Bucks Open For Business On Antetokounmpo Trade Offers
In the aftermath of the lottery, the Bucks are prepared to listen to trade offers for two-time MVP Giannis Antetokounmpo, ESPN’s Shams Charania reports.
However, the Bucks are in no rush to make a deal. There is expected to be a “robust” market for Antetokounmpo, according to Charania, and ownership and front office officials will carefully sift through offers with a high asking price. Milwaukee is seeking a young blue-chip talent and/or a surplus of draft picks.
According to previous reports, the Celtics, Magic, Trail Blazers, Warriors, Heat, Rockets and Raptors are among the potential suitors for Antetokounmpo.
The Bucks listened to offers for Antetokounmpo prior to February’s trade deadline but opted to put off those discussions until the offseason. They will now engage in those conversations once again. The playoff results could also factor into the number of teams that will make an offer. That group includes the Timberwolves, Cavaliers, Knicks and Lakers, who all pursued Antetokounmpo at the February deadline.
After one Bucks co-owner – Wes Edens – told ESPN in March that the team figures to either trade or extend their franchise player in the coming year, another one of the team’s co-owners – Jimmy Haslam – said last Wednesday that he’d like to see the team reach a resolution on Antetokounmpo by next month’s draft.
“Sometime over the next six or seven weeks we’ll decide whether Giannis is going to sign a max contract and stay with us or he’s going to play somewhere else,” Haslam told reporters during a news conference introducing Taylor Jenkins as the Bucks’ new coach.
Rumors surrounding Antetokounmpo have been persistent since last summer – when the star forward reportedly expressed interest in a move to New York – and only intensified during the season, even after the he stayed put through the trade deadline. Giannis and the Bucks clashed publicly on multiple occasions. The two sides were at odds over his ability to return to action following a knee injury, and Antetokounmpo took exception to those aforementioned remarks made by Edens.
Haslam has said publicly and privately that the Bucks will work with Antetokounmpo in the coming weeks on an outcome that works for both the team and the two-time MVP, according to Charania, who says Giannis’ belief that the time has come for both sides to move on hasn’t changed, even though he has never explicitly made a trade request.
Milwaukee didn’t have any luck in Sunday’s lottery and are slotted at the No. 10 pick. None of Antetokounmpo’s projected suitors, such as Miami and Golden State, moved into the top four.
There are two more years left on Antetokounmpo’s contract, but the final year is a player option worth $62.8MM, so he could become an unrestricted free agent in 2027. Any potential suitor will likely want to know if he’s willing to sign an extension before trading away multiple assets.
Bucks Notes: Giannis, Celtics, Cavs, Jenkins, More
People around the league continue to believe that regaining control of their own draft capital is likely to appeal to the Bucks in any potential trade involving Giannis Antetokounmpo, according to Jake Fischer of The Stein Line (Substack link). That could bode well for the involvement of the Trail Blazers, who control Milwaukee’s three drafts from 2028-30.
Jaylen Brown recently reaffirmed his commitment to the Celtics after his mentor Tracy McGrady suggested the veteran wing was frustrated in Boston. While Fischer says there has been some speculation about a Brown-for-Giannis trade, he hears the Celtics only expressed “cursory interest” in Antetokounmpo ahead of the February deadline.
Fischer “never got the sense” that Boston was a real suitor for Giannis and also never got the impression that the two-time MVP was intrigued by the possibility of joining the Celtics. But if a deal involving those two players did come to pass, rival teams believe the Bucks would look to involve other teams to acquire additional assets for Brown, rather than keeping him for themselves.
Here are a few more rumors and notes related to the Bucks:
- The Celtics may or may not be a suitor for Giannis, but people around the league think the Cavaliers could be if they fail to advance past the second round of the playoffs, Fischer writes. Sources tell The Stein Line that Cleveland contacted Milwaukee about the 31-year-old power forward ahead of the deadline and the Bucks asked for Evan Mobley and all of the Cavs’ available draft capital. As Fischer notes, Donovan Mitchell‘s contract situation is very similar to Antetokounmpo’s — he’ll be extension-eligible this offseason and could be a free agent in 2027 if he declines his 2027/28 player option.
