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Celtics will be in rebuild mode in 2012, good luck with building around Rondo.
http://sports.yahoo.com/nba/news;_yl...yhoo&type=lgns
Celtics give Rondo $55 million extension
By Marc J. Spears, Yahoo! Sports
7 hours, 19 minutes ago
Buzz up! PrintThe Boston Celtics and Rajon Rondo(notes) have reached an agreement in principle on a contract extension, Rondo’s agent, Bill Duffy, said early Monday.
League sources said the extension is for five years and guarantees Rondo at least $55 million. With the two sides facing a Monday deadline to get a deal done, Duffy said he called Celtics president Danny Ainge on Sunday to inform him Rondo was prepared to play out his contract and become a restricted free agent next summer because they weren’t satisfied with the team’s previous offers. Ainge, however, surprised Duffy by responding that Rondo’s contract hopes would be met.
“As much as we were willing to wait his contract out, the Celtics stepped up to the plate to meet the original request,” Duffy said by phone. “This is a really fair contract. We wanted him to be paid like one of the top five point guards around. It also allows the Celtics to maintain continuity to continue to be one of the best teams at this time.”
Rondo, 23, averaged 11.9 points, 8.2 assists and 5.2 rebounds for the Celtics last season, and had a terrific playoff run. He was drafted by the Phoenix Suns with the 21st pick in the 2006 draft before his rights were traded to Boston.
Had the Celtics not extended Rondo’s contract, he likely would have become the top point guard in a heralded free-agent class next summer that will include LeBron James(notes), Dwyane Wade(notes) and Chris Bosh(notes). Because Rondo would have been a restricted free agent, the Celtics would have had the right to match any offer sheet he signed with another team.
With the Celtics’ four other marquee players all in their 30s – Paul Pierce(notes) (32), Kevin Garnett(notes) (33), Ray Allen(notes) (34) and Rasheed Wallace(notes) (35) – Rondo’s extension makes him an important piece of the franchise’s future.
Rondo’s new deal averages $11 million a season, the same amount San Antonio Spurs All-Star point guard Tony Parker(notes) earned when he signed a six-year, $66 million extension to his rookie contract in 2004. Among members of Rondo’s 2006 rookie class, Portland Trail Blazers All-Star guard Brandon Roy(notes) received a five-year, $80 million contract extension. The Blazers also gave forward LaMarcus Aldridge(notes) a five-year, $65 million extension.
“This is unbelievable for a kid that was taken far down in the draft,” Duffy said of Rondo, who was picked 21st overall in the 2006 draft. “But we’ve said that it’s not where you’re drafted, but where you are selected. He ended up being in the perfect situation.”
The Celtics expressed disappointment in Rondo’s maturity over the summer, and even raised his name in trade talks. Since training camp, however, team officials have said nothing but positive things about Rondo’s progress.
“The relationship between Rajon and the Celtics is on the highest level on and off the court,” Duffy said. “It’s a strong bond right now. Any concerns they had relative to this approach are no longer.”
Celtics will be in rebuild mode in 2012, good luck with building around Rondo.
Overpaid big time
Without taking into consideration the cap status of the Celtics, that contract seems a bit high but still somewhat acceptable, considering how much PGs like Parker and Billups make relative to their on-court production.
But when you factor in the rest of the Celtics' contracts? Yeah, Allanon is probably right.
9.6 PPG. I don't care about his assist numbers; they are meaningless.
All he does is dribble and pass to one of the three future HOFer; under NBA's loose assist keeping, he gets an assist.
Might be a little high, but probably worth it to keep him from free agency. It's not way overpaid by NBA standards but it's still a small fortune. And you don't build around a $11 million player. As much money as that is, that's still complementary player money, not franchise money. It's like Lamar Odom or Ginobili money, a very important, key player but not the player you build the team around.
When a middle-of-the-road player like Peja gets $60 million, you can justify anything...
$11 million is very high for a 4th year player. He will be the highest paid Celtic in 2012...it seems this is the young player they will be banking on for the next 5 years.
