(Covington) is eligible right now for an extension worth $70 million over four years. I can see him getting around that amount with Portland. Maybe that decision could depend on what happens with Dame, but I think it’s a fine extension with or without him. They should be able to trade that contract later if they need to.
Brian Seltzer: Bryan Colangelo calls Robert Covington "prime example of what hard work, dedication and commitment can lead to," citing growth as two-way wing player. Also praises his "character and professionalism." "This extension is both well-deserved, and a really great story.”
Robert Covington’s new contract was far from his mind during the 76ers’ victory over the Los Angeles Lakers on Wednesday night. But around 2 a.m. Eastern time Thursday, a little more than an hour after the game, he reflected on the deal that he is about to sign. “I’m blessed to be here another four years,” Covington said while getting dressed. “It’s an opportunity that I have been looking forward to. I developed here for four years, and now, I’m going to be here for another four more.”
Sources said Wednesday night that Covington would sign his contract within 48 hours. One source said the contract will be signed Friday. The Sixers were scheduled to fly back to Philadelphia late Thursday morning.
Derek Bodner: Rough numbers for the Covington extension: 2017-18: $16,698,103 2018-19: $10,018,862 2019-20: $10,820,371 2020-21: $11,621,880 2021-22: $12,423,389
Philadelphia 76ers forward Robert Covington is finalizing the framework of a four-year, $62 million contract extension, league sources told ESPN. Sixers general manager Bryan Colangelo and Covington's representatives with CAA Sports are expecting a signed agreement as soon as the end of this week, league sources said.
Shams Charania: Sources: 76ers forward Robert Covington plans to sign a four-year, $62 million contract renegotiation-and-extension on Friday.
The deal will include a $15 million renegotiation bump on Covington's $1.57 million salary this season, plus an additional four years that'll keep Covington under contract through the 2021-22 season.
Marc Stein: The widespread expectation: Roughly $15 million immediately injected into Robert Covington’s 2017-18 renegotiated season to set up a slightly reduced figure in subsequent extension years
When asked if he was confident a deal could get done with the Sixers, Covington, who turns 27 in December, said he was. “We definitely have been in talks with everything,” Covington said during the Sixers’ media day on Monday at their practice facility in Camden. “Both side are very open to what is going on and it is a matter of the right move that is going to be made.”
Covington said he would like to remain with the team, but admitted that nothing is certain. “Being part of everything that transpired in the past years, you definitely want to be part of that,” he said. “A lot of things are transitioning, but it is a business, and you definitely don’t know how things will pan out.”
The Philadelphia 76ers are interested in signing forward Robert Covington to an extension this offseason, according to a source with team knowledge.
As his contract is currently constructed, Covington, 26, is scheduled to make just $1.5 million for the 2017-18 season, which would make him one of the biggest bargains in the NBA. However, he is also set to hit unrestricted free agency following the season, and the organization doesn’t want to run the risk of losing him on the open market.
Derek Bodner: Bryan Colangelo says a Covington extension is "certainly something I think we want to address". Wants to make him part of org on longer-term basis
July 1, 2022 | 2:47 am EDT Update
When the two-time NBA Finals MVP made it known he wanted to be traded out of Brooklyn, expected business quickly fell by the wayside as teams tried to reposition themselves to at least make an offer. According to a source, the Bulls were a part of those phone calls, despite Durant reportedly having the Heat and Suns among his desired destinations — and despite the reality that the Bulls don’t have the type of high-profile player or quality of draft picks the Nets were looking for in a trade package.
Phoenix has the kinds of players who might make this a win-win for all involved — namely, Suns small forward Mikal Bridges and restricted free agent center DeAndre Ayton. In the days before Irving’s choice to opt-in, sources close to Ayton had raised this possibility of an Ayton-Bridges deal being very much on their radar. At that time, however, it was unclear whether Durant was going to ask out.
Beck: I asked a well-connected NBA source which teams, other than the increasingly desperate Lakers, would be willing to acquire Irving. His answer: “None.” I think I agree. The league has seen Irving wreak a lot of havoc over the last five years, from Cleveland to Boston to Brooklyn. It’s left an impression. But the Lakers badly need another scorer/playmaker next to LeBron and AD, and Irving is an infinitely better fit than Russell Westbrook.