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Giannis Antetokounmpo Signs Super-Max Extension With Bucks

December 15th, 2020 at 5:30pm CST by Luke Adams

5:30pm: The Bucks officially announced their new agreement with Antetokounmpo (via Twitter).

3:35pm: Antetokounmpo’s super-max extension will feature a 15% trade kicker, reports Charania (via Twitter). Since a player’s trade bonus can’t push his salary above his maximum, that’s unlikely to matter unless the cap rises significantly during the later years of Giannis’ new deal.

12:23pm: Giannis Antetokounmpo has decided to sign a five-year, super-max contract extension with the Bucks, per Shams Charania of The Athletic (Twitter link). Antetokounmpo published an Instagram post announcing the news.

“This is my home, this is my city,” he wrote. “I’m blessed to be able to be a part of the Milwaukee Bucks for the next five years. Let’s make these years count. The show goes on, let’s get it.”

The deal, which will feature a starting salary worth 35% of the salary cap, projects to be worth $228.2MM over five years, making it the largest contract in NBA history, Charania notes. The exact value will depend on how much the salary cap increases for the 2021/22 season — the $228.2MM projection is based on a presumed 3% cap bump.

In that scenario, Antetokounmpo would make $39,344,970 in year one, with annual 8% raises resulting in a fifth-year salary of $51,935,362 in 2025/26. That final year will be a player option, agent Alex Saratsis tells ESPN’s Adrian Wojnarowski (Twitter link).

Antetokounmpo’s decision to sign the Bucks’ super-max extension offer, which has been on the table since the new league year began last month, is a massive development for the franchise. Milwaukee now has the two-time MVP locked up for the next five seasons and can focus on continuing to build a championship-caliber roster around him.

The Bucks’ efforts to bolster their roster around Antetokounmpo included trading multiple future first-round picks and pick swaps last month to acquire standout guard Jrue Holiday from the Pelicans. Milwaukee also attempted to land Bogdan Bogdanovic in a sign-and-trade, but that deal ultimately fell apart, forcing the club to look elsewhere on the free agent market. The Bucks instead signed D.J. Augustin, Bobby Portis, Bryn Forbes, and Torrey Craig to fill out their rotation.

There was some speculation that the Bucks’ failed effort to bring Bogdanovic to Milwaukee may dampen Antetokounmpo’s enthusiasm for an extension, since he was said to be high on the idea of teaming up with the Serbian swingman. However, if that was the case, it wasn’t enough to dissuade Giannis from locking in a new deal with the Bucks before the December 21 super-max deadline.

Antetokounmpo, who turned 26 last Sunday, has led the Bucks’ to the NBA’s best regular season record in each of the last two seasons, establishing new career highs in 2019/20 with 29.5 PPG and 13.6 RPG in just 30.4 MPG (63 games).

In each of those last two years, the Bucks fell short of the NBA Finals, blowing a 2-0 lead to the Raptors in the 2019 Eastern Conference Finals and then losing to the Heat in the 2020 Eastern Semifinals. However, Antetokounmpo’s long-term commitment to Milwaukee signals that he still believes in the club’s ability to win a title, since he has long maintained that an ability to compete for a championship was his number one priority in deciding where he wants to play.

With Antetokounmpo no longer on track to reach free agency in 2021, a handful of teams around the NBA will have to reevaluate their plans for next summer. The Raptors, Heat, and Mavericks were among the clubs hoping to take a run at the All-NBA forward. They could still use their projected ’21 cap room to pursue a star, but they’ll have to target someone besides Giannis.

Once he makes it official with the Bucks, Antetokounmpo will become the sixth player to sign a super-max contract since the NBA introduced it in 2017, joining Stephen Curry, Damian Lillard, James Harden, Russell Westbrook, and John Wall, as Bobby Marks of ESPN tweets.