- General manager Jon Horst told reporters — including Jim Owczarski of The Milwaukee Journal Sentinel (subscription required) — that Antetokounmpo didn’t meet with new head coach Taylor Jenkins during the team’s interview process, but the two have spoken. For what it’s worth, Antetokounmpo told Owczarski he endorsed the move. Jenkins is a former Bucks assistant who was the Grizzlies’ head coach for six years prior to being let go at the end of 2024/25. “I think he’s an incredible person,” Antetokounmpo said of Jenkins. “Obviously, he’s an incredible coach. I was able to be with him in 2019 and we made the Eastern Conference Finals. After that he left, he was one of the first coaches that left the coaching staff and went to Memphis and he had an incredible six years in Memphis. He made them contenders in the West. He had incredible culture in Memphis. I had the conversation. I don’t think Milwaukee is just getting just a good coach, I think they’re getting a good person. And that’s where it starts with. Having a good person around that’s gonna be able to set the tone, that set the culture and what Milwaukee Bucks basketball is all about. He’s a really good coach.”
- In a separate subscriber-only story, Owczarski passes along some highlights from Jenkins’ introductory press conference, which also featured Horst and co-owner Jimmy Haslam. Jenkins said his one-year stint in Milwaukee and his respect for Horst played critical roles in his decision to rejoin the Bucks. “When this opportunity became available, I was like, I know the people,” Jenkins said as part of a larger quote. “I know what they stand for. I know what their standards are going to be on a day-to-day basis, and naturally, as we navigated this past season as a family – got to spend a lot of great quality time with them – we were very intentional about the things that matter to us, both personally and professionally. And the people, that’s the thing that really gravitated us back here to Milwaukee.”
Haslam: Bucks Hope To Resolve Giannis Situation By 2026 Draft
After one Bucks co-owner – Wes Edens – told ESPN in March that the team figures to either trade or extend Giannis Antetokounmpo in the coming year, another one of the team’s co-owners – Jimmy Haslam – said on Wednesday that he’d like to see the team reach a resolution on Antetokounmpo by next month’s draft.
“I just think before the draft is a natural time, right? Because if Giannis does play somewhere else, then we ought to get a lot of assets, and it’s (general manager Jon Horst‘s) job to do it,” Haslam said, per Karley Marotta of TMJ4 News (Twitter video link). “If he’s here, then you build the team differently.”
Rumors surrounding Antetokounmpo have been persistent since last summer and only intensified during the season, even after the two-time MVP stayed put through the trade deadline. Giannis and the Bucks clashed publicly on multiple occasions. The two sides were at odds over his ability to return to action following a knee injury, and Antetokounmpo took exception to those aforementioned remarks made by Edens.
For his part, Haslam downplayed the notion that there’s a rift between the team and its longtime superstar.
“I just want to stress that our relationship with him, despite what is reported by certain ESPN writers, is very positive,” Haslam said.
He also reiterated the team’s respect and appreciation for everything Antetokounmpo has done for the franchise, according to Eric Nehm of The Athletic.
“Giannis has brought Milwaukee its second championship and the first in 50 years,” Haslam said. “He’s a phenomenal player. He’s a phenomenal person. He’s arguably one of the best basketball players in the world, and we will do what’s best for Giannis and what’s best for the organization. We don’t know whether Giannis will stay with us or not, but we’ll work through that with Giannis in the coming weeks.”
There are already teams preparing trade packages for Antetokounmpo, including the Trail Blazers. Many more made offers at last season’s trade deadline, such as the Magic, who were reportedly “very active” in pursuit of the Greek forward. The Heat, Warriors, Timberwolves, and Knicks were also said to be in the mix leading up to February’s deadline.
The star forward has resisted outright demanding a trade and hasn’t ruled out signing an extension with the only NBA team he’s played for, though he doesn’t become extension-eligible until October. That could complicate plans to reach a resolution next month — while Giannis could let the team know in June whether or not he plans to sign a new deal in October, he may want a more complete picture of Milwaukee’s offseason roster moves before he makes that sort of commitment.
Haslam stressed that he and the rest of the front office and ownership understand the magnitude of the decision for the franchise and how important it is to get right. He also added that there was transparency during the lead-up to the hiring of new head coach Taylor Jenkins.
