This comes from Real GM and I've read it elsewhere about the new CBA rules (I thought this wasn't apart of the new CBA but apparently it is?):
If Paul is successful in getting an extend-and-trade deal, he would only be permitted to sign a one-year extension as opposed to the three-year extension signed by Carmelo Anthony last February.
If Paul tests free agency, he would stand to lose up to $26 million if he turned down the Hornets’ maximum five-year, $100 million offer. The most Paul could earn from another team is a four-year, $74 million contract.
If this is accurate it makes no sense for CP3 to do a sign and trade. The fact of the matter is, wherever he ends up by the end of this season is most likely where he will end up long term. No sense to extend for a year now. I think DA should roll the dice IF New Orleans is willing to work out a deal. He'd have to take a massive cut to go anywhere else but Boston if he ends the year here. Not to mention a year here with a shot at the title and then coming to the realization we have the cap space to build around him next year. I guess its also rationale for NO to think about holding onto him?
Thoughts?