Antetokounmpo will also be the ninth player to sign a contract extension since the 2020/21 league year began and the seventh to ink a max deal, joining LeBron James, Paul George, Jayson Tatum, Donovan Mitchell, Bam Adebayo, and De’Aaron Fox.

Photo courtesy of USA Today Sports Images.

Could Extension For Holiday Be Next For Bucks?

December 15th, 2020 at 3:07pm CST by Luke Adams

Now that the Bucks have secured a commitment from Giannis Antetokounmpo, Kevin Pelton of ESPN (Insider link) wonders if an extension for Jrue Holiday might be next up on the team’s to-do list. Since he was recently traded, Holiday can only get a 5% raise and one extra year (beyond his 2021/22 player option) for now, but those restrictions will lift on February 26, allowing for more money and more years.

And-Ones: Doncic, Lin, G League, Duffy

December 14th, 2020 at 12:42pm CST by Luke Adams

A panel of eight NBA scouts and executives polled by Tim Bontemps of ESPN nearly unanimously view LeBron James as the league’s best player, but voted Luka Doncic as the frontrunner for the MVP award in 2021.

“It’s hard to see Giannis winning three in a row,” a Western Conference scout told ESPN. “And I think there’s more of an opportunity for Luka to kind of put on an MVP show and do more on an individual basis.”

Bontemps also had those scouts and execs weigh in with their thoughts on the 2020 offseason, polling them on which teams had the most success upgrading their roster in either the short or long term — or both. Half the panelists picked the Lakers as the team that had the best offseason, with the Hawks, Thunder, and Sixers also receiving votes. Meanwhile, the Pistons, Rockets, and Bucks got votes for the worst offseason.

Here are a few more odds and ends from around the basketball world:

Free agent guard Jeremy Lin practiced this weekend with the G League Ignite ahead of their scrimmages on Tuesday and Thursday, league sources tell Adam Zagoria of Forbes (Twitter link). Lin wasn’t among the veteran players previously announced as part of the Ignite, but Zagoria suggests in his full story that the veteran is expected to suit up with the squad on Tuesday.
Dakota Schmidt of Ridiculous Upside is keeping tabs on which teams are expected to opt in and out of the G League’s proposed Atlanta-area bubble. With the NBA’s opening night just over a week away, it seems like a formal update on the plans for the NBAGL should be right around the corner.
After making a clerical error that cost client Anthony Carter approximately $3MM in 2003, agent Bill Duffy vowed to repay Carter in full and has made good on that promise, making the last of his payments to Carter this year, as Sopan Deb writes in an interesting story for The New York Times.

Trading For Harden Would Be Very Difficult

December 11th, 2020 at 9:10pm CST by Dana Gauruder

James Harden has reportedly added the Bucks to the teams he’d be willing to play for but acquiring the perennial All-Star guard would be very complicated even if Milwaukee wants him, as Eric Nehm of The Athletic points out.

Milwaukee can’t move nearly half of its players on guaranteed contracts since the club added six players via trades or free agent signings. Most of those players aren’t eligible to be dealt until late February. The Bucks’ proximity to the hard cap also makes it nearly impossible to trade multiple players for Harden unless a third party is involved or Houston tosses in some minimum salary players.

Nets Notes: Durant, G League, Dinwiddie

December 10th, 2020 at 11:00am CST by Luke Adams

As he prepares to make his debut for the Nets, nearly 18 months after joining with the team, Kevin Durant expects to be asked to play a few different positions, he told reporters on Wednesday. As Malika Andrew of ESPN writes, Durant will spend time playing frontcourt roles besides his old small forward spot.

“I think Coach (Steve Nash) is going to use me in a variety of ways, especially as a small-ball five and four sometimes,” Durant said. “And bringing the ball up, too, so I’ve just got to be ready for anything.”

Durant also said on Wednesday that he doesn’t have a set number of minutes in mind for the Nets’ preseason games as he makes his return from a torn Achilles. He’s just hoping to use those two exhibition contests as a measuring stick for what his body can handle, writes Andrews.

