The Brooklyn Nets and swingman Caris LeVert have agreed to a three-year, $52.5 million extension, ESPN’s Adrian Wojnarowski reported Sunday night.
The reported agreement comes on LeVert’s 25th birthday. According to the report, the deal will kick in for the 2020-21 season.
LeVert tweeted shortly after the news broke, writing “No better feeling to start off Year 25. Brooklyn, I can’t wait for what’s next.”
The Nets, perhaps the NBA’s busiest team this offseason, now have their core signed through at least the 2021-22 season. That includes free agent pickups Kevin Durant, Kyrie Irving and DeAndre Jordan, as well as veteran Spencer Dinwiddie.
LeVert missed 42 games last season with a dislocated right ankle, but averaged 11.2 points, 3.5 rebounds and four assists while hitting better than 31 percent of his 3-point attempts over 26 games following his return from the injury.
LeVert has seen his scoring and minutes increase each season, with last season — his third in the league — seeing him play 26.6 minutes per game and average 13.7 points, along with 3.8 rebounds and 3.9 assists. He also averaged 21 points over five games in the Nets’ playoff series against Philadelphia last season.
Earlier this month, Chinese billionaire Joseph Tsai, who had owned 49 percent of the club, purchased full ownership of both the Nets and Barclays Center, the club’s home arena, from Russian Mikhail Prokhorov.