Bucks Rumors: Antetokounmpo, Early Struggles, Beauchamp

The Bucks are off to a 1-5 start this season after falling to the Cavaliers at home on Saturday for their fifth straight loss, but the “league-wide lusting” for Giannis Antetokounmpo had begun even before Milwaukee stumbled out of the gate, Marc Stein writes in his latest Substack story.

As Stein explains, outside interest in Antetokounmpo – and optimism that he could eventually become available – stems from two key factors. The first is the Bucks’ salary cap and roster situation, since the club is operating over the second tax apron with an aging core and limited trade assets.

The second factor, Stein says, is an interview that Antetokounmpo gave to Tania Gaguli of The New York Times in August 2023. In that conversation, which took place before the Bucks acquired Damian Lillard, the star forward expressed a desire to remain in Milwaukee for the rest of his career only if he continues to believe the team is capable of winning another title.

While there has been no indication that Giannis has lost faith in the current iteration of the Bucks, the team isn’t in a great spot, coming off two straight first-round exits and having posted a sub-.500 regular season record (18-24) so far under head coach Doc Rivers. Things won’t get any easier on Monday night with another game against the Cavaliers on tap, this time in Cleveland, though Antetokounmpo was encouraged by what he saw as forward progress in Saturday’s one-point loss.

“I think we are headed towards the right direction,” he said, per Jim Owczarski of The Milwaukee Journal Sentinel. “Now, that doesn’t mean we’re going to go to a five-game winning streak or 10-game winning streak, but I know that we are playing better and we trust another.”

Here’s more on the struggling Bucks:

  • In the event that Antetokounmpo becomes available via trade, a “credible” list of potential suitors would likely start with the Warriors, Heat, Nets, and Knicks, Stein states in his Substack story. While New York looks like a somewhat improbable suitor based on its current roster and draft assets, Stein says he’s heard “more than one rival team” wonder if having a star like Karl-Anthony Towns available to put in a future offer for Giannis was one of the reasons why the Knicks were willing to pull the trigger on that preseason deal with Minnesota. I’m a little skeptical that Towns is the sort of the player the Bucks would target if they ever seriously consider trading Antetokounmpo.
  • The Bucks and MarJon Beauchamp‘s representatives at Klutch Sports are working together to try to find a new home for the third-year forward, league sources tell Stein. Beauchamp, the No. 24 pick in the 2022 draft, has yet to emerge as a rotation player and recently had his fourth-year option for 2025/26 option declined, putting him on track to become an unrestricted free agent in July 2025. As long as they continue to operate above the second apron, the Bucks wouldn’t be able to aggregate the 24-year-old’s salary ($2,733,720) with another player’s salary for matching purposes in a bigger deal.
  • Beauchamp spoke to Owczarski of The Journal Sentinel on Saturday about his reaction to the Bucks declining his option. “I needed that to kind of put a fire under me,” he said. “So, I know who I am though and I know what (kind of) basketball player I am so I’m not really phased on that. I know that my work will always show and as long as I believe in myself, I’m not really worried about that. Maybe it was a blessing in disguise, you know? I’m still worried about right now and controlling what I can control.”
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