetokounmpo expects to play again this season and is hoping to “get into the playoffs healthy.”
NBA Announces 2026 All-Star Reserves
The NBA has announced its 2026 All-Star reserves, revealing this year’s honorees on NBC ahead of the Knicks/Lakers matchup (Twitter links).
The following players will join the 10 All-Star starters the league announced on Monday, January 19.
Eastern Conference Reserves:
Guard: Donovan Mitchell (Cavaliers)- Guard: Norman Powell (Heat)
- Frontcourt: Jalen Johnson (Hawks)
- Frontcourt: Karl-Anthony Towns (Knicks)
- Frontcourt: Pascal Siakam (Pacers)
- Frontcourt: Scottie Barnes (Raptors)
- Frontcourt: Jalen Duren (Pistons)
The East will see three first-time All-Stars in Johnson, Powell, and Duren. Powell is averaging a career-high 23.0 points per game in his first season in Miami, while Johnson has emerged as one of the league’s most versatile point forwards on offense, averaging 23.0 points, 10.5 rebounds, and 8.0 assists per night while hitting 36.0% of his threes. Duren is averaging 18.0 PPG and 10.7 RPG, and is the second-leading scorer on the Eastern Conference-leading Pistons.
Towns is having a down year from an efficiency standpoint but has managed to contribute in other ways, leading the NBA in rebounds per game (11.8) while scoring 20.0 points per game on 36.4% shooting from deep. He will join teammate Jalen Brunson, who was named a starter for the second straight year, while Duren will join running mate Cade Cunningham.
Western Conference Reserves:
- Guard: Anthony Edwards (Timberwolves)
- Guard: Jamal Murray (Nuggets)
- Guard: Devin Booker (Suns)
- Frontcourt: Chet Holmgren (Thunder)
- Frontcourt: Kevin Durant (Rockets)
- Frontcourt: Deni Avdija (Trail Blazers)
- Frontcourt: LeBron James (Lakers)
For the Western Conference, Murray, Holmgren, and Avdija are all first-time All-Stars. Murray had long been considered one of the league’s best players – if not the best – to never take part in the event, but will no longer hold that title. He’s having his best scoring (25.8 PPG) and play-making (7.4 APG) season as a pro, and has helped the Nuggets hold onto the No. 2 seed despite missing co-star and All-Star starter Nikola Jokic for 16 games.
Avdija has exploded for the Blazers this season, averaging 25.5 points per game (after scoring 16.9 PPG last season) while also contributing 7.2 RPG and 6.7 APG and leading Portland to what is currently a play-in spot.
Despite cooling off a bit since his scorching start, Holmgren is averaging 17.8 PPG, 8.7 RPG, and 2.0 BPG and has anchored Oklahoma City’s dominant defense all season, especially while starting center Isaiah Hartenstein faced an extended absence due to a calf injury.
Booker was named to the team after leading the overachieving Suns to a 30-19 record — they’re currently percentage points behind the Lakers for the No. 6 spot in the West.
James was named to his 22nd consecutive All-Star team despite having a down year by his own standards. He is currently averaging 21.9 PPG, 5.8 RPG, and 6.6 APG for the Lakers, who are 29-18 coming into tonight’s game against the Knicks.
The Lakers, Knicks, Thunder, Pistons, and Nuggets are the teams with multiple players represented.
Some notable players not to make this year’s All-Star team include Michael Porter Jr., Kawhi Leonard, Bam Adebayo, Joel Embiid, Julius Randle, Lauri Markkanen, Brandon Ingram, and Alperen Sengun — they’re among the top candidates to become injury replacements.
As Ian Begley of SNY notes (via Twitter), the NBA’s decision to include a USA versus World component requires at least eight international players. Luka Doncic, Shai Gilgeous-Alexander, Victor Wembanyama, Jokic, Avdija, Murray, and Siakam will make up a majority of the World roster, but with starter Giannis Antetokounmpo injured, the league will need to decide whether Towns, who suits up for the Dominican Republic in international play, as well as Powell, who played with Jamaica last summer, will be considered international or American players, Marc Stein observes (via Twitter). Either way, an injury replacement will need to be named for the Eastern Conference.
Stein adds that the NBA will announce the official roster breakdowns on Tuesday (Twitter link).
Hawks Trade Krejci To Blazers For Reath, Second-Rounders
3:40 pm: The trade is official, the Hawks and Trail Blazers announced.
11:20 am: The Hawks and Trail Blazers have agreed to a trade, according to ESPN’s Shams Charania, who reports (via Twitter) that Vit Krejci will be heading to Portland for Duop Reath and two second-round picks.
