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.
May 22, 2015, 4:15 PM EDT
Summer League is a perfect place for giving White another look.
May 22, 2015, 3:30 PM EDT
Give some credit to Stephen Curry and Klay Thompson, who got back on defense.
Report: Lakers have ‘big-time’ interest in signing DeMarre Carroll, Celtics and Pistons also in pursuit
May 22, 2015, 2:45 PM EDT
Would they pay him the $15 million per season one NBA executive estimated the Hawks forward could get in free agency?
Report: Tom Thibodeau believed to prefer sitting out next season rather than helping Bulls by accepting trade
May 22, 2015, 2:07 PM EDT
That could leave Magic, Pelicans, Bulls and Thibodeau in a bind
May 22, 2015, 1:28 PM EDT
Which probably means it’s his last in the NBA
Chandler Parsons won’t say whether his surgery was microfracture, might not be ready for training camp
May 22, 2015, 12:50 PM EDT
Tea leaves reading negative for Mavericks
May 22, 2015, 12:13 PM EDT
LeBron James poised for a big game
Report: Lakers not locked into drafting Karl-Anthony Towns or Jahlil Okafor, could pick a guard at No. 2
May 22, 2015, 11:38 AM EDT
That’d be D’Angelo Russell or Emmanuel Mudiay
May 22, 2015, 11:02 AM EDT
Consider it Riley’s revenge
May 22, 2015, 10:25 AM EDT
Is his injury more serious than previously thought?
May 22, 2015, 9:48 AM EDT
May 22, 2015, 9:10 AM EDT
Cavaliers will keep leaning on injured point guard – at least to some degree – anyway
May 22, 2015, 8:31 AM EDT
Barnes all but begged for the chance for a couple years.
May 22, 2015, 8:00 AM EDT
Stephen Curry and James Harden have been putting on a show for a couple games now.
May 22, 2015, 2:17 AM EDT
James Harden has been nothing short of brilliant for two games.
May 22, 2015, 12:06 AM EDT
Harden scores 38 points, just misses triple-double
May 21, 2015, 11:30 PM EDT
Donaghy was sent to prison for betting on NBA games while he was employed as a league official.
May 21, 2015, 10:30 PM EDT
Golden State was rolling early in Game 2.
May 21, 2015, 9:30 PM EDT
The seven-footer may be a top-five selection.
May 21, 2015, 8:30 PM EDT
Thomas is now running New York’s WNBA team, but many feel it’s just a matter of time before he’s back in some capacity with the Knicks.
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