RJ Barrett

Knicks Agree To Extend RJ Barrett, Complicating Donovan Mitchell Talks

The Knicks and forward RJ Barrett are finalizing a four-year rookie scale contract extension that could be worth up to $120MM, agent Bill Duffy tells Adrian Wojnarowski of ESPN.

The exact base value of Barrett’s new deal isn’t yet known, but Ian Begley of SNY.tv reports (via Twitter) that there are bonuses tied to All-Star, All-NBA, and All-Defensive selections. In other words, it sounds like the former No. 3 overall pick would have to play at a very high level to earn the full $120MM.

A former star at Duke, Barrett has steadily increased his scoring average in his three NBA seasons with the Knicks, registering a career-high 20.0 PPG in 70 games (34.5 MPG) in 2021/22. He also contributed 5.8 RPG and 3.0 APG while shooting .408/.342/.714 last season. Those shooting marks were a step down from his career bests in ’20/21 (.441/.401/.746).

According to Wojnarowski, the Barrett extension will complicate the Knicks’ discussions with the Jazz about a potential Donovan Mitchell trade. Sources tell ESPN that those talks intensified over the weekend as the two teams made some progress, but there was still a gap between what each side was willing to do.

Knicks president of basketball operations Leon Rose set a Monday night deadline to either agree to a deal for Mitchell or commit to an extension for Barrett, per Wojnarowski, who notes that the “poison pill provision” will now almost certainly ensure that the former Blue Devil won’t be part of a package for Mitchell.

As we outline in our glossary entry, a player who signs a rookie scale extension but remains on his rookie contract has different outgoing and incoming salary-matching figures, which is referred to as a “poison pill” — in Barrett’s case, the gap between his outgoing and incoming figures will exceed $15MM, according to Wojnarowski. That would make it extremely challenging for both the Knicks and Jazz to send out and take back a legal amount of salary if Barrett is part of a package for Mitchell.

As Wojnarowski explains, Barrett was a “staple” in several of the proposals for Mitchell that the Jazz and Knicks discussed, with Utah highly valuing the 22-year-old. While New York had apparently been willing to include Barrett, the two teams were still at an impasse over the possible inclusion of Quentin Grimes and the number of unprotected first-round picks in the package, per ESPN.

It remains possible that the Knicks and Jazz will agree to a deal that doesn’t include Barrett, but that would require the Knicks to give up “far more” draft assets than they’ve been willing to surrender thus far, sources tell Wojnarowski.

For now, the two teams are backing off those trade talks, but the Jazz aren’t engaged in serious discussions with any other suitors about Mitchell, so neither they nor the Knicks have ruled out the possibility of resuming their talks before training camps begin in four weeks.

As Wojnarowski notes, Barrett’s extension will end an ignominious streak for the Knicks, as he’ll become the team’s first first-round pick since Charlie Ward in 1999 to sign a multiyear contract extension following his rookie deal.

Barrett will also become the fifth player to finalize a rookie scale extension this offseason. While his deal won’t be worth as much as the maximum-salary extensions signed by Ja Morant, Zion Williamson, and Darius Garland, it will exceed Keldon Johnson‘s four-year, $74MM contract.

Assuming Barrett’s new extension doesn’t include any options, it will keep him under team control through the 2026/27 season.

Knicks Notes: Barrett, Fournier, Mitchell, Pitino

While it’s clear they’re seeking several first-round picks in exchange for Donovan Mitchell, there have been conflicting reports over which Knicks players the Jazz would prefer in such a deal.

According to SNY TV’s Ian Begley, Utah continues to have strong interest in Knicks wing RJ BarrettEvan Fournier’s name has also come up in discussions — his contract would certainly facilitate a deal from salary-matching purposes.

The Jazz would also want at least one of the trio of Obi ToppinQuentin Grimes and Immanuel Quickley, Begley adds.

The Knicks have softened their stance on potentially dealing Barrett, with some of their decision makers willing to part with Barrett in a Mitchell deal, according to Begley’s sources. However, there are several voices of influence in the organization, Begley notes, so it’s no certainty they’d actually give up Barrett.

