Rondo Extended for $55 million over 5 years

Rajon Rondo and the Boston Celtics have agreed in principle to a 5-year, 55-million dollar contract extension today, as reported in the Boston Herald. Details are sketchy as to the particulars of the deal, and a source close to negotiations told the Herald that it's "not a done deal yet." Recently, David Aldridge at nba.com has reported that Rondo's agent, Bill Duffy has confirmed that an agreement has been reached, saying the Celtics indicated late last night that they were willing to meet Rondo's original contract demands. Read more...