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Last updated: June 24, 2026, 8:31 AM ET

NBA Draft Shake-Up and Offseason Moves

The NBA offseason has been jolted by a blockbuster trade that sent superstar Giannis Antetokounmpo from the Milwaukee Bucks to the Miami Heat Bucks trading Giannis. The deal, which also involves Bobby Portis heading to Miami, sees the Bucks receive a significant package including Tyler Herro, Kel'el Ware, Jaime Jaquez Jr., Kasparas Jakucionis, and three first-round picks, including the No. 13 selection in the upcoming draft Bucks GM mum. This move reshapes both franchises, with the Heat aiming to build around Antetokounmpo and Bam Adebayo Giannis trade FAQ, while the Bucks embark on a rebuilding phase rebuilding Grizzlies nab. Meanwhile, speculation had swirled for days, with the Celtics and Heat reported as finalists for Antetokounmpo's services Celtics, Heat finalists.

The 2026 NBA Draft kicked off with the Washington Wizards selecting AJ Dybantsa with the No. 1 overall pick, opting for the BYU prospect over Kansas' Darryn Peterson Wizards opt for Dybantsa. Dybantsa, who was widely considered the top talent, was welcomed by his new teammate Trae Young The City is Ready. The Jazz followed by taking Kansas guard Darryn Peterson at No. 2 Peterson lands with Jazz. The Memphis Grizzlies continued their reset by selecting Duke's Cameron Boozer third overall Rebuilding Grizzlies nab, followed by the Chicago Bulls using the fourth pick on North Carolina's Caleb Wilson Bulls boost frontcourt. Other notable lottery picks included Michigan forward Morez Johnson Jr. to the Mavericks at No. 9 Johnson reunites with May, and Karim Lopez, the first player born in Mexico to be a first-round selection, going No. 21 to the Detroit Pistons before being traded to the Memphis Grizzlies Lopez becomes NBA's 1st. Michigan wing Yaxel Lendeborg, drafted 11th by the Golden State Warriors, admitted he used to be a Kyrie Irving fan and disliked the Warriors during their rivalry with the Cavaliers Dubs' Lendeborg 'used to hate Steph'. The draft also saw player fashion statements, with AJ Dybantsa continuing the trend of top picks making sartorial statements on draft night First overall, first in fashion.

In other significant offseason moves, Julius Randle is reportedly headed to the Brooklyn Nets as part of a three-team deal that will send Nic Claxton to the Chicago Bulls and Minnesota receiving the No. 33 pick Randle off to Nets. This trade has implications for fantasy basketball, with Randle's move to Brooklyn being a potential boon for fantasy managers Fantasy basketball: Julius Randle's. The Hawks have been active, finalizing a deal to acquire Aaron Wiggins from the Oklahoma City Thunder for two second-round picks Thunder to ship Wiggins, a move that was graded by analysts Grading big NBA trades. Guard CJ McCollum has agreed to a one-year, $21 million contract extension with the Hawks McCollum stays with Hawks, and the Phoenix Suns have also reached agreements with free agents Collin Gillespie and Jordan Goodwin Gillespie in Suns return.

The coaching carousel has also seen movement, with Michigan coach Dusty May reportedly finalizing a deal to take the head coaching job with the Dallas Mavericks U-M's May finalizing deal. This move significantly alters the college and NBA landscapes. Meanwhile, Aces coach Becky Hammon acknowledged that Knicks star Jalen Brunson is an outlier in the league, but stood by her general assessment of smaller guards Hammon won't apologize.

Off the court, Golden Knights founder Bill Foley announced his bid to bring an NBA franchise to Las Vegas Golden Knights owner launching. In a record-breaking sale, a 1-of-1 Jalen Brunson rookie card commanded a price of $312,000 at a Fanatics Collect auction Jalen Brunson rookie card. Jason Collins is set to receive the posthumous Arthur Ashe Award for Courage at The ESPYS for his impact on LGBTQ+ visibility in sports Collins to receive posthumous. Finally, Kevin Durant, an Olympic legend, will be coaching in a 3x3 charity tournament for USA Basketball this summer KD to coach in 3x3.