Here’s more on the Nets:

Durant was asked about the James Harden trade rumors again on Wednesday and deflected them, saying he’s “very excited” about Brooklyn’s current roster. “I don’t think about James Harden at all,” the Nets’ star said, according to Adam Zagoria of Forbes. “I mean, he doesn’t play on our team.” Durant previously insinuated that reports of him and Harden talking about teaming up in Brooklyn were “made up.”
The Nets are among the teams expected to opt in for the proposed G League bubble in Atlanta, tweets Zagoria. The Long Island Nets – Brooklyn’s affiliate – would be among the dozen-plus clubs likely to participate, Zagoria adds.
Spencer Dinwiddie was mentioned in some offseason trade rumors, with Shams Charania of The Athletic reporting today that the Nets guard was among the players pursued by the Bucks. However, head coach Steve Nash sounds confident that Dinwiddie will remain in Brooklyn for the 2020/21 season, per Brian Lewis of The New York Post (Twitter link). “I’m heavy towards not trading Spencer Dinwiddie and the front office feels the same way,” Nash said.

Bucks, Heat Also Among Harden’s Preferred Trade Destinations

December 10th, 2020 at 8:35am CST by Luke Adams

James Harden now has the Bucks and Heat among his preferred trade destinations, sources tell Shams Charania of The Athletic. Milwaukee and Miami join Brooklyn and Philadelphia as the top landing spots on Harden’s wish list.

As we observed on Tuesday when we wrote about Harden adding the Sixers to his list of preferred destinations, the Rockets are under no obligation to send the former MVP to one of the teams on his list, since he has multiple years left on his contract and doesn’t have the ability to veto trades. However, it’s possible those clubs would be more willing to offer significant packages for Harden if they know he wants to play for them.

Neither Milwaukee nor Miami looks like an ideal trade partner for Houston, however, given the Rockets’ asking price of an All-Star caliber player plus several young players and/or draft picks. Both the Bucks and Heat have traded away multiple future first-round picks and/or pick swaps, compromising their ability to build an offer heavy on draft assets.

As for potential centerpieces, Jimmy Butler and Bam Adebayo would presumably be off the table in any deal with Miami, while Milwaukee obviously isn’t moving Giannis Antetokounmpo.

The Bucks have other former All-Stars in Khris Middleton and Jrue Holiday, but neither is on a particularly team-friendly contract — Middleton is owed $147MM over four years, while Holiday can reach free agency in 2021. Tyler Herro would be an intriguing target in any deal with the Heat, but has only played one season, so the Rockets would have to be awfully high on his potential to accept a package built around him.

The Nets and 76ers are still atop Harden’s wish list, according to Charania, who says the 31-year-old has been “resigned to the belief” that he can no longer compete for a championship in Houston.

However, Charania hears that the Rockets have no interest in a Brooklyn offer that doesn’t include Kevin Durant or Kyrie Irving. A Sixers offer would likely have to include Ben Simmons, but new head coach Doc Rivers has “privately made clear” that he wants an opportunity to try to maximize the potential of the Simmons/Joel Embiid duo, Charania writes.

General manager Daryl Morey and the Philadelphia front office, having added sharpshooters Seth Curry and Danny Green to complement Simmons and Embiid, appear committed to keeping their two young stars for the time being.

Harden is currently going through the NBA’s coronavirus testing process and will have to register six negative tests before he’s cleared to practice with the Rockets. According to Jonathan Feigen of The Houston Chronicle, Harden only requires three negative tests to begin individual workouts, and Charania suggests the superstar guard is expected to have a workout in front of team personnel soon.

According to Charania, Harden has “maintained a dialogue” with trusted Rockets assistant coach John Lucas, even as he has been non-communicative at times with the club’s front office.

