RJ Barrett, Knicks agree to massive extension after Donovan Mitchell deadline set: report

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The New York Knicks reportedly reached an agreement on an extension worth up to $120 million for guard RJ Barrett, but the deal puts a big wrinkle in the team’s pursuit of Utah Jazz All-Star Donovan Mitchell.

Knicks president Leon Rose gave the Jazz a Monday deadline to reach a trade, or the team would be extending Barrett, according to ESPN. Both teams have been talking for weeks about a potential blockbuster deal for three-time All-Star in Mitchell. 

With the extension, a giant roadblock is now in the way to a deal, though the report added that both sides are not going to rule out re-engaging in talks this offseason. 

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Donovan Mitchell, #45 of the Utah Jazz, defends RJ Barrett, #9 of the New York Knicks, during the second half of a game at Vivint Smart Home Arena on February 07, 2022 in Salt Lake City. ( Alex Goodlett/Getty Images)

Trade talks reportedly "tightened" this past weekend, but there was still a considerable amount of common ground to be found. Those discussions went up to Monday night, at which point Rose told Barrett’s agent, Bill Duffy, that the extension would be agreed to. 

Barrett was rumored to be discussed in several trade packages with Utah, though the hurdle was the unprotected first-round picks that would be attached to the deal for Mitchell as well. The Jazz also asked about adding Knicks guard Quentin Grimes, who was a standout rookie last season. 

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RJ Barrett, #9 of the New York Knicks, looks on during the second half against the Brooklyn Nets at Madison Square Garden on