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.
Jul 30, 2014, 1:30 AM EDT
Cavaliers guard says initial response stemmed from his straightforward approach, confidence
Jul 30, 2014, 12:30 AM EDT
Collective Bargaining Agreement limits offseason charity games to United States and Canada
Jul 29, 2014, 11:33 PM EDT
Union voted in Michele Roberts instead
Jul 29, 2014, 10:33 PM EDT
Popovich signed contract extension with Spurs this offseason
Jul 29, 2014, 9:44 PM EDT
“That 2010 team was one of the best experiences I’ve ever had. I think we have a team that’s even better.” —Kevin Durant
Jul 29, 2014, 8:50 PM EDT
Orlando reportedly plans to send former Pistons point guard to D-League
Kevin Durant knows you’re talking about his free agency but isn’t giving many clues. He liked what LeBron did.
Jul 29, 2014, 7:51 PM EDT
“I just tell everybody that I’m here in Oklahoma City, I love it here. Who knows what will happen.” —Kevin Durant on his 2016 free agency.
Jul 29, 2014, 7:11 PM EDT
Bledsoe reportedly resents how differently Pistons, Jazz and Rockets treated their restricted free agents
Jul 29, 2014, 6:22 PM EDT
CSKA-Moscow wants to poach Scott from Atlanta Hawks
Jul 29, 2014, 5:37 PM EDT
Johnson gets NBA contract after eventful summer league
Jul 29, 2014, 4:55 PM EDT
I’m not sure Love is taking advice from Minnesota right now
Jul 29, 2014, 4:11 PM EDT
Lakers introduce Scott as new coach in press conference
Jul 29, 2014, 3:24 PM EDT
Rose said he was disappointed but he understands ‘Melo’s decision.
Jul 29, 2014, 2:22 PM EDT
Want to see LeBron strip down to his underwear?
Jul 29, 2014, 1:44 PM EDT
Lakers guard confirms he’s planning on retirement
Jul 29, 2014, 1:11 PM EDT
Donald Sterling isn’t going away, but he’s pretty much done as the Clippers owner now.
Jul 29, 2014, 12:28 PM EDT
Yes, you read that headline correctly
Jul 29, 2014, 12:22 PM EDT
The question with Cousins is never talent, but his maturity seems to be there.
Jul 29, 2014, 11:44 AM EDT
Jason Kidd or Byron Scott could hire former Seattle SuperSonic
Jul 29, 2014, 11:11 AM EDT
Irving wouldn’t get full 30 percent of adjusted salary cap by triggering Derrick Rose rule
- Durant says 2014 USA team better than 2010 version that won gold 4
- Kevin Durant knows you’re talking about his free agency but isn’t giving many clues. He liked what LeBron did. 16
- Byron Scott makes ridiculous optimism sound reasonable 40
- Derrick Rose told Carmelo Anthony that if he came to Chicago “the game would be easy” 40
- LeBron James strips on stage, throws clothes into crowd (video) 23
- Is DeMarcus Cousins the big man Team USA can lean on? 19
- Lakers make it official — finally — and hire Byron Scott as head coach 13
- Derrick Rose: “I’ve become a smarter player, but I’m mad it took me seven years to learn it.” 29