Bucks, Jrue Holiday agree to 4-year, $160 million extension
The Milwaukee Bucks and guard Jrue Holiday have reached a four-year, $135 million extension that includes bonuses that could take the deal to $160 million, agent Jason Glushon told ESPN's Adrian Wojnarowski on Sunday.
The deal includes a player option for the fourth year in 2024-25, according to Glushon.
"I'm a Buck for life," Holiday said in a video posted on the Bucks' Twitter account. "Just know that I'm glad to be a part of Bucks Nation. Let's do some big things, man. I'm really excited."
The move represents the latest step in the Bucks' heavy investment in their trio of Holiday, two-time reigning MVP Giannis Antetokounmpo and two-time All-Star Khris Middleton as the franchise chases its first NBA title since 1971.
"Jrue is one of the top guards in the NBA and we are thrilled to sign him to this extension," Bucks general manager Jon Horst said in a statement announcing the agreement. "Adding him to our team has made us better on both ends of the floor. He's an elite defender and an impactful offensive player with the ability to score, shoot and facilitate."
Holiday had a $26.7 million player option remaining for the 2021-22 season as part of the five-year, $126 million contract he signed with the New Orleans Pelicans in July 2017.
Under the terms of this deal, Holiday declines that option but will make more than $30 million next season, with his salary rising each year until his $37 million option for 2024-25.
"We are grateful for the time we've been able to spend learning about the Bucks organization, our team and the greater Milwaukee community," Holiday and his wife, Lauren Holiday, a former U.S. women's national team player, said in a statement. "We appreciate how Jon, Coach Bud and the entire staff, along with our teammates and fans, have supported us since the trade to Milwaukee. We have a special group that wants to put in the work and compete for a championship every year."
The Bucks' investment in Holiday, Antetokounmpo and Middleton -- even without incentives -- totals $105 million in 2021-22, $113 million in 2022-23 and would be $120 million in 2023-24 if Middleton exercises a player option for that season.
Holiday, 30, has only been with the Bucks since November. His previous team, the New Orleans Pelicans, sent him to Milwaukee as part of a four-team trade. The Bucks sent George Hill, Eric Bledsoe, the draft rights to 2020 first round pick R.J. Hampton, two first-round draft picks, and two pick swaps to various teams, which was quite a lot to give up for Holiday.
But Holiday hasn't disappointed. He's averaging 17.0 points, 5.4 assists and 4.6 rebounds per game this year, but both he and the Bucks have really picked things up lately. Holiday is averaging 20 points over the last month, and the team has been on a tear since mid-February. Since February 19 the Bucks have won 16 games and lost just four, and they're up to third place in the Eastern Conference.
The Bucks gave up a lot for Holiday, so it's not surprising that they'd sign him to an extension to make the most of their investment. But he's part of a core of players that will now be with the Bucks for several years as they continue to chase that elusive championship. 안전토토사이트
Before Holiday, the Bucks signed their most important player, Giannis Antetokounmpo, to the largest extension in NBA history. In December the two parties inked a five-year, $228 million contract extension, keeping Antetokounmpo in Milwaukee through at least 2025. And before Antetokounmpo, the Bucks signed Khris Middleton to a five-year, $178 million extension following the 2019 season.
The Bucks know that their best chance at winning a championship is to keep their core of Antetokounmpo-Middleton-Holiday together for as long as possible. Now that they've done that, they just have to get that ring.