Bucks, Giannis Antetokounmpo reach contract extension

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Giannis Antetokounmpo (Photo by John Fisher/Getty Images)

MILWAUKEE - Milwaukee Bucks All-Star Giannis Antetokounmpo has signed a three-year, $186 million contract extension with the team. Antetokounmpo, 28, is entering his 11th season in the NBA – all with the Bucks.

Antetokounmpo told The New York Times in August that he wanted to see how committed the Bucks are toward winning another championship before deciding whether to sign a long-term deal to stay in Milwaukee. The two-time MVP also noted the Bucks’ recent coaching change and said he wanted to "see the dynamics" of how everything works with the new staff before making a decision.

In September, the Bucks acquired All-Star guard Damian Lillard in a three-team trade. New head coach Adrian Griffin has now finished his first preseason at the helm, with the team set to tip off the regular season Thursday at Fiserv Forum.

Antetokounmpo is an NBA Champion, two-time MVP, Defensive Player of the Year, seven-time All-NBA honoree, seven-time All-Star, NBA Finals MVP and member of the NBA’s 75th Anniversary Team. He’s also a five-time All-Defensive team selection, a Most Improved Player and the Bucks’ all-time leader in points, assists, blocks, triple-doubles and games played.

Antetokounmpo is coming off a 2022-23 season in which he averaged a career-high 31.1 points (5th in NBA), 11.8 rebounds (T-2nd in NBA) and 5.7 assists per game while shooting 55.3% from the field. By doing so, he became one of only three players in NBA history, and the first since 1972-73, to average 30+ points, 10+ rebounds and 5+ assists while shooting 50% overall in a season.

Antetokounmpo led the Bucks to their second championship, and first in 50 years, in 2021 where he was named Finals MVP. Overall, Antetokounmpo has led the Bucks to the playoffs in eight of his 10 seasons and owns postseason career averages 26.6 points, 12.0 rebounds, 5.2 assists and 1.3 blocks across 79 games.

"Milwaukee is where I started my career, it’s our home, it’s where we’re raising our family, and it’s where I’m going to continue to work hard every day to make Bucks fans proud," said Antetokounmpo. "I want to thank Bucks owners Wes, Jamie, Jimmy and Dee for their continuous support of me and my family, and I want to express my appreciation to Jon Horst for being a trusted partner who has been with me since the day I arrived in Milwaukee 10 years ago. To my teammates and coaches, I will always be grateful to you for inspiring me to be my best every day. Together, we are committed to winning and bringing another championship to our city. And to Bucks fans, let’s get it!"