Giannis Says He’s Focused On Basketball, Letting Agent Handle Contract

December 9th, 2020 at 4:04pm CST by Luke Adams

Addressing reporters for the first time this season on Wednesday, Bucks star Giannis Antetokounmpo didn’t offer up any particularly juicy quotes when he was inevitably asked about his contract situation. Antetokounmpo, who can sign a five-year super-max extension with Milwaukee before the season begins, said he’s letting agent Alex Saratsis handle talks with the team.

“I’m not focused on that,” Antetokounmpo said, per Eric Woodyard of ESPN. “I know my agent, Alex, and (Bucks GM) Jon Horst and the Bucks ownership are focusing on those discussions, but I’m just trying to focus on myself. How I can get better, how I can help my teammates get better, how can we be ready Saturday to play our first preseason game.”

As we detailed earlier today, a five-year super-max deal for Antetokounmpo would start in 2021/22 and is worth a projected $228MM+. He could sign that extension on or before December 21. If he doesn’t sign it this month, he’d be eligible for the same deal with the Bucks if he waits until free agency in 2021. During the season, he can’t sign a super-max contract, but could sign a shorter-term extension that would start at 30% of the cap instead of 35%.

Antetokounmpo’s contract situation is arguably the NBA’s biggest storyline, though he did make a valiant effort today to downplay the focus on a potential extension.

“I know this is big for the City of Milwaukee, (the) NBA world, and (the) media world,” Giannis said, according to Marc J. Spears of The Undefeated (Twitter link). “But I’m a private person.”

Antetokounmpo added that he hoped reporters’ focus would be on basketball going forward, since his answers about his contract “are going to be the same,” Spears notes.

The two-time Most Valuable Player also said today that he doesn’t believe the Bucks are in a “championship or bust” situation in 2020/21.

“Obviously, everybody wants to win a championship, I want to win a championship,” Giannis said, according to Woodyard. “There’s nobody that wants to win a championship more than me. I can guarantee you that. But there’s steps to that. You’ve got to keep improving. You’ve got to keep getting better and hopefully we can get there this year.”

Poll: Will Giannis Sign Super-Max Extension With Bucks?

December 9th, 2020 at 1:41pm CST by Luke Adams

All of 2020’s top 50 free agents are off the board. LeBron James, Jayson Tatum, and several other notable players have signed contract extensions. Every 2020 draftee who is expected to sign a contract for the coming season has done so.

However, we’ll still waiting for news on the biggest contract question of the NBA offseason: Will Giannis Antetokounmpo sign a super-max extension with the Bucks?

Antetokounmpo’s decision figures to have a seismic impact on the rest of the league. Besides potentially making or breaking the Bucks’ future, it’ll also be a crucial turning point for all the teams who are maintaining cap flexibility in the hopes of making a run at the reigning MVP in 2021 free agency, including the Mavericks, Raptors, and Heat.

Even the teams that have no shot at landing Antetokounmpo themselves will be keeping a close on his situation, since the NBA’s balance of power could shift depending on where the star forward decides to spend the next few years of his career.

The Bucks and Antetokounmpo have until December 21 to finalize a super-max extension, which would add five years onto his current deal and pay him a projected $228.2MM (assuming the cap increases by 3% for 2021/22). If the two sides don’t reach an agreement by that point, Antetokounmpo will be on track to reach free agency in 2021, putting significant pressure on the Bucks to prove during the coming season that they’re a legitimate championship contender.

Reports leading up to the offseason indicated that the Bucks were projecting confidence about their chances of locking up Giannis before the regular season began, but Zach Lowe of ESPN said on The Jump on Tuesday (video link) that the team has “gone kind of silent” since then.

That doesn’t necessarily mean that the Bucks aren’t still confident, but it’s somewhat concerning when combined with reports that Antetokounmpo had been looking forward to teaming up with Bogdan Bogdanovic, who was seemingly on track to join the Bucks in a sign-and-trade deal last month before it fell apart.

Still, the Bucks have posted the NBA’s best record for two consecutive seasons and added Jrue Holiday to the mix for 2020/21. There’s no reason why they shouldn’t be one of the best teams in the NBA again this season, and Holiday increases their postseason upside.

