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Milwaukee Bucks — 2025-26 Start of Season Analysis
Milwaukee Bucks

Milwaukee Bucks

2025-26 Start of Season Analysis  ·  Eastern Conference  ·  Central Division  ·  NBA

2024-25 End of Season Recap

The 2024-25 Milwaukee Bucks were a frustrating study in unfulfilled potential. Armed with a Giannis Antetokounmpo–Damian Lillard superstar tandem, the Bucks finished 48-34 — good enough for 5th in the Eastern Conference and 3rd in the Central Division, but well short of the championship expectations that accompanied the roster construction. A first-round playoff exit to Indiana laid bare the cracks that a regular-season record couldn't hide.

The offense was potent but uneven. Milwaukee posted 115.5 PPG (11th) on 48.6% shooting (4th in the NBA) and a league-best 38.7% from three — elite efficiency numbers that masked a -3.0 net rating in clutch minutes and persistent defensive lapses. The 115.9 offensive rating (11th) and 113.4 defensive rating (12th) produced a +2.5 net rating (11th) — solid, not spectacular. The Bucks took excellent care of the ball (13.4 TOV, 2nd-fewest in NBA) but were outrebounded consistently, finishing 22nd in RPG at 43.4. The 99.3 pace (13th) reflected a team that played at a moderate tempo, relying on half-court execution rather than transition fireworks.

Category2024-25 StatNBA Rank
Record48-345th in East
Points Per Game115.511th
Opponent PPG113.013th
Net Rating+2.511th
Offensive Rating115.911th
Defensive Rating113.412th
FG%48.6%4th
3P%38.7%1st
FT%75.0%18th
RPG43.422nd
APG25.521st
TOV/G13.42nd
Pace99.313th

The individual story was dominated by Giannis Antetokounmpo, who put together one of the best statistical seasons in NBA history: 30.4 PPG / 11.9 RPG / 6.5 APG on 60.1% shooting. It was a legitimate MVP-caliber campaign. Damian Lillard averaged 24.9 PPG and 7.1 APG in his second Milwaukee season but missed 24 games — and then suffered a devastating torn Achilles that would end his Bucks tenure. The supporting cast of Brook Lopez (13.0 PPG, elite rim protection), Bobby Portis (13.9 PPG, 8.4 RPG), and Khris Middleton (traded mid-season) contributed, but the Bucks never found the defensive identity or consistent rotation that championship teams require.

2024-25 Postseason

First Round Exit

The Bucks entered the playoffs as the 5th seed and drew the Indiana Pacers in the first round — a matchup that should have favored Milwaukee's star power. Instead, it became a humbling exit that accelerated the franchise's offseason overhaul.

GameMatchupResultKey Storyline
Game 1@ IndianaL 98-117Pacers' pace overwhelmed Milwaukee's halfcourt identity
Game 2@ IndianaL 115-123Giannis' 38 points not enough; defense collapsed in 4th quarter
Game 3vs. IndianaW 117-101Must-win at Fiserv Forum; Bucks controlled tempo
Game 4vs. IndianaL 103-129Blown out at home; Indiana's depth proved decisive
Game 5@ IndianaL 118-119Heartbreaking 1-point loss; season ends on a missed opportunity

The 4-1 series loss to Indiana was the final straw for a Bucks era that peaked with the 2021 championship but had delivered diminishing postseason returns ever since. Giannis was magnificent — averaging over 30 PPG in the series — but the supporting cast couldn't match Indiana's depth and pace. Lillard's absence (already injured before the postseason) left Milwaukee without its second-best playmaker, and the defensive breakdowns that plagued the regular season metastasized under playoff pressure.

The first-round exit cemented what the front office already suspected: the Giannis-Lillard partnership was a flawed construction. Lillard's Achilles tear, Middleton's mid-season trade, and Lopez's impending free agency meant the roster around Giannis needed to be rebuilt — not tweaked. The 2024-25 postseason was less a playoff run and more an autopsy of a championship window that had closed.

2024-25 Roster Performance

Giannis Antetokounmpo was a force of nature — his 30.4/11.9/6.5 line on historic efficiency proved he remains one of the five best players alive. But the season was defined by what happened around him. Lillard's health was a constant concern before the Achilles rupture, Middleton was traded to Washington at the deadline, and the role players couldn't find consistency. The Bucks' 2024-25 roster was a collection of strong individual performances that never coalesced into a championship-level machine.

