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Brooklyn Nets Practice Photo by Nathaniel S. Butler/NBAE via Getty Images

Jarrett Allen will be playing for a new contract this year. The Nets and the 22-year-old failed to reach an agreement on an extension. Monday was the deadline for teams to extend players like Allen taken in the first round of the 2017 NBA Draft.

Chris Haynes of Yahoo! Sports broke the news...

Mike Scotto of Hoopshype reported Saturday that the two sides had held “exploratory” talks on an extension and that Allen had expressed a desire to stay in Brooklyn, believing the team is a championship contender.

A number of other players drafted in 2017 have been rewarded with extensions, including Jayson Tatum, Donavan Mitchell, De’Aaron Fox, Bam Adebayo, Kyle Kuzma, Luke Kennard, Markelle Fultz, Jonathan Isaac and O.G. Anunoby, with packages ranging from $40 million to $195 million.

Last month, Bobby Marks, the Nets former executive who’s now an ESPN analyst, said Allen was looking for “Clint Capela money,” that is $90 million over five year. Allen has not yet had the level of success Capela had before he signed that deal two years ago but in the Orlando “bubble,” he excelled, his game developing across a number of areas.

In six seeding games, Allen averaged 15.7 points and 11.0 rebounds along with 1.2 blocks and most surprisingly, 4.2 assists. Then, in the Raptors four-game sweep of the Nets, he averaged 10.3 points, 14.8 boards (the highest in the NBA playoffs), 1.8 blocks and 2.3 assists. Those are Clint Capela numbers. But that was also a small sample.

Moreover, he is the most durable Nets player. He’s missed a total of 14 games over his three years with the Nets and a number of them were DNP-CD’s in his rookie year. Last season, he missed only two games, both in the “bubble,” when Jacque Vaughn rested him.

The Nets will be able to match any offer Allen will receive next summer.

Earlier Monday, the Nets exercised the fourth-year team option on guard Landry Shamet’s contract for the 2021-22 season.