NBA Wiretap

The Miami Heat have acquired Giannis Antetokounmpo from the Milwaukee Bucks for  Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, three first-round picks, one pick swap and a second rounder. Jon Horst and Andy Elisburg finalized the trade agreement on Monday evening. 

The Bucks also considered a trade with the Boston Celtics centered around Jaylen Brown and two first round picks, but decided ultimately to move forward with a more voluminous deal with the Heat. Both the Heat and Celtics were on Antetokounmpo's preferred list of destinations. 

Antetokounmpo will give the Heat one of the NBA's best big man pairings alongside Bam Adebayo. Antetokounmpo had been linked with a trade to the Heat dating back to 2020 before the Bucks acquired Jrue Holiday and he subsequently signed a supermax contract before winning the 2021 championship. 

Miami's picks traded to the Bucks will be No. 13 in Tuesday's draft along with unprotected first rounders in 2031 and 2033, a pick swap in 2030, and a 2033 second rounders.

The Bucks preferred the flexibility of controlled contracts and future draft picks from the Heat over a superstar player-led trade of Brown from the Celtics. 

The deal will not become official until July 6th and could be expanded to include other teams, but is a one-for-one deal as currently constructed. 

Sources told ESPN that from May 2025 through May 2026, Antetokounmpo and his agent, Alex Saratsis, consistently informed the Bucks that he preferred to part ways and that he would not sign another long-term extension.

Antetokounmpo directed the Bucks to engage in trade talks with the New York Knicks last offseason as that was his preferred landing place. Talks never progressed to the point of becoming serious and the Knicks went on to win their first NBA championship since 1973.

Ayo Dosunmu and the Minnesota Timberwolves have agreed to a five-year, $112 million contract. Dosunmu will hold a player option for Year 5 of the contract. 

The agreement comes hours after the Wolves traded Julius Randle to the Brooklyn Nets in order to clear salary.

The Wolves traded Rob Dillingham and four second round picks to the Chicago Bulls at the deadline to acquire Dosunmu. 

Dosunmu averaged 14.4 points, 4.2 rebounds and 3.5 assists in 24 regular season games with the Wolves. 

Dosunmu is represented by Mike Lindeman.

The Minnesota Timberwolves have traded Julius Randle to the Brooklyn Nets as part of a three-team trade with the Chicago Bulls. The Bulls will acquire Nic Claxton from the Nets as part of the deal.

Minnesota will also send the No. 28 pick to the Nets while getting the No. 33 pick back in return.

The Wolves re-signed Randle during the 2025 offseason on a three-year, $100 million contract as they prioritized retaining him over Nickeil Alexander-Walker. Minnesota is now unloading Randle as they look to re-sign Ayo Dosunmu and open up the use of their exceptions. The Wolves will also create a $33.3 million trade exception as part of the move.

Randle appeared in 79 games last season, averaging 21.1 points, 6.7 rebounds and 5.0 assists in 33.0 minutes. Randle's 18.2 PER in the regular season dropped to 10.9 during the playoffs.

Naz Reid will move into the starting power forward role with the decision to move on from Randle. Jaden McDaniels, meanwhile, will continue his emergence as a co-star for Anthony Edwards on offense.

Claxton is on a $23.3 million contract for the 2026-27 season that the Bulls will use their cap space to take on. Claxton averaged 11.7 points, 6.9 rebounds, 3.7 assists and 1.1 blocks in 27.8 minutes over 69 games last season with the Nets.

The Boston Celtics made an aggressive pursuit to acquire Giannis Antetokounmpo from the Milwaukee Bucks and offered package built around Jaylen Brown and two first round picks.

The Bucks decided to move forward with a trade of Antetokounmpo to the Miami Heat shortly before midnight on Tuesday.

There is now an expectation that Brown could be made available by the Celtics in other potential deals.

Brown is coming off his best individual season of his career and is eligible for a contract extension this offseason.

While the Celtics have never actively shopped Brown in trade talks, he has now been offered twice over the past five offseasons. When Kevin Durant was made available by the Brooklyn Nets in 2022, the Celtics offered Brown as part of their package. Brown went on to win Finals MVP for the Celtics in 2024.

Trae Young and the Washington Wizards have agreed to a four-year, $212 million contract extension. Young declined his $49 million player option to become a free agent and sign an entirely new contract. The amount represents the most Young was eligible to sign in free agency with a rival team.

The Wizards acquired Young from the Atlanta Hawks in January.

Young played in only five games with the Wizards following his trade, averaging 15.2 points, 3.0 rebounds and 6.2 assists in 20.7 minutes.

Young was initially rumored to be re-signing with the Wizards on a three-year, $120 million deal. Young was also going to possibly take meetings with rival teams when free agency was set to open on June 30.

The Wizards will add to their core with the first overall pick in Tuesday's draft where they are expected to choose between AJ Dybantsa and Darryn Peterson.

Dusty May has agreed to leave Michigan to become head coach of the Dallas Mavericks. May led the Wolverines to the 2026 national championship and he exits the program several months later following the recruiting cycle. May previously was head coach of Florida Atlantic where he led the school to the 2023 Final Four.

