Milwaukee, WI — In a surprising twist during the NBA offseason, forward Thanasis Antetokounmpo has reportedly agreed to a 5-year, $50 million deal — only for the Milwaukee Bucks to reject the agreement.
Sources close to the negotiations say Thanasis, 32, expressed interest in continuing his tenure with the Bucks alongside his brother, Giannis Antetokounmpo, hoping for a long-term extension that reflected his loyalty and role as a locker room presence.
The proposed contract, valued at $10 million per year, was seen by Thanasis’ camp as a reasonable ask given his veteran status, work ethic, and leadership. However, front office insiders revealed the Bucks’ management was unwilling to commit to such a long-term and high-value deal for a player whose on-court minutes remain limited.
“The organization respects Thanasis greatly, but the numbers just didn’t align with their long-term roster and cap strategy,” said one team executive.
While Thanasis may not play heavy minutes, he has built a reputation for his energy, hustle, and close relationship with key players — particularly Giannis. His presence on the bench has been considered part of the team’s chemistry formula in recent years.
What’s Next?
With this deal off the table, Thanasis is now officially a free agent and will likely explore options with other teams — or possibly renegotiate a smaller deal with Milwaukee.
Fans have taken to social media with mixed reactions. Some are praising the Bucks for their financial discipline, while others fear the decision might affect Giannis’ long-term commitment to the team.
As free agency unfolds, all eyes will be on Milwaukee to see whether Thanasis will return under different terms — or take his talents elsewhere.