The Milwaukee Bucks have reached an agreement with Giannis Antetokounmpo on a contract extension, General Manager John Hammond announced today. The contract will be finalized tomorrow afternoon at a press conference to be held at the recently-launched Wisconsin Entertainment and Sports Center (WESC) Preview Center.
Brian Windhorst: Bucks 4-year, $100 million extension with Giannis Antetokounmpo is for less than the max & there are no options, sources said.
Adrian Wojnarowski: Milwaukee Bucks forward Giannis Antetokounmpo has agreed on a four-year, $100M contract extension, league sources tell @The Vertical.
Q: You're eligible for a contract extension coming up. What are you expecting? By October, you could sign an extension with the Bucks. Giannis Antetokounmpo: "Hopefully. That was what everyone's been working for, for them to extend me. Hopefully, I stay here 20 years and I get my Greek Freak Day like Kobe [Bryant]."
Antetokounmpo will earn $3 million next season in the fourth and final year of his rookie contract, but it's no secret that he'll be in line for a massive raise in the 17/18 season. The Bucks can offer him an extension of up to five years starting in July, and based on this week's revised 17/18 cap projection of $107 million, Giannis could earn a first year max salary of up to $25 million. With max raises of 7.5% of the first year salary, a five-year deal from the Bucks could be worth approximately $144 million, thus locking in the Bucks' young star as early as July. Otherwise Giannis would become a restricted free agent in the summer of 2017, where the Bucks would have matching rights and other teams could offer up to four years, 4.5% raises and a total package of around $107 million.
June 26, 2022 | 8:49 pm EDT Update
James Edwards III: Sources: The Pistons are likely to pick up Hamidou Diallo’s $5.2 million team option. Additionally, sources tell me and @Will Guillory that the Pistons are unlikely to pick up Frank Jackson’s $3.1 million team option. The club has until Tuesday to make official decisions.
“You look historically with the guys that we’ve had here,” Wright says about Sochan. “He kinda reminded me a little bit of Boris, just kinda worldly. His interests and hearing about how he thinks about basketball, but life outside of basketball, really lined up with what we kinda hoped to be and what we hoped the environment and culture to be. So we think he’s going to add to us both on and off the court.”
“I think he’s an amazing player,” Doncic said about Banchero. “He has a great head coach, I know him very well, so I know he’s gonna get the opportunity to him to prove himself … I wish him all the luck.”
Jeff Weltman told the Orlando Sentinel that the Magic spent time with Banchero during the NBA’s mid-May draft combine in Chicago. “We’ve seen Paolo so many times,” Weltman told the Orlando Sentinel. “We’ve had so many touch points with him. We got to spend a lot of time with him in different facets. We got all of the data points we asked him to provide for us. We had everything we needed to feel we’re making a well-rounded decision.”
“I think he’s a starter [in the NBA],” Carrawell, the Duke assistant coach, told The Post in a phone interview on Sunday about Trevor Keels. “It’s harder when you’re a second-round pick, but he’s only 18. If he stays with it, and gets an opportunity and improves, I compare him to Marcus Smart.
June 26, 2022 | 8:04 pm EDT Update
“Let me tell you, the difference between four [rings] and three may as well be having one and four. It feels so night and day, like the rarefied air that we’re in after winning the fourth one than the third one, it’s just so rare,” Green said. “I was on the phone with ‘Bron the other day, and I’m just telling him like ‘Bruh, going from three to four is insane’ and he was like ‘Yo, I’m telling you, It’s crazy.”