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Timberwolves Eliminated from Giannis Trade Race as Bucks Seek More Assets
The Minnesota Timberwolves have been eliminated from contention for Giannis Antetokounmpo after the Milwaukee Bucks raised their trade demands on Friday. The two-team race for the star has narrowed to the Boston Celtics and Miami Heat, prompting Minnesota to shift focus toward acquiring complementary guards like Derrick White and Josh Giddey.



Quick Facts
Who
Minnesota Timberwolves
What
Bucks informed Timberwolves they are out of Giannis trade race
When
Friday (June 20, 2026)
Where
Milwaukee
- Bucks informed Timberwolves they are out of Giannis trade race
- Bucks increased trade asking price
- Celtics and Heat emerge as finalists for Antetokounmpo
- Timberwolves pivot to pursuing Derrick White
- Timberwolves express interest in Josh Giddey
The Minnesota Timberwolves have been ruled out of the running for Milwaukee Bucks star Giannis Antetokounmpo after the franchise informed them on Friday that their asking price has increased substantially since winter negotiations. According to NBA insider Marc Stein, the Bucks want "even more now than the teams discussed in the winter," effectively ending Minnesota's pursuit of the two-time NBA MVP. The trade for Antetokounmpo has narrowed to a two-team race between the Boston Celtics and Miami Heat, with ESPN's Shams Charania confirming both franchises as finalists.
The Timberwolves had been among the most aggressive suitors for Antetokounmpo earlier in the offseason, with the Bucks previously expressing interest in a package that would have included Jaden McDaniels, Naz Reid, Terrence Shannon Jr., and two tradable first-round picks. However, the Timberwolves indicated McDaniels was off-limits, and Antetokounmpo's stated preference for an Eastern Conference destination complicated matters. Athletic beat reporter Jon Krawczynski acknowledged the slim odds while suggesting the door remains theoretically open: "The longer the Bucks go without getting a deal done with another team, the more the door stays open for Minnesota. But it seems like a very long shot at this point."
With the Giannis path closed, the Timberwolves have pivoted their trade focus to acquiring additional ballhandlers to pair with star Anthony Edwards. Minnesota has aggressively pursued Boston's Derrick White but has been rebuffed by the Celtics. The franchise has also expressed interest in Chicago's Josh Giddey and New Orleans' Trey Murphy III, though neither the Bulls nor Pelicans have signaled willingness to trade at the Wolves' asking price. The team also gauged the trade value of Julius Randle, Donte DiVincenzo, and the No. 28 overall draft pick.
The Timberwolves must also navigate free agency carefully, particularly regarding backup point guard Ayo Dosunmu, who gains leverage when free agency negotiations officially begin on June 30. Should Minnesota fail to acquire a proven starting point guard through trades, they risk losing Dosunmu to another franchise willing to pay premium wages. The franchise brought in Alabama point guard Labaron Philon for a pre-draft workout, potentially signaling interest in trading up from their current draft position.
Why This Matters
The Timberwolves' elimination from the Giannis sweepstakes represents a critical pivot in franchise strategy. Fans should monitor Minnesota's pivot to acquiring complementary guards—particularly Derrick White and Josh Giddey—as these moves will determine whether Anthony Edwards receives adequate backcourt support. Additionally, the June 30 free agency deadline creates urgency around retaining backup point guard Ayo Dosunmu, making the next two weeks pivotal for the team's competitive window.
Timeline & Sources
Jun 20, 2026
WireBucks inform Timberwolves they are out of running; asking price increased
Jun 22, 2026
WireMarc Stein reports Wolves eliminated as of Friday; Celtics and Heat confirmed as finalists
Jun 23, 2026
WireBleacher Report confirms two-team race between Celtics and Heat
Jun 24, 2026
WireNBA Draft first round scheduled
Jun 30, 2026
WireNBA free agency negotiations officially begin at 5 p.m. CT