Jrue Holiday contract: Exploring former Bucks star's deal details

The Milwaukee Bucks have sensationally traded Jrue Holiday in a blockbuster deal to land Damian Lillard. Holiday's inclusion comes as a surprise considering his value to the team since he signed for them in the 2020 offseason via trade from the New Orleans Pelicans.

He was widely deemed the missing piece for their championship pursuit after the Bucks won the title in his first season. Holiday was one of their most reliable and consistent players in his three seasons, aside from Giannis Antetokounmpo. He had carried the role of a secondary scorer and go-to defensive presence on the perimeter.

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What are Jrue Holiday's contract details?

The Bucks rewarded Holiday with a lucrative extension in his first season. He signed a four-year $134,997,333 contract until the 2024-25 season. Holiday receives an annual average sum of $33,749,333. He will earn $34,954,667 this upcoming season. Holiday's deal has a player option in the final season (2024-25) worth $37,365,333.

He could become an unrestricted free agent at the end of this season if he opts out of his player option or in 2025 after his contract runs out.

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Jrue Holiday reportedly expected to get traded again

Holiday is unlikely to be on the Trail Blazers on opening night. The move seems to be temporary, with Portland heading into a rebuild. ESPN's Adrian Wojnarowski reported the Trail Blazers would engage immediately on a potential trade to move the veteran point guard.

Holiday was an All-Star last season and is instantly generating league-wide interest. According to The Athletic's Shams Charania, the Toronto Raptors, Miami Heat, and Boston Celtics are interested. Meanwhile, Philadelphia 76ers beat writer Kyle Nubeck reports that the team is exploring a trade for Holiday.

It's not surprising to see Holiday draw suitors despite being traded by the Bucks. He's an invaluable asset at the point as a reliable scorer, playmaker and defender. Holiday is one of the best perimeter defenders and has been crucial in the Bucks' success since 2021.

They won the championship in his first season there, followed by a conference semis run and a league-best record finish, with Holiday playing majorly as a second option with Khris Middleton out.

Suggested reading: Hours before Jrue Holiday was traded for Damian Lillard, combo guard expressed retirement wish with Bucks