Pelicans Commit to Trey Murphy III with $112M Extension Amid Injury Recovery and Roster Uncertainties
October 21, 2024The New Orleans Pelicans have signed Trey Murphy III to a four-year, $112 million contract extension, marking a significant commitment to the young player.
At 24 years old, Murphy is entering the final season of his rookie contract and would have been a restricted free agent next offseason without this extension.
His injury may prevent him from participating in the Pelicans' season opener against the Chicago Bulls on October 23, 2024.
The extension raises questions about the future of starting small forward Brandon Ingram, who has not yet agreed to an extension.
Last season, Murphy averaged a career-high 14.8 points over 57 games, starting 23 of them, showcasing his potential as a key contributor.
However, Murphy is currently recovering from a hamstring strain sustained in training camp and is expected to miss the start of the 2024-25 season.
Reflecting on his recovery, Murphy noted advice from former player JJ Redick about focusing on gradual progress rather than expecting immediate results.
Murphy praised teammate Zion Williamson for his serious approach to body work and recovery this offseason, indicating that Williamson appears to be in better shape compared to last year.
In addition to Murphy, the Pelicans have extended contracts for other players, including Jose Alvarado and All-Stars Zion Williamson and Brandon Ingram.
Known for his strong shooting ability, Murphy has a career average of 39.2% from 3-point range, making him a valuable asset for the Pelicans.
The Pelicans are looking to improve their standing in the Western Conference after being eliminated in the first round of the playoffs last season.
Murphy is the sixth player from the 2021 NBA draft class to secure a contract extension ahead of the league's deadline.
Summary based on 9 sources
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Sources
AP News • Oct 21, 2024
Trey Murphy III and Pelicans agree to a 4-year, $112M deal, AP source saysNBA.com • Oct 21, 2024
Reports: Pelicans, Trey Murphy III agree to 4-year extensionCBSSports.com • Oct 21, 2024
NBA contract extensions: Pelicans' Trey Murphy gets $112 million, Warriors sign role player to new dealHoopsHype • Oct 19, 2024
Trey Murphy on potential extension: 'We’ll be finding out really soon'