Giannis Antetokounmpo has been a topic of discussion in the NBA for the past few weeks due to the possibility that he could be traded. Once reports surfaced that he was staying put, Antetokounmpo expressed his joy on social media and said he did not want to be traded. After that, Antetokounmpo shared with the world that he had invested in Kalashi, a site that allows people to buy and trade predictions.
This raised eyebrows, especially since the NBA has come down hard on players who place bets.
During All-Star Weekend, NBA Commissioner Adam Silver talked about Antetokounmpo’s involvement in the foul and basically said it was no big deal.
“As far as I know, it’s a modest investment, much smaller than 1%,” Silver said. “It does not violate the rules that govern how we bargain collectively with the players’ union. Obviously, it’s an issue I’m paying a lot of attention to. It’s rapidly evolving. We’re currently looking at prediction markets essentially the same way we’re looking at sports betting.”
Adam Silver discusses Giannis’ investment and the state of sports betting in the NBA with Kalshi. pic.twitter.com/chX3NPjsro
– Sportico (@Sportico) 14 February 2026
If Silver and the NBA prediction markets are looking alike, there should be cause for concern that Antetokounmpo is invested in Kalushi, regardless of how much he has invested in the company.
Although Kalshi is not considered a betting site, as more people start using it, it could become a much bigger site than expected. With a name like Antetokounmpo co-signing, there’s no question that sports fans will start using this platform, and that’s all it will take to promote it.
This might be a good time for the NBA to step up, but so far it doesn’t look like they’re planning on doing anything. Due to this, other players can also invest in the company, and then you will face a big problem.
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