Chris Paul is expected to verbally agree to a five-year, $107 million contract extension with the Los Angeles Clippers shortly after the team is able to officially offer it to him, beginning at 12:01 a.m. ET Monday morning, sources have told ESPN.
Paul’s decision to stay with the Clippers is hardly a surprise. The only suspense remaining is when and how he will officially accept. Paul cannot sign his new contract until July 10th but he can agree to terms before then.
Paul tweeted earlier Sunday from the BET Awards in Los Angeles, and thus might not be in position to agree to terms Sunday night. But it won’t be long afterwards.
ESPN The Magazine’s Chris Broussard reported Saturday that Paul’s representatives have told teams to not even bother pursuing the point guard when free agency begins because he planned to re-sign with the Clippers.
Doc Rivers becoming the Clippers’ new head coach and senior vice president of basketball operations earlier this week assured that Paul will remain in Los Angeles, according to sources.
The chances of Paul leaving the Clippers were slim even before Rivers was named coach, but sources said he had at least entertained the thought of going to the Atlanta Hawkswith Dwight Howard, who also will enter free agency.
Paul will become the second high-profile free agent to sign a long-term extension with the Clippers in the last two seasons. Blake Griffin signed a five-year, $95 million extension last summer.