A day after securing the services of former four-time NBA All-Star Kemba Walker, the New York Knicks had another major coup.
The Knicks locked up their All-Star leader Julius Randle throughout his prime with a new four-year deal worth $117 million. The last year is a player option.
The first year of Randle’s extension starts at $23.76 million and will kick in the 2022-23 season and will increase 8% every year, according to ESPN front office insider Bobby Marks.
The bonuses in his original contract signed in 2019, which includes making it to the All-Star Game, getting to the playoffs, and earning a spot in the All-Defensive Team, remain.