The Hawks will receive their own 2027 second-round pick back from Portland, as well as New York’s 2030 second-rounder, per Jake Fischer of The Stein Line (Twitter link). The Blazers controlled both of those picks from previous trades.
Reath, a 6’9″ big man, recently underwent season-ending foot surgery. Although he doesn’t state it outright, Charania suggests Reath could be waived to open a roster spot for the Hawks (Twitter link). N’Faly Dante, who is also out for the season after tearing his ACL, is another candidate to be released, tweets cap expert Yossi Gozlan.
According to Marc Stein of The Stein Line (Twitter link), the Trail Blazers have been very active in trade conversations. They plan to promote two-way players Caleb Love and Sidy Cissoko to standard contracts after the February 5 deadline, Stein adds.
As several NBA insiders have noted, Atlanta evidently viewed Krejci as expendable after the team acquired Corey Kispert from Washington.
A 6’8″ guard, Krejci has averaged 9.0 points, 2.1 rebounds and 1.5 assists while shooting 42.3% from three-point range in 46 appearances this season (22.3 minutes per game). The 25-year-old is on a very affordable contract, earning $2.3MM this season, a non-guaranteed $2.7MM in 2026/27, with a $3MM team option for ’27/28.
Krejci’s outside shooting fills an immediate need for the Blazers, who rank last in the league in three-point percentage (33.6%). The former second-round pick will be extension-eligible in July, per ESPN’s Bobby Marks (Twitter link).
Reath, meanwhile, is earning $2.2MM this season and could be a restricted free agent in the summer if he finishes his current contract and is given a qualifying offer, though that seems unlikely.
Cavs, Kings, Bulls Finalize Trade Involving Ellis, Hunter, More
The Cavaliers, Kings and Bulls have officially completed their three-team trade, according to press releases from Cleveland, Sacramento and Chicago.
The full deal is as follows:
- Cavaliers acquire Keon Ellis, Dennis Schröder, and Emanuel Miller; waived Luke Travers.
- Kings acquire De’Andre Hunter.
- Bulls acquire Dario Saric, 2027 second-round pick, and 2029 second-round pick; waived Jevon Carter.
“After careful evaluation and a clearer view of the Eastern Conference landscape, we believe adding Dennis and Keon strengthens our depth, expands our flexibility, and positions us to keep building a Championship caliber team now and into the future,” Cavs president of basketball operations Koby Altman said in a statement.
“In a season defined by its parity, this move better aligns us for a deeper postseason run. I’m thankful as well to De’Andre, who made an immediate impact upon his arrival to Cleveland and represented the Cavaliers with class. We appreciate everything he did for us both on and off the court, and we wish him the best in Sacramento. We drafted Luke in 2022 and have seen his development improve each year and thank him for his contributions to the franchise.”
Our primary breakdown of the trade can be found here. The involvement of Miller and Travers was outlined here.
The Kings have now have two standard roster openings after sending out three players (Ellis, Schröder, Saric) for one (Hunter). They will have 14 days to get back to at least 14 players on standard contracts. The Cavs and Bulls, meanwhile, have full 18-man rosters.
Warriors Reportedly Assured Jimmy Butler They Won’t Trade Him
The Warriors recently informed Jimmy Butler they don’t plan to trade him as he rehabilitates from a torn ACL in his right knee, a league source tells Nick Friedell of The Athletic.
Jake Fischer and Marc Stein of The Stein Line reported on Saturday that they have received “strong indications” that Golden State’s offer for Giannis Antetokounmpo is unlikely to include Butler. Both players make $54.1MM this season.
General manager Mike Dunleavy Jr. said he didn’t expect to trade Butler in the wake of the six-time All-Star’s season-ending injury. However, that was before the Bucks became more receptive to offers for the two-time MVP.
Multiple reports have indicated Stephen Curry is the only untouchable Warrior in talks for Antetokounmpo. Golden State’s actions will speak louder than words when it comes to Butler, Friedell notes.
If Butler is not part of the Warriors’ offer, four-time champion Draymond Green will likely have to be part of the outgoing package for salary-matching purposes. He addressed that possibility on Friday.
“I’ve been here for 14 years,” Green said. “I have no reason to sit and worry about leaving. But if I’m traded, that’s part of the business. I ain’t losing no sleep, though. I slept great last night.”
Other members of Golden State’s roster admit the lead-up to the trade deadline is a stressful experience.
“It’s hard on all of us,” veteran big man Al Horford told Monte Poole of NBC Sports Bay Area, “but especially for younger players that are trying to find their way and establish themselves. This time of year, I find that it doesn’t matter what team you’re on, it’s always going to be stressful.
