Rondo inks reported 5/$55m extension

Marc Spears:

Rondo’s new deal averages $11 million a season, the same amount San Antonio Spurs All-Star point guard Tony Parker(notes) earned when he signed a six-year, $66 million extension to his rookie contract in 2004. Among members of Rondo’s 2006 rookie class, Portland Trail Blazers All-Star guard Brandon Roy(notes) received a five-year, $80 million contract extension. The Blazers also gave forward LaMarcus Aldridge(notes) a five-year, $65 million extension.

Also, Bargnani got 5/$50.

A pretty fair deal for the Celtics, who knows if Rondo isn't really worth it without his tremendous teammates, but he'll be playing with them for the next couple seasons so that's not much of an issue.

Sort of amazing that Gordon received pretty much the same, though you also can get bargains when you lock up guys earlier than letting them hit UFA.

This was an early extension, the kind that both Gordon AND Deng turned down. Sounds like the Celtics handled their matters differently than giving guys a take-it-or-leave-it offer and then 'expressing disappointment' over their selfishness when they didn't accept:

League sources said the extension is for five years and guarantees Rondo at least $55 million. With the two sides facing a Monday deadline to get a deal done, Duffy said he called Celtics president Danny Ainge on Sunday to inform him Rondo was prepared to play out his contract and become a restricted free agent next summer because they weren’t satisfied with the team’s previous offers. Ainge, however, surprised Duffy by responding that Rondo’s contract hopes would be met.

"As much as we were willing to wait his contract out, the Celtics stepped up to the plate to meet the original request," Duffy said by phone.

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