“We didn’t hold back with Taylor,” he said. “We just said, ‘Listen, (Antetokounmpo) may or may not be with us, so don’t come because of that,’ because you want to be straight up with people.”
While Edens is technically the Bucks’ governor, the franchise has an unusual ownership arrangement that sees he and Haslam swap that title every five years. Haslam will take over as governor in 2028.
Bucks Rumors: Giannis, Rollins, Porter, Kuzma, Rivers, Horst
With the Bucks lottery-bound for the first time since 2016 and increasingly at odds with their longtime superstar forward, one source close to the team tells Shams Charania of ESPN that the state of affairs in Milwaukee is “as toxic of a team situation as any in the league.”
It’s one of many troubling quotes from team sources within Charania’s in-depth look at a nightmarish season for the Bucks, who have posted a losing record both with and without Giannis Antetokounmpo available in 2025/26.
“When your best player is one foot in, one foot out,” one team source told ESPN, “you’re not going to win.”
“The crux of the issue is feeling Giannis doesn’t want to be here on any given day,” another said.
One team source added that the Bucks have “no identity,” while multiple club sources suggested to Charania that Giannis’ uncertain future has created a tense locker-room environment over the course of the season.
Although Antetokounmpo hasn’t explicitly requested a trade out of Milwaukee, he and agent Alex Saratsis conveyed to the Bucks early in the season that it was probably time for the two sides to part ways, according to Charania, who says Giannis’ camp pursued an “amicable split” during the season, meeting with co-owners Jimmy Haslam and Wes Edens two weeks before the trade deadline to discuss how the team could “do right” by Antetokounmpo. Charania explains that both Giannis and Saratsis recalled making a handshake agreement after the star forward signed extensions in 2020 and 2023 that the two sides would work collaboratively on a trade when the time came.
“Giannis has wanted to handle this professionally by being very up front with the team,” one source with direct knowledge of the situation told ESPN. “This could have been a happy resolution but instead might end up being a nasty breakup.”
Shortly after that January meeting with ownership, Antetokounmpo was informed by general manager Jon Horst that he was engaged in trade negotiations and that the 31-year-old may not be on the Bucks’ roster by the start of the 2026/27 season.
However, not every team that spoke to the Bucks about Giannis leading up to February’s trade deadline believed they were serious about making an in-season deal. Milwaukee’s front office took days to respond to certain suitors’ messages and calls, according to Charania, though he notes that the Heat, Warriors, and Timberwolves believed Horst was operating in good faith.
While Golden State and Minnesota sensed as the deadline approached that the Bucks weren’t going to accept their offers, team sources tell ESPN that Milwaukee seriously considered Miami’s proposal, which included Tyler Herro, Kel’el Ware, and several draft assets. Ultimately, the Bucks let the Heat know on the morning of deadline day (Feb. 5) that they wouldn’t be trading Giannis, since they believe they’ll receive stronger offers this summer, per Charania.
The Bucks’ top decision-makers have come to terms with the likelihood of an Antetokounmpo trade happening this offseason, Charania adds.
Here are a few more highlights from Charania’s in-depth story:
- While the Bucks’ disagreement with Antetokounmpo about his late-season availability following a mid-March knee injury has been well-documented, Charania provides a couple new details, writing that Giannis is still hoping to return later this week – perhaps for Friday’s home finale – and wants to share the court with his brothers Thanasis Antetokounmpo and Alex Antetokounmpo before the end of the season. Most interestingly, Charania notes that Giannis – who has been limited to 36 games this season – will miss out on a “significant” bonus in his contract with Nike that would’ve been triggered if he played in at least 41 contests.
- Guards Ryan Rollins and Kevin Porter Jr. were called out by Bucks coaches after shooting a combined 9-of-27 in a blowout loss to Chicago on March 1, according to Charania, who says Rollins and Porter were directed to focus more on getting the rest of the team involved and avoiding selfish play. While the coaching staff’s message was meant to “empower” the young backcourt duo, it left the team feeling “splintered,” leading to a players-only meeting in which veteran forward Kyle Kuzma told Rollins and Porter not to worry about what their coaches had said. After the staff learned about Kuzma’s comments, he received his first DNP-CD of the season in Milwaukee’s following game, then had a conversation with head coach Doc Rivers to talk through the situation, per Charania.
