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The Los Angeles Lakers could be one step closer to adding Giannis Antetokounmpo based on trade rumors, while LeBron James' future is bleak.
The Los Angeles Lakers never entered the trade-deadline bidding for Giannis Antetokounmpo — but according to NBA insider Chris Haynes, Milwaukee’s decision to hold onto its franchise star was driven by timing, not disinterest, a reality that could still create an opening for Los Angeles this summer.
Haynes reported that the Milwaukee Bucks approached the deadline as a market-evaluation exercise rather than a moment to execute a franchise-altering trade, believing the offseason would present a broader and more favorable landscape.
“Sources close to me told me that [Giannis] never requested a trade,” Haynes said on NBA on Prime. “Obviously, he’s been applying pressure over the last couple of years in hopes that the Bucks would turn this roster into a championship-contending roster. He wants to contend for a title during his prime.
“But right now, he’s happy. I was told he’s committed and focused on getting back healthy from that calf injury.”
Haynes added that Milwaukee’s posture was deliberate.
“What stopped a move from happening right now was that the Bucks were essentially in an intel-gathering phase,” he said. “They wanted to see what deals were out there, and they decided the offseason would be better suited to make a real play.”
That framing helps explain why the Lakers stayed on the sidelines in February — and why league insiders continue to connect them to long-term Giannis scenarios.
Why No Giannis Trade at the Deadline
At the trade deadline, Los Angeles simply lacked the tools to compete.
Because of prior obligations and the NBA’s Stepien Rule, the Lakers had only one first-round pick available to trade — either their 2031 or 2032 selection. That limitation alone made it difficult to assemble a package capable of matching offers from teams with deeper draft inventories.
Their most valuable trade chip, Austin Reaves, earns $13.9 million this season, a team-friendly contract that enhances his value on the court but complicates star-level trade construction. His salary falls far short of Antetokounmpo’s max figure and below the “blue-chip” threshold Milwaukee was believed to prefer at the deadline.
Without multiple first-round picks or a premium young player on a scalable contract, league executives viewed the Lakers as non-participants in the February market.
Howard Beck: Lakers Still on Giannis’ Radar
Despite those constraints, the Lakers’ name continues to surface in long-term Giannis discussions.
The Ringer’s Howard Beck said Los Angeles remains a franchise to monitor from Antetokounmpo’s perspective, even if the asset math didn’t work during the season.
“I was told recently that the Lakers were a team to keep an eye on from Giannis’ standpoint,” Beck said on The Zach Lowe Show on Jan. 29. “But again, there’s a difficulty there in terms of trade assets.”
That difficulty, Beck noted, is largely seasonal.
Offseason Could Reshape Lakers’ Giannis Outlook
Austin Reaves, Austin Reaves return timline, Lakers
GettyAustin Reaves is the Los Angeles Lakers’ biggest trade chip.
Once the calendar flips to the offseason, the Lakers’ flexibility increases significantly.
“Once the summer comes, they’ve got more on the draft capital side of things,” Beck said. “And they’ve got more clarity once they figure out where LeBron James is or isn’t and where Austin Reaves is.”
By the summer, 41-year-old James will be an unrestricted free agent and Los Angeles is projected to control three first-round picks, restoring leverage that simply did not exist at the deadline.
Reaves’ contract situation could also become an asset rather than an obstacle. Under NBA rules, only the Lakers can offer Reaves a five-year maximum contract, enabling a sign-and-trade mechanism that was unavailable during the season.
According to Bleacher Report’s Dan Favale, that max deal is projected at five years, $240.7 million, an average annual value of $48.14 million — much closer to Antetokounmpo’s projected $58.5 million salary next season.
At that point, Reaves could serve as a legitimate salary-matching pillar rather than a limiting factor. But the Lakers will need Reaves’ cooperation.
Why Lakers Are Betting on the Summer
But like the Lakers, the Bucks will enter the offseason with access to three first-round picks, including a 2026 selection that could slide toward the lottery if their current struggles continue. Milwaukee will need those assets — and creative roster reshaping — to convince its superstar that another legitimate championship window still exists.
The Lakers, meanwhile, are betting it won’t be enough — and that a partnership with Luka Dončić represents Antetokounmpo’s clearest path to a second NBA title.