ESPN reported the deal to be worth $52.5 million over next three seasons.
Brooklyn Nets guard Caris LeVert has agreed to a three-year, $52.5 million contract extension, league sources tell ESPN. LeVert turns 25 today.
— Adrian Wojnarowski (@wojespn) August 26, 2019
The 2016 first-round pick was averaging a team-best 18.4 points in his first 13 games before sustaining a dislocated right foot, a gruesome-looking injury that had players in prayer as he was taken off the court on a stretcher.
But it was quickly determined that he wouldn’t need surgery and would be able to return during the season, which he did after missing about three months. He helped the Nets make the playoffs, where he averaged 21 points in a first-round loss to the Philadelphia 76ers.
The Nets respect the way LeVert has overcome injuries dating to college at Michigan, and view him as an important piece of a team that signed superstars Kevin Durant and Kyrie Irving in July.
General manager Sean Marks said “Caris personifies what it means to be a Brooklyn Net, and we firmly believe his best basketball is in front of him.”
(© Copyright 2019 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)