Giannis Antetokounmpo isn’t going anywhere.
The back-to-back NBA MVP announced on Tuesday that he agreed to a record five-year $228 supermax extension to remain with the Milwaukee Bucks. The deal includes an opt out after the fourth year, per ESPN.
“This is my home, this is my city,” Antetokounmpo wrote on Twitter. “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.”
Antetokounmpo was expected to become a free agent following the 2020-21 season, which would have made him the top free agent in the market, but his decision to remain in Milwaukee will keep the Bucks as perennial contenders.
Last season, Antetokounmpo became the third player in league history to win an MVP and Defensive Player of the Year award in the same season, joining Michael Jordan and Hakeem Olajuwon.
He averaged a career-high 29.5 points and 13.6 rebounds per game last year, leading the Bucks to the best record in the NBA for the second consecutive season.
That success has not translated in the postseason, however. The Bucks were eliminated in five games to the Miami Heat inside the Orlando bubble last year, while losing to the eventual NBA Finals champion Toronto Raptors in six games the year before, despite taking a 2-0 series lead.