Report: Damian Lillard, Trail Blazers expected to sign super-max extension
Damian Lillard and the Trail Blazers entered this postseason with an opportunity to prove themselves to each other. Portland had gotten swept in the first round the last two years, including a devastating sweep as the No. 3 seed last season. Lillard would be eligible this offseason for a super-max extension that projects to be worth $193 million over four years.
Everyone feels good now.
Lillard hit one of the biggest shots ever, and the Trail Blazers advanced to their first conference finals in 19 years. Both sides want to continue their partnership.
Lillard is under contract two more seasons. So, his extension would take effect in 2021, when it’s exact value would be determined. I project it at $193 million over four years.
As an All-NBA lock this year, Lillard will be eligible to sign a super-max extension this offseason or next. If he waits until 2020, he could sign a five-year extension. That deal would carry the same terms as the four-year extension for the first four years but would add a fifth year worth a projected $57 million – bringing the total projected value to $250 million. But there’s no guarantee Portland will offer the megadeal next year.
Already, this is a real risk for the Trail Blazers.
It’s probably one they must take. Lillard is an excellent player who does so much to set the team’s culture.
But paying someone projected salaries of $43 million, $46 million, $50 million and $53 million from ages 31-34? Nearly no player can assure he’ll warrant that. Build a winner around a single player earning so much is quite difficult. Portland’s ownership situation after the death of Paul Allen, who frequently paid the luxury tax, only adds to the uncertainty.
This could be a litmus test for the designated-veteran-player-extension rule altogether. If it doesn’t work with Damian Lillard – who exudes so many traits you want in a superstar – who will it work with?