- Referring to a “season-long disconnect” between Rivers and several Bucks players, Charania details how the veteran coach began one team meeting by telling his team to look up his résumé. “I took teams to the playoffs and to the championship that weren’t supposed to. I thought this was one of them,” Rivers reportedly told players during that meeting.
- Ownership is expected to make a decision on Rivers’ job status within the next week, sources tell ESPN. He has just one season left on his contract. As for Horst, the general manager was extended a year ago and still has multiple years left on his deal, but there has been “friction” between him and Antetokounmpo since the trade deadline, Charania writes.
Giannis Says Co-Owner’s Comments ‘A Slap In My Face’
In an exclusive interview with Lori Nickel of The Milwaukee Journal Sentinel (subscriber link), Bucks superstar Giannis Antetokounmpo says he felt disrespected by the comments co-owner and current governor Wes Edens made to ESPN a couple weeks ago.
“Giannis is going into the last year (of his contract),” Edens told ESPN’s Ramona Shelburne. “So one of two things will happen: Either he will be extended or he’ll be traded. The likelihood you’ll let him just kind of play out the last year, we can’t afford that. It’s not consistent with what’s good for the organization. That’s not a Giannis issue. That’s any player that’s in their last year.”
While those comments could be interpreted as an ultimatum, Antetokounmpo told Nickel he views it a little differently.
“For me, it’s like a slap in my face,” Antetokounmpo said.
Antetokounmpo will earn $58.5MM in 2026/27, followed by a $62.8MM player option for ’27/28. He’ll become eligible on October 1 to sign a four-year, maximum-salary extension (the exact value would depend on where the ’27/28 cap ends up). If he doesn’t sign an extension and opts out of that player option, he would be an unrestricted free agent in 2027.
The 31-year-old forward told the Journal Sentinel he found out about Edens’ stance when ESPN’s story was released. Antetokounmpo admits he wasn’t thrilled with the indirect communication.
“It says a lot …” Antetokounmpo said.
According to Nickel, the two-time MVP wasn’t “angry” or “accusatory” when he answered questions, but he was “straightforward.”
Nickel asked Antetokounmpo how many times he has spoken to Edens during the 2025/26 season, and he only recalled one conversation, which came via Zoom. Co-owner Jimmy Haslam was also on that Zoom call, and Antetokounmpo said he talked to Haslam one additional time.
Milwaukee has an unusual ownership structure that involves the governor title changing hands between co-owners Edens and Jimmy Haslam every five years (Haslam will become governor in 2028). In addition to controlling ownership rotating between those two men, another franchise shareholder, Jamie Dinan, is reportedly involved in major decisions.
Antetokounmpo wondered aloud whether the Nuggets or Thunder would ever make similar comments about Nikola Jokic or Shai Gilgeous-Alexander, respectively.
“Especially [as] somebody that has been this loyal, and I’ve showed appreciation, to the team, to the community, to the fans, to everybody that I’ve worked with, you know?” Antetokounmpo said. “And that’s almost, like, a slap in my face.”
This isn’t the first time Antetokounmpo and Edens have made differing public comments. Edens told reporters at the Bucks’ media day in late September that he had a “great conversation” with Antetokounmpo last June and that the nine-time All-NBA member “made it clear that he was very committed to Milwaukee.” At the time, Giannis said he didn’t recall that discussion.
Antetokounmpo reiterated his commitment and love for Milwaukee again during the interview, according to Nickel, who writes that the 10-time All-Star also made it clear he hopes future conversations between he and the Bucks remain private.
“I’m here, I committed, I’m wearing the jersey, and it is disrespectful to my teammates, to my coaching staff, to the people that I go and sweat with, and go to war with, to say, ‘I don’t want to be here’ − and I will never do that,” Antetokounmpo told the Journal Sentinel.
“Now, what goes on in private rooms? It’s not my job, it’s not my responsibility, and it should not − in no shape or form − be shared in public. I believe in etiquette. I believe in human etiquette, I believe in basketball etiquette. So with my owners, I have addressed what I feel and what I believe the situation is.
“Same with my GM, same with my coaches.
