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.
Oct 20, 2014, 12:26 AM EDT
Kobe Bryant reaches, Alec Burks teaches.
Oct 19, 2014, 11:37 PM EDT
Taj Gibson knows how to finish.
Oct 19, 2014, 10:00 PM EDT
Tom Thibodeau is not the yoga type.
Oct 19, 2014, 8:30 PM EDT
LeBron James, Kyrie Irving and Kevin Love will take the floor together for the first time since the preseason opener.
Oct 19, 2014, 7:01 PM EDT
Experimental preseason game between Nets and Celtics took place Sunday.
Oct 19, 2014, 6:30 PM EDT
Things feel a little different in Miami.
Oct 19, 2014, 5:00 PM EDT
Parker wants the league to spread out the regular season over more weeks.
Oct 19, 2014, 3:30 PM EDT
Hollins won’t adjust starters minutes as he coaches the Nets during the experimental game Sunday.
Oct 19, 2014, 2:00 PM EDT
“Akron” celebrates James’ homecoming.
Oct 19, 2014, 12:30 PM EDT
The Knicks star says the biggest issue for players is the amount of consecutive games they play.
Kawhi Leonard to miss remainder of preseason due to infection, availability for opening night in question
Oct 19, 2014, 11:00 AM EDT
Popovich had legitimate reasons for holding him out.
Oct 19, 2014, 9:30 AM EDT
Oct 19, 2014, 8:00 AM EDT
Anthony should have more help than in the recent past, but he’ll need to score plenty in order for his team to have a shot.
Oct 18, 2014, 11:00 PM EDT
Olajuwon is employed by the Rockets, and has been working with Howard the last two summers.
Spurs’ Gregg Popovich fires back at Suns owner’s apology: ‘I’m just surprised he didn’t do it in a chicken suit’
Oct 18, 2014, 9:30 PM EDT
Popovich goes deep, referencing an incident that occurred back in 2005.
Oct 18, 2014, 8:00 PM EDT
Parker is the favorite to win Rookie of the Year honors.
Oct 18, 2014, 6:30 PM EDT
Bryant can still get up.
Oct 18, 2014, 5:00 PM EDT
Celtics have too many guaranteed contracts, and are already set at Bynum’s position.
NBA announces groundbreaking partnership to implement basketball development curriculum in Chinese schools
Oct 18, 2014, 3:30 PM EDT
Huge step in increasing the game’s popularity on a global scale.
Oct 18, 2014, 2:00 PM EDT
Of course that’s not going to happen.
- NBA’s 44-minute game clocks in at under two hours, players barely notice 0
- Nets coach Hollins on 44-minute game: ‘The change will be for the guys who don’t start’ 9
- Spurs’ Gregg Popovich fires back at Suns owner’s apology: ‘I’m just surprised he didn’t do it in a chicken suit’ 6
- Blake Griffin goes after Trevor Booker following flagrant foul, says he may retaliate in the future (VIDEO) 30
- Suns coach Hornacek says shortening games won’t help teams rest their stars 2
- Lakers coach Byron Scott’s philosophy on three-pointers: ‘I don’t believe it wins championships’ 33
- Accounting for Klay Thompson choosing a contract extension over new-TV-deal money 2
- Kobe Bryant calls ESPN voters who ranked him No. 40 ‘idiots’ 34