Salary expert Yossi Gozlan reports: The Heat used a 125% trade exception in the Giannis Antetokounmpo deal, which has triggered the hard cap. They are now only $18.1 million away from the first luxury tax apron and need to use that money to fill four roster spots. However, they could create more cap space later by trading away Jovic or having Wiggins opt out of his contract.

The first major trade of the offseason was completed today: Giannis Antetokounmpo has been traded to the Miami Heat. He finally got what he wanted, escaping the playoff-less, lottery-bound Bucks and instantly transforming the Heat into a championship contender.

In a deal that flew under the radar, here are the details: Brooklyn gets Julius Randle and the 28th pick; Chicago receives Nic Claxton; Minnesota gets the 33rd pick.

The day has finally arrived. The Bucks have traded Antetokounmpo to the Heat! Bucks send: Giannis + Portis; Heat send: Herro, Ware, Jaquez, Jakub, 3 first-round picks (including this year's 13th pick), 1 pick swap, and 1 second-round pick. That's a massive 2-for-9 deal! Over the past two years, rumors of Giannis leaving never stopped. Honestly, I've been tired of watching this drama for a long time.

On June 23, Beijing time, the Bucks and Heat completed a blockbuster 2-for-9 trade, with Giannis Antetokounmpo officially leaving Milwaukee to join Miami, starting a new chapter in his career. Renowned journalist Shams revealed more behind-the-scenes details of the deal on a show. In fact, as early as a year ago, Giannis had already determined that his time with the Bucks was over. Here are the specifics — the 13-month-long trade saga surrounding Giannis and the Bucks has finally come to an end.

On June 23, Beijing time, in a 2-for-9 blockbuster deal, Giannis Antetokounmpo officially left the Bucks to join the Heat. ESPN subsequently analyzed the winners and losers of this trade, as follows—Winner: Milwaukee Bucks Bucks fans are filled with grief at this moment, having witnessed Giannis transform from an unknown, skinny teenager into a dominant champion and two-time MVP who ruled the court.

The dust has settled. Shams, the insider king: The Bucks send Giannis and Portis to the Heat in exchange for Herro, Ware, Jaquez, Jakucionis, three first-round picks, one first-round pick swap, and one second-round pick. A 9-for-2 epic mega-deal. The Celtics indeed submitted an offer for Giannis, including Jaylen Brown and two first-round picks, but ultimately the Bucks chose Miami's package.

The first bombshell of the 2026 NBA trade period has been detonated, as Giannis Antetokounmpo will now be teammates with Bam Adebayo in Miami Heat.

On June 23, Beijing time, the Miami Heat completed a blockbuster trade, bringing in Giannis Antetokounmpo and Bobby Portis. However, the team's offseason reinforcement work is far from over, as they gear up for the highly anticipated 2026-27 season. While the trade that brought the "Greek Freak" from the Bucks has thrilled Heat fans, the question remains: which players should the team add to complete the roster now that the superstar and Bam Adebayo form a new interior duo?

June 23, Beijing time - finally settled! Reporter Shams reports that Giannis Antetokounmpo, long dissatisfied with the Milwaukee Bucks, has been sent to the Miami Heat in a blockbuster trade! This deal was completed just before the NBA Draft and its impact is enough to shake the entire league. The Heat’s roster undergoes a massive transformation, while the Bucks officially enter a new era of team-building. This is absolutely an epic trade.