Julius Randle Is Eligible To Sign $181.5 Million Extension With The Knicks

Julius Randle is eligible to sign a significant extension with the New York Knicks, potentially worth up to $181.5 million over four years, starting on Saturday, as per Fred Katz of the New York Times . This opportunity reflects Randle's crucial role in the team's recent resurgence and his overall impact on their performance.

Randle has been instrumental in leading the Knicks to the playoffs twice during his tenure. In the 2020-21 season, he posted impressive regular-season averages of 24.1 points, 10.2 rebounds, and 6.0 assists, shooting 45.6% from the field and 41.1% from three-point range.

However, his playoff performance that year saw a drop in efficiency, averaging 18.0 points, 11.6 rebounds, and 4.0 assists on 29.8% shooting from the field and 33.3% from three-point range. Similarly, in the 2022-23 season, Randle averaged 25.1 points, 10.0 rebounds, and 4.1 assists during the regular season, but his playoff performance again dipped, with averages of 16.6 points, 8.3 rebounds, and 3.6 assists on 37.4% shooting from the field and 25.8% from three-point range.

Randle's contributions to the Knicks go beyond individual statistics. Since joining the team in 2019, he has helped end a long playoff drought. This turnaround has solidified Randle's position as one of the league's top power forwards, earning him three All-Star selections and two All-NBA team honors.

Despite his importance, the Knicks face a significant decision regarding Randle's extension. While he can sign a four-year deal now, waiting a year could allow him to sign an even larger contract, potentially worth up to $313 million over five years.

For the Knicks to reach their ultimate potential, they need Randle to be healthy and perform at his best. His postseason struggles have been notable, but injuries and team dynamics have played a role in these performances. As the team continues to navigate the complexities of the NBA's financial landscape, Randle's extension remains a crucial consideration for the Knicks' future success.

Julius Randle Embodies What The Current New York Knicks Are All About

Julius Randle embodies what the New York Knicks under Tom Thibodeau have become: a gritty, hard-nosed, physical team that never gives up and always puts everything on the line. Randle was the first star to fit this mold, setting the tone for the team’s culture and work ethic. His relentless effort and determination have made him a cornerstone of the Knicks' identity.

Over the years, the Knicks have added players who share this same mindset, such as Jalen Brunson , Josh Hart , and Donte DiVincenzo. Each of these players brings toughness, tenacity, and a never-say-die attitude to the court, further solidifying the team’s identity. The recent trade for Mikal Bridges also fits this blueprint, adding another player known for his defensive prowess and competitive spirit.

However, Randle's playoff disappointments cannot be overlooked. Despite his regular-season success and leadership, his performance in the postseason has been inconsistent. This poses a challenge for the Knicks as they consider his future with the team. Randle has a player option for the 2025-26 season, ensuring he remains with the Knicks for the near future.

The Knicks face two main options regarding Randle's contract situation. They could lock him in with a new deal now and trade him later if he doesn't meet playoff expectations. This approach provides some security and flexibility. Alternatively, they could let him play out this season and then decide whether to offer him a larger contract or move on, based on his performance in the upcoming playoffs.

Regardless of the decision, Randle's impact on the Knicks is undeniable. He represents the team's transformation under Thibodeau and has been a key player in their return to competitiveness. His future with the Knicks will be closely watched as the team aims to build on their recent successes and make deeper playoff runs.

Related: 3 Different Starting Lineups The Knicks Could Use For The 2024-25 NBA Season

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