Eric Pincus of Bleacher Report has floated what might be the most staggering trade proposal of the NBA offseason — a four-team, 14-player megadeal that would send two-time MVP Giannis Antetokounmpo to the Toronto Raptors in one of the most lopsided draft-asset hauls ever considered.
While this remains purely speculative, the groundwork laid out by Pincus highlights how desperate, ambitious, and imaginative franchises may need to be as the offseason chaos begins to swirl.
Toronto Raptors Receive: Giannis Antetokounmpo (via Bucks), Jalen Smith (via Bulls), Jevon Carter (via Bulls)
Milwaukee Bucks Receive: RJ Barrett (via Raptors), Gradey Dick (via Raptors), Chris Boucher (sign-and-trade via Raptors), Ja'Kobe Walter (via Raptors), Gabe Vincent (via Lakers), 2025 Toronto Raptors No. 9 pick, 2026 Toronto Raptors First-Round swap, 2026 Los Angeles Lakers Second Round pick (via Raptors), 2027 Tornto Raptors First-Round pick, 2028 Toronto Raptors First-Round swap, 2029 Toronto Raptors First-Round pick, 2030 Toronto Raptors First-Round swap, 2031 Toronto Raptors First-Round pick, 2032 Toronto Raptors First-Round swap (Top 5 protected)
Los Angeles Lakers Receive: Jakob Poeltl (via Raptors), Lonzo Ball (via Bulls)
Chicago Bulls Receive: Dalton Knecht (via Lakers), Jarred Vanderbilt (via Lakers), Shake Milton (via Lakers), AJ Lawson (via Raptors), $10 million trade exception (Lonzo Ball), $9 million trade exception (Jalen Smith) $1.5 million trade exception (JeVon Carter)
The Raptors Become Contenders Once Again
The Raptors, linked recently to Giannis by Doug Smith of the Toronto Star, would receive Antetokounmpo, along with Jalen Smith and Jevon Carter from the Chicago Bulls.
In return, the Raptors would offload nearly every tradeable pick from now through 2032, including the No. 9 pick in the 2025 Draft, multiple unprotected firsts, and several swap rights. They also surrender young talents like RJ Barrett, Gradey Dick, Ja’Kobe Walter, and rotational pieces like Chris Boucher (via sign-and-trade) and AJ Lawson.
The Bucks Commit To A Rebuild
The Milwaukee Bucks, in turn, would get a king’s ransom for parting with their franchise cornerstone. With Damian Lillard expected to miss the year due to injury and Milwaukee lacking flexibility, this deal resets the deck.
Barrett and Dick offer young talent with room to grow, while the enormous war chest of picks gives Milwaukee options they’ve lacked since dealing for Jrue Holiday and Lillard in recent years.
The Boucher contract is only partially guaranteed after year one, making him a trade chip midseason. The deal also allows the Bucks to pivot without fully tanking, instead becoming a gritty play-in threat with an eye toward rebuilding.
The Lakers Get A Center And A Defensive Specialist
The Lakers, not ones to sit out a blockbuster, quietly benefit by grabbing Jakob Poeltl to solve their long-standing center issues, and Lonzo Ball as a versatile backcourt piece with ties to the city and fans.
While the Lakers give up Dalton Knecht, Gabe Vincent, Jarred Vanderbilt, and Shake Milton, the return of Ball’s playmaking and Poeltl’s interior defense and rebounding add serious functional depth to a top-heavy Lakers team built around LeBron James and Luka Doncic.
Ball’s presence, in particular, brings a defensive specialist next to Doncic and Austin Reaves.
The Bulls Get Young Talent And Trade Exceptions
Meanwhile, the Bulls take advantage of the opportunity to flip non-essential assets into draft capital and bench depth.
Knecht and Vanderbilt are plug-and-play pieces who offer versatility and youth, while the various trade exceptions (including $10 million for Lonzo Ball) give Chicago the financial wiggle room to remain aggressive. For a franchise perpetually stuck between retooling and rebuilding, this gives them both flexibility and a clearer path.
Every Team Walks Away With Valuable Assets
While this Raptors-centric megadeal offers a blueprint for how Toronto could shock the league, the situation around Antetokounmpo continues to evolve. According to multiple reports, Giannis might end up staying in Milwaukee after all.
Despite the Bucks reportedly planning to pivot into a rebuild centered around youth and future draft assets, with names like high school phenom Dylan Harper already surfacing as long-term targets, there is still internal hope that the Greek Freak could be convinced to stick around.
That hasn’t stopped the bidding war from heating up elsewhere. The New York Knicks are reportedly preparing a “tsunami-type” trade offer in hopes of securing Antetokounmpo, signaling their own desire to go all-in after finally making the Eastern Conference Finals.
If Milwaukee decides to open the floodgates, there will be no shortage of suitors. Teams like the Heat, Spurs, Rockets, Bulls, and Hawks have also been linked in speculation.
Whether it’s a 14-player blockbuster to Toronto, a Madison Square Garden power move, or an unexpected extension in Milwaukee, one thing’s for certain: Giannis Antetokounmpo holds the keys to the NBA’s next great power shift. And until he makes a decision, the rest of the league is simply waiting on his next move.
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