There does not seem to be an extension coming for forward Grant Williams, sources said. And it’s believed the Suns have interest in Derrick White. However, Boston just sent a first-round pick plus a future pick swap to San Antonio for his services in February. The Celtics aren’t involved in Crowder’s trade situation at this time either, sources said.
Source: Jake Fischer @ Yahoo! Sports
basically a whole lot of nothing
Season starts in a week. Rob signed his extension last August. Do you think it’s likely that Grant accepts one at this point?
I'd say it's 50-50. Jaylen got his extension done the last day or so before his deadline. Just because it hasn't happened yet doesn't mean it won't. Payton Pritchard hasn't had his option picked up for next season either -- do you think that will happen?
I’d assume the Celtics would pick up Payton’s $4M option, but I’m not sure how that is relevant to Grant agreeing to an extension. Payton has no say in whether the team picks up his option. It’s not an ongoing negotiation like it is with Grant.
The point is that these extensions and options often come in at the last minute, even the relatively obvious ones. Sure, that didn’t happen with Rob, but it was surprising and felt like an outlier. That Grant hasn’t signed yet doesn’t move the odds that much from where they were a few weeks ago, which always felt like 50-50.
A ton of players have already signed extensions this off-season, most recently McCollum, Nance Jr, and Adams. Doesn’t seem like they are “often” happening last minute. Just the opposite.
Rookie extensions are different than veteran extensions, which are all the ones you’ve cited. Max rookie deals get done quickly, non-max typically wait. In addition to Grant, here are some other names who are in conversation for extensions:
DeAndre Hunter
Coby White
Cam Johnson
PJ Washington
Matisse Thybulle
Brandon Clarke
Darius Bazley
Jordan Poole
Kevin Porter Jr.
Not all of those above, Grant included, will sign extensions. But it’s a safe bet that some will.
Exactly, last year 5 rookie contract guys extended on deadline day.
These are tough negotiations.
The player wants to maximize their value and get stability. If they feel shorted they can bet on themselves and go to RFA.
If the teams feel shorted they can decline because of the rights of first refusal provided by RFA.
That’s a pretty short list considering the number of players that are drafted each year. I don’t see why a rookie extension would be a tougher negotiation than a veteran one. So the Vet’s aren’t looking to maximize their value/financial stability? Could be their last pay day, so I would think they’d want to hold out for as much as possible.
1st rounders have an extension deadline of next week. 2nd rounders do not. Most veterans do not. So the list above includes 1/3 of the 2019 1st round class. But not even the entire class is eligible, because they either signed in 2020 or have been released at some point in their careers/had their 4th year option not picked up. I probably should have added Hachimura to the list above — I skimmed too quickly. But only 25 players entered this off-season being eligible for a rookie extension, and one was just released last week (Ty Jerome) bringing it to 24. 6 have signed, I’ve now listed 11 more — that’s 3/4 of the eligible players. How much longer do you want the list to be?
Anyway, a rookie negotiation is tougher than a vet one because of both the deadline and the contracts can be more varied. Vet extensions have limited pay raises — generally no more than 20% from the last year of the current contract. Any incentives from the last contract are carried over, the amount can change by no more than 20%, and new ones can’t be introduced. If a vet is due for a massive pay raise, the conversations are short, because one can’t be given. So you’re dealing with a pool of players who are paid something already near their worth, and don’t have to worry about incentives or other contract details. Accordingly, they’re easier, because it’s clear pretty early in if you might get something done. Rookies can be paid up to 25% of the salary cap, with all kinds of incentives. There is more to negotiate, the contracts are more based on projection, and the deadline is tighter. They are simply more difficult than veteran extensions.