Giannis Antetokounmpo Has Signed His 5-Year, $228 Million Supermax Extension With The Bucks

The Milwaukee Bucks offseason has been a wild ride, trading Eric Bledsoe, George Hill, and three future first-round picks to the Pelicans for Jrue Holiday and then thinking for two days they had completed a sign-and-trade for Bogdan Bogdanovic, only to see him sign an offer sheet with the Hawks instead after some miscommunication. In the wake of that miss, they’ve brought back Pat Connaughton and signed D.J. Augustin, Bryn Forbes, Bobby Portis, and Torrey Craig to fill out their rotation.

It’s a solid rebound from the Bogdanovic embarrassment, but as long as their rollercoaster ride ends with Giannis Antetokounmpo signing on the dotted line for his supermax extension this offseason, it was all worth it. On Tuesday, word broke that he had indeed done just that, staying with the organization that drafted him 15th overall in the 2013 NBA Draft and has seen him emerge as the reigning DPOY and two-time MVP.

Antetokounmpo confirmed the news on his Twitter account.

The deal included an opt-out after the fourth year, which was always going to be the case to provide him with maximum flexibility to maximize his earning potential.

Antetokounmpo joins a fairly short list of players to qualify for and sign a supermax extension, with Stephen Curry, James Harden, Damian Lillard, Russell Westbrook, and John Wall being the other five who have done so. It’s a huge win for a Bucks organization that has tried to build a contender around Giannis and showed their willingness to spend now at the risk of future assets with the Holiday trade. Now, the question facing Milwaukee is if the roster they’ve assembled can get out of the East, where they’ll once again be the favorites ahead of the likes of Miami, Philadelphia, and Boston.

A lot of that responsibility to taking the Bucks to a Finals rests on the shoulders of Antetokounmpo, who isn’t without fault for Milwaukee’s shortcomings the past two seasons in the playoffs, but it’s admirable that he wants to take that on and be the one to get the Bucks organization to that level.