Bucks sign Grayson Allen to 2-year, $20M extension

Grayson Allen signed a two-year, $20-million rookie contract extension with the Milwaukee Bucks, his agent informed ESPN's Adrian Wojnarowski.

Including the upcoming campaign, the 26-year-old will take home $24.1 million through 2024.

The Bucks acquired the former Duke standout from the Memphis Grizzlies this offseason for shooting guard Sam Merrill and cash considerations.

Allen put up a career-best 10.6 points, 3.3 rebounds, and 2.2 assists per game in 2020-21. He's a career 38.1% 3-point shooter on over four long-range attempts per contest.