As Charania reported, the extension is worth $160 million in total, but that includes roughly $25 million in bonuses. According to a league source, $4.1 million of those bonuses are deemed likely, while $20.9 million of the bonuses are deemed unlikely. As covered in a breakdown of Holiday’s previous contract in our Bucks trade deadline primer, “unlikely bonuses” are negotiated incentives for hitting team goals or individual benchmarks the player did not achieve the previous season. When taking the non-guaranteed money off the total, the guaranteed salary in the contract counts for roughly $135 million through the 2024-25 season (with a player option in the fourth and final season).
Yossi Gozlan: Jrue Holiday’s maximum allowable extension base amount is four years, $134.9M with a $30.1M base salary replacing his $26.8M player option for 2021-22. He can earn more through incentives since his annual base salary is well below his maximum allowable salary (35% of cap).
Guard Jrue Holiday and the Milwaukee Bucks have agreed to a four-year maximum contract extension worth up to $160 million, his agent, Jason Glushon of Glushon Sports Management, told The Athletic. Since his trade to the Bucks in November, Holiday familiarized himself with the roster, coaching staff and front office in Milwaukee and wanted to commit toward years of competing for championships. The 30-year-old is third on the Bucks with 17 points and 5.4 assists per game and is second in the NBA with 1.8 steals per game.
Now, entering the final year of his contract, the executives polled agree that Holiday has all the leverage going into any extension negotiations this season and heading into the offseason if he becomes a free agent. “Jrue will get a max extension now,” as one of the Eastern Conference executives told HoopsHype. “Other teams could also be more aggressive going after Harden now.”
According to Windhorst, when the Pelicans were discussing trades for Jrue Holiday, gauging Holiday’s interest in a longer-team stay with potential trade partners was part of that process. While nothing has been agreed to yet, Windhorst gets the sense that Holiday is open to an extension (or eventually re-signing in free agency) with the Bucks.
Bobby Marks: Jrue Holiday has two years left- $25.9M and $26.8M. The second year is a player option. If the trade occurs on Tuesday, Holiday would be eligible to sign a four-year $135M (starting in 2021-22) extension on Feb. 13.
May 8, 2021 | 4:25 am EDT Update
J. Michael: Just talked with a 4th league source on this w/direct knowledge: This is the first time TJ Warren has been featured as a main option on a team, will be paid like it, likes the smaller market and the plans for him regardless of the coach. He doesn’t want to go anywhere
During an appearance on ESPN’s NBA Countdown ahead of the Bulls hosting the Boston Celtics, Wojnarowski suggested Lonzo Ball of the New Orleans Pelicans and Dennis Schroder of the Los Angeles Lakers as two potential targets. “Point guard is going to be at a premium for them,” Wojarnowski said.
Dane Moore: Karl-Anthony Towns was asked postgame about his exchange with Jimmy Butler, and Anthony Edwards stepped in to take the answer “Man, they grown men, dog. They just be talkin, havin a regular conversation, if you ask me… It’s no competition if we not talkin shit to each other.” pic.twitter.com/gDEP0hjbVZ
Chris Hine: Ant refuted my question earlier when I said the Wolves were getting a little emotional in the 3rd Q. @JaceFrederick followed up with “Who was getting emotional then, Ant?” Ant: “The zebras.”
Not having the support or revenue of sell-out crowds at Scotiabank Arena in Toronto surely made that decision easier. To little surprise, there are players on the team and people within the organization who have been counting down the days until they can pack their bags, take their families and get out of Tampa on the morning of May 17, per sources. It’s hard to blame them, all things considered.