What is Giannis Antetokounmpo’s contract with the Milwaukee Bucks worth?

One day before the start of the 2023-24 NBA season, the superstar Giannis Antetokounmpo announced via his social media accounts that he has signed a contract extension with the Milwaukee Bucks. – the team that recruited him with the 15th pick in the 2013 Draft. The agreement planned to prepare him for three more seasons for a whopping $186 million.

Antetokounmpo’s exceptional contract with the Bucks

The one affectionately nicknamed the “Greek Freak” was, at the start of the season, about to begin the third year of the contract he signed in December 2020. – a five-year contract worth $228 million that includes a player option for the 2025/26 season. This option was valued at $51.5 million and with the extension it increased to $57.6 million, with salary increases in the final years of the deal based on the assumption that the salary cap will increase by 10% in the next two seasons.

According to Spotracthree players: Giannis, Damien Lillard And Khris Middleton between them take up 65 percent of the Bucks’ salary cap through the 2023-24 season. The rest includes Brook Lopez, Bobby Portis, Pat Connaughton And Mar Jon Beauchamp with a salary above the minimum. Among those earning the military minimum in Milwaukee are Jae Crowder, Robin Lopez, Cameron Payne, Malik Beasley And Thanasis Antetokounmpo.