The Milwaukee Bucks have agreed to a contract extension with point guard Eric Bledsoe, according to ESPN’s Adrian Wojnarowski. The terms of the deal are an additional four years for $70 million. The Bucks have also confirmed the extension via social media.
Guard Eric Bledsoe has agreed to a four-year, $70M extension with the Milwaukee Bucks, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) March 1, 2019
“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
Bucks General Manager Jon Horst said via ESPN that the team is excited to keep Bledsoe in Milwaukee. “We are excited to have Eric continue to be a core part of the team,” Horst iterated.
Bledsoe could have waited until the offseason to sign a contract extension, but opted to do it now with the team in the midst of a hot streak. Following Milwaukee’s win over the Los Angeles Lakers, which clinched them a playoff spot in the Eastern Conference, Bledsoe spoke to the media about why he did not wait until the offseason to sign:
“Right now, we jellin’,” Bledsoe continued to ESPN. “They like brothers to me. They took me in with open arms last season, and it’s paying off right now, so why not?”
The Bucks had an eventful day. In addition to the Eric Bledsoe extension, the team also signed Pau Gasol to a contract as they prepare for the playoff run. Gasol was bought out by the San Antonio Spurs.