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NEWS

Giannis Adetokunbo Agrees to 3-year Max Extension with Bucks

October 24, 2023 • 2 min read

The two-time Kia NBA MVP adds two fully guaranteed years to his current deal, as well as a player option for the 2027-28 season.

How we got here: Since being drafted by the Bucks with the 15th overall pick in the 2013 NBA Draft, Antetokounmpo has transformed into one of the best players in the league.

The 7-time All-Star and member of the NBA’s 75th Anniversary team led the Bucks to the NBA title in 2021.

He’s fresh off a career-best season with averages of 31.1 points, 11.8 rebounds and 5.7 assists over 63 games.

After a disappointing finish in the 2023 playoffs, the Bucks made a big offseason splash with the acquisition of All-NBA guard Damian Lillard.

With Antetokounmpo now locked up for the near future, the Lillard-Antetokounmpo tandem should have plenty of time to develop. Go deeper.

By the numbers: The extension starts with the 2025-26 season, meaning Antetokounmpo is under contract for at least four more years — and a fifth if he’s so inclined.

He will earn about $94.4 million over the next two seasons, then about $120 million more for the 2025-26 and 2026-27 seasons.

The last year is at his option, meaning he could make roughly $66 million more in 2027-28.

And if Antetokounmpo had waited until next summer to agree to an extension, he possibly may have secured earned even more money.

A max-extension scenario had he waited until 2024 could have been a four-year agreement at a figure exceeding $250 million.

“I said that it did not make sense to sign the contract right now because money’s not important — a lot of money is important. So I’m going to sign it next year,” Antetokounmpo said with a laugh during the Bucks’ Media Day event on Oct. 2.

“But, no, at the end of the day, again, it doesn’t make sense. It does not make sense for me to sign it right now. I’ve got to always look at what’s best for me and my family, for my situation.

“But at the end of the day, I want to be a Milwaukee Buck for the rest of my career, as long as we are winning. It’s as simple as that”, he said.