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ESPN insider Tim MacMahon added to the analysis, writing, "Speculation has swirled around Antetokounmpo asking out of Milwaukee for several years. If he didn't take that drastic step in the summer, it's unlikely to happen midseason."

In July, James himself reignited trade rumors two months ago with a statement from agent Rich Paul claiming that he "wants to compete for a championship." What exactly he meant by that statement still isn't clear.

Two other trades made during the NBA Finals: The Memphis Grizzlies moved guard Desmond Bane to the Orlando Magic for a package of players and draft picks, while the Eastern Conference champion Indiana Pacers reacquired their 2026 first-round pick in a deal that netted the New Orleans Pelicans the 23rd selection in this year's draft.