Giannis Antetokounmpo has agreed on a three-year, $186 million contract extension with the Milwaukee Bucks, sources told ESPN on Monday night.
The deal includes a player option on the 2027-28 season, sources tell ESPN.
Antetokounmpo had three years left on his contract, including a player option in 2025-26, and had the ability to extend up through tonight for three seasons, one of which would have replaced the player option.
By waiting until next offseason, Antetokounmpo would have been eligible to sign a four-year, $234 million extension.
The Bucks host the Philadelphia 76ers on Thursday in their season opener. It’ll be the first glimpse of Antetokounmpo together with Damian Lillard in games that count.
Never have either played with another star that garners as much attention as each of them command. So far the transition seems to be going smoothly. Off the court, both have been impressed with their similarities, with Antetokounmpo calling Lillard “a little version of me.”
Meanwhile, defenses have sent traps and double-teams at Lillard, which has given Antetokounmpo more space to attack the paint while opening up shots beyond the arc. Still, Antetokounmpo has expressed a willingness to defer to Lillard to help ease his transition with his new team.
