May 15, 2014, 1:59 PM EST
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.
Dec 17, 2014, 11:46 PM EST
He walked off under his own power but did not return.
Dec 17, 2014, 11:33 PM EST
Rockets, Kings and Knicks also reportedly inquiring about Celtics point guard
Dec 17, 2014, 10:25 PM EST
In related news, Hornets got a ton of public funding to upgrade arena
Dec 17, 2014, 9:30 PM EST
Rapper dubs Kyle Lowry ‘baby-faced assassin’
Dec 17, 2014, 8:35 PM EST
Trail Blazers guard would be a perfect fit in Cleveland
Dec 17, 2014, 7:39 PM EST
The offers are not going to be big, will Stan Van Gundy eventually give in and take one?
Dec 17, 2014, 6:18 PM EST
He is more likely to be moved than Rondo.
Dec 17, 2014, 5:31 PM EST
There are no good answers for the Bucks, or for other rookies to reward.
Dec 17, 2014, 5:06 PM EST
More serious talks doesn’t mean a deal is near.
Dec 17, 2014, 4:03 PM EST
The Kings roster is poorly suited right now for the style the owner wants to play.
Dec 17, 2014, 3:12 PM EST
Blazers fans will get to see more Chris Kaman.
Dec 17, 2014, 2:30 PM EST
Portland also reportedly tried to trade for Monroe before he signed the one-year qualifying offer to stay in Detroit.
Dec 17, 2014, 1:50 PM EST
Former Baylor University center was expected to be drafted, but was diagnosed with a disease that prematurely ended his chances of playing in the NBA.
Dec 17, 2014, 1:10 PM EST
Wade has a reputation of being a flopper, and appeared to exaggerate the contact from the official.
Dec 17, 2014, 12:30 PM EST
He pities ‘Melo because a real competitor is suffering through a lot of losing.
Dec 17, 2014, 11:50 AM EST
Love is suffering from the dreaded flu-like symptoms.
Warriors’ Andre Iguodala hilariously mocks referee for not calling a blatant travel, picks up technical foul (VIDEO)
Dec 17, 2014, 11:10 AM EST
Iggy does the Travel Dance.
Dec 17, 2014, 10:30 AM EST
Peja was a three-time All-Star, and a member of the only good team Sacramento has had in its franchise history.
Dec 17, 2014, 9:50 AM EST
Durant joins Paul George as players who renounce the nonsensical report that emerged earlier in the season.
Dec 17, 2014, 9:09 AM EST
Prior relationships Jackson has with Kings brass may make this an obvious choice for Sacramento as the team searches for its next head coach.
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