By Anthony Caruso III | Publisher
The Milwaukee Bucks have re-signed their superstar forward Giannis Antetokounmpo. By signing this contract, he has agreed to the richest contract in NBA history.
He has signed a five-year extension. With the final year of his existing contract coming up, he’ll now be apart of the team for the next six seasons barring a trade.
Antetokounmpo is guaranteed to make $228 million in the supermax. He’s just the third player in NBA history to sign a contract worth north of $200 million.
The new contract includes an opt-out following the fourth season.
“This is my home, this is my city,” Antetokounmpo said in a post on Twitter. “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. 🤎🙏🏽”
There was a lot of speculation that he might leave after this upcoming season. However, with the Bucks moves in the off-season, that likely helped Antetokounmpo re-sign with the only team he’s only played for in his NBA career.
The 26-year-old was the 15th pick in the 2013 NBA Draft. Before coming to the Bucks, he played professionally for Filathlitikos.
Antetokounmpo has won two straight MVP Awards. While he’s had good regular seasons — along with his team — the team would struggle in the postseason.
They were defeated in the second round of the NBA playoffs in September by the Miami Heat. Following their win over the Bucks, the Heat went all the way to the NBA Finals before losing to the Los Angeles Lakers.