Trade Breakdown:

Lakers receive: Giannis Antetokounmpo

Bucks receive: Rui Hachimura, Austin Reaves, Kelly Oubre Jr., Dalton Knecht, 2030 & 2031 1st-Round Picks

76ers receive: Maxi Kleber

Reason for Failure: Trade violates NBA salary cap rules — Lakers exceed their allowable incoming salary by over $6.9M under first apron restrictions. Despite matching value in assets, the Lakers cannot legally absorb Giannis’s $54.1M contract under the current CBA framework.