(WFRV) – Bucks star Giannis Antetokounmpo is staying in Milwaukee, and will sign his super-max contract with the team.
Antetokounmpo tweeted on Tuesday afternoon that he would be staying in Milwaukee for the next five years. Saying, “this is my home, this is my city,” as a signal to Bucks fans that a deal had been reached.
That deal to keep Giannis in Milwaukee was previously reported to pay him over $228 million dollars over the next five years, according to reports by ESPN and The Athletic. Giannis will make a guaranteed $256 million dollars over the next seasons with the Bucks after you combine the extension with his current contract.
“This is a big moment for me and my family and I want to thank the Bucks organization for believing in us,” said Giannis Antetokounmpo in a press release from the team. “You took a chance on us eight years ago and now putting my signature on a contract like this is unreal – but it’s all because of hard work. This is my home and I’m going to continue working hard and do my best to make the Bucks, our fans and the city proud. Let’s have fun, win and make these years count.”
The Bucks later officially announced that Antetokounmpo had signed his contract extension, but the team does not release details of the deal.
“Giannis’ NBA career began as an 18-year old from the Sepolia neighborhood north of Athens, Greece,” Bucks General Manager Jon Horst said in a release from the team. “Through hard work, determination and an unequaled desire to be the best, Giannis has developed into a relentlessly driven, 26-year old, two-time Most Valuable Player, Defensive Player of the Year and four-time All-Star for the Milwaukee Bucks. He’s an incredible teammate, a kind and caring person, an affable member of the Milwaukee community, and the leader of our team who sets the tone for our organization. We are thrilled for Giannis and his family and are tremendously proud to sign him to this well-deserved contract extension.”
The reigning two-time MVP had until next Monday to sign his super-max contract with the Bucks. A deal could have been reached later during the season, but the terms of the contract and what Giannis makes in terms of money would be much different.
Giannis would have become a free agent this upcoming offseason if he chose not to sign a super-max contract extension with the Bucks this year. So other teams could pursue the Great Freak, but would not be able to off as much money as Milwaukee.
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