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Knicks’ RJ Barrett contract extension could have significant consequence

The New York Knicks and RJ Barrett on Monday agreed to a big contract extension that could have some significant consequences. ESPN’s Adrian Wojnarowski shared the news about the Barrett contract. Barrett is getting a four-year, $120 million contract extension from the Knicks. According to Woj, the Barrett deal could end the Knicks’ pursuit of…

The post Knicks’ RJ Barrett contract extension could have significant consequence appeared first on Larry Brown Sports.

RJ Barrett in a Knicks uniform

Jan 10, 2022; New York, New York, USA; New York Knicks guard RJ Barrett (9) celebrates after making a basket against the San Antonio Spurs during the second half at Madison Square Garden. Mandatory Credit: Vincent Carchietta-USA TODAY Sports

The New York Knicks and RJ Barrett on Monday agreed to a big contract extension that could have some significant consequences.

ESPN’s Adrian Wojnarowski shared the news about the Barrett contract. Barrett is getting a four-year, $120 million contract extension from the Knicks.

According to Woj, the Barrett deal could end the Knicks’ pursuit of a trade for Donovan Mitchell.

Woj says the Knicks had imposed a Monday night deadline to get a Mitchell trade done or they would commit to the Barrett extension.

The rookie extension could complicate a Mitchell trade due to the “poison pill” circumstance. If the Knicks were to include Barrett in a trade to Utah after agreeing to the rookie extension, and before the extension takes effect, the accounting would be tougher for the Jazz. For the Knicks, only Barrett’s lower 2022-2023 salary would count against them in trade salary matching. But for a team acquiring Barrett, the forward’s 2022-2023 salary plus the average value of his extension would count against them. The uneven values makes it more complicated to trade a player who has agreed to a rookie extension before said extension takes effect.

Barrett was the No. 3 overall pick by the Knicks in 2019. The 22-year-old averaged 20.0 points and 5.8 rebounds per game last season.

The post Knicks’ RJ Barrett contract extension could have significant consequence appeared first on Larry Brown Sports.

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