The Greek Freak is staying in Milwaukee. Reigning back-to-back NBA MVP Giannis Antetokounmpo announced Tuesday that he is re-signing with the Bucks on a five-year contract.
This is my home, this is my city.. I’m blessed to be able to be a part of the Milwaukee Bucks for the next 5 years. Let’s make these years count. The show goes on, let’s get it. ??? pic.twitter.com/895tCBE9RK
— Giannis Ugo Antetokounmpo (@Giannis_An34) December 15, 2020
According to Shams Charania of The Athletic, Antetokounmpo’s contract extension is a “supermax” deal worth $228.2 million, making it the largest deal in NBA history.
Breaking: Giannis Antetokounmpo says he is signing a contract extension with the Milwaukee Bucks. The two-time MVP will sign a five-year, $228.2 million supermax extension with the franchise, the largest deal in NBA history, sources tell @TheAthleticNBA @Stadium.
— Shams Charania (@ShamsCharania) December 15, 2020
Giannis Antetokounmpo is now guaranteed $256M over the next six seasons with the Milwaukee Bucks. https://t.co/sJEkq1J1RY
— Shams Charania (@ShamsCharania) December 15, 2020
The deal includes an opt-out clause in 2025, Charania reported.
For the past few seasons, the Bucks have been a tremendous regular-season team but have foundered in the playoffs. This offseason, they made a huge move to attempt to improve the roster, acquiring star guard Jrue Holiday from the New Orleans Pelicans for Eric Bledsoe, George Hill and draft picks.
In 2020, Antetokounmpo averaged a career-high 29.5 points, a career-high 13.6 rebounds, 5.6 assists, one steal and one block per game while shooting 55.3% from the field.
Antetokounmpo won MVP and Defensive Player of the Year awards in 2020 after winning MVP in 2019.
