Archives For NBA contracts

Lets talk about what constitutes breaking Timberwolves news in early August. Lou Amundson is still unsigned? Ok, not bad but I think we can probably do better than that. Money is the crux of Nikola Pekovic’s contract negotiation? Ok, let’s run with it. From Darren Wolfson of ESPN 1500:

But one central issue remains, according to sources: money. The Wolves are offering Pekovic a four-year, $48 million extension. [Pekovic's agent Jeff] Schwartz wants more. In fact, at least initially, a lot more. One league source said his opening asking price was in the vicinity of $15 million/year.

This is actually less troubling than it seems. According to Wolfson, Schwarz is likely simply attempting to create bargaining leverage with which to negotiate an incentive package into the deal–most likely continent on Pekovic’s remaining healthy. As Wolfson points out, Pek’s only other option is to accept a $6 million one-year qualifying offer and then become a free agent after next season. But it makes no sense for an injury-prone big man entering his prime earning years to leave that much money on the table (unless, say, a Russian mafioso has delivered his mom a suitcase full of cash). ┬áIt’s remains a near-certainty that Pek will sign a deal by next month.