In a significant move for the New York Knicks, Josh Hart is on the brink of finalizing a lucrative four-year contract extension worth $81 million. As announced by his representatives Aaron Mintz, Dave Spahn, and Steven Heumann from CAA Sports on Wednesday, is set to reshape Hart’s future in the NBA.
The details are slowly being disclosed and as fans, we await the information about this milestone in Hart’s journey. Additionally, this deal will allow Hart to continue his involvement with Team USA on its journey to the reputed FIBA World Cup.
With this upcoming contract, which is expected to be officially signed in the coming days, Hart will earn an exceptional total of $94 million. Interestingly, the $81 million figure is the maximum possible value that Hart can get. This remarkable sum stands at a striking 140% increase from his previous contract of $12.96 million during the 2023-24 season. The ensuing season, 2024-25, will see Hart receive a sizable $18.1 million.
Josh Hart commits to the New York Knicks until 2028
The decision by Hart to use his player option for the 2023-2024 season in June proved to be a factor. It allowed the Knicks to grasp their full midlevel exception during the free agency period. This strategic move resulted in the addition of Donte DiVincenzo, Hart’s former Villanova teammate, on a new four-year contract. Both have been close since their college days, and the duo on the NBA grounds are expected to set fire.
Hart’s journey with the New York Knicks began when he was traded from the Portland Trail Blazers during the trade deadline in February. This turned out to be a game-changing move as he got the team to the Eastern Conference semifinals.
New York Knicks G Josh Hart is finalizing a four-year, $81 million contract extension, Aaron Mintz, Dave Spahn and Steven Heumann of @CAA_Basketball tell ESPN. Deal delivers Hart a total of $94M through 2027-2028 season. pic.twitter.com/PNlhKWka4g
— Adrian Wojnarowski (@wojespn) August 9, 2023
When it comes to being on the court, Hart has left no stone unturned to show his capabilities. He has displayed remarkable accuracy with a 58% shooting rate overall and an outstanding 52% accuracy from the 3-point range.
Furthermore, his relationship with Immanuel Quickley become strong, making them important parts of the Knicks’ lineup. Additionally, Hart’s ability to guard multiple positions contributed to making him the star of the team.
Hart’s journey in NBA has been so diverse and has greatly contributed to his outstanding skills and performance. Over the span of his six-year career, he has been an integral part of four various teams.