Day: August 9, 2023

Josh Hart, Knicks Agree To Four-Year, $81M ExtensionJosh Hart, Knicks Agree To Four-Year, $81M Extension

Josh Hart and the New York Knicks have agreed to a four-year, $81 million contract extension. Hart receives a 140 percent raise off his $12.96 million contract in 23-24, which is the maximum raise he could receive.

The deal brings the total possible value of Hart’s contract with the Knicks to $94 million through the 27-28 season. Hart can officially sign the contract on Thursday.

Hart is participating in the FIBA World Cup with the United States.

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Pascal Siakam, Raptors Haven’t Discussed ExtensionPascal Siakam, Raptors Haven’t Discussed Extension

The Toronto Raptors and Pascal Siakam have had no substantive discussions on a contract extension, sources tell Shams Charania of The Athletic. The Raptors can currently offer Siakam up to a four-year, $192 million extension.

Sources also tell Charania that Siakam has never requested a trade.

The Atlanta Hawks have been the strongest trade suitor for Siakam. Siakam’s trade market has been somewhat soft due to his position that he has no plans to extend with any team that trades for him.

The Hawks offered a package built around De’Andre Hunter, AJ Griffin and draft picks to the Raptors for Siakam. Talks between the two teams are fully paused.

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Heat, Lakers Not Considered Sign-And-Trade Destinations For Christian WoodHeat, Lakers Not Considered Sign-And-Trade Destinations For Christian Wood

Neither the Miami Heat or Los Angeles Lakers are considered sign-and-trade candidates for Christian Wood, according to Marc Stein of Substack.

The Heat are currently almost $9 million over the first tax apron and cannot acquire a player via sign-and-trade.

The Lakers remain interested in Wood, but can only sign him to a veteran minimum.

The Mavs are open to facilitating a sign-and-trade including Wood if they can get a player they like in return.

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