Nets GM: Team hasn’t had conversations with Kyrie Irving yet about his contract

If Irving opts out, he would be eligible for a four-year, $189.7 million extension or even a five-year, $245.6 million deal, with only the Nets able to offer him the fifth year. If he picks up his option, he could ink extensions of either three or four years, picking up in 2023-24, but that would require leaving more than $5 million on the table next season. The Nets should be expected to try to protect themselves, either with a shorter deal or baked-in incentives. Irving’s current four-year, $136 million deal contains a total of $4.3 million in incentives, per Spotrac, with $3 million of that so-called “unlikely bonuses.” -via New York Post / May 18, 2022

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