Diaw agrees to 5-Year, $45 Million Extension

Discussion in 'Phoenix Suns' started by Chutney, Oct 20, 2006.

  1. Chutney

    Chutney MON-STRAWRRR!!1!

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    <div class="quote_poster">Quote:</div><div class="quote_post">PHOENIX (AP) -- Boris Diaw has agreed to a five-year contract extension with the Phoenix Suns.

    Diaw confirmed the agreement after the Suns beat Sacramento in a preseason game on Thursday night. He did not comment on the terms, but a source told The Associated Press it was worth $45 million.

    "We didn't sign anything yet but we're going to make it tomorrow," Diaw said.

    The Suns scheduled a 4 p.m. EDT news conference for Friday.

    The deal was finalized Thursday, according to a person with knowledge of the situation, who asked not to be identified because the team was not scheduled to officially announce the extension until Friday.

    The agreement will keep the 6-foot-8 forward under contract through the 2011-12 season. It was first reported by Phoenix radio station XTRA Sports late Thursday afternoon. </div>
    http://http://sports.yahoo.com/nba/news;_y...ov=ap&type=lgns

    Looks like he settled for 9 mill a year.
     
  2. Skiptomylue11

    Skiptomylue11 JBB JustBBall Member

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    Next year the Suns will have a 73.5 mill in guaranteed salaries.

    49 mill is in 4 players
    16 in Marion
    11 in Nash
    12 in Amare
    9 in Diaw
     
  3. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    Kurt Thomas likely gets dealt before next season. The Suns also get the Hawks 1st round pick next year (top 3 protected.) Salar capwise, they should be fine for next season.

    This was a fair contract for Diaw, he deserved a deal between $8M to $9M, I'm sure both sides are happy to get this out of the way.
     
  4. emannen

    emannen JBB JustBBall Member

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    <div class="quote_poster">shapecity Wrote</div><div class="quote_post">Kurt Thomas likely gets dealt before next season. The Suns also get the Hawks 1st round pick next year (top 3 protected.) Salar capwise, they should be fine for next season.

    This was a fair contract for Diaw, he deserved a deal between $8M to $9M, I'm sure both sides are happy to get this out of the way.</div>

    Kurt Thomas is in the last year of his contract making a little over $8 million so he will most likely not get dealt.

    Salary cap wise the Suns will have over $70 million allocated to 10 players. I believe they will be over the cap. They should recieve an exceptional 1st round selection, probably a big man to replace Thomas.
     
  5. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    <div class="quote_poster">emannen Wrote</div><div class="quote_post">Kurt Thomas is in the last year of his contract making a little over $8 million so he will most likely not get dealt.

    Salary cap wise the Suns will have over $70 million allocated to 10 players. I believe they will be over the cap. They should recieve an exceptional 1st round selection, probably a big man to replace Thomas.</div>

    According to Hoopshype, Kurt is signed for next year as well.
     
  6. *Scotch

    *Scotch JBB JustBBall Member

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    Glad they took care of this before the season started. Now Diaw can have his full attention on the game rather then personal stats and impressing teams for further contract considerations, which inevitably might have pressured his performances.
     
  7. Moo2K4

    Moo2K4 NBA West Producer

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    In my opinion, that's a tad too much for him. He's only done it for one season. I'd have given him a shorter contract for a little less just to make sure he's not a one year wonder.
     
  8. rafy

    rafy JBB JustBBall Member

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    <div class="quote_poster">Moo2K4 Wrote</div><div class="quote_post">In my opinion, that's a tad too much for him. He's only done it for one season. I'd have given him a shorter contract for a little less just to make sure he's not a one year wonder.</div>

    My thoughts exactly.

    Though, there is no denying he is an important piece of the franchise.
     
  9. Squishface

    Squishface JBB Ministering Fools

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    <div class="quote_poster">rafy Wrote</div><div class="quote_post">My thoughts exactly.

    Though, there is no denying he is an important piece of the franchise.</div>

    He's important sure, but so far he's only been important to one version of this franchise, and since the franchise has seen several different (and at least semi-successful) molds in the last decade, I'm not sure how much he's really worth.

    At least you know he's not get traded any time soon, because no one's taking on this contract.
     

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