“It’s tough. We kind of have to have some sort of empathy for everybody, because we’re all just kind of going through it. And there’s a lot of ‘what ifs’ and things like that. From my experience, once the deadline passes, everybody kind of takes a deep breath. It slows down, and you’ll see a better team.”
Backup guard De’Anthony Melton is trying to tune out the outside noise, according to Poole.
“Honestly, you just got to put your head down and work,” Melton said. “Some stuff is out of your control. Early in my career, one of the vets told that when a superstar or whatever wants to get moved, everybody’s on the (trading) block. Nobody’s above the program.”
Jason Kidd Rips Media, Officials After Saturday’s Loss
Following Saturday’s loss at Houston, Dallas’ fourth straight defeat, Mavericks head coach Jason Kidd went on an expletive-filled tirade regarding media criticism of Kidd using Cooper Flagg as the team’s de facto point guard to open his rookie season, writes Christian Clark of The Athletic.
“I don’t give a f–k about the criticism,” Kidd said. “The criticism, that’s your opinion. You guys write that bulls–t. I’ve done this. I’ve played this game. I’ve played it at a very high level, and I know what the f–k I’m doing.”
As Clark observes, the Mavs went 2-5 and had the worst offensive rating in the league in the first seven games of the season before Kidd moved Flagg off the ball. But the Mavericks have once again been playing without a traditional point guard of late and the No. 1 overall pick has thrived the past two games, putting up 49 points and 10 rebounds on Thursday and finishing with 34 points, 12 rebounds and five assists on Saturday.
“I don’t give a f–k what you guys write,” Kidd said. “Because you guys have never played the game before. I have built players. I know what the f–k I’m doing. To take criticism, it only makes me better. Because if I wasn’t doing it right, you guys wouldn’t be poking holes at what I’ve done.”
According to Tim MacMahon of ESPN, Kidd also ripped the officiating crew following Saturday’s loss. He was particularly upset about a play with 25 seconds remaining, when Flagg drove down the lane and missed a left-handed layup that would have tied the game.
“I saw a foul,” Kidd said. “[Officials] Sean [Wright], Simone [Jelks] and Jason [Goldenberg] were awful tonight. The referees were unacceptable. It’s a foul, and he needs to be at the free throw line. Now, does he make both? That’s up to the player, but the referees did not do their job. They were terrible.”
Flagg set a record for a teenager when he scored 49 points and his 83 combined points are the most a teenager has scored over a two-game span in league history. The 19-year-old also became the first teenager to record consecutive 30-point double-doubles, per MacMahon.
“I definitely felt some contact, but at the end of the day, the refs are the ones making the call, so it is what it is,” said Flagg. “I mean, it’s tough. You just got to play through it. It’s part of the game. It’s not the first time in my life that I haven’t got calls, and it’s probably not going to be the last. So whatever it is, just got to keep playing through it.”
For what it’s worth, Dallas (15-of-26) attempted 11 more free throws than Houston (11-of-15), Clark notes.
Cavaliers To Acquire Ellis, Schröder In Three-Team Trade
The Cavaliers will send De’Andre Hunter to the Kings in exchange for Keon Ellis and Dennis Schröder, sources tell Shams Charania of ESPN (Twitter link). The three-team trade also includes the Bulls, who will pick up Dario Saric from Sacramento and will receive two second-round picks as well.
The trade will save Cleveland nearly $50MM in salary and luxury tax this season, according to Bobby Marks of ESPN (Twitter link).
The Cavs unload Hunter’s $23.3MM contract while taking back Schröder at $14.1MM and Ellis at $2.3MM. The move takes the Cavs from $22MM to just $13.9MM above the second apron and brings their total payroll down to $221.7MM, per cap expert Yossi Gozlan (Twitter link).
The Cavaliers were among many reported suitors for Ellis, an accomplished defensive guard who is set for free agency this summer. He will become eligible for an extension worth up to $52MM over three years on February 9, and Cleveland will acquire his Bird rights in the deal.
Ellis fell out of the Kings’ rotation early in the season, which prompted trade speculation, but he still appeared in 43 games, averaging 5.6 points and 1.1 steals in 17.6 minutes per night with .397/.368/.625 shooting numbers.
Schröder, 32, will be joining his 11th NBA team. He was one of Sacramento’s major offseason additions, agreeing to a three-year, $44.4MM contract as part of a sign-and-trade deal with Detroit. However, he shot poorly from the field and eventually lost his starting job to Russell Westbrook. Schröder has two more years left on his contract at $14.8MM and $15.5MM with a $4.3MM guarantee on the final season. He’s also a strong defensive guard and had a positive impact on the Pistons after they traded for him at last year’s deadline.
