Giannis Antetokounmpo intends to sign an extension with the Miami Heat in January or in the next offseason.

Giannis Antetokounmpo will reportedly commit himself to the Miami Heat on a long-term deal.

Joining The Hoop Collective Podcast, ESPN front office insider Bobby Marks revealed that the Greek superstar will be signing a new deal with the Heat in January or in next year’s offseason.

“Giannis will extend with them either in January or sign a new deal this summer,” Marks said, “So, it’s not like we’re putting, you know, he’s going to be looking at other things, right?”

Giannis to sign extension with Miami Heat?

Giannis Antetokounmpo is currently in the second year of a three-year, $175 million fully guaranteed max contract. He holds a $62.8 million player option for the 2027-28 NBA season.

Starting Jan. 6, Giannis will have several options in securing a lucrative payday. He can sign a four-year, $275 million extension or accept his 2027-28 player option and sign a three-year, $214 million extension.

If he waits until the summer of 2027 and becomes a free agent, he could re-sign with the Miami Heat on a five-year deal worth a major $357 million.

Giannis’ extension situation with the Heat stands as one of the biggest NBA storylines that has yet to be answered. The superstar was acquired by the Milwaukee Bucks this past offseason in a massive deal that sent Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., and Kasparas Jakucionis away.

Milwaukee also received five draft assets: the 2026 No. 13 overall pick, which was used to select Nate Ament, unprotected first-round picks in 2031 and 2033, a 2030 first-round pick swap, and a 2033 second-round pick.

Antetokounmpo is averaging 27.7 points, 12.6 rebounds, and 5.2 assists per game while shooting 56.7% from the field across 11 appearances this season. He and the Heat currently hold a 5-6 record and sit in 8th place in the Eastern Conference following their recent 115-109 road win over the Utah Jazz

Thank you for reading us! Help us even more.

If you like our content, please click here and add us as your preferred source. It helps us a lot, and we are committed to delivering you the very latest basketball news.