AX Armani Exchange Milan and Shavon Shields reached an agreement to extend the player’s contract until 2023.
“I’m happy and thankful for the opportunity to continue with Armani Exchange for two more years. Insieme!”, Shavon Shields said.
“We knew that Shavon Shields was the right player and person for our team, and one year later, we can say that the facts matched our expectations, so we are glad to be able to announce, before the original contract expiration date, that Shavon will continue to be part of our team,” added Armani Exchange's general manager Christos Stavropoulos.
In his first season in Milan, Shields helped Armani Exchange win the Supercup by averaging 10.3 points per game, he then helped the team win the Italian Cup too.
Against Bayern Munich, he made the winning three-pointer with nine seconds left in overtime. He set his new career-high of 34 points when Armani Exchange defeated Bayern in Game 5 of the Turkish Airlines EuroLeague playoffs.
Shields also had 41 of index rating, another personal best, like the 11 free throws made in that game. He was eventually named the EuroLeague MVP of the week.
Shields finished the season averaging 13.8 points per game, 4.0 rebounds, and shot 43.2 percent from three. He was also named to the All-EuroLeague second team. In the Italian league, ha set his personal best of points (35), three-pointers (seven), and index rating (37).
 | AX Armani Exchange Milan | |
| Position | Player | Status |
| PG | Sergio Rodriguez | Signed until 2022 |
| PG | Malcolm Delaney | Signed until 2022 |
| SG | Jerian Grant (story) | Signed until 2023 |
| SG | Devon Hall | Signed until 2023 |
| SG | Davide Moretti | Signed until 2025 |
| SG | Troy Daniels (story) | Signed until 2022 |
| SF | Shavon Shields (story) | Signed until 2023 |
| SF | Riccardo Moraschini | Signed until 2022 |
| SF | Davide Alviti | Signed until 2024 |
| PF | Giampaolo Ricci (story) | Signed until 2023 |
| PF | Luigi Datome | Signed until 2023 |
| PF | Dinos Mitoglou | Signed until 2024 |
| PF | Nicolo Melli (story) | Signed until 2024 |
| C | Kaleb Tarczewski | Signed until 2023 |
| C | Kyle Hines | Signed until 2022 |
| C | Paul Biligha | Signed until 2022 |
| Coach | Ettore Messina | |
| Expired contract | Kevin Punter (story), Michael Roll, Vladimir Micov, Jeff Brooks, Andrea Cinciarini (not coming back), Jeremy Evans | |
| Rumored to leave | Zach LeDay (not coming back), Pau Bligha, Davide Moretti | |
| Interested | ||
