Fly Pelican Fly: Anthony Davis May Sign A $140 Extension With New Orleans

April 28, 2015 0

hi-res-94c58c21b9bf5f44d069a56773431036_crop_north Fly Pelican Fly: Anthony Davis May Sign A $140 Extension With New Orleans

Former Kentucky Wildcat standout Anthony Davis is largely considered the best young talent in the NBA and he could be looking to receive a huge pay day. After leading his young Pelicans teams to their first playoff series with him as the captain, Anthony Davis and the Pelicans are looking at a long term deal that could make Davis one of the highest paid players in the NBA.

According to ESPN,

With star forward Anthony Davis eligible for a contract extension this summer, Pelicans officials plan to be as aggressive as possible in presenting him with a maximum five-year deal that could exceed $140 million, according to league sources.

The exact figures will depend on how much the NBA salary cap actually rises in 2016, but sources told that the Pelicans indeed intend to present Davis with the biggest offer they can once the window for negotiations opens July 1.

The Pelicans would then have until Oct. 31 to convince Davis to sign a five-year deal that makes him their designated player.

Thanks to the league’s most recent salary cap projections — which will spike dramatically when money starts flowing in from the NBA’s new nine-year, $24 billion TV deal that kicks in starting with the 2016-17 season — Davis is on course to be presented with a five-year offer that will eventually top $30 million annually and potentially stray north of the $140 million mark in total value.

If Davis signs the five-year extension, it would also start in 2016-17 and run through his 28th birthday.

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