The Celtics have nobody else to build around in 2012 other than Rondo.
That price seems about right for a guy that can be a huge x-factor in winning a championship in the next two years, but the length of it seems excessive. As others have pointed out that contract means that when it comes time to rebuild Rondo will have to be not just a part that team but a central part. If he can find a reliable jumper in the mean time he may prove worth the price tag.
Makes it look like a deal when compared to Alridge.
Good deal. Rondo is legit
Fair deal. The same deal Parker got after his rookie contract.
But they won't be rebuilding around Rondo after Pierce and KG are done. They'll go after another superstar to be the foundation for their next era of Celtics basketball. Whether it means they'll continue to be contenders is another issue. But they aren't building around Rondo.
That's like saying when Magic and Worthy were done, the Lakers began building around Sedale Threat and Elden Campbell since they were the highest paid players left. But of course that's not what happened. They went out and got Shaq and Kobe.
Sounds right.
Rondo is a legit PG
He won't be paid anywhere near $11 millions in his 4th year.
I'll believe it when I see it. All the young superstars are getting re-signed this summer.
5 years into irrelevancy. That's why I said "good luck".That's like saying when Magic and Worthy were done, the Lakers began building around Sedale Threat and Elden Campbell since they were the highest paid players left. But of course that's not what happened. They went out and got Shaq and Kobe.
Sounds good.
Teams can acquire franchise type players via trade and the draft as well.
Magic's salary was on the Lakers payroll thru the 1994-95 season, and Worthy's thru the 1995-96 season. Coincidentally, Lakers signed Shaq as a free agent and traded for the rights to Kobe in the summer of 1996.
I didn't suggest the Celtics would be able to contend once Pierce and KG are gone. I merely refuted the notion that they'd build around Rondo when that happens.
Nothing wrong with that contract. Solid signing for the Celtics.
sounds good to me,
his what 23?? theres still plenty of room to improved his game....
his situation is like parker, put on the starting position when they were nobodys...
what will be parkers asking price after next season
In the old days that happened; and even then it was very rare. These days, franchise players aren't traded unless they're failures. This is quite a long shot. I'm guessing they become the 90's Celtics again until they get lucky in the draft.
That is correct. But this was 5 years into the Lakers being irrelevant. This is the period they've signed Rondo for; the irrelevant years. And whether or not he's paid as a Superstar, he's going to be leading the Celtics. Then we'll see if Rondo's worth that $11 million.Magic's salary was on the Lakers payroll thru the 1994-95 season, and Worthy's thru the 1995-96 season. Coincidentally, Lakers signed Shaq as a free agent and traded for the rights to Kobe in the summer of 1996.
At $11 million, he's getting paid Tony Parker, Manu money and I think he's way behind them.
Rondo, Perkins, those guys are in their young core. I can't see them picking up any superstars as there are very few and they're getting picked up this summer.I didn't suggest the Celtics would be able to contend once Pierce and KG are gone. I merely refuted the notion that they'd build around Rondo when that happens.
Of course, this is all guessing we'll know in a couple of years if they can pick up any Superstars.
now that's a good question.
KG's contract expires after 2011-12. The "possible" free agents that summer include Carmelo, Dwight Howard, Kevin Durant. Now obviously I'd expect their current teams to try to get them to sign extensions, but you never know. It's quite a few years from then and anything can happen. When it comes to franchises like the Celtics and the Lakers, fortuitous things happen like getting KG or Gasol rather easily. With the amount of cap space they'd have, it's absolutely conceivable a superstar who's frustrated with his current team could bail and go to Boston. And again, trades can happen or getting a franchise type player thru the draft can happen. But Boston won't be building around Rondo as their next franchise player.
The point with Magic's and Worthy's contracts is to show that financially the Celts can make moves once Pierce and KG are off the books, as West waited for there was room to make moves financially to acquire a franchise player.
Again, I'm not saying Boston will remain contenders. I'm saying if they are able to, it won't be by them building around Rondo and Perkins as the franchise pieces.
Damn.
Locker room security must cost a lot of $$$
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