If Irving opts out, he would be eligible for a four-year, $189.7 million extension or even a five-year, $245.6 million deal, with only the Nets able to offer him the fifth year. If he picks up his option, he could ink extensions of either three or four years, picking up in 2023-24, but that would require leaving more than $5 million on the table next season. The Nets should be expected to try to protect themselves, either with a shorter deal or baked-in incentives. Irving’s current four-year, $136 million deal contains a total of $4.3 million in incentives, per Spotrac, with $3 million of that so-called “unlikely bonuses.”
June 28, 2022 | 3:09 am EDT Update
Jake Fischer on Jalen Brunson: From everything I’ve heard, it really does sound like things have shifted, and he is more more likely than not to become a member of the Knicks as opposed to the Dallas Mavericks.
“Kevin Durant was very loyal to Kyrie Irving through this process… So the expectation right now is that Kevin Durant & Kyrie Irving will move forward for the Nets on this roster this year.” 🗣️ Adrian Wojnarowski
Nets Daily: Woj on KD: “Kevin Durant now has what he wants, which was Kyrie Irving back on the Nets season, so the expectation is that right now, Kevin Durant and Kyrie Irving will move forward … but Kevin Durant hasn’t talked yet. has not expressed that publicly. We’ll wait and see.”
Adrian Wojnarowski: Irving has until Wednesday at 5 PM to file the paperwork on his opt-in. The Nets can still move Irving as an expiring contract, but the opt-in means he’s no longer eligible to get the immediate long-term deal he wanted as part of a sign-and-trade.
Speaking via ESPN, Windhorst said Monday: “Let’s take a look at Miles Bridges. He’s not being offered, from what I’m told, a max contract from the Charlotte Hornets right now. So, he’s going to go out into the market place, starting on Thursday or Friday, and see if he can get that offer from somewhere else.”
The Athletic conducted a poll, asking 16 officials in NBA front offices what they would deem a fair number for Barrett in an extension this summer or fall. Responses ranged from $15 million to $30 million a year. No one advocated for the Knicks to give him the max. Exactly half of the responses were a nice, clean four years, $100 million, making it by far the most common proposal from the polled executives.