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Bucks Set Ultimatum on Giannis: Extend This Offseason or Be Traded

The public stance follows reports that Milwaukee sought to shut him down after a knee injury, highlighting season-long strain over his availability.

Overview

  • Co-owner Wes Edens told ESPN that Giannis Antetokounmpo will either sign a new deal this offseason or be traded rather than enter 2026–27 on an expiring contract.
  • Antetokounmpo becomes eligible on Oct. 1 for a projected four-year, $275 million extension, with reporting noting questions inside the league about committing that figure given recent injuries.
  • Shams Charania reported the Bucks want him sidelined for the rest of the season after a hyperextended left knee and bone bruise, while Antetokounmpo has pushed to return and will be re-evaluated next week.
  • ESPN reporting says Milwaukee’s trade asks were enormous at the deadline, with the Warriors offering four unprotected first-round picks as the Bucks eyed young cornerstones such as Evan Mobley or VJ Edgecombe.
  • Coverage highlights uncertainty over the Bucks’ rotating ownership structure and notes rival teams like the Lakers, Warriors and Heat are positioning for a potential summer pursuit.