The Utah Jazz and New York Knicks had made progress on a Donovan Mitchell trade in recent days before RJ Barrett agreed to a four-year extension worth up to $120 million.
The Jazz are not seriously engaged on a Mitchell trade now with any other teams, which increases the possibility of him remaining on the roster for the start of training camp. Neither Utah nor New York is ruling out restarting the talks before the start of training camps in late September, sources said.
The Knicks and Jazz have been discussing a trade on and off since early July.
For Barrett to be included in a trade to the Jazz, the Knicks would need to find a third team with salary-cap space to redirect Evan Fournier.