These NBA stars' award snubs just cost them millions – New York Post

The All-NBA announcement came Thursday afternoon and with greater implications than usual: Indiana Pacers forward Paul George and Utah Jazz forward Gordon Hayward needed to make one of the three squads to be eligible for the new designated player extension, which would have given them the chance to secure massive raises in free agency, beyond the stipulations of a normal max contract.

Neither made it.

That means they missed out on a potential five-year, $207 million “supermax” contract extension — and perhaps more importantly for the landscape of the NBA, their middle-tier teams missed out on the best chance to retain them with a megabucks deal.

The news will be welcome to two teams that already had have monumental weeks: the Los Angeles Lakers and Boston Celtics.

The Lakers are widely perceived as the primary suitor for George, either in a trade this summer or in free agency in 2018 — the superstar is reportedly “hell-bent” on wearing purple and gold — and now George has even much less incentive to stick with the Pacers (though Indiana can offer an extra year once he hits free agency).

The Celtics have been rumored to make a run at Hayward during his free agency this summer. Now, a Brad Stevens-Hayward reunion of their Butler days could be in the cards.

Washington Wizards point guard John Wall and San Antonio Spurs forward Kawhi Leonard both became eligible for the designated player extension by making all-NBA teams. For Wall, that equates to a roughly four-year, $168 million deal he could sign this summer; Leonard could ink an approximately five-year, $217 million deal in the summer of 2018, according to The Vertical. The exact numbers depend on how the salary cap stacks up.

The prestigious first team consisted of James Harden, Russell Westbrook, LeBron James, Leonard and Anthony Davis.

The

Read More Here...

This entry was posted in Basketball News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.