According to multiple reports, the Milwaukee Bucks have already put some of their offseason plans in motion.
ESPN’s Adrian Wojnarowski is reporting that the Bucks and the 29 year-old guard have agreed to a 4-year, $70 million contract extension. Bledsoe was due to be an unrestricted free agent in the offseason.
Bledsoe, 29, is having his best NBA season with Bucks and was determined to stay with franchise. He could’ve gone into free agency this summer, but his deal starts to set the market for free agent guards in July. Deal gives Bucks chance to focus on Khris Middleton in July FA now. https://t.co/zOw7jBJsMi
— Adrian Wojnarowski (@wojespn) March 1, 2019
With the signing, three members of the Bucks starting lineup still has to come up with new contract terms before next season: Khris Middleton, Brook Lopez, and Malcolm Brogdon.
The reports were also confirmed by Milwaukee Journal Sentinel Bucks reporter Matt Velazquez.
Can confirm the Bucks and Eric Bledsoe have agreed to a 4-year, $70 million extension.
— Matt Velazquez (@Matt_Velazquez) March 1, 2019
Bledsoe is averaging 15.7 points, 4.6 rebounds, and 5.5 assists for the 47-14 Bucks this season.
Bucks General Manager Jon Horst confirmed the reports on Friday night via the Bucks official Twitter account.
“We have agreed in principle to a contract extension with @EBled2 and are moving toward finalizing it. We are excited to have Eric continue to be a core part of the team.”
— Milwaukee Bucks (@Bucks) March 2, 2019