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Extension Notes: Giddey, Green, Gobert, Gordon

October 23, 2024 by Hoops Rumors

Noting that Bulls guard Josh Giddey was among the top rookie scale extension candidates who didn’t sign a new contract before Monday’s deadline, ESPN’s Brian Windhorst said in the latest episode of The Hoop Collective podcast (YouTube link) that the two sides didn’t seem to gain any real traction in their negotiations ahead of the regular season.

“From what I understand, there were never really any meaningful negotiations there, which was a surprise to me,” Windhorst said. “I thought the Bulls were going to be under some amount of pressure to get him done because they had traded Alex Caruso for him.”

Giddey will now be on track for restricted free agency in 2025, with the Bulls getting the opportunity to evaluate him for a year before deciding how significant an investment they want to make in their new point guard.

Meanwhile, Windhorst and his podcast guest Bobby Marks singled out the unusual extension that Jalen Green signed with the Rockets – which gave him a third-year player option and a 10% trade kicker – and suggested that the unique terms of the deal signal that Green could become a trade candidate before his contract expires.

“This is a contract that a lot of people in the league think was signed for the option to be traded,” Windhorst said, adding that the 10% trade kicker was the biggest one handed out in any of this week’s extensions. “I’m not saying the Rockets are definitely going to trade him. I’m just saying this contract was designed to allow him to be traded.”

Here are a few more notes on the contract extensions that were completed this week:

  • Discussing his new three-year, $110MM agreement with the Timberwolves, Rudy Gobert said he didn’t want to be too “greedy” in negotiations and that he wanted the team to maintain some spending flexibility after locking him up, according to Chris Hine of The Minneapolis Star Tribune. As part of the deal, Gobert declined a $46.7MM player option for 2025/26 and will replace it with a cap hit that comes in $10MM+ below that. “It’s about finding balance,” Gobert said. “Every year, every time I sign a contract I always try to leave a little bit for the team, be able to realize that I’m grateful being able to earn what I’m earning coming from where I come from.”
  • Aaron Gordon made a similar concession in his extension with the Nuggets, picking up a $22.84MM player option for 2025/26 as part of the deal and allowing the team to put off his 40% raise until ’26/27. Gordon, who said he was “ecstatic” to finalize a long-term deal with Denver, referred to the extension as a “win-win” for him and the team, according to Bennett Durando of The Denver Post. “Playing alongside Joker (Nikola Jokic), Jamal (Murray), MPJ (Michael Porter Jr.), and being coached under Mike Malone, what more can you ask for?” Gordon said. “From the moment that I got here, Mike Malone has put me in a position to succeed and flourish. He’s put me in the right place, and he’s encouraged me to just be myself, and he’s coached me and allowed me to be myself. So to be coached under him is a great thing. And then just playing alongside these great players and continuing to build a friendship, a bond, a brotherhood, and a team, I’m really excited for it.”
  • John Hollinger of The Athletic takes a deep dive into the extensions signed this week and considers which teams made out the best and which clubs were smart to hold the line. Hollinger called the Rockets‘ five-year, $185MM deal with Alperen Sengun a “home run” for Houston and lauded the Pelicans for locking up Trey Murphy on a four-year, $112MM extension.

Filed Under: Bulls

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