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The Bucks and John Henson are "heading towards" an extension, according to ESPN's Marc Stein. There isn't anything set in stone just yet, but there isn't much reason to believe that a deal won't get done soon.
The 24 year-old Henson has averaged 8.1 points, 5.5 rebounds, and 1.5 blocks in his three seasons with Milwaukee, and is coming off probably his most impressive stretch of basketball during the past playoffs, where he avaeraged 8.8 points, 8.0 rebounds and 1.8 blocks. Still, a decision on Henson was on the horizon, and some still questioned whether Henson was a fit going forward. Stein answered that as well.
Bucks regard Henson as key part of their core alongside Giannis, Jabari, Monroe, MCW and Middleton and want to get Henson signed/sealed, too
— Marc Stein (@ESPNSteinLine) July 13, 2015
The particulars of the Henson deal have not been shared, but as Frank wrote a few days ago, locking him down early would probably come at a higher price, possibly around $10-11 million a year. Such an extension wouldn't take place until the 2016-2017 season when the cap is expected to be around $89 million, so a new deal wouldn't take a large chunk out of Milwaukee's available cap room. The Bucks are expected to have upwards of $31 million in space next summer, though a deal for Henson would cut that down to around $25-26 million.
At the moment it isn't clear when the deal would be finalized, but we'll update you when more comes out.