We have more on the Knicks:

  • Rick Pitino, who coached them in the late ’80s and currently coaches at Iona, said that Mitchell would “love” to wear a Knicks uniform, according to Marc Berman of the New York Post. “Donovan loves the Knicks,’’ Pitino said. “Donovan loves being around his mom, sister and dad. Donovan would treasure being a Knick. That being said, things have to work out. I’m hoping, keeping my fingers crossed that he becomes a Knick. It would be very special for me as a coach seeing him in a Knick uniform as an ex-Knick coach.”
  • Barrett is a member of Team Canada, but he won’t play in the World Cup qualifying game against Argentina this week, Stefan Bondy of the New York Daily News tweets. He’s reluctant to risk taking the court with a potential financial windfall looming. Barrett is eligible for a rookie scale extension this offseason.
  • For more info on Mitchell trade talks, click here.

Knicks Still Cautious About Dealing Draft Assets For Donovan Mitchell

The Knicks and Jazz recently renewed trade talks regarding Donovan Mitchell, but New York remains cautious about parting with a huge number of future assets to acquire the All-Star guard, writes Marc Berman of The New York Post.

Multiple sources tell Berman that the Knicks recoiled from the original demands by Utah team president Danny Ainge, who asked for seven first-round picks in addition to young players on controllable contracts. Talks remained dormant for a while, but the teams have re-engaged each other.

According to Berman, New York’s front office believes adding Mitchell would improve the team by about 10 wins, taking it to the 47-victory level. The concern is that there would be no way to improve beyond that if the franchise gives up a significant number of its draft assets.

“Getting from 47 wins to 57 wins, that’s harder than 37 to 47,’’ a coaching source told Berman.

Berman notes that the Knicks traded this year’s first-round pick to clear cap room to add free agent guard Jalen Brunson, and the team could be in danger of losing another selection if the NBA determines that tampering occurred in the Brunson signing.

Coach Tom Thibodeau is strongly interested in adding Mitchell, Berman adds, but he’s staying out of the spotlight while the process plays out. Berman cites a belief around the league that Thibodeau would prefer to part with RJ Barrett in a Mitchell trade rather than give up second-year guard Quentin Grimes, who’s a better defender and long-distance shooter. Berman hears that Ainge is “hot to acquire” Grimes for Utah’s rebuilding project, and Berman’s source says Grimes wouldn’t be opposed to leaving instead of having no chance to start behind a Brunson-Mitchell backcourt.

Barrett, who averaged 20.0 PPG last season, is eligible for a rookie scale extension until October 17.

Atlantic Notes: Brunson, Grimes, Brown, Williams, Maxey

Who’s the best backcourt partner for Jalen Brunson on the current Knicks roster? According to analytics expert Joseph Gill in an interview with SNY TV’s Ian Begley, Quentin Grimes is the best fit alongside the high-priced free agent acquisition. Grimes is a legitimate threat to space the floor and he doesn’t turn the ball over very often. That makes him a better pairing with Brunson’s skill set than Evan Fournier, RJ Barrett or Immanuel Quickley, in Gill’s estimation.

We have more from the Atlantic Division:

  • What would a Jaylen Brown extension look like? Keith Smith takes a deep dive into that subject in a Spotrac article. With two years left on his current contract, the Celtics wing is eligible to sign a three-year deal this offseason. He could wait until after next season and sign a Designated Veteran Extension or after the 2023/24 season and ink a Designated Veteran contract if he meets certain criteria. He could also sign with Boston or another team as a free agent in 2024.
  • Grant Williams has communicated with Brown regarding the trade rumors involving the Nets and Kevin Durant and says Brown is handling it well, Matt John of Heavy.com relays. “I feel like JB is mature in his mindset, and he knows that. I talk to him, texted him, reach out of as often as I can,” Williams said. “It’s one of those things. It’s the league. It’s a business. It’s one of those things that you can’t be discouraged by because we love JB. It also shows how valuable he is.”
  • Developing even greater offensive chemistry with Joel Embiid and getting selected to the All-Star team would be aspects of a best-case scenario for Sixers guard Tyrese Maxey in 2022/23, Kyle Neubeck of Phillyvoice.com writes. Not living up to increased expectations would be part of a worst-case scenario for Maxey next season.

