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Fischer’s Latest: Giannis, Knicks, Nets, Hawks, Spurs, Warriors

December 8, 2025 by Hoops Rumors

When the Bucks briefly explored the possibility of a Giannis Antetokounmpo trade over the summer, the Knicks were the only team they spoke to, with the star forward having reportedly expressed some interest in the idea of playing in New York.

Given Antetokounmpo’s apparent affinity for the Big Apple, the Nets have long believed they could have a real shot at winning the Giannis sweepstakes if he ever ends up on the trade block, writes Jake Fischer of The Stein Line (Substack link). However, according to Fischer, while the Knicks continue to be viewed as a credible threat to land the two-time MVP, Brooklyn is no longer being described in the same terms.

As Fischer explains, the Nets are prioritizing a high pick in the 2026 draft in the hopes of landing a young franchise player to build around, and don’t have the sort of championship-caliber roster that Antetokounmpo would be seeking in the event that he requests a trade.

The Knicks, conversely, have a roster better equipped to contend with Giannis, but may lack the assets to sell Milwaukee on a deal. For what it’s worth, Fischer hears from multiple sources that Antetokounmpo told at least one Bucks teammate during the offseason that he thought a deal with the Knicks was close to happening, though multiple reports have indicated that the two teams didn’t gain real traction in their discussions.

Here’s more from Fischer:

  • The Hawks could make a compelling offer for Antetokounmpo by offering the 2026 first-round pick they acquired from New Orleans back in June. If the Bucks were to acquire that pick, they’d control both their own and the Pelicans’ first-rounders in the upcoming draft. Fischer says he has been repeatedly – and “quite strongly” – told since the start of the season that Atlanta won’t trade that “most favorable” first-rounder, which could end up with the best odds to be No. 1 overall, but he believes the Hawks’ front office would have to at least consider the idea if it meant adding a superstar like Giannis.
  • The Spurs have talked to Antetokounmpo’s U.S.-based agent Alex Saratsis multiple times over the years about the possibility of joining their front office, sources tell Fischer. Despite that link between the two parties, Fischer says there’s no guarantee San Antonio would be a major player in the Giannis sweepstakes if he seeks a deal, noting that the Spurs have thus far been unwilling to consider moving either Dylan Harper or Stephon Castle, even for Antetokounmpo.
  • During past trade discussions for other players, the Warriors have “never been close” to putting both Jonathan Kuminga and Brandin Podziemski in the same package, Fischer writes. They also have never seriously entertained any scenario in which they trade Draymond Green. However, Fischer thinks the club would be open to reconsidering both of those possibilities if Antetokounmpo is on the table.

Filed Under: Hawks

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