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T-Wolves Reportedly Out on Giannis Trade After 'Very Aggressively Trying to Get' Bucks Star

Adam WellsFeb 5, 2026

The odds of a Giannis Antetokounmpo trade happening before Thursday's 3 p.m. ET deadline appear to be dramatically decreasing with another suitor reportedly out of the mix.

Appearing on First Take, ESPN's Brian Windhorst explained that the Minnesota Timberwolves have "moved on" from trying to acquire Antetokounmpo despite "very aggressively trying" to get a deal done with the Milwaukee Bucks:

"Minnesota, who was also very aggressively trying to get Giannis, they have moved on. About 10 minutes ago, Shams reported that they have traded four second-round picks and Rob Dillingham, a lottery pick from last year, for Ayo Dosunmu from the Bulls. He will be the guard that they're going to put for the foreseeable future alongside Anthony Edwards. So you can tell that Minnesota and Golden State think they're not getting Giannis today."

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Windhorst's report came in the wake of Minnesota trading Rob Dillingham, Leonard Miller and four second-round picks to the Chicago Bulls for Ayo Dosunmu and Julian Phillips, per ESPN's Shams Charania.

Minnesota would be the second team that was believed to have serious interest in Antetokounmpo to fall out of the running.

Per ESPN's Bobby Marks, the T-Wolves' current outlook includes three open roster spots and they have dipped below the first apron with $192.2 million in financial commitments.

After the Golden State Warriors traded Jonathan Kuminga and Buddy Hield to the Atlanta Hawks for Kristaps Porziņģis on Wednesday night, Charania and Slater reported it marked the "unofficial end" of their pursuit of Antetokounmpo.

Among the teams that have previously been cited as seriously pursuing Antetokounmpo, the Miami Heat and New York Knicks are the only ones left standing.

New York's only tradable draft assets are pick swaps in 2026, 2030 and 2032, plus a 2026 second-round pick from the Washington Wizards. Miami can trade first-round picks in 2030 and 2032, along with swaps in 2026 and every year from 2029 to '32.

The Timberwolves were always going to struggle to put together a strong enough offer to Milwaukee because of past moves that left them without much draft capital. They also don't have any young, high-ceiling players on the roster to build a deal around.

Dillingham was supposed to be an upside play for the T-Wolves when they traded up with the San Antonio Spurs to get him eighth overall in the 2024 draft, but he never found a role in Minnesota.

Even if they don't end up making a move for Antetokounmpo before the deadline, the Timberwolves are set up for another deep playoff run this season. They have won five of their last six games and are 32-20 overall, fifth in the Western Conference.

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