Pelicans Secure Trey Murphy with 4-Year, $112M Extension Ahead of Rookie Deadline

Trey Murphy: The New Orleans Pelicans have locked in one of their rising stars, Trey Murphy III, with a four-year, $112 million contract extension, according to multiple league sources. The deal was finalized just ahead of Monday’s 6 p.m. deadline for rookie-scale extensions and positions Murphy as a core part of the Pelicans’ future alongside Zion Williamson, Herb Jones, and Dejounte Murray. Notably, the contract does not include a player option.

At 24 years old, Murphy has steadily developed into a key contributor for the Pelicans, emerging as a versatile 6-foot-9 wing who excels in three-point shooting, transition offense, and defense. His performance last season was impressive, averaging 14.8 points and 4.9 rebounds per game while shooting 39.2% from beyond the arc. Despite a hamstring injury in early October that may delay his start to the season, Murphy is expected to return to the lineup by the end of the month.

The Pelicans’ decision to extend Murphy underscores the organization’s commitment to building around their young core. With Murphy’s ability to complement Williamson on the court, his skill set has become highly coveted in today’s NBA. In his 198 career games, Murphy has made 442 three-pointers, proving his value as an elite perimeter threat.

Murphy’s extension also raises questions about the future of Brandon Ingram, who is set to become an unrestricted free agent next summer. With Williamson, Jones, Murray, CJ McCollum, and now Murphy all signed to substantial contracts, the Pelicans could face salary cap challenges in extending Ingram without triggering significant luxury tax penalties.

Acquired in the 2021 NBA Draft, Murphy was selected 17th overall after New Orleans traded the 10th pick to the Memphis Grizzlies. Since then, his consistent growth and impact have made him an integral part of the Pelicans’ long-term plans, positioning the team for success in the upcoming seasons.

This extension marks another step forward for the Pelicans, as they aim to solidify their status as playoff contenders in the competitive Western Conference. For Trey Murphy, this deal not only secures his future but also cements his role as one of the league’s most promising young talents.

As the season opener against the Chicago Bulls approaches, fans eagerly await Murphy’s return to the court, where he will continue to build on his breakout performances from last year.