MILWAUKEE (WKOW) -- Giannis Antetokounmpo has signed a five year contract extension with the Milwaukee Bucks.
He tweeted the news Tuesday saying, "This is my home, this is my city." His agent, Alex Saratsis, tells ESPN it will be a five-year, $228 million super max extension, with an opt-out after the fourth year.
The Bucks officially announced the extension Tuesday evening.
“This is a big moment for me and my family and I want to thank the Bucks organization for believing in us,” said Antetokounmpo. “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.”
“Giannis’ NBA career began as an 18-year old from the Sepolia neighborhood north of Athens, Greece,” Bucks General Manager Jon Horst said. “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 Milwaukee Bucks also posted a video of Giannis after the deal was made official.