Gozlan points out (via Twitter) that the Cavs have an opportunity to get below the second apron by unloading Lonzo Ball‘s $10MM contract and a couple of minimum salaries. He notes that they have three more tradable second-round picks to use for further moves before the deadline.
The Cavaliers added Hunter in a deal last February in hopes that he would become a dependable small forward to team with their four established starters. However, he has been more effective off the bench since coming to Cleveland and wound up being an expensive backup with the emergence of Jaylon Tyson. He has one more year left on his contract at $24.9MM and will get a chance to revive his career in Sacramento.
In a full story, Charania notes that trading two players for one will give the Kings roster flexibility to convert two-way big man Dylan Cardwell to a standard contract.
Saric, who has an expiring $5.4MM deal, will be absorbed into a $6.2MM trade exception Chicago has from last year’s Zach LaVine deal, according to Marks (Twitter link). The Bulls don’t have a roster opening, so they’re waiving Jevon Carter in order for the trade to be completed, according to Joe Cowley of The Chicago Sun-Times (Twitter link). The 30-year-old guard has a $6.8MM expiring contract and will become a free agent once he passes through waivers.
Chicago’s draft compensation for helping to facilitate the deal will be a 2027 second-rounder from the Cavs that originally belonged to Denver and a 2029 second-rounder from the Kings that includes stipulations, reports Brett Siegel of ClutchPoints. It will be the least favorable of picks among Detroit, Milwaukee and New York, according to Charania.
League sources tell Siegel that the Cavaliers were reluctant to take on Schröder’s contract during trade negotiations, but the Kings threatened to move onto other offers if they couldn’t unload the veteran guard. Ellis was at the top of the Cavs’ wish list heading into the deadline, Siegel adds, so they decided to accept Sacramento’s terms.
Sacramento was hoping to land a first-round pick for exchange for Ellis, but several teams that had expressed interest recently turned away, including the Pacers, Celtics and Timberwolves, sources close to the Kings tell Sam Amick of The Athletic.
According to Amick, Indiana was concerned about finding enough playing time for Ellis while Bennedict Mathurin is still on the roster. Even though Mathurin may be traded by Thursday’s deadline, the Pacers believed it was too much of a risk to part with a first-rounder.
The Wolves had been willing to include two second-round picks as part of their offer, Amick adds, but their priorities changed over the past week when it began to appear that Giannis Antetokounmpo would be available.
Latest On Bucks, Giannis Antetokounmpo
Opposing teams are split on whether the Bucks actually intend to trade Giannis Antetokounmpo ahead of the February 5 deadline. According to Marc Stein and Jake Fischer of The Stein Line (Substack link), some teams in touch with Milwaukee have gotten the impression the Bucks prefer to wait until the offseason, when more suitors could arise.
However, Sam Amick of The Athletic hears other clubs think the Bucks are more likely to move the superstar forward in the next five days, pointing to the “human factor” as a reason why it could make sense for both sides to part ways sooner rather than later. Keeping Antetokounmpo on the roster into the offseason would create an “uncomfortable” and “unhealthy” dynamic, since everyone on the team knows the partnership seems inevitable to end, Amick writes.
Although Giannis never made a public request, teams in pursuit of the perennial MVP candidate “strongly” believe his preference is to be traded in the next five days, per Stein and Fischer.
Amick, John Hollinger, Eric Nehm and Nick Friedell of The Athletic weigh the various potential outcomes of Antetokounmpo being on the trade block. As Hollinger observes, Giannis and teams interested in acquiring him stand to benefit most by a deadline deal, while Nehm points out that Milwaukee would likely be better positioned to maximize its return in the offseason.
As Friedell writes, Antetokounmpo’s preferred list of destinations is unknown, and that could have a significant impact on discussions as well, since he only has one guaranteed year left on his contract beyond 2025/26.
The Warriors — one of the four teams rumored to in strong pursuit of Antetokounmpo — have been repeatedly mentioned as a possible landing spot, since they can send all four of their own first-round picks to the Bucks right now (it’s debatable how valuable some of those picks would be, Amick notes). They also have fairly straightforward ways to match salaries.
Sources tell Monte Poole of NBC Sports Bay Area that Stephen Curry is the only Warrior who is off limits in talks for Antetokounmpo, and Anthony Slater of ESPN has heard the same.
