When Giannis Antetokounmpo signed a four-year, $100 million contract extension with no options, my immediate reaction was: He got how little?
C.J. McCollum, less valuable than Antetokounmpo due to a three-year age gap, got a quasi-max extension of $106 million.
The implication here is Antetokounmpo could’ve gotten more.
Bucks general manager John Hammond:
If Antetokounmpo passed on a true max deal, we won’t know how much he saved the Bucks until next offseason. By the time the new salary cap is set and the Collective Bargaining Agreement is agreed upon, it could be substantially more than $6 million over four years. (The complication: With a max deal Milwaukee could have given Antetokounmpo a fifth year on his extension. The non-max limit was four.)
The Bucks have done well in this area. Not only did Antetokounmpo take less than his apparent market value, so did Milwaukee’s second-highest-paid player – Khris Middleton, who signed for $70 million over five years last summer. This puts some pressure on Jabari Parker, who’ll be eligible for an extension next offseason.
As Hammond said, these prudent signings give the Bucks extra money to spend elsewhere.