$160 million fat contract delivered
Brother Alphabet is the star of the Milwaukee Bucks and is an integral part of the team. The Bucks are willing to do anything to keep Alphabet's heart, because it's a small chance that a small-ball team will have a regular-season MVP.
Last offseason, the Bucks reached a contract extension with Alphabet, but the premise of doing so is that the Bucks have to work hard to strengthen the roster to meet the needs of Alphabet's championship. In order to strengthen the team, the Bucks did the right thing last year when they traded for former All-Star guard Holliday from the New Orleans Pelicans.
Although Holliday's stats aren't very good right now, he is versatile, can score and organize well, and is very considerate on the defensive end. In the playoffs one year, Holliday even easily limited the Portland Trail Blazers' All-Star guard Lillard.
Now, Holliday's contract is also about to expire, the Bucks must hurry to find a way to complete the contract extension. Early this morning, the Bucks released the news that they had reached an early contract extension with Holliday and did not let him enter the free agent market.
It is understood that the Bucks gave a four-year, $160 million contract, which will begin this offseason. By not allowing Holliday to enter the player market, the Bucks are theoretically saving some money.
Currently, the Bucks have three top salary players - Alphabet (five years, $228 million), Middleton (five years, $178 million) and Holliday (four years, $160 million) - and the salary pressure is huge. If they don't win a championship successfully in the next three years, the future of this salary space locked team could become very difficult.