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Rumor: Kentavious Caldwell-Pope demanding more than $20 million annually to sign contract extension with Pistons

Detroit Pistons v Atlanta Hawks

ATLANTA, GA - OCTOBER 27: Kentavious Caldwell-Pope #5 of the Detroit Pistons reacts after a basket against the Atlanta Hawks at Philips Arena on October 27, 2015 in Atlanta, Georgia. NOTE TO USER User expressly acknowledges and agrees that, by downloading andor using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevin C. Cox/Getty Images)

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Pistons owner Tom Gores said he’d pay the luxury tax if a contract extension for Kentavious Caldwell-Pope put Detroit over next season.

Yet, Caldwell-Pope hasn’t signed an extension with the deadline six days away.

What will it take?

Vince Ellis of the Detroit Free Press:

There was gossip over the summer that it would take a deal worth north of $20 million per year to get Caldwell-Pope’s signature.

That’s not an unreasonable demand. It’s up to Caldwell-Pope whether he’d accept less in exchange for more security, but I think he’d get even more as a restricted free agent next summer – maybe even a max contract, which projects to start at more than $24 million.

Caldwell-Pope is a good shooting guard in a league with a dearth of quality wings and a greater need for them as teams go smaller. He’ll be just 24 next offseason, so his next deal should last through his prime.

His preseason didn’t foreshadow a breakout year. He remains a good defender and streaky 3-point shooter. But it’s possible Caldwell-Pope steadies his outside stroke and/or becomes an even more impactful defender. He could also improve his off-the-dribble skills, though his bread is buttered as a 3-and-D player.

Still, it won’t take massive improvements for Caldwell-Pope to hold value. To some degree, the Pistons could view every dollar under the max on a Caldwell-Pope extension as savings.

If his demands remain high, the Pistons could always take another year to evaluate the fourth-year guard. With matching rights, they can always re-sign him in the offseason.