PlayerPPGRPGAPGFG%3P%GPNotes
Giannis Antetokounmpo30.411.96.560.1%22.2%67MVP-caliber, franchise cornerstone
Damian Lillard24.94.77.144.8%37.6%58Torn Achilles; waived/stretched
Kyle Kuzma14.85.72.343.6%30.7%65Acquired at deadline from WAS for Middleton
Bobby Portis13.98.42.146.6%36.5%49Fan favorite, energy off the bench
Brook Lopez13.05.01.850.9%37.3%80Signed with Clippers in free agency
Khris Middleton12.63.74.451.2%40.7%23Traded to WAS at deadline
Kevin Porter Jr.10.73.33.241.8%33.1%56Backcourt depth, playmaking upside
Gary Trent Jr.7.71.01.238.1%35.9%68Rotational shooter, 3-and-D wing

Giannis' efficiency was staggering — 60.1% from the floor is nearly unprecedented for a player averaging 30+ PPG. His ability to dominate inside while expanding his playmaking (6.5 APG) kept Milwaukee in contention despite the roster churn around him. Lillard was effective when healthy, posting 24.9 PPG and 37.6% from three, but the 58-game availability and eventual Achilles tear made the partnership a cautionary tale. Lopez's iron-man durability (80 games) and 37.3% three-point shooting from the center position made his departure to the Clippers a massive loss. Portis remained the emotional heartbeat of the team, contributing 13.9/8.4 in limited games, and Kuzma's mid-season arrival gave Milwaukee a versatile scorer who will play a larger role in 2025-26.

Offseason Moves

GM Jon Horst faced a brutal reality this offseason: the Giannis-Lillard experiment failed, the championship window was fogging, and the franchise needed to rebuild the supporting cast without losing the best player on the planet. The result was an aggressive roster overhaul — waiving and stretching Lillard's contract, replacing Brook Lopez with Myles Turner, and surrounding Giannis with versatile, two-way players who can defend and space the floor. The underlying message to Giannis: we're not giving up.

MovePlayerDetails
Signed (FA)Myles Turner4yr/$107M — elite shot-blocker, floor-spacing center from IND
Signed (Buyout)Cole AnthonyGuard depth, former lottery pick — energy scorer off bench
Re-signedBobby Portis3yr deal — fan favorite, key rebounder and locker room leader
Re-signedKevin Porter Jr.2yr deal — starting PG candidate, playmaking upside
ExtensionAJ GreenMulti-year — elite shooter (38.8% 3P), locked in
SignedGary Harris1yr minimum — veteran guard, defensive toughness
SignedTaurean Prince1yr minimum — veteran wing, 3-and-D depth
SignedJericho Sims1yr minimum — athletic big, rim-running depth behind Turner
SignedAmir Coffey1yr minimum — wing depth, versatile defender
SignedThanasis Antetokounmpo1yr — Giannis' brother, locker room presence
Draft (No. 47)Bogoljub Markovic2nd round — stashing overseas for development
Departed (waived)Damian LillardWaived and stretched — torn Achilles, dead cap for years
Departed (FA)Brook LopezSigned with LA Clippers — defensive anchor gone
Departed (trade)Pat ConnaughtonTraded to Charlotte — roster flexibility

The Myles Turner signing is the headline move — a 4-year, $107 million commitment to a 29-year-old center who averaged 15.6 PPG, 6.5 RPG, and 2.0 BPG on 39.6% from three in Indiana. Turner is the rare big man who can protect the rim (career 2.3 BPG) AND stretch the floor (career 35%+ from deep), making him an ideal modern partner for Giannis' paint dominance. He's not Brook Lopez — he's younger, more athletic, and arguably a better offensive player, though Lopez's elite rim protection will be missed.

The Lillard waive-and-stretch was the most painful decision. Milwaukee will carry dead cap from Lillard's contract for years, but the move freed the space needed to sign Turner and rebuild the roster. The optics — waiving the player Giannis was promised as a running mate — are terrible. The question is whether the new supporting cast can compensate. The re-signings of Portis and Porter Jr., combined with depth additions like Cole Anthony, Gary Harris, and Taurean Prince, give Doc Rivers more versatility than he had last season. Whether it's enough to keep Giannis in Milwaukee long-term is the franchise-defining question.

