Superstar Giannis Antetokounmpo signs $186M extension: Learn more about his impressive 3-year deal with Agent

Milwaukee Bucks superstar, Giannis Antetokounmpo, has agreed to a lucrative contract extension worth $186 million over three years, as confirmed by his agent, Alex Saratsis, in an exclusive interview with ESPN on Monday.

This groundbreaking deal, inclusive of a player option for the 2027-2028 season, ensures that Antetokounmpo, a two-time NBA Most Valuable Player, will remain a vital asset to the team throughout guard Damian Lillard’s current contract, effectively squashing any speculation of him becoming a free agent in 2025.

Antetokounmpo, who broke the news on his social media platforms, solidifies his unwavering commitment to the franchise that initially selected him as the 15th overall pick in the 2013 NBA Draft, when he was just a raw talent from Greece. Since then, he has transformed into one of the league’s most dominant and influential players in its storied history.

Bucks General Manager Jon Horst traveled to Chicago on Sunday to meet with Saratsis and iron out the intricate details of this groundbreaking contract extension, which aims to maximize Antetokounmpo’s lifetime earnings. The superstar had until 11:59 PM ET on Monday to sign the dotted line.

Thanks to the Over-38 rule established in the Collective Bargaining Agreement (CBA), Antetokounmpo will have the opportunity to sign another short-term contract with the Bucks in 2026 and potentially secure a four-year extension in 2028.

With his unparalleled skills and undeniable impact on the court, Antetokounmpo is quickly etching his name among the pantheon of basketball legends. His illustrious career highlights include winning the 2021 NBA championship, earning the Finals MVP title, and being named league MVP twice. During the previous season, he achieved a career-high average of 31.1 points per game. According to ESPN Stats & Information research, he joins the prestigious company of Michael Jordan and Hakeem Olajuwon as one of only three players in history to possess an MVP award, a Finals MVP award, and a Defensive Player of the Year award.

The Bucks will kick off their season by hosting the Philadelphia 76ers on Thursday in what promises to be an electrifying opener.