Bucks co-owner explains rationale behind Giannis Antetokounmpo trade

2 sources1 min read • Latest: Aug 1, 2026, 9:20 PM

Last updated Aug 1, 2026

Bucks co-owner explains rationale behind Giannis Antetokounmpo trade
Summary

Milwaukee Bucks co-owner Jimmy Haslam addressed the media on July 31 regarding the trade of Giannis Antetokounmpo to the Miami Heat. Haslam described Antetokounmpo as the team's best asset, essential for the rebuild following trades for Jrue Holiday and Damian Lillard that had previously stripped the franchise of future assets. He detailed the Bucks' return, which includes several players and draft picks, and expressed cautious optimism about the team's future. Haslam recognized that rebuilding in the NBA poses unique challenges, reflecting on the team's recent success contrasted with past difficulties prior to Antetokounmpo's rise. General manager Jon Horst also indicated that the franchise faces a hard reset amid this transition.

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Status Watch
  • Jimmy Haslam spoke on July 31 at Browns training camp.
  • Antetokounmpo was traded to the Miami Heat on June 22.
  • The trade included players like Tyler Herro and multiple draft picks.
  • Rebuilding is seen as particularly challenging in the NBA.
  • General manager Jon Horst acknowledged a hard reset for the franchise.
Latest Updates
  • 9:20 PMYahoo SportsMilwaukee Bucks co-owner Jimmy Haslam explains Giannis Antetokounmpo trade
What they're saying
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Milwaukee Bucks co-owner Jimmy Haslam explained the Giannis Antetokounmpo trade: ‘He was the best asset we had.’

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