RJ Barrett close to $120million four-year extension with the Knicks

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RJ Barrett is close to signing a four-year extension with the New York Knicks worth up to $120million, according to reports.

The 22-year-old guard will become the youngest player in Knicks history to earn over $100m from a deal.

However, the news may indicate an end to the franchise's pursuit of Donovan Mitchell from the Utah Jazz.

It had been expected that Barrett would be part of those negotiations, but according to Adrian Wojnarowski of ESPN, the player's agent Bill Duffy of BDA Sports and WME Sports has advised his client is penning an extension in New York.

Barrett made 70 appearances for the Knicks last season, averaging 20 points per game, as well as 5.8 rebounds and 3.0 assists.

The number three pick from the 2019 NBA Draft recorded 3,000 points, 1,000 rebounds and 200 three-pointers before he turned 22, joining an elite group of five to have done so along with Kobe Bryant, LeBron James, Kevin Durant and Luka Doncic.