What are Giannis Antetokounmpo’s Net Worth and Salary?

Giannis Antetokounmpo is a professional basketball player with a net worth estimated at $70 million. The Milwaukee Bucks star pockets over $40 million annually as his salary. 

Giannis was counted among the world’s highest-paid athletes of 2020. It is estimated that he made a total of $80.9 million – $39.9 million in salary/winnings as a basketball player and $41 million from endorsement deals. The athlete has come a long way from the time his family was struggling to stay afloat in Greece. He and his siblings had to hawk in the streets of Athens to make money but all that have since become stories from the past.

What is Giannis Antetokounmpo’s Net Worth?

Giannis Antetokounmpo’s net worth has been estimated by multiple sources at $70 million. While this amount might not be a true reflection of the wealth he has acquired over the years, it is not hard to believe he is worth that much.

Since 2013, the Greek-Nigerian professional basketball player has been receiving millions of dollars annually as his salary for playing in the NBA. Moreso, he has been able to build a brand out of his name, thanks to the fame that followed his exploits in the NBA. This means that Giannis has not only pocketed millions from his in-court performances but also through other means. Disregarding his salary, he has made good money through endorsement deals and partnerships with other popular brands.

All things being equal, Giannis Antetokounmpo’s net worth is expected to rise in the years to come. This is so because his annual salary, based on his current contract with the Bucks, is projected to steadily increase until 2025, when he is expected to pocket nearly $52 million in salary alone. If you consider other sources of income, his net worth is projected to get closer to $100 million by 2025.

How Much is Giannis Antetokounmpo’s Salary?

Giannis Antetokounmpo’s salary in 2022 was over $42.4 million. This is the highest he has earned thus far since the beginning of his professional career with the Milwaukee Bucks. He reportedly earned over $39.3 million in 2021 and $27.5 million in 2020. The increase in his career earnings is a reflection of his five-year contract extension with the Bucks, which he signed in mid-December 2020.

His third contract with the side was said to be the largest in the league’s history. It was worth a massive $228.2 million, all of which was guaranteed. This increased his base salary for the 2022-23 season to over $42.9 million. For the 2023, 2024, and 2025 seasons, his salary is expected to increase further. He is projected to earn over $45.6 million, $48.7 million, and $51.9 million. Accordingly, the increase is bound to reflect on Giannis Antetokounmpo’s net worth.

A Breakdown of Giannis Antetokounmpo’s Salary from His Current Contract: 

  • 2021-22 – $39,344,900
  • 2022-23 – $42,492,492
  • 2023-24 – $45,640,084
  • 2024-25 – $48,787,676
  • 2025-26 – $51,935,268

He Made $100 Million from His First Contract Extention with the Bucks

In September 2016, several months after the power forward became the youngest Buck to record a triple-double, the team offered him his first contract extension. A four-year deal worth $100 million, the contract was a significant improvement from his rookie deal.

Below is a breakdown of Antetokounmpo’s salary from his first contract extension with the Bucks:

  • 2017-18 – $22,471,910
  • 2018-19 – $24,157,303
  • 2019-20 – $24,227,528
  • 2020-21 – $27,528,088

The Salaries from His Rookie Contract amounted to $8.6 Million

Giannis Antetokounmpo officially availed himself for the 2013 NBA draft in April 2013. He was projected to be picked in the first round, and this came to be when the Milwaukee Bucks selected him 15th overall. He didn’t sign his NBA rookie contract with the side until the end of July.

It was reported that he signed a four-year contract with the side but the amount involved was not disclosed. However, his earnings over the years that followed showed he made about $8.6 million in salary from his rookie contract.

Below is a breakdown of Giannis Antetokounmpo’s salary from his first NBA contract:

  • 2013-14 – $1,792,560
  • 2014-15 – $1,873,200
  • 2015-16 – $1,953,960
  • 2016-17 – $2,995,421

It is important to point out that the breakdown of his salaries, as captured above, does not include his earnings before he joined the NBA. Giannis first became a millionaire when he played in Europe.

He first played for the Filathlitikos in the third division of the Greek B Basket League in 2011. The following year, he landed a four-year contract with the CAI Zaragoza of Liga ACB. Details of what he made from these teams are unknown to the public.

Giannis Antetokounmpo Makes up to $41 Million from Endorsement Deals

Forbes estimates the NBA star made $41 million from endorsement deals in 2022. According to the business magazine, Giannis was one of the world’s highest-paid athletes in 2022. He reportedly made a total of $80.9 million, which means Giannis Antetokounmpo made more money from his endorsement deals compared to his earnings from playing basketball.

It is not hard to see why the Milwaukee Bucks player makes so much from endorsement deals. He is a six-time NBA All-Star who has been named to the All-NBA First Team four times. Giannis is also a two-time NBA Most Valuable Player, the NBA All-Star Game MVP of 2021, and the NBA Finals MVP of 2021; he also won the NBA championship that same year. All of these infer that he commands the interest of many, which can easily be directed to any brand he is associated with to drive sales.

His most lucrative endorsement deal currently is the one he has with Nike. His other endorsement partners include JBL, Hulu, Tissot, and 2K Sports.

Does Giannis Antetokounmpo Own Real Estate?

Giannis Antetokounmpo’s real estate portfolio is estimated to be worth $2.4 million. He owns a mansion in the upscale neighborhood of River Hills, Wisconsin. This is the only property the NBA star owns, according to public knowledge.

From what we gathered, the mansion’s value has appreciated over the years. Reports say he acquired the property for $1.8 million in 2018. This was two years after he signed his first contract extension worth $100 million with the Bucks.

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