In one of the most surprising twists of NBA free agency, sources confirm that Thanasis Antetokounmpo verbally agreed to a 5-year, $50 million deal—
only for the Dallas Mavericks to back out at the final hour.
The proposed deal, reportedly negotiated over several weeks, would have made Thanasis the highest-paid role player in recent franchise history and reunited him with fellow Greek star and younger brother Giannis Antetokounmpo—who has been long-rumored to be interested in a potential future move to Dallas.
💬 Deal Agreed—But Not Signed
According to league sources close to the situation, Thanasis’ camp believed the contract was finalized pending final review. However, just before the signing window opened, Mavericks ownership reportedly had second thoughts, citing “roster balance and long-term cap strategy” as reasons for stepping away.
“Thanasis was ready to board a flight to Dallas for the press conference,” one agent close to the Antetokounmpo camp said. “Everything was done—medicals, media, even jersey mockups. Then they pulled the plug.”
🤯 Why the Mavericks Walked Away
Mavericks GM Nico Harrison has not made a public comment, but multiple insiders suggest the sudden change in course was due to internal disagreements between the front office and coaching staff. There was concern over committing $50 million to a player who has averaged just 3.5 points per game over his career.
While Thanasis is highly respected for his energy, defensive effort, and locker room presence, some within the Mavericks organization reportedly questioned the size and length of the deal—especially with the team already stacked with forwards and amid ongoing luxury tax concerns.
🧃 Was This a Move for Giannis?
NBA circles have long speculated that any significant deal involving Thanasis might be part of a bigger strategy to eventually lure two-time MVP Giannis Antetokounmpo away from Milwaukee. This deal appeared to have reinforced those rumors.
“This was more than basketball,” said an Eastern Conference executive. “You get Thanasis, you start the conversation about Giannis. That’s how the league works.”
🔙 What’s Next for Thanasis?
With the Dallas deal now dead, Thanasis is back on the free-agent market. His agent said they’re exploring other offers and didn’t rule out a return to the Milwaukee Bucks.
Thanasis has spent most of his NBA career with Milwaukee, serving as a key bench piece and emotional leader during the team’s 2021 championship run. At 33 years old, he remains a respected veteran known for hustle plays, sideline energy, and strong team chemistry.
📉 Bottom Line:
Thanasis agreed to a 5-year, $50M deal.
Dallas Mavericks didn’t finalize the contract.
Motives may have extended beyond basketball, possibly connected to long-term interest in Giannis.
Thanasis is back in free agency and fielding new offers.
Stay tuned to ESPN for the latest on this developing story.
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