San Antonio, TX – In a significant development that marks the most substantive movement in years of speculation, league sources confirm that the San Antonio Spurs and Milwaukee Bucks have recently discussed a potential trade centered around two-time MVP Giannis Antetokounmpo. The conversations, described as focused and serious, represent the closest the NBA has come to a legitimate Antetokounmpo trade framework since rumors began circulating in 2020.
The news was first reported on Thursday by syndicated NBA writer and analyst Dusty Garza of SpursReport, who revealed that San Antonio made clear in negotiations that both Stephon Castle and Dylan Harper are untouchable. Castle, the reigning NBA Rookie of the Year, and Harper, the No. 2 overall pick in this year’s draft, are considered foundational pillars of the Spurs’ long-term strategy alongside franchise center Victor Wembanyama.
As of Thursday evening, momentum between the two teams has appeared to stall. According to Garza’s sources, Milwaukee communicated that it will not entertain a deal that does not include either Castle or Harper heading to the Bucks. San Antonio’s refusal to part with either prospect appears to have halted any progress.
Analysts had long pointed to the Spurs as one of the few organizations with both the draft capital and young star power needed to construct a compelling offer for Antetokounmpo. However, Garza’s reporting also indicates that Antetokounmpo remains highly interested in the possibility of landing with the New York Knicks. Insiders believe New York would need to meaningfully expand its trade package with additional assets and rotation players in order to satisfy Milwaukee’s requirements.
Speculation surrounding Antetokounmpo’s future has surged repeatedly since 2020, often tied to roster instability, coaching changes, and shifting competitive timelines in Milwaukee. The latest spike in chatter follows a series of questions about the team’s ability to contend in the increasingly competitive Eastern Conference.
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