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Giannis Traded to Heat 😱

2026 NBA Draft Trade Tracker and Grades

Andy BaileyJun 23, 2026

The NBA Draft is upon us, and trades are happening all over the league.

The Minnesota Timberwolves, Brooklyn Nets, Chicago Bulls, Milwaukee Bucks and Miami Heat got the party started with trades involving Julius Randle and Giannis Antetokounmpo, and the action and rumors kept flying through Tuesday.

As each one comes through, B/R will be here with instant reaction and analysis.

Giannis Antetokounmpo to the Heat

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Milwaukee Bucks v Miami Heat

Heat Receive: Giannis Antetokounmpo and Bobby Portis

Bucks Receive: Tyler Herro, Jaime Jaquez Jr., Kel'el Ware, Kasparas Jakučionis, three first-round picks, one first-round pick swap and one second-round pick

There are plenty of winners and losers from the Bucks' and Heat's mega-swap that sent Giannis to Miami, but this move is not without its risks.

Giannis could be post-prime, he's often injured and his game isn't a perfect fit next to Bam Adebayo's (at least on offense).

But as a pure talent play, even with all Miami gave up, this is understandable. The Heat now have a player who's still one of the 3-5 best in the world when he's healthy.

And the Bucks can finally start their long overdue rebuild with a solid haul.

Heat Grade: B+

Bucks Grade: A-

Timberwolves Unload Julius Randle

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Minnesota TImberwolves v Brooklyn Nets

Nets Receive: Julius Randle and the No. 28 pick

Timberwolves Receive: No. 33 pick

Bulls Receive: Nic Claxton

This is a fascinating deal for everyone involved.

With the new anti-tanking measures put in place by Adam Silver, there isn't much incentive left for losing, so the Brooklyn Nets and Chicago Bulls both getting rotation-level big men for free makes sense.

Brooklyn, specifically, gets a former All-Star who's driving should complement Michael Porter Jr.'s shooting well.

And for the Timberwolves, getting out of the rest of Randle's contract while only having to move down five spots is a major financial win.

Nets Grade: A-

Bulls Grade: B

Timberwolves Grade: Incomplete (for now...)

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