CitySushi
Andrew Wiggin's burner account
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@WiggyRuss
From Marcus Thompson of The Athletic. He reports:
"According to multiple sources, Thompson and the Warriors have already engaged in discussions regarding a contract extension. If the sides agree this offseason, Thompson would not hit the free-agent market for up to another five years.
The most he could get in the first year of an extension is a 120 percent raise. With the highest annual increases allowed, that would put Thompson’s extension at four years and just over $102 million. Add the $18.9 million he is due to make in 2018-19 and Thompson is looking at a maximum five-year salary of $121 million should he sign an extension.
However, Thompson probably understands that the maximum is not really on the table. The Warriors would almost be forced to let him walk if he demanded a new deal averaging $37.6 million per year since Stephen Curry and, presumably, Kevin Durant would be making the maximum. Three maximum salaries — for players in their 30s — and luxury-tax penalties figure to be too high even for the Warriors.
What’s more, two sources said talks have included Thompson taking an extension with an average of around $23 million a year — which would come out to about four years, $92 million, nearly $50 million less than he could get on the open market — and puts his five-year total at $111 million.
The choice between $150 million in a place he doesn’t know or $110 million in a place he knows he loves — it isn’t that hard for Thompson, those close to him say. In the end, he is still set for life financially. And he still has a lucrative deal with China-based shoe company Anta, and other endorsements such as Chocolate Milk and Body Armor, to supplement his NBA salary."
From Marcus Thompson of The Athletic. He reports:
"According to multiple sources, Thompson and the Warriors have already engaged in discussions regarding a contract extension. If the sides agree this offseason, Thompson would not hit the free-agent market for up to another five years.
The most he could get in the first year of an extension is a 120 percent raise. With the highest annual increases allowed, that would put Thompson’s extension at four years and just over $102 million. Add the $18.9 million he is due to make in 2018-19 and Thompson is looking at a maximum five-year salary of $121 million should he sign an extension.
However, Thompson probably understands that the maximum is not really on the table. The Warriors would almost be forced to let him walk if he demanded a new deal averaging $37.6 million per year since Stephen Curry and, presumably, Kevin Durant would be making the maximum. Three maximum salaries — for players in their 30s — and luxury-tax penalties figure to be too high even for the Warriors.
What’s more, two sources said talks have included Thompson taking an extension with an average of around $23 million a year — which would come out to about four years, $92 million, nearly $50 million less than he could get on the open market — and puts his five-year total at $111 million.
The choice between $150 million in a place he doesn’t know or $110 million in a place he knows he loves — it isn’t that hard for Thompson, those close to him say. In the end, he is still set for life financially. And he still has a lucrative deal with China-based shoe company Anta, and other endorsements such as Chocolate Milk and Body Armor, to supplement his NBA salary."
