The Milwaukee Bucks have agreed to a two-year rookie contract extension with guard Grayson Allen, according to a report from Adrian Wojnarowski of ESPN.
Milwaukee Bucks guard Grayson Allen has agreed on a two-year, $20 million rookie extension, his agent Mitch Nathan of @CAA_Basketball tells ESPN. Allen arrived with the defending champions in a trade this summer. He was the 21st pick in the 2018 NBA Draft.
— Adrian Wojnarowski (@wojespn) October 18, 2021
The deal reportedly is worth $20 million over the two years, according to Allen’s agent.
Allen was acquired by the Bucks in a trade with the Memphis Grizzlies this offseason. Allen — who was selected by the Utah Jazz with the 21st overall pick in the 2018 NBA Draft — had played the last two seasons with Memphis, where he averaged 10.6 points, 3.2 rebounds and 2.2 assists over 50 games last season.