2025-26 Analysis

Forward-Looking

The 2025-26 Bucks are a Giannis Antetokounmpo vehicle, plain and simple. The entire roster has been constructed to maximize what Giannis does best — attacking the paint, creating havoc in transition, and anchoring the defense — while surrounding him with shooters and defenders who don't need the ball to be effective. Without Lillard, the offensive hierarchy is clear: everything flows through Giannis, and the supporting cast must convert the opportunities he creates.

Projected Starting Lineup

#PlayerPos2024-25 Key StatsRole
1Kevin Porter Jr.PG10.7 / 3.3 / 3.2, 41.8% FG, 33.1% 3PFloor general, secondary playmaker
2AJ GreenSG4.9 / 1.2 / 0.5, 40.6% FG, 38.8% 3PSharpshooting spacer, expanded role
3Gary Trent Jr.SF7.7 / 1.0 / 1.2, 38.1% FG, 35.9% 3PTwo-way wing, perimeter defense
4Giannis AntetokounmpoPF30.4 / 11.9 / 6.5, 60.1% FGMVP candidate, franchise alpha
5Myles TurnerC15.6 / 6.5 / 1.2, 48.1% FG, 39.6% 3P (IND)Rim protector, floor-spacing big

This starting five is built around Giannis and Turner as the spine — a devastating interior force paired with a center who can pop to the three-point line and protect the rim on the other end. The backcourt of Porter Jr. and AJ Green provides adequate ball-handling and elite shooting, while Trent Jr. adds perimeter defense at the three. The concern is obvious: outside of Giannis and Turner, there is no proven shot creator in the starting lineup. Porter Jr. averaged just 10.7 PPG last season, and Green has never been a primary option. Milwaukee is betting that Giannis' gravity — and Turner's spacing — will generate enough open looks for the surrounding shooters.

Key Bench Players

PlayerPosAgeRole
Kyle KuzmaSF/PF30Sixth man scorer, 14.8 PPG — versatile forward who can create his own shot
Bobby PortisPF/C30Energy big, 13.9/8.4 — fan favorite, elite rebounder off bench
Cole AnthonyPG25Backup PG, 9.4 PPG (ORL) — scoring spark, transition playmaker
Taurean PrinceSF31Veteran wing, 3-and-D depth — experienced playoff contributor
Gary HarrisSG30Defensive guard, veteran steadiness — can guard 1-3
Andre Jackson Jr.SF23Athletic wing, developing defender — length and hustle
Jericho SimsC26Backup center, rim-runner — athletic lob threat behind Turner

The bench is where Milwaukee may actually have improved. Kyle Kuzma as the sixth man is a luxury — a proven 15+ PPG scorer who can operate as the lead offensive option in second-unit lineups. Bobby Portis brings the energy and rebounding that has made him a Milwaukee legend, while Cole Anthony provides backcourt scoring and playmaking that the Bucks lacked behind Lillard. Taurean Prince and Gary Harris are proven veterans who know their roles. The bench unit of Kuzma-Portis-Anthony is arguably the best three-man reserve group in the Eastern Conference.

Coaching & Scheme

Doc Rivers enters his second full season in Milwaukee, and the pressure is immense. After a first-round exit in 2024-25, Rivers must prove that his defensive-first philosophy can coexist with a Giannis-centric offense. The good news: Rivers' schemes dramatically improved Milwaukee's transition defense (from 23rd to 2nd in fast-break points allowed) and paint protection (54 to 48 points in the paint allowed). The defensive rating improved from 22nd pre-Rivers to 12th last season. The bad news: the offense stagnated, dropping from 2nd to 11th in offensive rating, and the half-court execution in the playoffs was abysmal. Rivers' challenge this year is integrating Myles Turner's pick-and-pop game with Giannis' paint dominance, creating a modern two-man game that opens up the perimeter shooters. If the Giannis-Turner tandem clicks, Rivers will have the defensive anchor and offensive spacing to build a top-10 unit on both ends.

Projection

Projection systems see the 2025-26 Bucks as a fringe playoff team with Giannis-driven upside — a squad that could win anywhere from 38 to 50 games depending on health, chemistry, and whether the new pieces gel. The range of outcomes is wider than any other team in the East, reflecting the enormous gap between "Giannis carries this to 50 wins" and "the supporting cast isn't good enough."

