Milwaukee Bucks superstar Giannis Antetokounmpo has reportedly agreed to a three-year, $186 million contract extension with the franchise, according to Adrian Wojnarowski of ESPN. The deal includes a player option for the 2027-28 NBA season.
Antetokounmpo, 28, made waves in the offseason when he said the Bucks had to make significant roster moves to convince him to sign a contract extension.
Bucks general manager Jon Horst did just that by trading for Portland Trail Blazers legend Damian Lillard.
Horst, 40, and Antetokounmpo’s agent, Alex Saratsis of Octagon, reportedly met on Sunday in Chicago to work through the max extension details. The two-time league MVP agreed to the deal the following morning prior to the 11:59 PM ET deadline.
Giannis Antetokounmpo can earn more money
Antetokounmpo reportedly has a chance to earn extra money throughout the course of his career, according to Wojnarowski.
The player option in the 2027-28 season and the Over-38 rule in the CBA allows Antetokounmpo to sign another short-term deal with Milwaukee in 2026.
He can then sign another four-year extension with the Bucks in 2028. Antetokounmpo is preparing to start the upcoming NBA season on Thursday against the Philadelphia 76ers.