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RJ Barrett, Knicks Close In On Extension

And Barrett is about to be much, much wealthier

NBA: Brooklyn Nets at New York Knicks
Apr 6, 2022; New York, New York, USA; New York Knicks shooting guard RJ Barrett (9) dribbles the ball up the court against the Brooklyn Nets during the second half at Madison Square Garden.
Gregory Fisher-USA TODAY Sports

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.