Originally Posted by
jumpfreak23
Originally Posted by
HarlemToTheBronx
Originally Posted by welcome2jungle
Espn just reported "Melo stand to lose up to 50 Million if he wait for free agency"
i hope that number isnt real number
Melo agent want to sign that extension asap
How is that possible?
The extension is $65 million/3 years. You mean to tell me the best deal he can get in free agency this summer could be $15 million/3 years?
I think his current contract runs through next season so the extension would kick in the season after. He's got an ETO this season so if he opts for FA, he'd stand to forfeit next year's salary along with the $65M extension. So let's just say his salary next year is $20M, adding that to the $65M extension is $85M/4yrs... that means ESPN is implying the best offer could be $35M/4yrs. Yeah, that $50M projected loss is still damn excessive.