Blake Griffin To Sign 5-Year Extension With Clippers, Chris Paul Will Wait
The Los Angeles Clippers look to be coming back next season with their main superstars intact, along with at least one new addition.
According to ESPN.com, star forward Blake Griffin has let team officials know that he will sign a five-year contract extension this month so place your bets now! However, things won’t be official until July 11th, when he’ll be allowed to actually sign the contract. The offer is on the table, and now, Griffin is set to sign soon.
Meanwhile, Chris Paul will wait. He declined a three-year, $60 million extension on Saturday (June 30), but reports say it’s only a formality, because the all-star guard can re-sign for $48 million more after next season.
Paul is already slated to make $17.7 million next season, during the final year of his current contract. So, he plans to wait until the end of the 2012-13 season to sign a max five-year, $108 million extension, reports the Los Angeles Times.
Griffin, however, will be a Clips’ superstar for the next five years, and well into the future if team management has their way.
Back in December 2010, former general manager Neil Olshey said: “I can guarantee you he will only ever be a Clipper. If (Oklahoma City Thunder general manager) Sam Presti arrived on Kevin Durant’s doorstep at midnight on July 1 with an extension, understand that Blake Griffin lives two blocks away from me in Manhattan Beach, so it’s going to be a much shorter commute for me.”
Blake could earn as much as $95 million over the course of the five-year extension … if he is voted an All-Star starter again or named to a second All-NBA team next season under the so-called “Derrick Rose Rule” in the new collective bargaining agreement. Under another clause in the new CBA, rookies may extend their contracts by four years. However, a team may designate one player to sign a five-year extension.
In addition to Blake and CP3, Lamar Odom has entered the fold. News surfaced Friday evening (June 29) that the Clippers had reached a deal to bring the former Sixth Man of the Year back to L.A.
He was acquired as part of a four-team deal, which sent guard Mo Williams to the Utah Jazz. The Rockets received the rights to the Clippers’ 53rd overall pick, Furkan Aldemir; and the Jazz sent the team’s trade exception to Dallas, in addition to received cash considerations from Houston.
Odom returns to the team who drafted him. He was drafted fourth overall in the 199 NBA Draft by the Clippers.
The Times also reports that the team has begun talks with guard Chauncey Billups. He missed most of last season recovering from a torn left Achilles’ tendon, but the Clippers want him back.
L.A. also plans to talk to guards Randy Foye and Nick Young. And, have also begun to talk with free-agent guard Jamal Crawford, who opted out of his contract with the Portland Trail Blazers.