NBA Rumor: Victor Oladipo Extension?

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Victor Oladipo addresses contract extension offer

Nonetheless, given the recent storyline, Oladipo was asked about the report after Monday’s loss by the Rockets to Cleveland. After clarifying that the offer was made some time ago, here’s what he said: “That actually wasn’t yesterday. That was a long time ago. They came at me with the offer. It was more along the lines of, ‘We know you’re not going to accept it, but we still want you to understand that we want you here.’ It was more that gesture, than anything. Didn’t go out of my way to ask, or anything like that. It was just kind of put in front of me, or given to me, to show that they want me to be here.”

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“I didn’t get a chance to say yes or no. They already were under the understanding, or they knew I wasn’t going to accept it, anyway. It’s business. That’s how this business works. I’m just focused on getting better. I’ve got to get minutes. Everything else will take care of itself.” While the Rockets couldn’t offer more than that figure, even if they wanted to, it does give general manager Rafael Stone an idea as to what Oladipo might be looking for in the 2021 offseason — which is when he will become a free agent. If that figure isn’t in line with how the Rockets view his value, it could make sense for Houston to pursue a deal by the March 25 trade deadline, rather than risk losing him for no compensation.

Oladipo’s in the final year of a four-year, $85 million contract, which leaves the Rockets with decisions to make prior to the March 25 trade deadline — including whether they’ll make him available in trade talks. The transitional state of the Rockets’ roster makes it likely they’ll listen to overtures as they continue to get to know Oladipo — and he gets to know them — since the mid-January trade that brought him from Indiana as part of the James Harden blockbuster.

The Pacers’ offseason is more complicated than it seems on the surface, and it all starts with Oladipo. In a simple world, they could just sign Oladipo to a contract extension for whatever amount. The reality is more limiting — the Pacers are capped at offering $25 million a year in an extension, a 20 percent raise on the $21 million he’s due this season. Over four seasons, that’s still quite a deal — over $100 million, and one that would pay Oladipo until he’s 32.

In some ways, this limitation makes life easier for the Pacers. Instead of haggling with Oladipo over whether he’s a max player or not, they can throw their hands up and say the rules cap them at $25 million. It’s a fair offer, too, considering the injury concerns with Oladipo and the questions about paying him into his 30s. But in some ways, it makes life more difficult, too. If Oladipo decides he wants to bet on himself this coming season in the hope that he can get a max deal (four years, $150 million) and choose his destination, the Pacers are powerless to prevent it. The 2021 free-agent market will be flush with cash, too, so Oladipo will not lack for suitors.

Well, let’s start with Oladipo because this is a significant fork in the road for the franchise. They had some talks last fall before the season but shelved discussions until the summer — which is code for ‘we want more’ from Oladipo’s side. It’s difficult for me to imagine the Pacers going into the 2020-21 season without either an extension or trade for Oladipo. Fans will be thinking here’s the Paul George situation all over again, and since Indy is not a destination for free agents, the Pacers can’t let Oladipo walk for anything next summer.

The Oklahoma City Thunder has signed center Steven Adams and guard Victor Oladipo to multi-year contract extensions, it was announced today by Executive Vice President and General Manager Sam Presti. Per team policy, terms of the deals were not disclosed. “We are excited to extend our partnership with Steven and Victor,” said Presti “Both players represent the Thunder’s present and future, exhibiting the values that the Oklahoma community and our organization hold in high regard: hard work, team first, resiliency and citizenship.”
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