“And for me, that [Edens] comment was a slap [in] the face. But, it’s my boss. So I just gotta keep on moving forward.”
A Bucks employee was instructed to listen in on the conversation Antetokounmpo was having with the Journal Sentinel, Nickel writes. Antetokounmpo, who agreed that his contract gave him a degree of leverage this summer, said that while he still speaks to GM Jon Horst, the communication between the two isn’t as regular as it once was. He also made it clear he doesn’t trust the front office.
“Nobody,” he said. “I don’t feel comfortable talking to nobody.”
Antetokounmpo told Nickel he’s been more closed off this season.
“I tried this whole year to stay to myself, and also this past summer,” Antetokounmpo said. “I was more closed off to myself. I don’t know if that’s because I don’t feel comfortable opening up enough. Or if it’s just, I just don’t want to open up at this point.
“It’s definitely not like before.”
The league continues to investigate the Bucks for possible player participation policy violations over disagreements with Antetokounmpo about whether he’s healthy enough to play this season. The Bucks insist the perennial MVP candidate is still injured due to a left knee injury, while Antetokounmpo says he’s ready to play.
“You know who you are dealing with,” Antetokounmpo said Friday. “So for somebody to come and tell me to not play or not to compete, it’s like a slap in my face. So, I don’t know where the relationship goes from there.”
Head coach Doc Rivers said after Friday’s loss to Boston that he was tired of being in the middle of the public disagreements between management and Antetokounmpo, according to Eric Nehm of The Athletic. Rivers said it wasn’t up to him whether Antetokounmpo would be active or not.
“I’m out of the business of trying this subliminal messaging or all that crap,” Rivers said. “I’ve heard all the stuff. I just want everybody to be on the same side, (because) they deserve it. All of ‘em. I don’t think there’s a bad person in this group — none of the guys that I’m talking about. I think they’re all good people. But we gotta figure out how to put good people on the same page and it stays inside.”
Bucks Co-Owner Edens: Giannis Will Be Extended Or Traded
The Bucks have no intention of letting Giannis Antetokounmpo play out the final guaranteed year of his contract in 2026/27 and opt for free agency during the 2027 offseason, team co-owner Wes Edens told Ramona Shelburne of ESPN.
“Giannis is going into the last year (of his contract),” Edens said. “So one of two things will happen: Either he will be extended or he’ll be traded. The likelihood you’ll let him just kind of play out the last year, we can’t afford that. It’s not consistent with what’s good for the organization. That’s not a Giannis issue. That’s any player that’s in their last year.”
Antetokounmpo’s contract, which pays him $54.1MM this season, includes a $58.5MM guaranteed salary for ’26/27, followed by a $62.8MM player option for ’27/28. He’ll become eligible on October 1 to sign a four-year, maximum-salary extension that would be worth a projected $275MM (the exact value would depend on where the ’27/28 cap ends up).
However, if Giannis informs the Bucks this offseason that he doesn’t intend to sign that extension once he’s eligible to do so, it sounds like the team is prepared to reopen trade discussions that began in earnest prior to last month’s deadline, even if the two-time MVP doesn’t explicitly request a change of scenery.
[RELATED: Giannis Resisting Bucks’ Plan To Shut Him Down For Season]
Still, according to Shelburne, rival executives and insiders around the league are skeptical about whether the Bucks’ choice will be quite that simple.
As Shelburne explains, the team has an unusual ownership structure that involves the governor title changing hands between co-owners Edens and Jimmy Haslam every five years. In addition to controlling ownership rotating between those two men, another franchise shareholder, Jamie Dinan, is involved in major decisions. The setup has created some confusion among rival teams about who would get the final say in Milwaukee on a roster move as monumental as an Antetokounmpo trade.
“This has nothing to do with Giannis and whether he asks out,” one source told Shelburne. “It’s about who’s making the decision on whether to trade Giannis, and I don’t think anyone knows that. I deal with them all the time and honestly it depends on the day. They’re not even close to being ready to make a decision like that.”
Edens, who will be the controlling owner for two more years before handing the reins to Haslam for five years beginning in 2028, tells ESPN that his partnership with Haslam is “unbelievably good” and that he has no concerns about the arrangement, but Shelburne suggests there have been signs that Haslam’s influence within the organization is growing since he bought Marc Lasry‘s share of the team in 2023.
