Giannis Antetokounmpo signs the biggest contract in NBA history

Best contracts in NBA history 0:58

(CNN) – Milwaukee can breathe simpler. NBA famous person Giannis Antetokounmpo agreed on Tuesday to signal a five-year contract extension with the Milwaukee Bucks. The deal is for $ 228.2 million and is the largest in NBA history, reviews Shams Charania of ..

Together with the final remaining 12 months of his present contract, Antetokounmpo will earn $ 256 million over the subsequent six seasons, Charania reported. Antetokounmpo’s agent, Alex Saratsis, informed ESPN’s Adrian Wojnarowski that the deal consists of an choice to decide out of the participant after the fourth 12 months.

“That is my home, that is my metropolis,” Antetokounmpo, 26, posted on social media Tuesday. “I’m fortunate to have the ability to be part of the Milwaukee Bucks for the subsequent 5 years. Let’s make these years depend. The present goes on, let’s get it executed.

Giannis Antetokounmpo

If the workforce did not signal Antetokounmpo with an extension, he would have entered the subsequent summer time as an unrestricted free agent.

After the Bucks have been eradicated from the 2020 NBA Playoffs by the Miami Warmth, there was some hypothesis that Antetokounmpo would possibly contemplate going to a different franchise. His signing of the extension chills these fears, at the very least for a brief interval.

Antetokounmpo is coming off a 12 months in which he gained the NBA Most Worthwhile Participant and Defensive Participant of the 12 months awards, a feat solely completed by Michael Jordan and Hakeem Olajuwon. He additionally averaged profession highs in factors (29.5 factors per sport) and rebounds (13.6 rebounds per sport) whereas shelling out 5.6 assists.

Antetokounmpo has led the Bucks to the greatest report in the league for 2 seasons in a row. Nevertheless, the Bucks fell to the Toronto Raptors in the 2019 NBA playoffs and the Miami Warmth in 2020.