Rich Paul and Tristan Thompson might have gotten away with robbery after the former Texas star signed a 5-Year/$82 million dollar extension on Wednesday. ESPN’s Chris Broussard broke the news via twitter and ESPN around 7:00 pm EST.
Agent Rich Paul says Cavs and Tristan Thompson agree to 5-year deal worth $82 million. Fully guaranteed
— Chris Broussard (@Chris_Broussard) October 21, 2015
Less than a month ago, Tristan Thompson decided to hold out after the Cleveland Cavaliers rejected a three year deal worth $53 million dollars.
According to ESPN’s Chris Broussard, Thompson was asking for a max deal around 5 years, $94 million dollars or the same $53 million dollars contract the Cavs didn’t want to do. The Cavaliers wouldn’t go past $80 million dollars but both sides managed to agree on $82 million.
The new deal means that Tristan Thompson will now get paid $16.4 million dollars of guaranteed money over the next five season. Tristan Thompson is a big man who does a lot of things well on the offensive end.
He has tremendous footwork in the post, has some decent post moves and is an offensive rebounding machine. Thompson would be a vital part of any playoff team but this deal is ludicrous.
Rich Paul’s attempt to get his client a max deal when he averaged eight points and eight rebounds per game is preposterous. Has there ever been a player to get that much money after putting up those kinds of numbers? Not at all, but Tristan Thompson would probably have to be the first.
This contract is essentially an insurance policy if Kevin Love suffers a serious long term injury. However, paying a player this much money when he’s going to be on the bench for most of the season seems like way too much money.
Now more and more deals like this one are going to get done soon with the changes to the CBA (Collective Bargaining Agreement) and an increase in salary cap for each team.
The only reason this deal got done was because the season starts in one week and the team felt that Tristan Thompson’s holdout was becoming a distraction. If it was any other mid-level team then the holdout might have continued.
Yet, Tristan Thompson’s agent is also LeBron James agent and getting this deal done would be the best thing before the Cavs try to make another push for an NBA title.
The Cavaliers are going to need Thompson this season but Rich Paul and Tristan Thompson will be enjoying themselves with the money they made tonight.