When longtime Bucks president Peter Feigin left the organization earlier this season, he was replaced by Haslam Sports Group executive Josh Glessing, according to Shelburne, who also hears from sources that one team discussing a potential Giannis trade last month had direct negotiations with Haslam.
“The more time goes on, the more power Jimmy’s going to have,” a source close to the team said. “And long term, it’ s going to be his anyway, so he’s not going to let the guy that’s [passing controlling ownership on] eventually dictate what it looks like.”
“We mostly dealt with (general manager Jon) Horst,” added a rival executive whose team pursued Antetokounmpo. “But our impression was that Jimmy was really the one who would decide this.”
Although Edens insists that he and Haslam are “completely united” on the Giannis situation, other teams and Bucks minority shareholders are keeping a close eye on the situation due to the way in which the relationship between Edens and Lasry fell apart before Lasry sold his stake in the franchise. Notably, Shelburne writes, the two co-owners disagreed on who to hire to replace former GM John Hammond in 2017 — Horst was eventually promoted to fill the role after the team seriously considered its own assistant GM Justin Zanik and Nuggets executive Arturas Karnisovas.
Here are a few more items of interest from Shelburne’s story, which is well worth reading in full:
- Multiple sources told ESPN that the Bucks’ asking price for Antetokounmpo prior to February’s deadline was “enormous,” with one team suggesting that Milwaukee was simply gauging the market and sought “all our draft picks and good young players.” Another rival executive said there was “no question” that the Bucks wanted to hang onto the star forward. “Because it never reached a point in time, in any of our discussions with them, where they said, ‘We will do it if you do X,'” that exec told Shelburne.
- The Warriors made an offer for Giannis that included four unprotected first-round picks, but they never seemed to gain any real momentum toward a deal, sources tell ESPN. According to Shelburne, the Bucks were more interested in pursuing concepts that would net them a young cornerstone like Cavaliers big man Evan Mobley or Sixers guard VJ Edgecombe, though there’s no indication Cleveland or Philadelphia would’ve been willing to discuss those players.
- While the Bucks may be preparing to offer Antetokounmpo another maximum-salary extension during the offseason, multiple league executives believe the club would be better off accepting the best possible trade offer for him, Shelburne writes.“He’s still a game changer, but he’s 31 with a history of leg injuries,” one exec said. “And now you’d basically be trading for a guy on an expiring deal, so I’m not sure the offers they’ll get this summer are going to be better than what they already got.”
Bucks Notes: Giannis, Thanasis, Griffin, Ownership
Although Bucks superstar Giannis Antetokounmpo just inked a lucrative contract extension, Milwaukee is still under pressure to deliver a title soon, writes Eric Nehm of The Athletic.
The All-NBA forward’s fresh three-season extension, which could be worth up to $186.6MM, will keep him under team control through at least the 2026/27 season. Newly-added All-NBA point guard Damian Lillard has a $63.2MM player option for that year. Antetokounmpo, meanwhile, has a player option for 2027/28.
Nehm notes that team president Jon Horst clearly is striving to deliver Antetokounmpo his second title with the Bucks, pointing to the trade for Lillard as proof that the front office is taking an aggressive team-building approach.
There’s more out of Milwaukee:
- Giannis Antetokounmpo credits big brother Thanasis Antetokounmpo, a reserve forward on Milwaukee, with helping to convince him to sign an extension this offseason, Nehm adds (Twitter link). “For me, signing is basically, as I said earlier, it wouldn’t make sense for me to sign it, but then I had a conversation with my family, a.k.a. GM TA [Thanasis], that it would make more sense for me to sign because I’d be able to — first of all, you don’t know what tomorrow holds — but that I’d have eligibility to re-sign in 2026,” Giannis said. “So I just kind of trust his thinking.”
- First-year Bucks head coach Adrian Griffin recently unpacked his revamped approach to the club’s defense during an interview with Jim Owczarski of The Milwaukee Journal Sentinel. Griffin singles out ball pressure, paint protection with lots of help defense, contesting shots, and defensive rebounding as his key tenets.