Trade Rumors: Mitchell, Barrett, Collins, Heat, Stalled Market

Appearing on The Rally (video link), Shams Charania of The Athletic reports that trade talks between the Jazz and Knicks centered on Donovan Mitchell have “stalled out” and the two teams haven’t had contact for about two weeks.

According to Charania, Utah is continuing to discuss moving Mitchell, just not with New York. The Jazz have engaged with the Hornets and Wizards recently, Charania adds, but it doesn’t sound like a potential deal is imminent with either of those clubs.

As Charania observes, many around the league still peg the Knicks as the favorites to land the three-time All-Star guard due to their combination of draft capital and young players. However, with the caveat that things can change at any time, it appears as though nothing is happening on that front right now.

Here are a few more trade rumors from around the NBA:

  • On his Please Don’t Aggregate This podcast (hat tip to HoopsHype), Jake Fischer of Bleacher Report said he continues to hear that the Jazz don’t have much interest in trading for — and paying — Knicks wing RJ Barrett as part of a Mitchell package. Barrett is eligible for a rookie scale extension up until the start of the 2022/23 regular season, and if he’s unable to come to terms on an extension, he’d be a restricted free agent in 2023.
  • Ian Begley of SNY.tv pushes back on the notion that the Jazz aren’t interested in Barrett, noting his report earlier this month that Utah actually initiated talks with New York with Barrett as part of the return package. Sources tell Begley the Jazz were trying to project what Barrett’s extension value might be at the time of those early discussions, which is only natural. It’s worth pointing out that these two reports aren’t mutually exclusive — the Jazz may indeed have interest in Barrett, but perhaps got a sense of what he’s looking for in an extension and then decided they didn’t want to pay him a large contract in the future. For what it’s worth, Begley says he would refuse to put Barrett in a possible Mitchell deal if he were the Knicks, as he believes that he’s worth more than extra first-round picks.
  • On the latest Lowe Post podcast, ESPN’s Zach Lowe said he doesn’t believe the Heat ever seriously pursued Hawks big man John Collins, but wonders if they might revisit that possibility before the season starts. “There has been some Miami, John Collins chatter,” Lowe said, per RealGM. “It’s old. It might be months old. I don’t think it was ever really serious at all. They might revisit that.”
  • Fred Katz of The Athletic suggests that the return the Jazz received from the Timberwolves for Rudy Gobert may have stalled the trade market for stars like Mitchell and Kevin Durant. According to Katz, the Jazz are seeking a bigger package for Mitchell than they received for Gobert, and the Nets are certainly looking for a massive haul for Durant. That might be having a trickle-down effect not only on the teams that are interested in the two stars, but other teams who could be looking to make lesser deals, Katz writes.

Fischer’s Latest: Durant, Warriors, Heat, Barrett, Herro, Suns

Although some reports have mentioned the Warriors as a possible suitor for Nets star Kevin Durant, Golden State doesn’t appear to have made “serious overtures” for the two-time Finals MVP, according to Jake Fischer of Bleacher Report. While Fischer hints that the two teams have at least talked, he says little traction has been generated.

The Heat, meanwhile, continue to focus on acquiring either Durant or Jazz guard Donovan Mitchell before moving on to other business. Multiple sources with knowledge of the situation tell Fischer that Miami is prioritizing Durant over Mitchell.

Here’s more from Fischer:

  • Knicks personnel have projected confidence that they’ll be able to acquire Mitchell without including RJ Barrett in their offer, according to Fischer, who hears from sources that the Jazz may not be eager to give Barrett a lucrative long-term extension anyway.
  • While both Barrett and Tyler Herro are considered candidates for maximum-salary rookie scale extensions, Fischer says NBA executives believe the Heat guard is a better bet than the Knicks forward to sign a new deal this offseason (rather than in 2023 free agency). “They always seem to pay their guys,” one assistant GM said of the Heat.
  • According to Fischer, league personnel continue to classify Suns forwards Jae Crowder and Dario Saric as potential trade candidates. Both players are on expiring contracts for a Phoenix club whose team salary is now well above the tax line.