While Jimmy Butler, who is out for the year with a torn ACL in his right knee, has been mentioned as a possible salary-matching piece, Stein and Fischer have received “strong indications” that Golden State’s offer for Antetokounmpo is unlikely to include Butler. Both players are on maximum-salary contracts and make $54.1MM this season.
As Stein and Fischer write, if Butler isn’t included, Draymond Green ($25.8MM) may have to be part of the deal for matching purposes. The former Defensive Player of the Year addressed that possibility after Friday’s loss to Detroit, per Slater.
“I’ve been here for 14 years,” Green said. “I have no reason to sit and worry about leaving. But if I’m traded, that’s part of the business. I ain’t losing no sleep, though. I slept great last night.”
Trail Blazers Interested In Giannis Antetokounmpo
After reporting last week that Portland was intrigued by the possibility of facilitating a multi-team trade involving Giannis Antetokounmpo if the team could upgrade its roster in the process, Jake Fischer and Marc Stein of The Stein Line (Substack link) now hear the Trail Blazers have also expressed interest in acquiring the two-time MVP themselves.
According to Fischer and Stein, Portland’s front office recognizes Giannis is unlikely to sign a long-term extension with the Blazers, calling it an “extreme long shot.” The Stein Line duo reiterate that being involved as a facilitator in a multi-team deal where Portland acquires a different player (or players) is a “far more likely scenario.”
Rival teams think acquiring Blazers guard Jrue Holiday would help improve their odds of acquiring his former Bucks teammate Antetokounmpo, Fischer and Stein add. They continue to list Knicks wing Mikal Bridges as a player the Blazers like.
However, Fischer and Stein also point out that the Blazers have Holiday and Damian Lillard (another ex-Buck) on their roster, and both players are still close to the Greek star.
Portland controls Milwaukee’s first-round picks from 2028-2030 (one pick and two swaps) due to the 2023 trade that sent Lillard to Milwaukee and Holiday to Portland. Holiday was flipped to Boston at the time, helping the Celtics win the title in 2024, before being traded back to the Blazers this past summer.
The Blazers also control most of their own first-rounders and have promising young players like second-year center Donovan Clingan. In terms of assets, the Blazers could theoretically put together an appealing package for Antetokounmpo in the next five days, though they could also offer far more in the offseason. At that point, they’d have further clarity on their lottery-protected 2026 pick, the poison pill provision would no longer apply to Shaedon Sharpe, and Toumani Camara would be trade-eligible.
Daniss Jenkins Reportedly Declined Two-Year Deal From Pistons
Second-year guard Daniss Jenkins recently declined a two-year, minimum-salary contract offer from the Pistons, report Jake Fischer and Marc Stein of The Stein Line (Substack link).
Jenkins, 24, is currently on a two-way deal and soon needs to be converted to a standard contact to remain eligible to play, as he’s only three games from his 50-game active limit after Friday’s win at Golden State. To be clear, the two-year offer would have covered the remainder of 2025/26 as well as 2026/27.
However, there’s still an expectation that Jenkins will come to a more lucrative contract agreement with Detroit, according to Fischer and Stein, who cite Ajay Mitchell (three years, $9MM with Oklahoma City) and Miles McBride (four years, $12MM with New York) as points of reference.
An offer above the minimum would require the Pistons to use the bi-annual exception, as they spent their entire non-taxpayer mid-level exception to sign Caris LeVert in the offseason. Bi-annual offers are limited to two years.
If the two sides are unable to reach an agreement in the short term, Fischer and Stein hear the 24-year-old is expected to receive multiyear offers in restricted free agency this summer. The Pistons would have the right to match any potential offer sheet Jenkins signs in that scenario.
Jenkins has been a rotation regular for Detroit, averaging 7.7 PPG, 3.4 APG, 1.7 RPG and 0.9 SPG on .418/.386/.787 shooting in 39 games (16.7 MPG). He’s had some memorable performances this season and has a reputation as a solid defender.
It’s worth noting that Detroit currently has a full 15-man standard roster and the team would have to make at least one change to convert Jenkins’ contact. Stein previously reported the promotion was likely to occur after the February 5 trade deadline, enabling the Pistons to maximize their financial and roster flexibility.
Although the Pistons have been signaling for weeks that they don’t plan to make a major move ahead of the trade deadline, they continue to weigh the possibility of pursuing wing scorers like Nets forward Michael Porter Jr. or Hornets forward Miles Bridges, according to Fischer and Stein. However, there’s no indication Detroit has been in active discussions about those players.
Fischer and Stein hear Charlotte wants at least one first-round pick for Bridges, while Brooklyn “is known to be seeking more than that” for Porter.