Rumor: Kentavious Caldwell-Pope demanding more than $20 million annually to sign contract extension with Pistons

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Pistons owner Tom Gores said he’d pay the luxury tax if a contract extension for Kentavious Caldwell-Pope put Detroit over next season.

Yet, Caldwell-Pope hasn’t signed an extension with the deadline six days away.

What will it take?

Vince Ellis of the Detroit Free Press:

There was gossip over the summer that it would take a deal worth north of $20 million per year to get Caldwell-Pope’s signature.

That’s not an unreasonable demand. It’s up to Caldwell-Pope whether he’d accept less in exchange for more security, but I think he’d get even more as a restricted free agent next summer – maybe even a max contract, which projects to start at more than $24 million.

Caldwell-Pope is a good shooting guard in a league with a dearth of quality wings and a greater need for them as teams go smaller. He’ll be just 24 next offseason, so his next deal should last through his prime.

His preseason didn’t foreshadow a breakout year. He remains a good defender and streaky 3-point shooter. But it’s possible Caldwell-Pope steadies his outside stroke and/or becomes an even more impactful defender. He could also improve his off-the-dribble skills, though his bread is buttered as a 3-and-D player.

Still, it won’t take massive improvements for Caldwell-Pope to hold value. To some degree, the Pistons could view every dollar under the max on a Caldwell-Pope extension as savings.

If his demands remain high, the Pistons could always take another year to evaluate the fourth-year guard. With matching rights, they can always re-sign him in the offseason.