- New Bucks co-owners Jimmy Haslam and Dee Haslam hope to help give the Bucks enough support to win more championships, Owczarski writes in a separate piece. “That desire to win is not just for us, although we’re incredibly competitive, but we also recognize how important it is for these communities to have a winning team,” Dee said. “That gets us excited to be part of that story.”
Bucks Notes: Haslam, Lopez, Depth, Giannis, Matthews
Before buying a stake in the franchise, Jimmy Haslam first spoke to Bucks co-owner Wes Edens when he was mulling the possibility of bidding for the Timberwolves, according to Jim Owczarski of The Milwaukee Journal Sentinel.
“We actually took a look at the Minnesota Timberwolves and a friend of mine said, ‘You should call Wes Edens, he operates a team in the upper Midwest, they’ve had great success,'” Haslam said. “‘Cause you’re concerned, can you attract players, can you win in a small market? So we had about an hour-and-a-half conversation and Wes was hugely helpful.”
While Haslam didn’t end up investing in the Timberwolves, his conversation with Edens made him more comfortable jumping at the chance to purchase a stake in the Bucks when the opportunity arose. Asked for his thoughts about the future of the team in Milwaukee, Haslam expressed confidence in the Bucks’ long-term outlook.
“The first time Wes and I ever talked was (asking) could an NBA team not just reside here, but could it be successful? And they’ve obviously proved they can,” Haslam said. “They’ve punched way over their weight in almost everything in the NBA, starting first of all on the court, which is what counts. I anticipate the team being here for a long time. Listen, this isn’t a turnaround situation. These guys have done a hell of a job, so we’re gonna be quiet and listen and learn, and if we can help down the road, that’s great.”
Here’s more on the Bucks:
- Brook Lopez made an All-Star team back in 2013 but has never played in the Olympics and fell just short of earning his first Defensive Player of the Year award this spring. Although he’d like to earn more accolades before he calls it a career, Lopez says he’s motivated by missing out, per Lori Nickel of The Milwaukee Journal Sentinel. “I use all that stuff,” he said. “I’d like to be a part of an Olympic team. I still feel like I have a long career left. Hopefully playing the way I play, maybe a couple of all-stars? I have my personal goals, but the way things roll out, it’s definitely motivation for me.”
- Without Giannis Antetokounmpo available in Game 2 due to his lower back contusion, the Bucks showed off their depth and proved that they’re capable of holding down the fort until the MVP finalist returns, writes Jamal Collier of ESPN.com. Pat Connaughton was one of the role players who provided a critical spark for the team, Owczarski writes for The Milwaukee Journal Sentinel.
- Will Antetokounmpo be able to return for Game 3 in Miami? That’s still to be determined, as the star forward has been listed as questionable for Saturday’s contest. Giannis did some individual work on Friday, but didn’t take part in practice with his teammates, per Owczarski.
- Wesley Matthews, who played nearly 18 minutes in Game 1 of the series and then missed Game 2 with a right calf strain, has been ruled out for Game 3 as well. A source with knowledge of the situation tells Owczarski that the Bucks are hopeful Matthews’ strain isn’t as severe as the one that sidelined him for nine games in February and March.
Haslam Completes Purchase Of Lasry’s Stake In Bucks
1:34pm: In a press release formally announcing the sale of Lasry’s stake to Haslam, the Bucks clarified that Edens will be the team’s governor for the next five years.
10:24am: The Haslam Sports Group has closed its purchase of Lasry’s stake in the Bucks, a source with knowledge of the situation tells Eben Novy-Williams of Sportico (subscription required). That source says the deal values the Bucks at closer to $3.2 billion than the previously reported $3.5 billion figure.
10:17am: Jimmy Haslam, Dee Haslam, and their Haslam Sports Group will officially become part of the Bucks‘ ownership group on Friday, according to Shams Charania and Eric Nehm of The Athletic, who report that the Haslams are set to complete his purchase of Marc Lasry‘s stake in the franchise.
Lasry agreed in February to sell his share of the team at a $3.5 billion valuation to the Haslams, who are also the controlling owners of the Cleveland Browns (NFL) and the Columbus Crew (MLS). Lasry reportedly owned about 25% of the Bucks, which would put the Haslams’ investment in the range of $875MM.
