Sources: Giannis Antetokounmpo trade finalists are Celtics, Heat - ESPN

Giannis Antetokounmpo is expected to be traded before the start of the NBA draft Tuesday, with the Celtics and Heat emerging as finalists to land the Bucks superstar, sources told ESPN's Shams Charania.

The Bucks have been engaged in serious trade talks with the Celtics and the Heat, sources told Charania, and are weighing significantly different offers for Antetokounmpo.

Boston's offer centers on five-time All-Star Jaylen Brown in a proposed swap of two of the NBA's top players, sources told Charania.

The Heat, on the other hand, have offered players on cost-controlled contracts and significant draft capital to the Bucks, according to sources. Miami has the No. 13 pick in this year's draft.

Boston and Miami both are preferred destinations for Antetokounmpo, who has been the focus of ongoing trade speculation for over a year.

The Bucks are not expected to include a third team in an Antetokounmpo trade, according to sources, and are focused solely on negotiating with the Celtics and Heat.

The Celtics are coming off a 56-26 campaign as the No. 2 seed in the Eastern Conference despite playing most of the season without injured star Jayson Tatum.

Brown averaged a career-high 28.7 points per game as Boston's centerpiece, but his Celtics future came into question last month due to a perceived rift with team management.

Sources told Charania that if traded to Milwaukee for Antetokounmpo, Brown would remain with the Bucks.

The Heat, who went 43-39 last season, have been seeking a lead star to pair with Bam Adebayo since trading Jimmy Butler to the Warriors last year.

The Bucks' trade saga with Antetokounmpo began in May 2025, when the two-time league MVP expressed an openness to finding his best fit outside of Milwaukee.

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