Bucks trading Giannis Antetokounmpo to Heat for haul of players, picks - ESPN

The Milwaukee Bucks are trading franchise icon Giannis Antetokounmpo and Bobby Portis to the Miami Heat for Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, three first-round picks (including No. 13 in Tuesday's NBA draft), one pick swap and one second-round pick, sources told ESPN.

The Heat are sending to Milwaukee unprotected first-rounders in 2031 and 2033 along with No. 13, a pick swap in 2030 and a 2033 second-rounder, according to sources.

The trade does not include any additional teams — it is a one-to-one move, sources said — but both the Heat and the Bucks will execute the deal July 6, which leaves the framework open to see whether there are opportunities to expand. Last June, the Phoenix Suns and Houston Rockets agreed to a deal that ultimately increased to a historic seven-team trade.

Heat president Pat Riley now makes his long-anticipated new landmark acquisition, with Antetokounmpo joining elite Miami pickups such as LeBron James, Shaquille O'Neal, Chris Bosh, Alonzo Mourning and Jimmy Butler over the past 30-plus years. Riley will pair the two-time NBA MVP and 2021 Finals MVP with Bam Adebayo to lead contention in the Eastern Conference.

The Heat's title odds went from 30-1 (ninth shortest) Monday morning to 18-1 (fifth shortest) at DraftKings Sportsbook after news of the trade broke Monday night.

The Bucks are acquiring four players in their 20s in the deal. Herro, who grew up just outside Milwaukee and attended Whitnall High School in Greenfield, Wisconsin, made the All-Star team in 2025 and averaged 19.5 points per game over seven seasons with the Heat. The 26-year-old played just 33 games last season after undergoing surgery on his left foot in September.

Jaquez, 25, finished second on