Milwaukee Bucks do not extend Jaime Jaquez Jr.

The Milwaukee Bucks and 25-year-old forward Jaime Jaquez Jr. failed to agree on a rookie scale extension by the league's 5 p.m. CT deadline on October 19. As a result, Jaquez will play the entire 2026-27 season before entering restricted free agency in the upcoming offseason. Only first-round draft picks are eligible for such extensions, and only seven players from the 2023 draft came to agreements with their respective teams.

Jaquez was acquired by the Bucks in a trade for Giannis Antetokounmpo and Bobby Portis Jr. in July. Despite being the runner-up for Sixth Man of the Year the previous season with the Miami Heat, the Bucks are currently redefining their organization's direction. Jaquez expressed his intent to maintain a professional mindset at training camp and emphasized that his contract is for the upcoming year.

Should Jaquez and the Bucks fail to reach an agreement, they could explore options like the Bucks making a qualifying offer, matching any offer from another team, or even playing under a one-year QO. Bucks general manager Jon Horst indicated that reaching extensions for Jaquez or Tyler Herro might not occur, but it does not diminish their value to the team.