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Knicks Exit Giannis Hunt; Celtics Need Brown Trade

6/3/2026

Summary

Giannis Trade Block

The New York Knicks announced they are exiting the Giannis Antetokounmpo trade sweepstakes.
Shams Charania said the Knicks will not be a Giannis destination even if they lose NBA Finals to the Spurs.
Boston Celtics executives are intrigued by Giannis Antetokounmpo but would need to trade 2024 Finals MVP Jaylen Brown to pursue him.
Analysts say a multi-team deal moving Brown could give Boston assets while targeting the Greek Freak.

Summary

Giannis Trade Offer

The Miami Heat have offered a trade for Giannis Antetokounmpo that must satisfy the $58.5 million salary cap rule.
The package likely includes Tyler Herro’s $33 million expiring contract, Bam Adebayo, rookie Kel’el Ware, several prospects, the No. 13 draft pick and future first-round selections.
Giannis, with two years left on his $175 million contract and a 2027-28 player option, has told insiders he will only consider extending with Miami.

Summary

Giannis Trade Outlook

The Giannis market is crystallizing around Miami’s proven talent and Portland’s draft assets.
Portland leverages the Damian Lillard trade to obtain swap rights and several future first-round picks.
The Warriors face salary-cap constraints that limit their ability to bid for Giannis.
The Cavaliers and Knicks have shown little interest in breaking up their current rosters.
Milwaukee is preparing contingency plans before the 2026 NBA Draft to stay flexible.

History

Historical Context

In July 2010 LeBron James announced on ESPN’s The Decision that he would join the Miami Heat, giving Pat Riley a roster with Dwyane Wade and newly-signed Chris Bosh. Entering the 2010-11 season the Heat held nearly $48 million in cap space, enabling the “Big 3” formation that reshaped NBA free-agency strategies and spurred similar multi-team deals.

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Giannis Trade Block

The New York Knicks announced they are exiting the Giannis Antetokounmpo trade sweepstakes.
Shams Charania said the Knicks will not be a Giannis destination even if they lose NBA Finals to the Spurs.
Boston Celtics executives are intrigued by Giannis Antetokounmpo but would need to trade 2024 Finals MVP Jaylen Brown to pursue him.
Analysts say a multi-team deal moving Brown could give Boston assets while targeting the Greek Freak.

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