Jazz In No Rush To Move Mitchell, Expected To Reengage With Knicks

After engaging in trade talks with the Knicks about Donovan Mitchell last week, the Jazz aren’t in any rush to make a deal before further gauging his value around the NBA, ESPN’s Adrian Wojnarowski said on Monday during an appearance on Get Up (video link).

“I think for the Jazz, they go out now around the league and see what else is out there for Donovan Mitchell, get a sense of what the market is, what teams are willing to do,” Wojnarowski said. “And I do think the Knicks and the Jazz will reengage at some point. Maybe it’s this week, maybe it’s next week, maybe it’s in two or three weeks. But the Jazz are not going to necessarily move quickly.”

As Wojnarowski observes, Utah’s Rudy Gobert trade discussions played out over multiple weeks – or even months – before the Jazz received an offer they couldn’t refuse from Minnesota. Although the Knicks are motivated to land Mitchell, according to Woj, they also don’t want to “just give up everything” to land him.

“Utah and New York talked last week, and I think the Jazz got a sense of what New York might be willing to do,” Wojnarowski said. “It’s not just one particular deal — I think there’s options. It’s almost like a sliding scale. The more players you put in a deal, the less draft picks you want to give up. The more draft assets you put in a deal, you want to put less players in. If you’re the Jazz, ‘I want the players and I want the picks,’ so that’s where it starts.”

Here’s more on Mitchell:

  • Wojnarowski said during his Get Up appearance that the Jazz are significantly more interested in the Knicks’ own first-round picks than the ones New York can offer from other teams. “People talk about (the Knicks being able to trade) seven or eight (first-round) picks. A lot of those picks are conditional, protected picks that are coming from places like Detroit and Washington,” Wojnarowski said. “The Jazz certainly don’t value those the way they do New York’s unprotected picks.”
  • During early discussions between the Jazz and Knicks, Utah asked about a package that would’ve included RJ Barrett, Mitchell Robinson, other players, and at least three first-round picks, reports Ian Begley of SNY.tv. Robinson has since come off the table after officially re-signing with New York, but it’s a moot point — the Knicks felt Utah’s asking price was too high and wouldn’t have met it anyway, Begley writes, adding that he believes the Knicks have the draft capital necessary to get a Mitchell deal done without including Barrett.
  • Some members of the Knicks’ organization still felt the Jazz’s asking price was too high during the more recent talks between two teams, Begley writes. Those Knicks executives felt as if they had made competitive offers and wanted to leave it at that, rather than continuing to sweeten the pot for Utah.

Jazz Reportedly Asking Knicks For Three Players, Six First-Rounders In Mitchell Talks

The Knicks are pursuing a trade for Donovan Mitchell, but they’re balking at Utah’s current asking price, Tony Jones of The Athletic said in an interview with ESPN 700 in Salt Lake City (hat tip to Real GM).

According to Jones, the Jazz want Quentin Grimes, Immanuel Quickley and Obi Toppin in the deal, along with six future first-round picks. Jones said New York “backed away” from that proposal.

The Knicks have been stockpiling assets in hopes of landing a major star and currently own 11 first-round selections over the next seven years. They can part with up to eight of those first-rounders in a trade, notes Steve Popper of Newsday, but he wonders how many the organization would be willing to surrender, especially if it’s also giving up young talent.

Andy Larsen of The Salt Lake Tribune confirms that the Jazz are seeking a large return of draft assets from New York, along with players on rookie contracts, and he identifies Grimes as “perhaps the lead target” among players who could be included in the deal. Larsen adds that the Knicks don’t want to give away that much of their future, but they made a “significant” counter to Utah’s offer.

Multiple sources tell Larsen that RJ Barrett, the third pick in the 2019 draft, wasn’t part of the trade talks. Barrett is eligible for an extension to his rookie contract this offseason, and Utah isn’t eager to take on that expense.

