Eric Gordon rejects contract extension from Hornets

18 Comments

David Stern gave the Hornets brass the freedom to try and reach a deal with Eric Gordon, a four-year extension of his rookie deal.

But whatever the money he approved was not enough, and he rejected a contract extension offer from the Hornets, reports the Associated Press. We don’t know what the offer was, so we don’t know if the Hornets lowballed him or Gordon has an inflated sense of his worth. Maybe a little of both.

This is not a bad play by the Hornets in one sense — Gordon is a very talented player who, if he can get and stay healthy, could develop into one of the best shooting guards in the game. (He has played only two games this season and is not expected back for three more weeks.) But how much do you pay for potential?

The problem is that there are teams that will make a big run at Gordon and his potential this summer. Yahoo’s Marc Spears mentions Indiana — Gordon’s home — but he is going to get healthy offers from a few teams.

Letting the market set his price is a good move — if the Hornets will match. But with the league owning the team and no end to that in sight, it’s hard to say if they can or will match a big offer. Then they would lose the centerpiece of the Chris Paul trade.

Gordon is going to be one to watch this summer when free agency hits.