Miami Heat acquire Giannis Antetokounmpo in blockbuster trade
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The Miami Heat have reached an agreement to acquire two-time NBA Most Valuable Player Giannis Antetokounmpo and veteran forward Bobby Portis from the Milwaukee Bucks, according to ESPN and the Associated Press on Monday night. In return, Milwaukee will receive Tyler Herro, Jaime Jaquez Jr., rookie center Kel’el Ware, guard Kasparas Jakucionis, three first-round draft picks, a 2030 first-round pick swap, and a 2033 second-round pick. The draft package includes the No. 13 overall pick in the 2026 NBA Draft and unprotected first-rounders in 2031 and 2033. The trade is expected to be officially processed on July 6, 2026, when the NBA’s new league year begins.
Prepared by Emily Rhodes and reviewed by editorial team.
Timeline of Events
- 2021 Giannis leads Bucks to championship
- 2025-26 Season described as highly tumultuous
- Monday night ESPN, AP report trade agreement
- Upcoming 2026 Heat send No.13 overall pick
- July 6 2026 Trade processing window opens
- 2030 Bucks receive future first-round swap
- 2031 Bucks gain unprotected first-round pick
- 2033 Bucks secure first and second-rounders
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