May 15, 2014, 1:59 PM EDT
By January of the Trail Blazers’ surprising breakthrough season, he was talking about signing a contract extension.
But with one season and $16,006,000 remaining on his contract, Aldridge probably won’t follow through with that option.
Thus it’s believed that Portland will have to wait until after Aldridge plays out the final season of his contract at just over $16 million and hits free agency
This makes total sense, because the Collective Bargaining Agreement limits how much money Aldridge could make on an extension relative to a new contract a year from now.
Using the NBA’s latest salary-cap projection and a crude projection for 2015-16 that has the cap rising by the same amount as it’s expected to rise from 2013-14 to 2014-15 ($4,521,000), here are the maximum salaries Aldridge could receive from the Trail Blazers.
An extension signed this offseason is black. A new contract next summer is red.
That is a whopping difference.
Aldridge could sign a three-year, $55,490,801 extension this summer.*
As a free agent in 2015, he could sign a five-year,
$127,290,716 $109,106,328 contract.
*In the unlikely event Aldridge signs an extension, he’d surely wait until July 1. Prior, the extension could be for only two years and $35,703,384. There’s no point in rushing the extension by June 30. Even after July 1, he could always still sign a shorter deal.
Of course, waiting a year comes with risk.
Aldridge finished in the top 10 of MVP voting and led the Trail Blazers further into the playoffs than they’ve been in 14 years. His stock has never been higher.
Turning 29 this summer, he could regress a bit and see his value fall. So, an extension this offseason – when he could surely get the maximum possible – would be the safest route.
But, even if Aldridge doesn’t get the max next offseason – and I’d guess he won’t – there’s enough margin for error between those red and black lines to make waiting the best option.
I don’t doubt Aldridge wants to stay in Portland – though, by waiting to re-up, there’s always a chance his loyalties could be swayed – and him not signing an extension doesn’t indicate a desire to leave. It’s purely about maximizing his earnings.
Aug 21, 2014, 12:10 PM EDT
Being Jeremy Lin’s parent must be an interesting experience. What do you say to him to correct him.
Aug 21, 2014, 11:30 AM EDT
It’s a great move, one Irving pulls off almost ever game.
Aug 21, 2014, 10:45 AM EDT
Patience is the right play here. And patience is never popular with any fan base.
Aug 21, 2014, 10:15 AM EDT
Coming back off foot surgery, this is a good thing.
Aug 21, 2014, 9:45 AM EDT
Blatt can coach, but if it takes a season for the Cavaliers to find their identity (as it did with LeBron in Miami) will he get the chance to stick around for it?
Aug 21, 2014, 9:16 AM EDT
If you’re now rebuilding in Minnesota, why trade Bennett?
Aug 21, 2014, 8:44 AM EDT
Drummond is still a likely cut,
Aug 21, 2014, 8:00 AM EDT
It’s all business for KD with Roc Nation getting in the act.
Aug 21, 2014, 1:33 AM EDT
He also was a scoring machine at the showcase in Las Vegas.
Aug 20, 2014, 11:15 PM EDT
16 players will practice and be available for Friday’s game against Puerto Rico, but the roster needs to be trimmed to 12 in advance of the FIBA World Cup.
Aug 20, 2014, 8:44 PM EDT
Rose hasn’t practiced since playing 24 minutes in Saturday’s win over Brazil.
Aug 20, 2014, 7:15 PM EDT
Stephen Curry says yes, Kevin Durant says no.
Aug 20, 2014, 6:19 PM EDT
Nedovic had hoped to play for Serbia, but couldn’t get medical clearance.
Aug 20, 2014, 5:07 PM EDT
Video game Curry doesn’t come close to shooting as well as the real life version.
Aug 20, 2014, 4:12 PM EDT
If Bledsoe decides to play for the qualifying offer, he’ll almost certainly bolt as an unrestricted free agent next summer.
Aug 20, 2014, 2:59 PM EDT
Aug 20, 2014, 2:04 PM EDT
Strangest comparison ever. And pretty accurate.
Aug 20, 2014, 1:01 PM EDT
Photo is excellent.
Aug 20, 2014, 12:09 PM EDT
Miami could use the depth, but at this point the pickings are slim.
- Derrick Rose says he’ll play Friday vs. Puerto Rico 4
- Report: Don’t be so sure on Anthony Bennett to Philadelphia rumors 19
- Report: Nike gets chance to match 10-year, $265 million offer to Kevin Durant from Under Armour 12
- Should NBA coaches get NFL style challenge flags? 18
- Report: Suns discussing trade possibilities for Eric Bledsoe 31
- Report: Sixers may look to trade for Amar’e Stoudemire at this season’s deadline 32
- Kevin Durant reiterates that rest was his reason for withdrawing from Team USA 10
- Kobe Bryant says he will not be same player as before, says he’s evolved into something equally good 25