Scott Soshnick of Sportico reported (via Twitter) a couple weeks ago that the sale agreement had been approved by the NBA’s Board of Governors.
Prior to cashing out, Lasry shared the Bucks’ controlling owner responsibilities with Wes Edens. When they bought the franchise in 2014, they agreed to serve alternating five-year terms as the primary governor — Edens assumed that role from 2014-19 and Lasry took it over in 2019. Speaking at the NFL owners’ meetings in Arizona last month, Jimmy Haslam stated that Edens would reclaim that role while Haslam learns the ropes of NBA ownership.
The Haslams’ purchase of Lasry’s stake in the Bucks won’t have the same sort of immediate impact that Mat Ishbia‘s purchase of the Suns did in February. Ishbia signed off on a trade for Kevin Durant within days of taking control of the team, but if Milwaukee enjoys a deep playoff run, it will still be at least a month or two before the club is even permitted to make its next roster move.
Still, as Nehm observes in The Athletic’s report, it will be interesting to see what sort of effect – if any – the new co-owner’s involvement has on the Bucks’ financial and personnel decisions this summer and beyond. The ownership group has become increasingly willing in recent years to pay sizable luxury tax bills with the Bucks in perennial contention for championships.
Next year’s tax bill could be the team’s biggest yet if key free agents like Brook Lopez, Jae Crowder, and Joe Ingles are retained. Khris Middleton and Jevon Carter also hold player options for 2023/24.
Central Notes: Haslam, Hield, Omoruyi, Bulls
Appearing at the NFL owners’ meetings in Arizona this week, Jimmy Haslam spoke publicly for the first time about his impeding purchase of Marc Lasry‘s stake in the Bucks, writes Jim Owczarski of The Milwaukee Journal Sentinel.
Because the sale hasn’t been officially finalized, Haslam declined to get into specifics, but he did tell reporters that Bucks co-owner Wes Edens would reclaim his role as the team’s governor while the Haslams learn the ropes of NBA ownership. Under the previous agreement, Edens and Lasry traded the governor title every five years — Edens held it from 2014-19.
Haslam, the owner of the NFL’s Cleveland Browns along with his wife Dee, described his purchase of a stake in the Bucks as “opportunistic,” Owczarski relays.
“I mean listen, we never thought we’d own 10% of the Steelers. Never thought we’d own the Browns. Dee and I had never been, beside watching (daughter) Whitney play high school soccer, had never been to a soccer game,” said Haslam, who also owns the Columbus Crew (MLS). “So it’s just opportunistic. It was straightened set of circumstances; we were called on this opportunity. Business, sports, you tend to be optimistic. I have no idea what will happen next. First thing’s first, let’s get this done and then let’s get the Browns winning games.”
Here’s more from around the Central:
- Pacers sharpshooter Buddy Hield was sidelined for Monday’s game due to a non-COVID illness, marking just the fourth time since he entered the NBA in 2016 that he has missed a game, writes Scott Agness of Fieldhouse Files. Hield started Indiana’s first 73 games this season, but has come off the bench since then so that the team can get a look at different lineup combinations, with an eye toward next season, tweets Agness.
- According to Michael Scotto of HoopsHype (Twitter link), Eugene Omoruyi‘s new contract with the Pistons covers two seasons — it’s guaranteed for the rest of 2022/23, with a team option for ’23/24. In order to give Omoruyi more than the prorated minimum for the rest of this season, Detroit used a portion of its room exception to complete the signing, Hoops Rumors has learned. Instead of the $169,445 he would’ve gotten on a minimum-salary deal, the 26-year-old received $269,445 for ’22/23.
- With the Trail Blazers set to miss the postseason again, the Bulls won’t get the lottery-protected first-round pick owed to them by Portland this season, and Chicago’s own top-four protected first-rounder appears ticketed for Orlando. However, K.C. Johnson of NBC Sports Chicago wonders if the Bulls could end up with a first-rounder in 2023 by negotiating a trade with the Blazers, who are on track to receive the Knicks’ first-round pick. As Johnson observes, Portland may want to reacquire its own first-rounder, which remains lottery-protected through 2028, in order to regain flexibility for future trades.