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The New Orleans Pelicans announced today that the team has re-signed forward Brandon Ingram. Per team policy, terms of the deal were not disclosed. “Brandon Ingram has earned this contract extension by virtue of everything he has accomplished that is visible, but we are grateful to be able to deliver it to him because of everything he has done that has remained largely hidden to those outside this organization,” said Pelicans Executive Vice President of Basketball Operations David Griffin. “His tireless work-ethic and dedication to his craft are matched only by his desires to help deliver long-term success for his team, our fan base and the communities he lives in.”
Bobby Marks: Showing New Orleans roughly $500K below the luxury tax after the Brandon Ingram contract. 14 players under contract
Bobby Marks: Brandon Ingram contract in New Orleans: 2020-21 $27,285,000, 2021-22 $29,467,800, 2022-23 $31,650,600, 2023-24 $33,833,400, 2024-25 $36,016,200. Totals 158,253,000.
Adrian Wojnarowski: Ingram passed on a more modest extension offer a year ago after arriving from Lakers in the Anthony Davis trade. He counted on a bigger role to elevate his performance and earning power, and it did. Ingram earned a Western Conference All-Star berth and now cashes in on max deal.
Adrian Wojnarowski: New Orleans Pelicans All-Star F Brandon Ingram has agreed to a five-year, $158 million maximum contract extension, his agents Jeff Schwartz and Jordan Gertler of @excelsm_bball tell ESPN.
Eastern Conference GM: “When a player is new to a team, an extension is unlikely. For example, I’d be surprised if Brandon Ingram gets an extension before the deadline in October. Out of all these guys we’re discussing like Pascal Siakam, Jaylen Brown, Buddy Hield and Brandon Ingram, I’d be the most surprised if Ingram gets something done, just because he’s new there. Unless you’re talking about James Harden and you know the player is great so you give him an extension as soon as you trade for him, typically guys who just got acquired don’t get extended. It’s easy for the team to say, ‘Listen, it’s not that we don’t think you’re great, it’s just that we don’t know you yet.’”
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January 23, 2021 | 5:54 pm EST Update
Shams Charania: Celtics guard Payton Pritchard has a Grade 1 MCL sprain in right knee and expected to return to on-court activities in two weeks.
Adam Zagoria: Former @NovaMBB big man Omari Spellman will play in the G league bubble with the New Orleans G League squad from Erie, per league source. He was in camp with the @New York Knicks
In yet another sign of the upward ascendancy of both the sports card and digital collectibles markets, three limited-edition NBA highlight video cards have sold for more than $30,000 over the past 10 days on NBA Top Shot, a blockchain-based platform that allows fans to buy, sell and trade numbered versions of specific video highlights.
Since its launch, the company has reportedly registered nearly $20 million in sales ($6 million from packs and $14 million on its secondary marketplace) with upwards of $1.5 million in trading volume in January alone.
On January 15, a Ja Morant highlight (No. 1 out of 49) was purchased off the platform’s secondary marketplace for a then-record $35,000. According to The Action Network, the Morant highlight’s original owner got it out of a pack and sold it in November for just under $2,000. That new owner then sold it last week for $35k, making an exceptional return on investment in less than 50 days. Four days after the Morant sale, a group of investors bought a LeBron James dunk highlight (No. 23 out of 59) for $47,500, capping off a 24-hour stretch in which the site saw more than $1 million in sales. Then, on Friday, a collector purchased a No. 1 LeBron James moment from Top Shots’ From The Top Series 1 set for a whopping $71,455, shattering the record.