May is the first college head coach to go directly to the NBA since John Beilein left Michigan to become head coach of the Cleveland Cavaliers. 

May will inherit a Mavericks' roster led by Cooper Flagg. 

Masai Ujiri parted ways with Jason Kidd as head coach soon after he was hired to run the basketball operations department. Kidd had $40 million over four seasons remaining on his contract.

The Mavericks also had interest in hiring Jon Scheyer away from Duke.

The two leading candidates to be selected first overall in Tuesday's NBA Draft say they have received no indication from the Washington Wizards on how the top of the board will fall. AJ Dybantsa and Darryn Peterson both said Monday they expect to find out alongside everyone else.

"I'm going to find out when you find out," said Dybantsa.

"That's the only thing I'm not a big fan of," said Peterson. "I've got no clue (about Tuesday). But we're going to see."

The outcome is notably uncertain compared to recent drafts. Victor Wembanyama in 2023 and Cooper Flagg in 2025 were each considered locks for the top selection well in advance.

Dybantsa, a 6-foot-9 wing from BYU, led Division I in scoring last season at 25.5 points per game across 35 games. Peterson, a 6-5 combo guard from Kansas, averaged 20.2 points in 24 games while battling quadriceps, hamstring and ankle injuries.

Peterson confirmed he met with Utah Jazz representatives over the weekend despite opting out of a formal workout with the club, which holds the No. 2 pick.

"(It was) just a decision that was made, but I'm definitely not dodging any team," said Peterson. "Whoever takes me, I'm going to come in and be delighted to be there. And wherever that happens to be, they'll get the best me."

Dybantsa said he would welcome a fit in Washington alongside the club's young core.

"They've got a good young core," said Dybantsa. "So if I went there, I could fit in, be a real dynamic player, a dynamic wing there, make an offensive impact and a defensive impact."

Peterson echoed similar confidence in his own Wizards visit.

"I went out there and met with the staff and the GMs and all that, and we connected, which is something huge for me," said Peterson. "I want to have a connection with those guys."

Mohamed Diawara has agreed to sign a multi-year contract to remain with the New York Knicks worth more than $10 million. Diawara was set to become a restricted free agent after he was the 51st overall pick in the 2025 NBA draft.

Diawara appeared in 69 games, averaging 3.6 points and 1.4 rebounds in 9.2 minutes.

Diawara is represented by Olivier Mazet.

The Houston Rockets have signaled to rival teams that Amen Thompson is the only player on their roster who is practically untouchable on their roster, sources tell Kelly Iko of Yahoo Sports.

Thompson will become eligible for a contract extension this offseason with the two sides expected to continue talks after the draft.

The Rockets aren't actively shopping the likes of Alperen Sengun or Kevin Durant, but are expressing more of a willingness to listen than in the past. Houston had a disappointing first round exit to the Los Angeles Lakers.

Houston would like to re-sign Tari Eason in restricted free agency, while Fred VanVleet is also expected to return either on his $25 million player option or on a longer contract. VanVleet tore his ACL last September and missed the entire season. 

Dorian Finney-Smith is a logical trade candidate after signing a four-year, $53 million deal last offseason. Finney-Smith has received trade interest this offseason after having a difficult initial season with the Rockets returning from left ankle surgery.

Las Vegas Golden Knights founder and majority owner Bill Foley announced Monday he is pursuing an NBA expansion franchise in Las Vegas, entering a bidding process that league projections suggest could generate offers between $7 billion and $10 billion.

The NBA's board of governors approved a vote in late March to explore expansion bids exclusively in Las Vegas and Seattle, with all 30 owners voting in favor of the initiative, according to ESPN's Shams Charania.

Foley has retained Morgan Stanley & Co. LLC as financial adviser and Simpson Thacher & Bartlett LLP as legal counsel. The law firm has prior involvement in NBA ownership transactions involving the Brooklyn Nets and San Antonio Spurs.

"Las Vegas has earned its place among great sports cities in America, and an NBA team belongs here," said Foley. "We built the Golden Knights into a championship organization from the ground up, and we are prepared to do it again -- with the same standard, the same commitment to this community, and the same insistence on winning. We have the market, a proven world-class arena and a best-in-class organization in place. Our intention is to be ready the day the NBA is ready."

Foley intends to base the team at T-Mobile Arena, which has hosted collegiate and professional basketball since opening in April 2016 and seats 18,000 for basketball. Foley said he expects the bid group to include "a limited number of strategic and minority partners" aligned with the franchise's long-term vision.

Forbes estimates Foley's net worth at $2.6 billion. He also owns AFC Bournemouth, FC Lorient, Moreirense F.C. and Auckland FC across four international soccer leagues.

Under Foley's leadership, the Golden Knights reached the Stanley Cup Final in their inaugural 2018 season before claiming the title in 2023. The franchise returned to the Final again this season and lost to the Carolina Hurricanes. Las Vegas has grown considerably as a sports market, adding the NFL's Raiders in 2020, with MLB's Athletics set to arrive in 2028.

"This is the NBA's decision to make," Foley said. "Our job is to provide the league a Las Vegas option that is ready, credible, and built to last."