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deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 12:43 am
by dockingsched
http://www.sltrib.com/sports/ci_9913086According to sources, the extension is for three years with a fourth-year option and will pay Williams the maximum allowed by the NBA's collective bargaining agreement. The earliest Williams would become a free agent would be the summer of 2012.
The exact value of Williams' extension won't be determined under the NBA sets its salary cap next July. But Williams will earn approximately $50 million the first three years and as much as $70 million if he exercises the option.
The Jazz are expected to hold a Friday afternoon news conference to announce the extension.
"I know everybody has worked very, very hard toward reaching an agreement," McClaren said. "It'll be fun to talk about it tomorrow."
Although the Jazz had hoped Williams would agree to a five-year extension, the longest allowable, Williams ultimately decided to follow LeBron James, Dwyane Wade and Chris Paul in opting for the shorter deal.
Williams was concerned about the Jazz's future with Carlos Boozer, Mehmet Okur and Kyle Korver all able to opt out of their contracts and become free agents next summer as well as Jerry Sloan's desire to continue coaching beyond this season.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 12:46 am
by Serpo
Should be around what Paul recived and rightly so.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 2:46 am
by Sloanfeld
Got more than Paul, deservingly so.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 3:02 am
by carrottop12
Well the Jazz just locked themselves into the playoffs for the next 5 years. Knock on wood.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 3:26 am
by Buck You
Deserves every penny.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 5:01 am
by Optimism Prime
Sloanfeld wrote:Got more than Paul, deservingly so.
Correct me if I'm wrong, but aren't extensions offered in terms of percentage increases over current salary? Like, Deron makes more now because he got drafted a pick before Paul, so his extension is naturally going to be a bit larger.
Has nothing to do with player's on-court value, but their contract status.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 6:13 am
by NO-KG-AI
No brainer, great signing.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 8:05 am
by Chubby Chaser
I can see Deron walking in 3 years...
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 8:14 am
by NO-KG-AI
Yeah, he's going to New York, he and Chris Paul are going to fight for the starting spot so they can play next to Wade and LeBron.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 8:21 am
by Lazy Faizy
Hate the Jazz but love D-Will. He deserves it.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 8:41 am
by lukeridenour
nice. deserving.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 9:08 am
by edfmx86
Deron has made me a happy camper, again
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 9:15 am
by Captain_Morgan
Bad signing.
Jazz should start Jason Hart.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 10:51 am
by fivas14
Captain_Morgan wrote:Bad signing.
Jazz should start Jason Hart.
You're a **** idiot....Dumbass ****.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 2:50 pm
by Six_Fore
Chubby Chaser wrote:I can see Deron walking in 3 years...
Wrong. Since 08-09 is the last year from his rookie contract, he can't walk now for at least 4 years. This just sets him up for a bigger payoff at the end of this new contract, he'll be in a Jazz uniform for his entire career.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 3:47 pm
by pace31
As long as we stay in contention he won't leave.
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 8:00 pm
by GameTime_3
Great Signing, Now can they sign Boozer?
Re: deron williams signs maximum offer 3yrs/4th yr PO
Posted: Fri Jul 18, 2008 9:16 pm
by Hard2dhole
Great signing by the Jazz. Jazz are playoff bound for years now.