Chris Paul informed the Clippers on Friday he will be a free agent this summer, news broken by Brad Turner of the Los Angeles Times.
Technically, Paul had an early termination option and he informed the Clippers he would be exercising that (not opting out as Griffin did). That said, we’re talking about legal semantics here, what matters is CP3 will hit the open market this summer.
And a lot of teams want to talk to him: San Antonio, Houston, Denver, Miami. CP3 is going to meet with a lot of teams. But let me give you the 57 million reasons the Clippers are still the front-runners:
The Clippers can offer a five-year contract at about $205 million, every other team can offer four years at $152 million. As president of the players’ union while a new CBA was negotiated, he helped get the over-36 rule changed to the over-38 rule in part so he could get one more five-year contract, and he’s not going to take it?
Paul is competitive and the Clippers may not be, especially if Griffin leaves (unless Paul thinks he can help land LeBron James next summer). He has to look around at his options and see if a move gets him closer to a ring. Maybe there is an offer he finds tempting. But the longer he takes could leave the Clippers stuck and create a bottleneck in free agency. CP3 and Griffin (and Gordon Hayward) and going to determine how a lot of other things shake out this summer.