Charleston’s Khris Middleton has become one of the NBA’s richest young players — to the tune of $14 million per year. The Associated Press reports the Porter-Gaud graduate and restricted free agent has agreed to a five-year, $70 million extension with the Milwaukee Bucks. New contracts cannot be formally signed until July 9.
The deal includes a player option that allows Middleton, a 6-7 shooting guard, to return to free agency in four years.
Middleton, 23, made $915,000 last season.
The Bucks improved from 15-67 to 41-41 last season and made the playoffs as Middleton averaged 13.4 points, 2.3 assists and 1.5 steals per game.
ESPN’s Real Plus Plus-Minus, an inclusive statistical formula measuring overall value, rates Middleton No. 10 among all NBA players for the 2014-2015 season (Golden State’s Stephen Curry is No. 1, Houston’s James Harden No. 2 and Cleveland’s LeBron James No. 3).
Middleton, a former Texas A&M star, told The Post and Courier last month that he hoped to stay with Milwaukee and the Bucks’ promising young cast of players, a group that includes Jabari Parker, Michael Carter-Williams and Giannis Antetokounmpo.
“We have a lot of great pieces with the Bucks,” Middleton said. “If we can stay together, we can do something special.”
The Milwaukee Journal Sentinal reports that the Middleton deal would be the largest given by the Bucks since a $15 million per season deal given guard Michael Redd for six years in 2005.