Storyline: Paul George Extension

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The NBA announced on Thursday that the Indiana Pacers small forward did not make any of the All-NBA teams that are voted on by media members, thereby eliminating the possibility that he could be given a five-year, $207 million supermax extension this summer that could have kept him from skipping town. Except for one thing: George, who could have done that deal anytime between July 6 to the start of the regular season if he had qualified, wasn’t likely going to sign that deal right away anyways.

By all accounts, Bird’s decision to step aside has no impact on how George sees the Pacers situation. He has the utmost respect for Larry Legend, who was known to be looking to spend more time with his wife and family and will now serve as a consultant for the organization. But he knows that Pritchard is a widely respected front office talent too, having worked wonders as the lead basketball executive with the Portland Trailblazers before joining Bird in July of 2011.
6 months ago via ESPN

Asked about the estimated $219 million contract extension that Pacers president Larry Bird is poised to offer him in July, George told Marc Stein on ESPN Radio’s Meet The All-Stars: “As I told Larry, I always want to play on a winning team. I always want to be part of a team that has a chance to win it [all]. That’s important. Say what you want; I want to compete for something. It’s frustrating just playing the game for stats or for numbers or to showcase yourself. Man, I want a chance to play for a chance to win a championship. I wanted to be the first and want to be the first to be able to bring a championship to Indiana. So that’s still on my mind … and something I definitely want to achieve in Indiana.”

Teague is eligible to have his contract re-negotiated, much like the Oklahoma City Thunder did with Russell Westbrook and the Houston Rockets did with James Harden. The issue there is that Paul George also becomes re-structure eligible on September 25. The Pacers are sitting on about $6 million in cap space – enough to get George to the current NBA max, but not enough to also sign Teague to a new deal. Unless the Pacers opt to dump a contract and create more room, re-structuring Teague’s deal does not seem to be in the cards, which means a stroll through unrestricted free agency for the point guard and a ton of risk for Indiana.
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August 23, 2017 | 5:12 am EDT Update
There are some sour grapes on Cleveland’s end of things, of course. Not necessarily from James, who tweeted out a glowing tribute to Irving. He will be “ready at training camp no matter what,” according to a source close to James. But from others who wonder if Irving bit off more than he could chew. “I was hoping Ky was going to get to lead a team,” one Cavs player told ESPN. “See what it’s like to have the entire franchise on his back.”
55 mins ago via ESPN
Speights had to settle for a one-year deal worth the veteran’s minimum with the Magic, but if he emerges as a leader for this squad and produces when given playing time, he could ink a more lucrative deal next offseason when he will be an unrestricted free agent again. “It was a weird free agency period,” Speights said. “As you know, the money kind of dried up, especially for backup big men. So for me, I figured if I’m going to play on a minimum deal, which is what I got, I might as well play for Orlando! This allows me to be close to home and around my family. I also feel like there’s an opportunity to play and contribute in Orlando. I’m not exactly sure what my role is going to be yet – I can only control what I can control – but I’m going to do whatever I can to help this team. That’s my mindset entering training camp and the season. It’s on the coaching staff to determine my role. But I love to hoop, so I’ll enjoy every minute I’m out there.”