Overview
- As of Saturday, June 20, 2026 the Giannis market is active but largely stalled because Bucks GM Jon Horst is seeking a very large, pick-heavy package that many teams view as unrealistic.
- Miami and Boston remain the primary suitors, with multiple reports saying Miami’s pitch would likely center on Tyler Herro plus young players and draft capital.
- Detroit is being tracked as a potential third-team facilitator that could absorb Herro, a move reporters say would help clear the salary and roster hurdles for a Heat-Bucks exchange.
- League sources note the June 23 draft deadline and NBA salary‑matching and tax rules make straight two-team deals unlikely, so most realistic constructs now involve three- to five-team trades that would ripple across draft positioning and other targets like Walker Kessler and Derrick White.
- If no deal is struck by the draft, teams are preparing Plan B moves — Miami could pivot to alternatives such as Kawhi Leonard or Ja Morant and Boston has interest in Trey Murphy III — while Milwaukee appears prepared to keep mid-first-round picks and reset its roster.