Giannis Antetokounmpo’s Next Switch Deal And Contract Termination Option with Bucks Or Signing Another Team Despite Bucks star revealing new $186m three-year deal
Milwaukee Bucks star Giannis Antetokounmpo looks set to sign new three-year extension, after revealing a contract agreement with franchise on his social media
On social media, Giannis Antetokounmpo revealed that he and the Milwaukee Bucks have reached an agreement on a new three-year contract worth an estimated $186 million, with an additional year’s option.
The two-time NBA MVP announced on social media on Monday that he has reached an agreement to extend his contract.
The Bucks reshared Antetokounmpo’s tweet on X, but they haven’t released an official statement. “The best possible cure for the Mondays” was written in the Bucks’ later-deleted repost.
With the start of the 2025–26 season, Antetokounmpo will be under contract for a minimum of four additional years, and potentially a fifth if he so chooses. Approximately $94.4 million will be his salary for the next two seasons, with an additional $120 million for 2025–2026 and 2026–2027.
Antetokounmpo made his statement as the first group of fourth-year players to agree to contract extensions before the NBA deadline was led by Cole Anthony of the Orlando Magic, Jaden McDaniels of the Minnesota Timberwolves, and Deni Avdija of the Washington Wizards.
In the summer of last year, Antetokounmpo declared that he would prefer to wait financially and would not be signing an extension this year. Additionally, he said that before deciding whether to remain longer, he wanted to see how serious the Bucks were to earning another championship.
Since then, the Bucks have acquired seven-time all-NBA guard Damian Lillard from the Portland Trail Blazers in a stunning trade. However, Antetokounmpo had already stated he did not plan to sign an extension this year, even after that trade.
Ahead of the new NBA season, Antetokounmpo said on the Bucks’ media day on October 2: “It did not make sense to sign the contract right now because money’s not important – a lot of money is important. So I’m going to sign it next year.
“I’ve got to always look at what’s best for me and my family, for my situation.
“But at the end of the day, I want to be a Milwaukee Buck for the rest of my career, as long as we are winning. It’s as simple as that.”
If Antetokounmpo had waited until next summer to agree to an extension, he possibly could have have earned even more money. A max-extension scenario, had he waited until 2024, could have been a four-year agreement at a figure exceeding $250m.
