Chris Paul sacrificed $10,083,055 last season by opting in to facilitate a trade to the Rockets rather than opting out and signing somewhere for a max salary.
But here’s a rumor otherwise.
From what I’m told, there is tension now between Houston and Chris Paul. Because there was definitely some type of handshake, wink wink, “we’re going to max you out” last summer. But here’s the thing: Now, they’re not so sure. Houston, with good reason, doesn’t want to do that. But they’ve got an out, because they have new ownership. So, Daryl Morey can go to Chris Paul and be like, “I want to do it, but we’ve got the new owner doesn’t want to give you five years, four years.”
Former Rockets owner Leslie Alexander committed to big expenditures. New owner Tillman Ferttita has talked about his spending limits – for good reason. He sunk so much of his personal wealth into buying the team. He might not be able to afford outrageous luxury-tax bills.
Paul’s max projects to be about $205 million over five years. Already 33, he almost certainly won’t produce enough on the court to justify that amount. Players that age just decline and face greater injury risk.
But the downside of not paying him that much could be losing him. Even playing hardball could offend him given the circumstances that brought him to Houston. The Rockets are contending. A bad contract a few years down the road would be worth it if they win a title, and Paul is instrumental to that push.
This could be a delicate situation, and Morey can probe at least a little if he chooses. Would Paul be understanding of the ownership change? What options will Paul have better than a large, but sub-max, contract from the Rockets? Would Paul take a discount if Houston got his friend LeBron James?
But push too hard, and would Paul bolt to play with LeBron on the Lakers?
There has been too much insistence that Paul re-signing with the Rockets was assured to completely trust Broussard’s report. But it’d also be a mistake to completely ignore the possibility talks have broken down.