deron williams signs maximum offer 3yrs/4th yr PO

Post #1 » by **dockingsched** » Fri Jul 18, 2008 12:43 am

http://www.sltrib.com/sports/ci_9913086

According 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.

Serpo · Post #2 » by **Serpo** » Fri Jul 18, 2008 12:46 am

Should be around what Paul recived and rightly so.

Sloanfeld · Post #3 » by **Sloanfeld** » Fri Jul 18, 2008 2:46 am

Got more than Paul, deservingly so.

carrottop12 · Post #4 » by **carrottop12** » Fri Jul 18, 2008 3:02 am

Well the Jazz just locked themselves into the playoffs for the next 5 years. Knock on wood.

http://www.last.fm/user/DPF55 · Post #5 » by **Buck You** » Fri Jul 18, 2008 3:26 am

Deserves every penny.

Post #6 » by **Optimism Prime** » Fri Jul 18, 2008 5:01 am

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.

Post #7 » by **NO-KG-AI** » Fri Jul 18, 2008 6:13 am

No brainer, great signing.

Chubby Chaser · Post #8 » by **Chubby Chaser** » Fri Jul 18, 2008 8:05 am

I can see Deron walking in 3 years...

Post #9 » by **NO-KG-AI** » Fri Jul 18, 2008 8:14 am

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.

Lazy Faizy · Post #10 » by **Lazy Faizy** » Fri Jul 18, 2008 8:21 am

Hate the Jazz but love D-Will. He deserves it.

lukeridenour · Post #11 » by **lukeridenour** » Fri Jul 18, 2008 8:41 am

nice. deserving.

edfmx86 · Post #12 » by **edfmx86** » Fri Jul 18, 2008 9:08 am

Deron has made me a happy camper, again

Captain_Morgan · Post #13 » by **Captain_Morgan** » Fri Jul 18, 2008 9:15 am

Bad signing.

Jazz should start Jason Hart.

fivas14 · Post #14 » by **fivas14** » Fri Jul 18, 2008 10:51 am

Captain_Morgan wrote:Bad signing.

Jazz should start Jason Hart.

You're a **** idiot....Dumbass ****.

:lol:

Six_Fore · Post #15 » by **Six_Fore** » Fri Jul 18, 2008 2:50 pm

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.

pace31 · Post #16 » by **pace31** » Fri Jul 18, 2008 3:47 pm

As long as we stay in contention he won't leave.

Post #17 » by **GameTime_3** » Fri Jul 18, 2008 8:00 pm

Great Signing, Now can they sign Boozer?

Hard2dhole · Post #18 » by **Hard2dhole** » Fri Jul 18, 2008 9:16 pm

Great signing by the Jazz. Jazz are playoff bound for years now.