In the latest Milwaukee Bucks news, superstar Giannis Antetokounmpo has officially inked a three-year, $186 million contract extension. This confirmation came directly from his agent, Alex Saratsis, on Monday, solidifying Giannis’ commitment to the franchise. What’s more, there’s a player option included for the 2027-2028 season, ensuring that he’ll be donning the Bucks’ jersey for the foreseeable future.
This monumental deal not only secures Antetokounmpo’s place in Milwaukee but also eliminates the looming threat of his entry into free agency in 2025. It’s a win-win situation for the Bucks and their fans, who can continue to witness the Greek Freak’s incredible talents on the court.
With a remarkable résumé that boasts a 2021 NBA championship and Finals MVP title, along with two NBA Most Valuable Player awards, he is undoubtedly one of the game’s greatest. His career-high 31.1 points per game last season exemplifies his prowess. Notably, he joins an exclusive club alongside basketball legends Michael Jordan and Hakeem Olajuwon as one of the only three players to have earned an MVP, a Finals MVP, and a Defensive Player of the Year award.
Want to watch Giannis Antetokounmpo on TV? View the Milwaukee Bucks TV schedule to see when they play next.
Giannis Antetokounmpo contract breakdown
| SEASON | OPTION | OPTION USED | CAP HIT | BASE SALARY | GUARANTEED |
|---|---|---|---|---|---|
| 2021-22 Max | | | $39,344,900 | $39,344,900 | $39,344,900 |
| 2022-23 Max | | | $42,492,492 | $42,492,492 (+8%) | $42,492,492 |
| 2023-24 Max | | | $45,640,084 | $45,640,084 (+8%) | $45,640,084 |
| 2024-25 Max | | | $48,787,676 | $48,787,676 (+8%) | $48,787,676 |
| 2025-26 Max | Player | No | $51,935,268 | $51,935,268 (+8%) | $51,935,268 |
| TOTAL | | | $228,200,420 | $228,200,420 | $228,200,420 |
