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July 12, 2012

LA Clippers sign a 5-year contract extension with Blake Griffin

Blake Griffin is going to stick around with the LA Clippers for a while. He just recently signed a 5-year contract extension

By Stephen Lars

It seems that Blake Griffin is going to stick around with the LA Clippers for a while. He just recently signed a 5-year contract extension earlier today, that could win him up to $95 million over the next five years. Now, considering how this whole thing has worked out and the new outlines in the collective bargaining agreement has forced the Clippers to work around some exceptions and, in a nutshell, put many of their chips in the future of the talented player. Griffin managed to include the “Derrick Rose Clause” in his new extension contract to secure a couple more millions in case he is successful in the next few seasons. For instance, if he is voted an All-Star starter again or named to a second All-NBA team next season, he could managed to get his complete fee, $95 million, or at least 35% of the team’s salary cap. Now, according to the new CBA, teams can only signs rookies for a four-year period. But each team can pick one player to sign for five years in this circumstance and the Clippers have opted to keep Griffin in the pack.

Chris Paul was eligible to sign a three-year, $60 million extension...

Griffin's extension would begin with the 2013-14 season. He would be able to opt out of the final season of the contract but is otherwise committed to the franchise through 2018. The Clippers drafted Griffin with the No. 1 draft pick in 2009, and ever since, the team has made a huge effort to build around him a team that calls upon young and veteran players to round up the lineup. And so far, the Clippers have been quite successful at recruiting around. Last season, the other team from LA tried real hard to step out of the Lakers shadow and brought in the All-Star point guard Chris Paul last season. It was a good move. As if that was not enough, they also got Chauncey Billups and Caron Butler to round things up.

Now during the offseason, the Clippers have pulled off some very good transactions. For instance, forward Lamar Odom and guard Jamal Crawford have already reached an agreement with this team. Now, the team hasn’t managed to secure a couple of the other assets in the squad. For starters, Chris Paul was eligible to sign a three-year, $60 million extension this summer. However, he can sign a five-year, $108 million extension next summer. The Clipper had a strong finish last season, but still failed to have the impact that many fans would have imagined. Last season the Clippers finished fifth in the Western Conference. That wasn’t exactly the brilliant finish that we had forseen for the Paul-Griffin combo. They still managed to advance to the second round of the playoffs, where they were swept by the San Antonio Spurs.

Griffin said he was happy that the negotiation is finished and that he has secured the continuity of the team. "I didn't expect him to re-sign this summer," Griffin said about the whole Chris Paul situation. "I don't think anybody who knows anything about it did. But we'll work on that throughout the season." On the long run, it seems that this is a good mix for both of them.

About the Author

Stephen Lars is a prominent sports blogger and currently covers the Sports news, previews and handicaps for the BetIAS Sportsbook. You may reprint this article in its full content, please note no modifications to it are accepted.