As NBA offseason begins, all eyes are on Antetokounmpo and James

The Giannis question

Antetokounmpo, the biggest star in Milwaukee, will be eligible this fall for an extension that could be worth up to $275 million.

But the Bucks don't have a roster that's a championship contender. If they trade Antetokounmpo, they can essentially start over with what would be a slew of players and draft picks. If they keep him, there's no guarantee he'll be happy — because it seems like he's primarily interested now in trying to win more titles.

"I just think before the draft is a natural time, right, because if Giannis does play somewhere else, we're going to get a lot of assets. You've got to get it right," Bucks co-owner Jimmy Haslam said in May, when the team introduced new coach Taylor Jenkins — who was told that Antetokounmpo may or may not be with the franchise when next season starts.

The draft is next week. And logic would suggest that the Bucks — if they are going to trade Antetokounmpo — may do so at least a few days before the draft, so they have some specific idea of whom to target with the capital that they'll get as part of whatever deal might go down.

Miami has been mentioned in the Giannis sweepstakes for months, and the Heat is involved in talks with the Bucks again.

LeBron watch

James has never gone into a summer with this much freedom.

He could stay with the Lakers. He could pick another spot. He could retire. He could demand a max salary. He could take less money to help a team out. Or he could just continue posting videos of chip-ins on Instagram; yes, James has the golf bug.

"When the time comes, you guys will know what I decide to do," James said when the Lakers were eliminated this spring by Oklahoma City in a 4-0 sweep.

The Lakers have a lot of other decisions, including how to handle an extension for Austin Reaves. But getting some sense from James about his plans will surely go a long way toward having other moves fall into place.

Spurs tipped for title run

Victor Wembanyama is eligible for a four-year extension that would top $250 million, and there's obviously no reason San Antonio wouldn't want to commit to keeping the game's most fascinating player around. The extension would start in 2027-28.

There are some other roster spots to address, but the starters are under contract.

It will be interesting to watch how free agents view San Antonio as a destination, especially since the Spurs will go into next season as one of the favorites — if not the biggest one — for the 2027 NBA title.

"Competitiveness, that's what makes you better," Spurs coach Mitch Johnson said.

"That's what pushes you to continue to improve in the dark, long hours when nobody is around. We improved a whole lot this year. We have more motivation to continue to get better."