The Milwaukee Bucks have struggled lately, losing 10 of their last 13 games, while Giannis Antetokounmpo remains sidelined with a calf injury. Speculation about a potential trade for the star forward has increased as the NBA trade eligibility window opens in mid-December. Teams like the New York Knicks and Miami Heat are mentioned as possible destinations, though no deals are imminent.
The NBA trade landscape is buzzing as of mid-December 2025, with the deadline set for February 5. A key date arrived on Monday, making most offseason signees eligible for trades and sparking more discussions league-wide.
In Milwaukee, the Bucks' situation has grown complicated despite a recent win over the Boston Celtics on Thursday. The team has dropped 10 of its last 13 contests and 14 of 21 overall. Antetokounmpo, who missed seven games during this skid, suffered a strained right calf on December 3 and is expected to sit out through early January, according to coach Doc Rivers.
This slump has reignited talks about Antetokounmpo's future. Earlier interest from the New York Knicks fizzled, as the Knicks refused to include Jalen Brunson in discussions. The Knicks, who have won 15 of their last 19 games and trail the Detroit Pistons by two games in the East, believe they can contend without major changes.
Other teams are monitoring the scenario. The Miami Heat could assemble a package featuring draft picks, Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., and possibly Terry Rozier. However, Bucks GM Jon Horst, who signed an extension in April, is known for discreet negotiations and would demand significant returns.
Antetokounmpo holds leverage with his contract, able to opt out in 2027, but has not made a public demand. Rival executives expect clarity might come in the offseason, though pressure could accelerate matters. For now, the Bucks face uncertainty as they navigate the regular season without their superstar.