Extension Talks Underway Between Bucks, Parker

While agent Mark Bartelstein isn’t commenting on the specifics, he acknowledged to Gery Woelfel of The Racine Journal Times that he has been in contact with the Bucks to begin negotiating a possible contract extension for client Jabari Parker.

“We have had discussions; there has been dialogue,” Bartelstein said. “It’s been a positive dialogue. But that’s all I can say at this time.”

Parker continues to recover from a second ACL tear and likely won’t be back on the court for the Bucks until 2018, though the club is confident he’ll make a full recovery from his knee injury. Multiple sources who spoke to Woelfel believe that the young forward will be looking for a contract similar to the one he would’ve sought if not for the injury — a five-year, maximum salary extension. According to Woelfel, Parker and Bartelstein declined to comment themselves on specifics, but “those familiar with both individuals insist [they] won’t settle for anything less than a max contract.”

[RELATED: Extension Candidate: Jabari Parker]

If that’s the case, an extension before the October 16 deadline seems very unlikely for Parker. Steve Kyler of Basketball Insiders recently reported that the Bucks are open to getting something done with the 22-year-old. However, Milwaukee is expected to seek team-friendly terms, given the current state of Parker’s knee.

Additionally, it’s worth noting that Giannis Antetokounmpo accepted less than the maximum salary a year ago, inking a four-year, $100MM extension that will go into effect this season. With Antetokounmpo on the books at that price, a max deal for Parker – which figures to be worth in the neighborhood of $150MM over five years – would be a tough sell. As Woefel observes, Bartelstein has a reputation for getting his clients top dollar, but I can’t see the Bucks going that high.

If the Bucks aren’t willing to meet Parker’s asking price this fall, he’d be eligible for restricted free agency in 2018, at which point he’d have three options: Working out a long-term deal with the Bucks, signing an offer sheet with another club (which the Bucks could match), or signing his one-year qualifying offer and reaching unrestricted free agency in 2019.

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