Milwaukee Bucks co-owner and governor Marc Lasry, meeting with Bucks forward Giannis Antetokounmpo last Friday, told the reigning NBA MVP that the franchise is willing to spend into the luxury tax to deliver him a championship supporting cast.
According to ESPN, the Bucks’ payroll will be close to the proposed $132.7 million luxury-tax threshold for 2020-21.
Lasry assured Antetokounmpo and his agent, Alex Saratsis, that they would make some personnel upgrades that could be available to the franchise in the offseason. Antetokounmpo left for vacation but is expected to meet with Lasry upon his return.
Antetokounmpo will have to decide whether he will sign an extension with the Bucks or enter the 2020-21 season in the final year of his contract and eligible for free agency in 2021.
The Bucks will offer Antetokounmpo a supermax deal that will pay him somewhere just short of $250 million over five [Read more…]