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Author Topic: Rondo and Celtics Agree to Extension  (Read 14034 times)

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Rondo and Celtics Agree to Extension
« on: November 02, 2009, 03:31:49 AM »

Offline GKC

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From Marc Spears at 3am
http://sports.yahoo.com/nba/news?slug=aw-rondoextension110109&prov=yhoo&type=lgns

The deal is for $55 million over 5 years, though there were no details about extensions, whether or not it is front or backloaded (although most likely back loaded) and whether there will be termination options

Seeing as the Celtics offered about 45 and Rondo wanted near max 65, I think this is a perfect compromise. He's still getting paid less than point guards who he outperforms (Nash, Baron).

I'm just glad this is over and we can focus on continuing to win. And I'm glad we will see Rondo in a Celtic uniform for a few more years

Putting things into perspective, of all the high dollar figure extensions this year given to those who were in their rookie contracts, Rondo is getting paid:

$1 million more a year than Andrea Bargnani
$2 million less a year than Lamarcus Aldridge
$5 million less a year than Brandon Roy

I think it's fair, if not a very good deal for the Celts.
« Last Edit: November 02, 2009, 03:40:30 AM by GKC »
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Re: Rondo and Celtics Agree to Extension
« Reply #1 on: November 02, 2009, 04:08:34 AM »

Offline j804

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Termination options hows that work?

Have to say this is great news!!!!
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Re: Rondo and Celtics Agree to Extension
« Reply #2 on: November 02, 2009, 04:08:42 AM »

Offline jdpapa3

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Everyone throw positive energy into the ring here...

Please don't be another Mark Blount..
Please don't be another Mark Blount...


Seriously , I hope this is very incentive laden after that Doc quote that he's just a young guy just chasing his first big contract...
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Re: Rondo and Celtics Agree to Extension
« Reply #3 on: November 02, 2009, 04:17:40 AM »

Offline Harris34

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Quote from: jdpapa3 on November 02, 2009, 04:08:42 AM
Everyone throw positive energy into the ring here...

Please don't be another Mark Blount..
Please don't be another Mark Blount...


Seriously , I hope this is very incentive laden after that Doc quote that he's just a young guy just chasing his first big contract...

I could be wrong, but Rondo totally doesn't seem the type to do something like that. Blount was always a loafer with the exception of half the season before free agency.
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Re: Rondo and Celtics Agree to Extension
« Reply #4 on: November 02, 2009, 04:43:12 AM »

Offline kw10

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Kool. TP for bringing the awesome news  :D
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Re: Rondo and Celtics Agree to Extension
« Reply #5 on: November 02, 2009, 05:17:10 AM »

Offline thirstyboots18

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Are you sure this is true?  The link doesn't work.
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Re: Rondo and Celtics Agree to Extension
« Reply #6 on: November 02, 2009, 05:17:30 AM »

Offline thebirdman

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A little more than I would have given him but I am not paying so I am happy...

But Rondo needs to step up now! I want to see consistency...
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Re: Rondo and Celtics Agree to Extension
« Reply #7 on: November 02, 2009, 05:17:56 AM »

Offline thebirdman

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Re: Rondo and Celtics Agree to Extension
« Reply #8 on: November 02, 2009, 05:24:44 AM »

Offline thirstyboots18

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Thanks for the new link.  Great news.
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Re: Rondo and Celtics Agree to Extension
« Reply #9 on: November 02, 2009, 06:13:10 AM »

Offline pengaloo

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What a great start for a Monday morning!
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Re: Rondo and Celtics Agree to Extension
« Reply #10 on: November 02, 2009, 06:28:19 AM »

Offline Roy Hobbs

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Assuming the reported numbers are accurate and that he got a typically structured contract (lowest possible initial salary wtih the max 10.5% bump of the first year salary in every year) Rondo's contract looks approximately like this:

2010-11: $9,090,909.09
2011-12: $ 10,045,454.54
2012-13: $ 10,999,999.99
2013-14: $ 11,954,545.44
2014-15: $ 12,909,090.89




« Last Edit: November 02, 2009, 06:56:09 AM by Roy Hobbs »
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Re: Rondo and Celtics Agree to Extension
« Reply #11 on: November 02, 2009, 06:35:47 AM »

Offline greenwise

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Quote from: pengaloo on November 02, 2009, 06:13:10 AM
What a great start for a Monday morning!

Yay!!! Finally it gets done!

Next...Ray?? ::)
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Re: Rondo and Celtics Agree to Extension
« Reply #12 on: November 02, 2009, 06:37:20 AM »

Offline NextCeltic34

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Great news.
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Re: Rondo and Celtics Agree to Extension
« Reply #13 on: November 02, 2009, 06:41:59 AM »

Offline Kwhit10

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Great news. Another thing we don't have to worry about now, very reasonable deal as well.
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Re: Rondo and Celtics Agree to Extension
« Reply #14 on: November 02, 2009, 06:44:37 AM »

Offline ManUp

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Great way to start of my day.

He got Tony Parker money.

Like Parker I think it will turn ou to be worth it.
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