Giannis Antetokounmpo expected to sign Heat extension worth up to $357 million

11/11/202619:35

According to Bobby Marks, the Greek superstar could sign in January or next summer, with a four-year, $276 million extension or a five-year, $357 million deal available.

Giannis Antetokounmpo is expected to remain with the Miami Heat, with a contract extension reportedly on the horizon. According to Bobby Marks, the Greek superstar is expected to sign a new deal with the franchise either in January or during the upcoming summer.

The financial terms will depend on the timing. Starting January 6, six months after his trade from Milwaukee, Antetokounmpo could sign a four-year extension worth approximately $276 million. Alternatively, he could decline his 2027-28 player option and re-sign with Miami as a free agent next summer on a five-year deal worth around $357 million.

The latter option would give the two-time MVP access to the largest possible contract.