according to the desnews... Jazz and D-Will agree to deal.
by Ute Awe Man
on Jul 17, 2008 3:41 PM MDT
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There will be a press conference tomorrow. Seems to be good news...
The Utah Jazz and point guard Deron Williams will make an announcement of agreement on a contract extension during a news conference that will be held Friday.
"There's going to be a great announcement tomorrow afternoon in Salt Lake City," said Williams' agent, Bob McClaren, from his Houston office. "One that will make everyone happy, I think."
The Jazz and Williams' camp have been discussing an extension on Williams' rookie contract since the negotiating period for doing so opened July 1. Length of the extension is not known but Williams is thought to have been contemplating a three-year extension that would begin in the 2009-10 season and include a player option on a fourth season of extension while the Jazz were hoping to extend him for the full five years allowable.
A max money contract, based on the projected $60 million team payroll salary cap, would start at $15 million per season for Williams with incremental 10.5 percent raises. A full five-year extension would be worth about $90 million. Jazz owner Larry H. Miller previously has stated he considers Williams to be a max-money player.
"We really do think the best is yet to come for the team and Deron," McClaren said. "It should be fun for the next several years."
All comments are the opinion of the commenter and not necessarily that of SLC Dunk or SB Nation.
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so how much did craig millers announcement have to do with this? seems like too much of a coincidence to me.
by Basketball John on
Jul 17, 2008 4:12 PM MDT
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Oh yeah,
nothing but the max money for D-Will.
Cuba Si! Yanqi No!
by Patrick517 on
Jul 17, 2008 5:43 PM MDT
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I’d be kind of disappointed if it were only for 3 years with an option. A star PG is the kind of player that you need to lock up for as long as possible.
by Vromanite on
Jul 17, 2008 5:08 PM MDT
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around 70 mil?
supposedly its a 3 yr deal w/ a 4th yr option..looks like we’ll be shopping next summer for a pf unless we drop ak47 into that spot so he can return to his block party days and not be utahs interior defense with loozer and okurred-to-be-sleeping waitin to shoot…hopefully with the younger blood we can start gettin some real defenders in the paint back in utah…
by UtonganKidInCali on
Jul 17, 2008 5:18 PM MDT
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I'm pretty sure it's three years w/option
Chris Paul already set that precedent with his deal, the new collective bargaining agreement in 2012 will most likely allow for more money, and I’m sure D-Will prefers his flexibility. It’s shorter than we would like, as Jazz fans, but it makes the most sense for Deron, by far.
I'll make it.
by Shums on
Jul 17, 2008 5:20 PM MDT
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check the sltrib
it has the info on the website about the deal…looks like we got a leak
by UtonganKidInCali on
Jul 17, 2008 5:24 PM MDT
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here we go
Jazz: Williams agrees to three-year deal, with option for fourth, worth as much as $70 million
Ross Siler
The Salt Lake Tribune
by UtonganKidInCali on
Jul 17, 2008 5:26 PM MDT
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Nothing to worry about
As has been mentioned here and other places, a three year deal with a player option isn’t the end of the world. And of course for Deron, it’s the best possible deal for him. We can still give him more money when this contract is up. The only thing that I believe that would cause him to leave would be is 1) The team around him isn’t going anywhere. 2) Somehow he gets pissed off by the Jazz or they insult him with a low ball offer for the next deal. 3) Or he decides that he wants a bigger stage.
This will be the trend for superstars in the future. Economically, there’s no better option. You play your rookie contract. Sign a three-year deal that takes you to your seventh year in the league. Then you sign the max contract that takes you into your mid to late thirties when everyone considers you on the downside of your career. You’re set. And then at 35 or 36, you’re financially set (as if you weren’t already). And you can choose where and what you want to do for the rest of your career. Still haven’t won a championship? Sign with a contender for the league minimum. Do you want to get a four-year deal from a team desperate to bring on a big name star? You’re set.
It’s what all the kids are doing now. And there’s no sane reason why a superstar would do anything less. If you’re a rotation player, then sure, you sign for the max years and max money that you can get because you don’t know what will happen next. But for the Williamses, LeBrons, Wades, and Pauls of the league, you’re in control.
The only risk is injury if you don’t sign the long-term deal. But unless it’s Jayson Williams-like, you’ll still get a chance to play because of your name.
by Basketball John on
Jul 17, 2008 6:33 PM MDT
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Agreed
I’m with Shums.. This is the trend for young ball players now. I would’ve been utterly shocked to see him sign for longer. I’m just glad we have him for at least four more years. Hopefully the Jazz brass with continue to put players around him that will enable this team to compete for years to come. It’s good to have you on board, D-Will!
by neff on
Jul 18, 2008 12:53 PM MDT
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I meant 'will continue'
not ‘with.’ I apologize for the error. I am aware of the high standard of grammar that us posters are known for.
by neff on
Jul 18, 2008 12:56 PM MDT
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Great news.
One less thing to worry about for next year.
Hey, everyone. New guy here. Hi.
Before each game, please remember to feed the bats.
by Cool Hand on
Jul 17, 2008 11:47 PM MDT
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Welcome to the Dunk
Good to see another BCBer.
by Basketball John on
Jul 18, 2008 12:11 AM MDT
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Awesome.
Yeah, that’s how I infiltrated SB Nation…Al runs a great show over there.
Glad to be here, where I can find out the latest and greatest about what the team is doing. I’ve had to rely on ESPN up until this point, and you can imagine how well that worked.
Before each game, please remember to feed the bats.
by Cool Hand on
Jul 18, 2008 4:47 AM MDT
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