Giannis Antetokounmpo Agrees to Blockbuster $186M Extension with Milwaukee Bucks
ICARO Media Group
Milwaukee Bucks superstar Giannis Antetokounmpo has reportedly agreed to a three-year, $186 million contract extension, according to his agent, Alex Saratsis. The deal ensures that Antetokounmpo, a two-time NBA Most Valuable Player, will remain with the Bucks for the foreseeable future.
The contract includes a player option for the 2027-2028 season and effectively ends any speculation of Antetokounmpo entering free agency in 2025. The extension solidifies his commitment to the team that drafted him in 2013 with the 15th overall pick and helped him develop into one of the most dominant forces in NBA history.
The news of the extension was first announced by Antetokounmpo himself on social media, further demonstrating his loyalty and dedication to the Bucks organization. The team's general manager, Jon Horst, personally met with Saratsis in Chicago to finalize the details of the agreement, ensuring that it maximizes Antetokounmpo's earnings over his career.
The contract structure also allows Antetokounmpo to potentially sign another short-term deal with the Bucks in 2026 and a four-year extension in 2028, taking advantage of the Over-38 rule in the Collective Bargaining Agreement (CBA).
Antetokounmpo's on-court accomplishments speak for themselves. He led the Bucks to their first NBA championship in 50 years in 2021, earning himself the Finals MVP award in the process. Additionally, he has been named the league's MVP twice and is one of only three players in history to have won the MVP, the Finals MVP, and the Defensive Player of the Year Award. The other two players to achieve this remarkable feat are basketball icons Michael Jordan and Hakeem Olajuwon.
With an average of 31.1 points per game last season, Antetokounmpo showcased his offensive prowess. His remarkable skill set and contributions to the game have undeniably solidified his status as one of the greatest players of all time.
The extension marks a significant milestone for the Milwaukee Bucks, as they secure their franchise player's long-term commitment and solidify their position as contenders in the NBA. Antetokounmpo's decision to stay with the team that nurtured his growth and success is not only a testament to his loyalty but also a promising sign for the city of Milwaukee and its passionate fanbase.
As the Bucks look ahead to the upcoming seasons, their focus will undoubtedly be on building a championship-caliber team around their star player, Giannis Antetokounmpo.