Follow usMilwaukee Bucks star Giannis Antetokounmpo has agreed to a three-year, $186 million maximum contract extension, league sources tell The Athletic.
According to multiple reports, the deal includes a player option on the 2027-28 season. The signing was finalized after the club representatives and Giannis’ agent, Alex Saratsis, met on Sunday. It had to be done before the official deadline at 11:59 PM EST on Monday if both sides wanted to sign an extension.
MILWAUKEEEEEEEEE!! Let’s get it!!!! #BucksInSix #Extended pic.twitter.com/2wP0AVqG3Y
— Giannis Antetokounmpo (@Giannis_An34) October 23, 2023
The player option in the deal will allow Giannis to earn more money over the course of his career. The Over-38 rule in the new Collective Bargaining Agreement (CBA) the league and its player signed earlier this year will allow the superstar forward to sign a short-term deal with the Bucks in 2026 and than a four-year one two years later.
Giannis Antetokounmpo has signed a 3-year, $186 million extension with the Milwaukee Bucks.
But you could argue he is worth $2B+ to the Bucks.
Bucks Average Attendance
2013: 13,487
2022: 17,555Bucks Annual Revenue
2013: $110 million
2022: $352 millionBucks Valuation
2013:… pic.twitter.com/RhGSF41jsm— Joe Pompliano (@JoePompliano) October 23, 2023
Last year, Antetokounmpo averaged 31.1 points, 11.8 rebounds, and 5.7 assists. This offseason, the Bucks acquired Damian Lillard in a trade with the Portland Trail Blazers and with this duo are considered as one of the favorites to win the NBA championship.
Giannis Antetokounmpo says he’s “locked in” with Bucks 
Antetokounmpo returns to Bucks practice after battling COVID-19 
Giannis hits back at Sengun’s critique after Greece bronze medal at Euro2025 
