Giannis Antetokounmpo to sign record-breaking extension with Milwaukee Bucks

Giannis Antetokounmpo.
(Image credit: Mike Ehrmann/Getty Images)

Exhale, Bucks fans.

Giannis Antetokounmpo, the reigning back-to-back NBA MVP, said Tuesday that he's reupping with the Milwaukee franchise and will stick around for the next five years. The Athletic's Shams Charania reports the extension is a 5-year deal (ESPN's Adrian Wojnarowski adds Antetokounmpo can opt out after the fourth year), and it's projected to be worth around $228 million, though the exact figure will depend on how much the salary cap increases for the 2021-22 season. Either way, it marks the largest contract in NBA history.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.