SystemProjected WinsNotes
ESPN BPI~41-447th-9th in East; roster turnover raises floor/ceiling questions
BetMGM Win Total42.5Over -105 / Under -115
DraftKings43.5Slightly higher; prices in Giannis' dominance
Consensus Range~41-45Median across all systems and books
ESPN BPI Wins
~43
Betting Line (O/U)
42.5
Playoff Odds
~55-60%
Play-In Odds
~78%
Championship
+5000

The 42.5 win total is the most interesting number on the Bucks' board. The over requires Giannis to play 70+ games, the Giannis-Turner pairing to work immediately, and Porter Jr. to be a competent starting point guard. The under is a bet on roster instability, the Lillard dead cap limiting flexibility, and the Eastern Conference (Cleveland, Boston, New York, Detroit) being too deep for a team in transition. Milwaukee lost 37.9 combined PPG with the departures of Lillard and Lopez — that production has to come from somewhere.

The Betting Angle: Milwaukee at +5000 to win the championship reflects a market that doesn't trust the supporting cast but respects Giannis' ability to will a team to wins. The +1200 to win the Central Division is a long shot — Cleveland at -350 is the overwhelming favorite. The real play for sharp bettors is the win total: over 42.5 if you believe Giannis stays healthy and the Giannis-Turner pick-and-pop is as devastating as advertised. Giannis has carried worse rosters to 46+ wins before. The under 42.5 is the play if you think the supporting cast is too thin, the Lillard dead cap is a millstone, and a Giannis trade demand is coming mid-season. At implied ~55-60% playoff probability, there's value in "Bucks to make playoffs" at +120-range odds if you believe Giannis is still a top-5 NBA player.

Key Risks

1. Giannis Trade Request

The elephant in the room. Giannis watched the front office waive his co-star without his input, and the franchise's championship window has narrowed dramatically. If Milwaukee starts 15-20 or worse, the trade demand rumors will become deafening. A Giannis departure mid-season would crater the win total and send the franchise into a full rebuild — the nightmare scenario that hangs over every projection.

2. No Proven Second Star

Milwaukee lost Lillard (24.9 PPG) and Lopez (13.0 PPG). Turner provides spacing and defense, but he's never been a first or second scoring option. Kuzma (14.8 PPG) is the next-best scorer, but he's coming off the bench. Without a second star-level creator, opposing defenses can load up on Giannis — and the Bucks have no counter-punch when they do.

3. Point Guard Uncertainty

Kevin Porter Jr. has never been a full-time starting point guard on a playoff team. His 10.7 PPG and 3.2 APG are adequate, not inspiring. If Porter Jr. can't run the offense effectively, Milwaukee's half-court execution will suffer, and Giannis will be forced to do even more — increasing injury risk for the franchise's most important asset.

4. Lillard Dead Cap Handcuffs

The Lillard waive-and-stretch saddles Milwaukee with dead money for years, limiting the franchise's ability to make mid-season upgrades or sign difference-makers. If the roster needs fixing in February, the Bucks may not have the cap flexibility to do it. The financial hangover from the Lillard experiment will constrain this franchise through at least 2028.

5. Giannis Health and Workload

Giannis played just 67 games last season and has had recurring lower-body concerns. At 30, the mileage is real — he's logged over 25,000 career regular-season minutes. Without Lillard to share the offensive load, Giannis' usage rate will spike. If he misses 15+ games, this roster doesn't have the talent to tread water. The 42.5 win total assumes a healthy Giannis; an injured one drops this team below 35 wins.

Key Upside Scenarios

1. Giannis-Turner Is a Modern Two-Man Game

If the Giannis-Turner pick-and-pop becomes elite, Milwaukee's offense could be top-10 despite losing Lillard. Turner shot 39.6% from three — paired with Giannis' gravity in the paint, the spacing would be devastating. Think Giannis driving with Turner popping to the three-point line and four shooters surrounding them. The theoretical offensive ceiling is enormous.

2. Giannis MVP Season

Giannis posted 30.4/11.9/6.5 on 60.1% shooting last year. With the "prove them wrong" narrative after losing Lillard, a motivated Giannis pushing for 32/12/7 with improved three-point shooting could drag this team to 48+ wins and make Milwaukee a legitimate threat in the East. He's done it before — the 2020-21 championship run began with Giannis' personal renaissance.

