Knicks Rumors: Immanuel Quickley's Floor for New Contract Is 'At Worst' 4-Years, $80M

Immanuel Quickley is due for a contract extension this offseason, and it's apparently going to be a large one.

Michael Scotto of Hoopshype reported the "floor" for Quickley's rookie extension would be four years and $80 million. The deal could go as high as $100 million over the same timeframe.

Quickley averaged 14.9 points, 4.2 rebounds and 3.4 assists and was named a finalist for Sixth Man of the Year this season.

While he's been a contributor since the Knicks selected him in the first round of the 2020 NBA draft, Quickley was a consistent net positive for the first time in his career in 2022-23. He saw a sizable uptick in his shooting efficiency, knocking down a career-high 44.8 percent of his shots overall and 37.0 percent from three-point range. The Kentucky product was also stellar on defense as a vocal conductor and fleet-footed guard on the perimeter.

"I think my IQ is probably one of my better strengths, being able to help guys out where they're supposed to be at," Quickley said in February, per Fred Katz of The Athletic. "And then talking on the floor is also an underrated skill that a lot of people don't do. So, just try to help, really just do anything you can to win. That's what it really comes down to."

The Knicks will have until October to decide whether they prefer Quickley as a long-term fixture in the rotation or if they want to use him as trade bait in part of a larger deal for a superstar. It's not too dissimilar to the situation they were in last offseason when they were deciding whether to include RJ Barrett in trade talks for Donovan Mitchell.

The Knicks ultimately decided to keep Barrett, signing him to a four-year, $107 million contract, and Mitchell wound up being traded to Cleveland. If the Knicks decide to retain Quickley, they could wind up with over $200 million devoted to players who have yet to show All-Star potential.