Chris Paul accepts 5 year, $107M contract with Clippers

Post #1 » by **mkwest** » Mon Jul 1, 2013 4:05 am

Chris Paul to accept Clips' extension

Chris Paul is expected to verbally agree to a five-year, $107 million contract extension with the Los Angeles Clippers shortly after the team is able to officially offer it to him, beginning at 12:01 a.m. ET Monday morning, sources have told ESPN.

More On The Clippers

For more news, notes and analysis of L.A., check out the Clippers Report. Blog

Paul's decision to stay with the Clippers is hardly a surprise. The only suspense remaining is when and how he will officially accept. Paul cannot sign his new contract until July 10th but he can agree to terms before then.

Paul tweeted earlier Sunday from the BET Awards in Los Angeles, and thus might not be in position to agree to terms Sunday night. But it won't be long afterwards.

Ramona Shelburne, ESPN Los Angeles

RiversideClips · Post #2 » by **RiversideClips** » Mon Jul 1, 2013 4:10 am

I hope that he verifies his intention so other FA's may want to come & win in L.A. w/ him. Now it is time to call or knock on Matt Barnes house.

Post #3 » by **mkwest** » Mon Jul 1, 2013 4:15 am

RiversideClips wrote:I hope that he verifies his intention so other FA's may want to come & win in L.A. w/ him. Now it is time to call or knock on Matt Barnes house.

They're supposed to be meeting with him soon.

apet8945 · Post #4 » by **apet8945** » Mon Jul 1, 2013 4:24 am

Matt Barnes should absolutely be the next person we talk to.

mttwlsn16 · Post #5 » by **mttwlsn16** » Mon Jul 1, 2013 4:33 am

Apet!!! Wish u would hang here more. Me and Ned are here from the prev site we both got banned at bc of the ridic laker homer mods.
I'm sure Ned would 110% agree

Neddy · Post #6 » by **Neddy** » Mon Jul 1, 2013 5:16 am

hey hey.

apet8945 · Post #7 » by **apet8945** » Mon Jul 1, 2013 5:50 am

mttwlsn16 wrote:Apet!!! Wish u would hang here more. Me and Ned are here from the prev site we both got banned at bc of the ridic laker homer mods.
I'm sure Ned would 110% agree

Haha, yeah I remember. I just kinda lost interest in participating in forums. I mean, I liked the old one we were all in cause it was a small family of Clipper fans. When that went down, I stopped participating. I do ghost through forums a lot though, and may put in my 2 cents from time to time.

Det the Threat · Post #8 » by **Det the Threat** » Mon Jul 1, 2013 3:50 pm

[tweet]https://twitter.com/CP3/status/351723809063190531[/tweet]

azncorruptedo17 · Post #9 » by **azncorruptedo17** » Mon Jul 1, 2013 4:02 pm

i'm glad CP3s back.

my half season tix woulda been a bad investment if he didn't xD lol

Post #10 » by **mkwest** » Mon Jul 1, 2013 5:59 pm

[tweet]https://twitter.com/ArashMarkazi/status/351726717599088641[/tweet]
[tweet]https://twitter.com/ramonashelburne/status/351727435559088128[/tweet]
[tweet]https://twitter.com/ramonashelburne/status/351738617347063810[/tweet]
[tweet]https://twitter.com/ESPNChrisPalmer/status/351735326022184960[/tweet]

Chris Paul announces he will re-sign with Clippers

Paul will sign a maximum five-year deal worth $107.3 million with the Clippers. But the All-Star point guard can’t sign his contract until the NBA lifts its moratorium on July 10.

He’ll earn $18.8 million in the first year of the deal.

NBA executives said it had always been a formality for Paul to remain with the Clippers after the hiring of Doc Rivers as coach and senior vice president of basketball operations with the team last week.

Paul didn’t even talk to any other teams when the free-agency period opened at 9:01 p.m. Sunday.

Brad Turner, LA Times

mj_shoefanatic · Post #11 » by **mj_shoefanatic** » Mon Jul 1, 2013 6:15 pm

<--- the look on my face after hearing the good news!!!

apet8945 wrote:Matt Barnes should absolutely be the next person we talk to.

This

Cane4Ship · Post #12 » by **Cane4Ship** » Mon Jul 1, 2013 7:01 pm

Hi all,

Orlando Magic fan here, but wanted to congratulate you on the re-signing of CP3.

Apologies if this has been discussed already but while reading, CP3 agreed to a $107million contract, I've been hearing the max a player can earn under new CBA ruling (with 5 years) is $118 million, does this mean CP3 took a pay cut of sorts?

Also, does it come along with a opt-out clause (similar to how in the previous CBA)?

Cheers!

Post #13 » by **mkwest** » Mon Jul 1, 2013 7:35 pm

Cane4Ship wrote:Hi all,

Orlando Magic fan here, but wanted to congratulate you on the re-signing of CP3.

Apologies if this has been discussed already but while reading, CP3 agreed to a $107million contract, I've been hearing the max a player can earn under new CBA ruling (with 5 years) is $118 million, does this mean CP3 took a pay cut of sorts?

Also, does it come along with a opt-out clause (similar to how in the previous CBA)?

Cheers!

Check out Larry Coon's CBA FAQ. It tells you everything you want to know about contracts.

A "maximum contract" varies from player to player based on the amount of years in the league and the amount of their previous salary.

In other words, Dwight Howard's potential max salary is greater than Chris Paul's potential max salary.

bulldogcharly · Post #14 » by **bulldogcharly** » Mon Jul 1, 2013 7:42 pm

This is going to be HUGE throughout the rest of free agency. Players we're interested in will be more open to coming here and possibly taking less money after seeing how sure CP3 was he wanted to come back here.

azncorruptedo17 · Post #15 » by **azncorruptedo17** » Mon Jul 1, 2013 8:13 pm

bulldogcharly wrote:This is going to be HUGE throughout the rest of free agency. Players we're interested in will be more open to coming here and possibly taking less money after seeing how sure CP3 was he wanted to come back here.

we? come back here? =X are you claiming to be a clippers fan with a kobe sig? can't have both homeslice.

scratch21 · Post #16 » by **scratch21** » Tue Jul 2, 2013 3:14 am

Chris Paul? never heard of the guy. I hope he's worth it

Quake Griffin · Post #17 » by **Quake Griffin** » Tue Jul 2, 2013 3:27 am

Very happy and very excited. Let's round up this roster next, then Doc coach em up!

Post #18 » by **mkwest** » Tue Jul 2, 2013 3:40 am

mttwlsn16 · Post #19 » by **mttwlsn16** » Tue Jul 2, 2013 3:58 am

Is that actually on staples or a photoshop of Dwight's lol

Post #20 » by **mkwest** » Tue Jul 2, 2013 4:22 am

mttwlsn16 wrote:Is that actually on staples or a photoshop of Dwight's lol

It's a photoshop, but would be hilarious if it was real.