3. Kyle Kuzma Sixth Man of the Year

Kuzma averaged 14.8 PPG as a mid-season addition. With a full training camp and a defined bench role, a Kuzma line of 18/6/3 as the second-unit anchor would give Milwaukee one of the best benches in the NBA. His shot creation ability is exactly what the second unit needs, and the 6MOTY narrative is compelling for a former Laker starter embracing a new role.

4. Defensive Renaissance Under Doc Rivers

Rivers already improved the defense from 22nd to 12th. With Turner's elite shot-blocking (2.0 BPG, 39.6% 3P) replacing Lopez, the defensive ceiling is higher. If the backcourt improvements (Trent Jr., Harris) address perimeter defense and Turner anchors the paint alongside Giannis, a top-5 defensive rating is achievable — and that alone would make Milwaukee a 46-48 win team.

5. Depth Advantage in the Regular Season

The Bucks' bench — Kuzma, Portis, Cole Anthony, Prince, Harris — is deep and experienced. Over an 82-game season, depth matters more than star power, and Milwaukee's 9-10 man rotation could grind out wins against tired opponents. If Rivers manages Giannis' minutes carefully (32-34 MPG) while the bench holds leads, the win total climbs above 45.

Central Division Landscape

Team2025-26 Proj. WinsDivision OddsKey Factor
Cleveland Cavaliers56-58-350Mitchell-Mobley-Garland core, title contender, deepest roster in East
Detroit Pistons45-48+500Cade Cunningham All-Star leap, surging young core
Milwaukee Bucks42-44+1200Giannis still elite; roster rebuild, championship window question
Indiana Pacers37-40+3500Haliburton Achilles tear; Siakam must carry, play-in candidate
Chicago Bulls31-34+10000Rebuild mode, limited star power, lottery-bound

The Central Division has a clear hierarchy in 2025-26. Cleveland is the class of the East — the Cavaliers return a core led by Donovan Mitchell, Evan Mobley, and Darius Garland that projects for 56+ wins and a top-2 seed. Detroit is the division's rising power — Cade Cunningham's All-Star emergence, combined with Jaden Ivey and a stacked young core, has the Pistons projected in the high 40s. Milwaukee sits in a precarious third spot, expected to win 42-44 games — respectable, but a dramatic drop from the Bucks' perennial 50+ win standard.

Indiana was dealt a devastating blow when Tyrese Haliburton suffered a torn Achilles, dropping the Pacers from playoff contender to play-in hopeful at best. Pascal Siakam and Bennedict Mathurin must carry the load. Chicago remains in full rebuild, lacking the star power to compete. For Milwaukee, the path to the playoffs likely runs through the 6th-8th seed range in the East rather than the division crown. The +1200 division odds reflect the reality: Cleveland is dominant, Detroit is ascending, and the Bucks are somewhere between "still dangerous" and "in transition."

Impact Players

6 Key Names

These six players will most directly determine whether the 2025-26 Bucks are a playoff team, a play-in squad, or the catalyst for a franchise-altering Giannis trade — and whether Milwaukee's championship window is still open.

Giannis Antetokounmpo

PF
The franchise. His 30.4/11.9/6.5 on 60.1% shooting makes him the most dominant interior force in the NBA. Everything — the win total, the playoff odds, the franchise's future — depends on Giannis' health, engagement, and willingness to stay in Milwaukee.
Bull Case
32/12/7, MVP finalist, carries Bucks to 48+ wins and proves the supporting cast works — championship window reopens
Bear Case
Frustrated by losing, misses 20+ games, trade demand by February — franchise enters full rebuild

Myles Turner

C
The $107M man. Turner's unique combination of rim protection (2.0 BPG) and three-point shooting (39.6%) makes him the ideal modern partner for Giannis — if the chemistry develops. The Giannis-Turner two-man game is the single most important variable in Milwaukee's season.
Bull Case
16/7/2.5 BPG, 38% 3P — elite two-way center, Bucks' defense jumps to top-5, Giannis has space to dominate
Bear Case
12/5, fit issues with Giannis, foul trouble — $107M investment looks like overpay, Bucks miss Lopez's reliability

Kevin Porter Jr.

