Knicks Facing Uncertain Future with Julius Randle as Contract Extension Remains Elusive
The New York Knicks and three-time NBA All-Star Julius Randle remain without a contract extension, sparking speculation about the forward’s future with the team. According to The Athletic’s Fred Katz, if the Knicks were to shop Randle, they might struggle to receive equal value in return. An anonymous rival team executive stated, “Neutral, at best,” when asked about Randle’s market value.
Randle is extension-eligible this summer, with the potential to sign a four-year, $181.5 million deal. Despite this, the Knicks have yet to prioritize extension talks. Both sides appear content for now, following the team’s recent moves to lock up star guard Jalen Brunson and trade for Mikal Bridges. The Knicks have made it clear they are not actively shopping Randle, and his future with the team remains uncertain as free agency approaches.
Randle, who is recovering from a shoulder injury, is entering the final guaranteed year of his four-year, $117 million contract signed in 2021. He has a $30.9 million player option for the 2024-25 season. However, should he become an unrestricted free agent after this season, Randle may find himself in a competitive free agency class alongside the likes of Kyrie Irving, Jimmy Butler, and Brandon Ingram.
The Knicks’ front office appears divided on Randle’s fit with the current roster, which is now centered around Brunson. Some within the organization believe Randle complements the team’s core, citing the Knicks’ 12-2 run in January with a healthy lineup. Others, however, question Randle’s role heading into a pivotal season.
Randle averaged 24.0 points, 9.2 rebounds, and 5.0 assists in 35.4 minutes per game last season before a shoulder injury cut his year short. With free agency looming and questions about his long-term fit, Randle’s situation will be a key storyline to watch as the Knicks embark on their 2024 campaign.
