Antetokounmpo agrees to extension with Bucks

Giannis Antetokounmpo says he’s staying with the Milwaukee Bucks for at least five more seasons.

“I’m blessed to be a part of the Milwaukee Bucks for the next 5 years,” the twotime reigning MVP posted Tuesday on his social media platforms.

The 26-year-old Antetokounmpo had until Monday to sign the Bucks’ supermax extension offer. If he turned it down, Antetokounmpo could have become a free agent after the upcoming season.

A lthough A n t e t o kounmpo didn’t announce the terms of his new deal, The Athletic and Stadium reported that he agreed to a five-year contract worth $228 million that includes an opt-out clause in 2025.

“This is my home, this is my city,” Antetokounmpo said. “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.”

His decision means the Bucks will hang on to their biggest superstar since Hall of Famer Kareem AbdulJabbar, who led Milwaukee to its lone NBA title in 1971 but demanded a trade and was dealt to the Los Angeles Lakers in 1975.

The Bucks paid a hefty price to revamp their roster this offseason in an attempt to persuade Antetokounmpo to stay in Milwaukee. They dealt away guards Eric Bledsoe and George Hill, first-round draft pick R. J. Hampton and two more first-round selections as part of a package to acquire Jrue Holiday in a fourteam trade.

They also overhauled their bench by adding Bobby Portis, D.J. Augustin, Torrey Craig and Bryn Forbes. Antetokounmpo called those offseason moves “amazing” without indicating whether he planned to sign.