Reigning NBA MVP Giannis Antetokounmpo of the Milwaukee Bucks, has indeed come a long way from its rather humble beginnings.
The Greek Freak is perhaps the most inspiring rags-to-riches story in NBA history. By hawking watches, sunglasses and bags on the streets of athens, Athens, Greece, and in his younger years, the 25-year-old gifted athlete, now has an estimated value of about $60 million by 2020, as per Celebrity Net Worth.
In view of the fact that he’s only in his 7th season as a professional, Careful wealth, it is not so amazing, just not compared to the likes of the more established superstars such as LeBron James, Stephen Curry, and Kevin Durant has been classified in the first, second, and third place in the national basketball association (NBA earnings, respectively).
That number is sure to increase exponentially in coming in 2021, when he will be eligible to sign a supermax should not have to be in new york or anywhere else. Per ESPN, Antetokounmpo has a chance to get the biggest contract in the league, if he opts to sign a veteran contract extension to stay in Wisconsin after the 2019-20 season.
The potential deal would allow the Fi to earn a starting salary up to the value of not more than 35% of the cap space. A contract for the next five years, an expansion of this magnitude is expected to be approximately $247 million. That is an insane amount of money that will last for many lifetimes.
As of the moment, Antetokounmpo is still on the tail end of a four-year, $100 million deal that he inked with the Milwaukee, wisconsin, in 2016. He earns an average salary of $25 million per year, while it is just $27,528,090 in the final year of the contract, in 2021.
Antetokounmpo has been too slow to build up an impressive portfolio of partnerships outside of the basketball court. The 6-foot-11 and Eu-star is one of Nike’s most popular ambassadors, and after the win, the shoe bidding war for his services in 2016.
He began with a modest $20,000 each year to pay for the sports giant, which was increased to a total of $9 million, to its emergence as one of the best players of this generation. The sales of the Nike Zoom Flip skyrocketed in 2019, which suggests that Nike’s $100 million extension that runs through the 2020-21 season, it was worth every penny.
His Nike contract expires, the right to be a free agency period, signaling a possible big is coming your way.
Giannis is a profitable co-operation with the audio equipment of the titan of the JBL. He joined the company in 2018, with the endorsement of their new lines of wireless headphones and earphone. His new found fame earned him a deal with Hulu, Decorations, Kronos Foods, as well as T-Mobile.
Antetokounmpo’s star power has translated into the commercials, such as the JBL, Real Wireless, Hulu Live Sportsand Subway, T-Mobile.
The four-time All-Star, is reported to have earned $20 million in endorsement deals is only in the 2019-2020 NBA season, at the top of the cool $25 million in the NBA the money. This amount will easily double in the next few years, as his stature and popularity continued to grow.
Giannis’ story just proves to show that hard work and a bit of luck really does pay off in the end. Antetokounmpo is on his way to the league, a poster boy for the next few seasons, and we can expect that there will be more wealth for themselves and their families. Certainly, it couldn’t have happened to a better, more deserving person.