ESPN’s Adrian Wojnarowski broke the story first, as per Woj the deal includes an opt-out after the fourth year.
As @Giannis_An34 tweeted, he is signing his extension with the Bucks. His agent, Alex Saratsis, tells ESPN it will be for the full five-year, $228M super max, including an opt-out after the fourth year.
— Adrian Wojnarowski (@wojespn) December 15, 2020
“This is my home, this is my city,” Antetokounmpo posted on Twitter and Instagram on Tuesday. “I’m blessed to be able to be a part of the Milwaukee Bucks for the next 5 years. Let’s make these years count. The show goes on, let’s get it.”
This is my home, this is my city.. I’m blessed to be able to be a part of the Milwaukee Bucks for the next 5 years. Let’s make these years count. The show goes on, let’s get it. 🤎🙏🏽 pic.twitter.com/895tCBE9RK
— Giannis Ugo Antetokounmpo (@Giannis_An34) December 15, 2020
Antetokounmpo is coming off a career year in which he became just the third player in league history to win MVP and Defensive Player of the Year in the same season, joining Michael Jordan and Hakeem Olajuwon. He also averaged career highs in points (29.5) and rebounds (13.6) to go with 5.6 assists per game and a 31.9 player efficiency rating — the highest in a season in NBA history, per ESPN Stats & Information data.
Milwaukee has finished the regular season with the best record in the league each of the past two years, but it failed to reach the NBA Finals either time. In 2019, the Bucks took a 2-0 lead over the Toronto Raptors in the conference finals before losing in six games. This past season, Milwaukee didn’t get that far, falling to the Miami Heat in five games during the semifinals in the Orlando bubble.
The Bucks have reached the conference finals just once in Antetokounmpo’s seven-year tenure and haven’t reached the NBA Finals since 1974 with Kareem Abdul-Jabbar, who ultimately asked to be traded from Milwaukee after his sixth season as a three-time league MVP.
"I love Milwaukee." pic.twitter.com/Vh914HyoML
— Milwaukee Bucks (@Bucks) December 15, 2020