new york knicks guard RJ Barrett His agents, BDA Sports and WME Sports’ Bill Duffy, told ESPN on Monday. Donovan Mitchell.
Barrett’s deal makes him the youngest $100 million player in Knicks history At 22, Mitchell’s weeks-long trade negotiations between New York and Utah have ended, with the two organizations choosing If the two sides are forced to redo the negotiations. Now that Barrett’s contract includes a Poison his pill clause, the considerations are significantly different.
New York basketball operations president Leon Rose set a deadline for reaching an agreement with the state of Utah on Monday night to trade Mitchell, sources said.
Jazz and Knicks trade talks intensified, narrowing the gap in trading points, including Barrett, included in the package over the weekend into Monday, but a wide gulf remained to reach a Mitchell trade, sources say. rice field. With the Knicks and Jazz exhausting their arguments Monday night, Rose and Duffy finalized extensions eligible for players outside the 2019 NBA Draft class.
Barrett’s deal is the franchise’s first draft pick to agree to a multi-year contract extension since his rookie deal with Charlie Ward in 1999, according to ESPN Stats & Information research.
Barrett was averaging 20 points, 5.8 rebounds and 3 assists with the Knicks a season ago. He was the 3rd overall pick by Duke in his 2019 draft and was the runner-up to New Orleans. Zion Williamson and in Memphis Ja Morant.
Barrett joins Kobe Bryant as one of only five players in NBA history to reach 3,000 points, 1,000 rebounds and 200 3-pointers before his 22nd birthday. Luka Doncic, Kevin Durant When lebron james.
Sources say the Knicks had included Barrett in their trade proposal to Mitchell, so the process of completing the extension continued for several more weeks. hurdles remained. Quentin Grimesaccording to sources.
Nonetheless, the Jazz value Barrett very highly as part of Mitchell’s deal with New York, and a deal without him would mean giving up far more draft assets than the Knicks were willing to do. will be required, the sources said.
Once the Knicks committed to Barrett’s extension, management resigned to the fact that the road to an offseason contract to acquire Mitchell would be much more difficult. He has not ruled out the possibility of resuming negotiations before training camp begins later this month.
The two sides have been discussing trades on and off since early July. Of his 179 players in NBA history who have been offered poison pills, only his 2008 Devin Harris has moved.
For trade purposes, the poison pill is calculated with a formula that makes the Knicks’ salary for Barrett’s trade $10.9 million, while the team that acquired him should have a salary of $26.2 million. This restriction will be lifted on his July 1st next offseason.
For Barrett to be included in the trade to the Jazz, the Knicks will need to find a third team with space in the salary cap to redirect. Evan Fournier‘s $37 million deal.
Sources say the Jazz aren’t currently serious about signing Mitchell, making it a real possibility that he’ll still be on the roster when training camp starts.
Jazz promise to start rebuilding after trading All-Star center Rudy Gobert In July, he was traded to the Minnesota Timberwolves with five first-round picks. The 25-year-old Mitchell, a three-time All-Star and native of New York, will soon become the best player in the franchise.
ESPN Front Office Insider Bobby Marks contributed to this report.
