You could be right but oh man would I hate to be a Bucks fan with him tied up for another 4 years. Even if he never suffers another injury, the arthritis alone that frequently accompanies his knee problems should really be slowing him down by them.
Totally fair, the best injury history comp for Bledsoe is Wade and Bledsoe had his knee problems pop up earlier in his career and Wade also had a higher foundation to fall from and even with all that Wade has been getting by largely on shot volume and reputation for 3 or 4 years. I would not want to owe a 30 year old Bledsoe 60-80 million bucks, but if you're the Milwaukee Bucks... what do you do? That's gotta be one of the bottom 5 markets in the league, they have a true superstar they need to appease... I don't see how they get a better player than Bledsoe to fill the position, and really, if Bledsoe is healthy and engaged, that's probably one of the better fits with Giannis in the league. When engaged he's an elite defender and a transition beast. I just don't see them finding a better use for their money or a better player at the position. Bledsoe isn't great but he's probably a right around a top 10 pg, even better when he is paired with a guy like Giannis who can take a lot of the play making duty.
There are a lot of variables... if Bledsoe gets hurt again then obviously his market is ruined, he'd become a year to year player. Maaaaaybe Rich Paul gets really really crazy and demands a full max, but I don't see him doing that either because no one else is going to offer Bledsoe the max and he's unrestricted so that fact would become apparent quickly.
So, I'm willing to stake a strong vote of confidence, unless Bledsoe gets injured again, he's getting a raise, probably around near 20 mil a year, maybe more if me makes the all-star team in the garbage East.