RJ Barrett's new deal with Knicks includes $13M in unlikely bonuses

RJ Barrett signed a four-year, $107M contract extension with the New York Knicks, with $13M in unlikely bonuses. He’ll make $23.88M in 2023-24, $25.79M in 2024-25, $27.71M in 2025-26 and $29.62M in 2026-27.
Source: Alberto De Roa @ HoopsHype

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More on this storyline

Members of the Knicks felt they didn’t get a fair shake from the Jazz in their trade negotiations for Donovan Mitchell, a pursuit that ended Thursday with the guard’s shocking deal to the Cavaliers. The Knicks weren’t given an opportunity for a counterproposal after the Cavs and Jazz agreed to swap Mitchell for three players, three first-round picks and two pick swaps, according to ESPN. -via New York Daily News / September 5, 2022
The Knicks, according to sources, feel like their proposals [for Donovan Mitchell] with RJ Barrett as the centerpiece with multiple first-round picks were better than the Cavs’ final offer, which is up to interpretation. Only Ainge knows if he negotiated in good faith. He’d never admit it if he didn’t. -via New York Daily News / September 5, 2022
The Knicks, despite their troublesome recent past, have compiled a group of strong young talent, including Immanuel Quickley, Quentin Grimes, Mitchell Robinson, and RJ Barrett. The Knicks were reluctant to give up Grimes and Barrett, and then set a Monday deadline for the Jazz before they agreed to a four-year, $120 million extension with Barrett. -via Boston Globe / September 4, 2022

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