Knicks to Withhold Julius Randle’s $181.5 Million Contract Extension for One Key Reason, Insider Reveals

The New York Knicks and star forward Julius Randle are now eligible to sign a $181.5 million extension. The Knicks have already addressed their contract situation with Jalen Brunson, signing him to a new four-year deal rather than waiting for him to become a free agent next year.

Randle is entering what is likely the final year of his current four-year, $117 million contract, which includes a player option for the 2025–26 season valued at $30.9 million.

Knicks' Julius Randle set to become extension-eligible, but negotiations  won't be easy like Jalen Brunson deal - CBSSports.com

Despite Randle’s status as one of the Knicks’ top players and one of the most productive power forwards in the league, the team might hesitate to commit to a $45.2 million annual salary, particularly given Randle’s recent recovery from shoulder surgery.

The Knicks front office may choose to be patient rather than offering a hefty extension right away, especially with notable players becoming available in free agency in 2025. They might prefer to wait and see how Randle performs post-surgery before making a long-term commitment.

Last season, Randle averaged 24 points, 9.2 rebounds, and five assists per game, and earned his third All-Star selection despite playing only 46 games. His absence was felt during the postseason, which could make a new deal seem justified. An extension would void the final year of his current contract and add $15 million to the team’s salary commitments.

While Randle’s defensive inconsistencies have raised some concerns, he remains an elite rebounder and a prolific scorer in the paint. The Knicks might focus on leveraging his strengths inside rather than his perimeter shooting, particularly with the addition of Mikal Bridges and OG Anunoby, who bring strong three-point shooting to the team.

The Knicks need to evaluate Randle in their new starting lineup to ensure he fits well, given his skills around the rim and rebounding ability.

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