Archives For rookie extensions

It’s not news exactly, but Jerry Zgoda at the Strib has good information about the possibility of a contract extension for Kevin Love:

The NBA’s new labor agreement allows every team to designate one player coming off his rookie contract to whom it can offer a five-year, maximum salary contract extension. The team can offer raises in excess of 7 percent annually while all other teams can only offer four years and 4-plus percent raises…But in a market where big men Marc Gasol, Tyson Chandler and Nene just signed new contracts that will pay them between $13 million and $14 million per year, Love could receive a maximum contract that would pay him as much as $82 million over five years.

Or, put another way, $81,625,000 more than a person would need to be happy over that span of time. But as far as actual news as to what might happen come January 25th, the deadline for offering extensions to players like Love approaching the end of their rookie deals–not much to go on. When Love was asked whether he had decided whether he would seek a max extension, he replied, “Not really. I’m still thinking things through. It’s just going to depend on what they think is right and what me and my agent decide as well. We’ll look at the scenarios.” In other words, “please stop asking me about it because I won’t tell you anything anyway.”

So we don’t know what’s going to happen in a month from now. Which just means that we’ve got more time to chew on a problem we discussed some weeks back: just what is Kevin Love worth to an NBA basketball team? How much would you pay this guy?