On Thursday morning, The Ringer’s Bill Simmons reported on his latest podcast that contract extension talks were a factor in why the Celtics were not able to land Giannis Antetokounmpo.
Antetokounmpo, Simmons reported, wanted a three-year extension while the Celtics wanted two (and the money was based more on percentage of the cap than raw totals). Simmons reported that Antetokounmpo wanted three years at 35%, the Celtics “were pretty entrenched” at two years at 30%.
“Giannis wanted the three [years]
for 35% [of the cap], and they couldn’t agree on it,” Simmons said.
(Based on the current cap, that’s a difference of roughly $8.2 million per year).
However, a league source told CelticsBlog that Giannis Antetokounmpo’s looming extension was not a factor in why the Celtics didn’t land him, and that they were prepared to offer him the full 3-year, 35% contract extension.
Milwaukee ultimately accepted an offer from the Miami Heat that included Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, three first-round picks (including No. 13 in the 2026 NBA draft), one pick swap and one second-round pick. Antetokounmpo, in turn, lands in Miami after a season in which he averaged 27.6 points, 9.8 rebounds, and 5.4 assists, while shooting 62.4% from the field.
On Wednesday, the Celtics traded Jaylen Brown to the Philadelphia 76ers for Paul George, two first-round picks, and two second-round picks. Brown is coming off a career-best season, averaging 28.7 points, 6.9 rebounds, and 5.1 assists, while finishing sixth in MVP voting.
This story will be updated if more information is available.