PG
The biggest question mark on the roster. Porter Jr. has the tools — 6'4" with ball-handling and scoring ability — but has never been a starting PG on a team with playoff expectations. His ability to run the offense and stay healthy determines whether Milwaukee's backcourt is functional or a liability.
Bull Case
14/4/6, efficient PnR playmaker with Giannis and Turner — backcourt concerns disappear
Bear Case
9/3/3, turnover-prone, inconsistent — Bucks' biggest weakness, mid-season PG trade becomes necessary

Kyle Kuzma

SF / PF
The second-leading scorer on the roster after Giannis. Kuzma's 14.8 PPG versatility — post-ups, mid-range, catch-and-shoot threes — gives Doc Rivers a weapon no other bench unit in the East can match. His willingness to accept a sixth-man role is the key.
Bull Case
18/6/3, Sixth Man of the Year, second-unit dominance — Bucks' bench becomes a weapon
Bear Case
Unhappy with bench role, 30% 3P, ball-stopping — chemistry issues, redundant with Portis

Bobby Portis

PF / C
The heart and soul of Bucks basketball. Portis' 13.9/8.4 off the bench provided essential rebounding and energy that Milwaukee desperately lacked when he was out. His 36.5% three-point shooting and relentless hustle make him the perfect Giannis complement in second-unit lineups.
Bull Case
15/9, 37% 3P, Giannis-Portis closing lineups dominate — Milwaukee's identity crystallizes around toughness
Bear Case
Health concerns (49 GP last year), defensive liability in playoffs — high energy but limited ceiling

AJ Green

SG
The sharpshooter stepping into a dramatically expanded role. Green shot 38.8% from three as a deep-bench player; now he's being asked to start alongside Giannis. His ability to handle the defensive attention and increased minutes will directly impact Milwaukee's spacing.
Bull Case
12/3, 40% 3P, becomes one of NBA's best 3-and-D guards — perfect complement to Giannis' paint dominance
Bear Case
Struggles with starter minutes, 3P% drops below 34%, defensive target — exposed by elite backcourts

Bottom Line

The 2025-26 Bucks are the NBA's most compelling high-variance bet. On one hand, you have Giannis Antetokounmpo — a generational talent who averaged 30/12/7 on historic efficiency, surrounded by a retooled roster built specifically for his skillset. The Giannis-Turner pick-and-pop, the deep bench led by Kuzma and Portis, and Doc Rivers' defensive schemes all have the potential to produce a 48-win playoff team that nobody wants to face in April. On the other hand, you have a franchise that waived its co-star, replaced three starters, and is banking on unproven players at point guard and shooting guard while carrying dead cap from the Lillard experiment. The projection systems see 42-44 wins with a 55-60% chance of making the playoffs and a ~3% shot at the championship. The floor is 36 wins and a Giannis trade demand. The ceiling is Giannis dragging this roster to 50 wins and proving that the 2021 championship DNA still runs through Milwaukee.

Win Total O/U
42.5
BetMGM · Over -105
Central Division
+1200
FanDuel · CLE heavy fav
Championship
+5000
BetMGM
Make Playoffs
~+120
Implied ~45%

For bettors, the most attractive play is the win total over 42.5. Giannis has carried worse rosters to 46+ wins, and the Giannis-Turner fit — on paper — is superior to the Giannis-Lopez pairing in terms of offensive versatility. Turner's 39.6% from three opens driving lanes that Lopez's more limited offensive game couldn't. If Giannis plays 72+ games and the chemistry gels by December, the over is live. The under 42.5 is the sharper play if you believe in roster instability, the point guard position is a fatal flaw, and the Eastern Conference's top-heavy structure (Cleveland, Boston, New York, Detroit all project above Milwaukee) leaves the Bucks fighting for the 7th-8th seed in a depleted roster transition year. The +5000 championship odds are a dart throw — but not an irrational one. Giannis in the playoffs is a different animal, and if this team is healthy and clicking, nobody in the East wants to see the Greek Freak on the other side of a first-round series. The real question isn't about 2025-26 wins and losses — it's about whether Giannis Antetokounmpo still believes Milwaukee is where he can win a second championship. If the answer is yes, the rest will follow. If it's no, the betting markets — and the franchise — will look very different by next summer.