The Milwaukee Bucks have agreed to a two-way deal with Alex Antetokounmpo, Octagon managing director Alex Saratsis told ESPN’s Shams Charania. The youngest of the Antetokounmpo brothers will reunite with his older siblings, Giannis and Thanasis, in Milwaukee.
February 19, 2022; Cleveland, OH, USA; Team Antetokounmpo player Alex Antetokounmpo of the Raptors 905 of the NBA G League (29) during the Skills Challenge during the 2022 NBA All-Star Saturday Night at Rocket Mortgage Field House. Mandatory Credit: Kyle Terada-USA TODAY Sports
This move makes NBA history as the first time three brothers have held active roster spots on the same team. Alex Antetokounmpo had been playing in Europe since 2024 after spending time in the G League following the 2021 draft, where he went undrafted. He previously suited up for the Raptors 905 during the 2021-22 season and later joined Milwaukee’s G League affiliate the Wisconsin Herd from 2022 to 2024.
The Milwaukee Bucks are signing Alex Antetokounmpo to a two-way NBA deal, joining older brothers Giannis and Thanasis, Octagon's Alex Saratsis tells ESPN. This marks the first time in NBA history that three brothers are on active roster contracts with the same team. pic.twitter.com/X7JdTURinQ
— Shams Charania (@ShamsCharania) October 13, 2025
To make room for Alex Antetokounmpo, the Bucks are waiving guard Jamaree Bouyea from his two-way contract, according to sources who spoke with ESPN.
Giannis Antetokounmpo and the Bucks
Mar 24, 2025; Phoenix, Arizona, USA; Milwaukee Bucks forward Giannis Antetokounmpo (34) celebrates a play against the Phoenix Suns at Footprint Center. Mandatory Credit: Mark J. Rebilas-Imagn Images
Giannis Antetokounmpo has remained at the center of trade speculation this offseason, with rumors intensifying after he skipped Milwaukee’s media day. Reports that his family returned to Greece following his EuroBasket 2025 campaign have only added to the belief that his time with the Bucks could be running out.
The Greek Freak turned in another dominant campaign in 2024-25, posting averages of 30.4 points, 11.9 rebounds, 6.5 assists, and 1.2 blocks per game. He shot 60.1 percent from the field while playing 34.2 minutes per contest over 67 appearances.
This summer, Giannis steered the Greek national team to a bronze medal at the 2025 EuroBasket tournament, describing the achievement as the pinnacle of his career. His brothers, Thanasis and Kostas, joined him on the roster, contributing to the team’s success.
Nov 23, 2022; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Thanasis Antetokounmpo (43), Chicago Bulls forward Kostas Antetokounmpo (37) and Milwaukee Bucks forward Giannis Antetokounmpo (34) pose for a picture after the game at Fiserv Forum. They are brothers. Mandatory Credit: Benny Sieu-USA TODAY Sports
The two-time MVP has emphasized that his top priority is winning more championships, and at 30, he knows every season matters. Still, many fans and analysts question whether Milwaukee’s current roster has the pieces to mount a serious title run.
If Giannis Antetokounmpo ends up on the trade block, his next destination is anyone’s guess. The Los Angeles Lakers are unsurprisingly expected to pursue him, while the Golden State Warriors could also make a significant push. Whoever acquires him would instantly become a top championship contender.
With two of his brothers now on the roster, it appears Giannis is set to remain in Milwaukee, at least for the time being.