It's also regressive to the lower paid players. Already max guys can avoid injury risk by getting their current max + 7.5% raises, but players who had to prove themselves risk a career ending injury before being awarded a right sized contract.
Now that he's been sent to Houston, expect Harden and the Rockets to agree on a 4 or 5 year max extension by Wednesday's deadline.
Eric Maynor and the Thunder will talk in the summer, meaning he isn't getting an extension. With the improvement Reggie Jackson has shown, it's possible the Thunder won't even keep Maynor.
George Karl has called the ongoing extension negotiations between the Nuggets and Ty Lawson a distraction.
Here's a good quote:
It’s business, and business is not the best energy for training camp. Basketball is the best energy for a training camp. But there is business in training camp going on all the time now in the NBA.
Adrian Wojnarowski: Ty Lawson's extension with Denver is four years, $48 million, league source tells Y! Sports. Twitter @WojYahooNBA
For anyone who's wondering, the exension deadline is midnight eastern time.
James Harden and the Rockets have agreed to a 5 year $80 million extension. No link, but multiple sources have mentioned it on Twitter.
Jrue Holiday and the 76ers came to an extension agreement 7 minutes before the deadline. 4 years, $41 million.
EDIT: With incentives the contract could be as high as $46 million.
Taj Gibson and the Bulls reached an extension agreement. 4 years with around $32 million guaranteed. Incentives could make the contract worth up to $38 million.
DeMar DeRozan and the Raptors agreed on an extension for 4 years $38 million plus some incentives. I didn't see for how much.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Thomas Jefferson