RJ Barrett, Knicks Close In On Extension

And Barrett is about to be much, much wealthier

Former Blue Devil RJ Barrett is no doubt a happy guy today: he is about to sign a large - but not max - extension to remain with the New York Knicks.

Barrett’s four year deal is reportedly worth $120 million, which is $65 million less than a max contract. Nonetheless, it’s still a very healthy deal and, amazingly, it will be the first time they have signed a multi-year rookie extension since former Florida State point guard Charlie Ward did so near the end of the last century. That’s really an indictment of a mismanaged franchise. You wouldn’t see that with Miami, or Portland or San Antonio.

According to the New York Post, it also changes the parameters of a possible deal with the Utah Jazz for Donovan Mitchell.

Barrett’s name has continually been floated as part of any possible deal, along with draft picks. However, there is also a chance that a proposed deal will include the Lakers, who would like to acquire his Knicks teammate and fellow former Blue Devil Cam Reddish.

• NBA Rumors: New York Knicks will have to offer more draft capital for 3x All-Star as Utah’s coveted target RJ Barrett signs an extension
• Knicks: RJ Barrett extension no impact on trade for Donovan Mitchell
• RJ Barrett Deal May Kill Knicks Fans’ Hopes To Land Donovan Mitchell
• NBA Rumors: Insider reports New York Knicks can still land 3x All-Star despite no place for him to go at this time
• Knicks’ move with RJ Barrett adds Heat intrigue regarding Tyler Herro, Donovan Mitchell
• RJ Barrett finalizing extension with New York Knicks, complicating pursuit of Utah Jazz’s Donovan Mitchell
• A First Time In This Century For The New York Knicks