Antetokounmpo’s teammates also don’t seem too concerned about his contract situation, having jokingly gifted him with pens for his 26th birthday on Sunday, as Eric Woodyard of ESPN details.

It’s worth noting that the Bucks and Antetokounmpo could still complete the same five-year super-max extension during the 2021 offseason — they don’t necessarily have to get it done now.

But if he decides to wait, Giannis would be signaling that he wants to keep his options open, and speculation about his future would only increase over the course of the year, since super-max deals can’t be signed during the season. He won’t be able to get any more money by waiting, so if he knows he wants to stay in Milwaukee long-term, it makes sense for him to sign that new deal sooner rather than later.

What do you think? Will Antetokounmpo sign a super-max extension with the Bucks sometime in the next 12 days? Or will he forgo a new deal this month, choosing to keep his options open as his 2021 free agency approaches?

Vote in our poll, then head to the comment section below to share your thoughts!

Trade Rumors app users, click here to vote.

Photo courtesy of USA Today Sports Images.

Giannis Wants To Keep Working Hard

December 8th, 2020 at 8:08pm CST by Dana Gauruder

The looming deadline for Giannis Antetokounmpo to sign an extension — December 21 — hasn’t affected his work ethic in camp, Bucks coach Mike Budenholzer told reporters, including The Athletic’s Eric Nehm (Twitter link). “He wants to be coached hard,” Budenholzer said of Giannis. “He wants everybody to do everything they can every day to get better.”

Central Notes: Carter, Giannis, Pistons, Pacers

December 4th, 2020 at 1:02pm CST by Luke Adams

On the morning of the 2020 draft, a report indicated that the Bulls had offered Wendell Carter Jr. to Golden State in a trade to move up from No. 4 to No. 2. After Chicago stayed put on draft night, head of basketball operations Arturas Karnisovas denied trying to trade up.

Asked this week about those trade rumors, Carter didn’t sound too stressed about the subject of some draft-day speculation, suggesting he “had a lot of faith” that he would stick with the Bulls, as Rob Schaefer of NBC Sports Chicago writes.

“When I first saw it, I kind of knew it was BS,” Carter said. “I didn’t pay much attention to it. Then my family members started hitting me up about it, like, ‘Man, what’s going on?’ You going to Oakland?’ I’m, like, ‘Man, I feel like I’m good.’ … I knew the coaching staff and the front office believed in me from the talks that we’ve had. … It’s always a little anxiety when you see your name floating around as possibly being traded. But deep down in my heart, I knew I was going to be a Bull.”

Here’s more from around the Central:

The Bucks are anxiously waiting to find out whether Giannis Antetokounmpo will sign a five-year super-max extension with the team, but fellow All-Star Khris Middleton and head coach Mike Budenholzer said on Thursday that they’re focusing on supporting the reigning MVP rather than pushing him to sign. “He knows that I deeply want him to return and sign this extension, but at the same time, I know he’s got a big decision that he’s got to work through himself and with his family at home because those are the most important people,” Middleton said, according to ESPN’s Eric Woodyard. “Whatever he does, he knows that I’ll support him to the fullest.”
While the Pistons are no longer carrying as many centers on their roster as it appeared they might early in free agency, general manager Troy Weaver told reporters on Thursday that he didn’t mind the perception that he was stockpiling big men. “Let the record show. I know there was a lot about we were collecting a lot of centers — absolutely!” Weaver said, per Rod Beard of The Detroit News. “I love bigs. … I believe that’s the way you win, by controlling the backboards. It’s held true. I’ve never seen a team win a championship without controlling the backboard.”
The Pacers have officially announced a handful of new additions to Nate Bjorkgren‘s coaching staff, including confirming the previously-reported hiring of assistant coach/player development Calbert Cheaney. Bjorkgren is also bringing Tyler Marsh with him from the Raptors as a player development assistant.