Soul Rebel wrote:Can we afford to extend Terry, while also.....
- Continue paying Hayward
- Re-sign Monk
- Sign or trade for a center this offseason
Based on this, the max extension we can offer Terry in the upcoming season is a contract starting at $17.9M * 120% = ~ $21.5M starting, with max raises, a 4 year deal comes out to 4/$96.3M. We would be paying him roughly $27M in his age 31-32 season if we did that. As well as Terry is playing, I would really hesitate on that. Maybe if that 4th year is unguaranteed or has a team option?. But it would not affect our books this upcoming season, it would take effect in 2022.The salary in the first year of a veteran extension may be any amount up to 120% of the player's previous salary6, or 120% of the estimated average salary (see question number 31), whichever is greater, but no more than the player's maximum salary in that season (i.e., the maximum salary the player can receive if he were to sign a new contract that year as a free agent -- see question number 23).