The Bucks locked up Knight (above) and Henson through the 2014-15 season.
In an expected move, Milwaukee exercised contract options on both John Henson and Brandon Knight over the weekend.
Henson’s third-year option for the 2014-15 season will pay him $1.99 million, while Knight’s fourth-year option is worth $3.75 million. In accordance with the current NBA collective bargaining agreement, the first two years of a first-round draft pick’s contract must be guaranteed, while the third and fourth years are team options.
Milwaukee had until October 31 to officially decide whether or not to pick up both options but chose to do so well before the deadline, as the announcement was essentially a formality. The decision leaves Knight eligible for an extension next summer (his rookie deal having expired), while Henson holds a fourth-year club option of $2.9 million for the 2015-16 season.
Knight was the eighth overall selection of Detroit in the 2011 draft after one season at the University of Kentucky. Henson, a three-year star at North Carolina, was the Bucks’ first-round selection in 2012.
The pair of young players will play prominent roles for Milwaukee this season, as Knight will start at point guard while Henson figures to be the first big man off the bench behind Larry Sanders and Ersan Ilyasova. With the latter currently rehabbing an ankle injury suffered in Milwaukee’s preseason opener, Henson has started the past four exhibition contests. The team has been rather coy in regards to the injury – stating Ilyasova has “no timetable” for a return – and it’s possible he could miss a few regular season contests.