Found November 11, 2012 on
Celtics Green ...a boston celtics blog.:
Alex Kennedy has an article on Hoopsworld on the best contracts in the league. Ray Allen is mentioned for his bargain basement signed to spite Boston contract in Miami. And not surprisingly, Rajon Rondo is also mentioned. Here's what he has to say about Rondo's contract,
“Rajon Rondo. The Boston Celtics point guard is owed just $36 million over the next three years, which is a bargain considering he has emerged as one of the best point guards in the league.
When the Celtics inked Rondo to a five-year, $55 million extension in 2009, there were still plenty of questions about Rondo’s game and attitude. The Celtics are lucky they extended Rondo when they did because he would’ve been due for a big payday had they waited.
Other elite point guards have cost much more than Rondo. Deron Williams signed a $100 million contract with the Brooklyn Nets, Derrick Rose signed a $95 million deal with the Chicago Bulls and Russell Westbrook signed an $80 million extension with the Oklahoma City Thunder. Rondo will make just $11 million this season, which is less than all of those players as well as the previously mentioned Tony Parker, who will make $12.5 million.
Rondo’s contract is comparable to the recent extensions handed out to Ty Lawson (four years, $48 million), Stephen Curry (four years, $44 million) and Jrue Holiday (four years, $41 million), even though his play is comparable to the elite point guards like Williams, Rose and Westbrook.
Rondo is worth much more than $55 million, but the Celtics have him locked up on one of the best contracts in the league over the next three years. Rondo’s contract gives the Celtics flexibility to add pieces around their floor general so while he’s not making as much as his peers, he may end up with the better supporting cast as a result of his deal.”
Danny has a knack for signing players to extensions at bargain prices. Perk signed his extension for $4 million a year which was way below market price. And when he signed Rondo, he was a bargain, but as he has gotten better and better each year, his contract has become a bigger and bigger bargain. Given the importance of KG to the Celtics, his $10 million contract this season is also a bargain.
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