The Jazz would have to take back at least one sizeable contract from New York to match Mitchell’s $30.35MM salary for next season. That probably won’t be Julius Randle ($23.76MM in 2022/23), according to one of Larsen’s sources, who says that Evan Fournier ($18MM) or Derrick Rose ($14.52MM) is more likely to be included.

Donovan Mitchell Rumors: Picks, Knicks, Barrett, Nets

Teams monitoring the Donovan Mitchell situation believe Utah is looking for a package headlined by draft picks in exchange for the star guard, according to Ian Begley of SNY.tv.

Those same teams say the Jazz are looking for deal similar in scope to what they received for Rudy Gobert, which was unprotected first-round picks in 2023, 2025, and 2027, along with a top-five protected 2029 first-round pick and the right to swap first-rounders in 2026. Utah also received Minnesota’s 2022 first-rounder, Walker Kessler, as well as Malik Beasley, Patrick Beverley, Jarred Vanderbilt, and Leandro Bolmaro.

As Begley observes, the Knicks have the capability to meet the Jazz’s first-round pick criteria, which might give them a leg up over other suitors like the Heat.

Having said that, the Knicks are leery of trading away the kind of compensation Utah got for Gobert because they believe they wouldn’t have a good enough roster remaining to be a contender. Including RJ Barrett might be a non-starter for New York, as the Knicks have no interest in dealing the 22-year-old wing, Begley reports.

It’s unclear if Utah would even be interested in Barrett, considering he’s eligible for a rookie scale extension and could be in line for a large payday. Jake Fischer of Bleacher Report said at the end of June that there was “mutual interest” between the Knicks and Barrett in coming to terms on an extension, and Begley reiterates that the two sides are “optimistic” about a deal coming together.

According to Begley, the Nets also have interest in Mitchell, but the designated rookie rule complicates matters, because they already have Ben Simmons.

In his examination of where Mitchell might land, Kevin O’Connor of The Ringer believes that sending Simmons and picks to Utah might appeal to the Jazz. However, the Nets would be wise to stand pat on the trio of Kevin Durant, Kyrie Irving and Simmons if they want to contend, because that is their best pathway to a title, O’Connor says.

Knicks Notes: Mitchell, Barrett, Brunson, Hartenstein, Robinson

The Knicks don’t view their newly announced signing of Jalen Brunson as an impediment to a potential pursuit of Jazz guard Donovan Mitchell, writes Jake Fischer of Bleacher Report. As Fischer explains, the team believes that the addition of Brunson is a “key ingredient” in its plan of adding a legitimate All-Star to the roster, since the former Maverick is the sort of table-setter and secondary scorer whom a star would want to play alongside.

While the Knicks have stockpiled a number of extra future draft picks, it remains to be seen whether or not they’ll be able to put together the sort of trade package the Jazz can’t refuse for Mitchell. As Mike Vaccaro of The New York Post writes, Utah would almost certainly push for New York to include former No. 3 overall pick RJ Barrett, who has All-Star upside.

Vaccaro argues that the Knicks should be willing to give up Barrett for a player like Mitchell, who is already an All-Star, but it’s unclear how significantly the Jazz value the former Duke standout, how inclined New York is to include him an offer, and how many more assets Utah would want in addition to Barrett.

Here’s more on the Knicks:

  • Brunson’s four-year, $104MM deal with the Knicks has a descending structure, beginning at $27.7MM in year one and eventually dipping to $24.9MM in years three and four, per Fred Katz of The Athletic (Twitter link). Brunson also got a 10% trade kicker to go along with his fourth-player option, a source tells Katz.
  • Isaiah Hartenstein has $16MM in guaranteed money on his two-year contract with the Knicks, along with a 5% trade kicker and $1.05MM in annual unlikely incentives, according to Katz (Twitter links). Hartenstein has three separate bonuses worth $350K apiece for playing at least 1,350 regular season minutes, the Knicks winning at least 40 games, and the Knicks making the playoffs, Katz adds.
  • Like Brunson’s new contract, Mitchell Robinson‘s four-year, $60MM pact has a descending structure, according to Katz (Twitter link). The deal, which doesn’t feature any options or a trade kicker, begins at $17MM in 2022/23 and decreases to $13MM in ’25/26.