How much will Giannis Antetokounmpo earn following $186 million contract extension with the Bucks?

Giannis Antetokounmpo has been remarkable since drafted into the NBA by the Milwaukee Bucks. His ten years in the league have seen him become one of the best players of this generation. He has made All-Star seven times and also captained the All-Star team on three occasions. The two-time MVP has made the Milwaukee Bucks his home.

Giannis’ wish and desire is to end his career playing for the Bucks. Hence, it seems Giannis has agreed to a contract extension deal with the Bucks to put an end to further speculations surrounding his future.

How much will Giannis earn after his new contract?

Giannis Antetokounmpo decided to extend his commitment to the Milwaukee Bucks. The Bucks have officially signed Antetokounmpo to a three-year maximum contract extension worth $186 million. This move puts an end to any lingering uncertainty about the future of the two-time MVP.

Giannis Antetokounmpo
Via Getty

He is 28 years old and was initially under contract until the 2025-26 season. This extension will keep him with the Bucks until the 2027-28 campaign. Although he holds a player option for the 2027-28 season, he will have the opportunity to enter free agency in July 2027, at the age of 32. Giannis Antetokounmpo has already earned over $190 million in salary during his 10-year career.

Antetokounmpo shared his excitement about the agreement in a Twitter post, “MILWAUKEEEEEEEEE!! Let’s get it!!!! #BucksInSix #Extended”

Giannis would earn a Base Salary of $45,640,084, with a cap hit of $45,640,084, a yearly cash of $45,640,084, and a guaranteed sum of $45,640,084 in the 2023-24 season according to Sportrac.

He will also earn a base salary of $48,787,676, while carrying a cap hit of $48,787,676, a yearly cash of $48,787,676 and a guaranteed sum of $48,787,676 in the next season. Evidently, Giannis Antetokounmpo’s contract represents a significant increase in all facets as the year passes by.

How important is Giannis for the Bucks?

If the Milwaukee Bucks stand a chance of winning the 2023-24 championship, then they need to have Giannis Antetokounmpo in his best frame of mind. Giannis’ 28.1 points, 11.0 rebounds, and 5.9 assists per game in the 2020-21 season were enough to win the Bucks their second NBA title in history and secured him the final MVP. He also made it to his fifth All-Star selection.

Giannis Antetokounmpo has constantly delivered an MVP performance since making it into the NBA in 2013 though his long record of injury has done little to hinder his performances in games.

Giannis Antetokounmpo
Via Getty

Giannis’ as a power forward has the height of a center which poses a serious threat to the opposing teams. His efficient ball-handling skills are like that of a point guard, and he has the ferocity of a Doberman and the wingspan of a pterodactyl. All these attributes have made Giannis Antetokounmpo one of the most prolific players in the league to maintain his MVP caliber. He is arguably the best player in the Milwaukee Bucks and the most important at the moment.

After the Bucks announced the signing of Damian Lillard from the Portland Trail Blazers and Giannis signing a contract extension deal, the implication is that the Bucks have done enough to convince their star player to commit his future to the franchise. And a sign that everything is going just fine for Giannis and Bucks.

Shariare Hasib

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Shariare Hasib is an NBA Editor at SportsKnot. With a master's degree in journalism from a prestigious university, Shariare started writing about the sport during his undergraduate years. Since then, he has been fascinated by LeBron James' lasting impact as well as Stephen Curry's incredible consistency. He specializes in live basketball coverage. Apart from reporting on trade speculations and match updates during off-season activities, Shariare frequently interacts with fan communities to stay abreast of the constantly evolving NBA scene.


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