[Charania] Team sources said the Bucks seriously considered the Heat's offer, which centered on Tyler Herro, Kel'el Ware, other players and multiple draft picks and pick swaps. Milwaukee contemplated moving forward with Miami on Feb. 4.

ESPN Article

“Team sources said the Bucks seriously considered the Heat's offer, which centered on Tyler Herro, Kel'el Ware, other players and multiple draft picks and pick swaps. Milwaukee contemplated moving forward with Miami on Feb. 4. Ownership, however, believed the best move would be to hold on to Antetokounmpo and receive better offers in the summer. The Bucks informed the Heat on the morning of Feb. 5 that they would not accept a deal.”