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Author
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Topic: Bledsoe gets 5 year 70 million dollar contract
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catmandoo
Player
Member # 1284
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posted 09-25-2014 10:26 AM
Eric is going to be one rich young man and know he will do some good things with his new found wealth.
Phoenix Suns and point guard Eric Bledsoe have reached agreement on a five-year, $70 million contract, a person with knowledge of the deal told The Associated Press. The person spoke Wednesday on condition of anonymity because the agreement has not been officially announced.
The deal is considerably more than the four-year, $48 million the Suns initially offered but well below the five-year, $80 million-plus maximum contract Bledsoe’s agent, Rich Paul, sought for the restricted free agent.
The sides didn’t budge in their negotiations until talks finally progressed in the last few days.
Bledsoe faced an Oct. 1 deadline to sign a $3.7 million qualifying offer to play for the Suns this season, then become an unrestricted free agent.
“Happy to be back in the valley of the (Sun)!!!,” Bledsoe said in a tweet. “Clutch my brother Rich Paul.”
It was accompanied by an Instagram photo of Bledsoe signing his contract. Paul is Bledsoe’s agent and also represents LeBron James.
The Suns see Bledsoe as a critical part of their double point-guard system. He missed much of last season after undergoing his second surgery to repair a meniscus in his right knee.
When Bledsoe teamed with fellow point guard Goran Dragic last year, the Suns won two-thirds of their games. But injuries kept the duo apart, most significantly the knee surgery.
While the Suns covet Bledsoe’s skills — particularly his drives to the basket and defense — as well as his obvious upside, they balked at giving the 24-year-old guard a max contract but felt highly enough of him to give a rich deal.
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Posts: 186366 | From: st. augustine florida 32092 | Registered: Mar 2001
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SCWC
Player
Member # 2464
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posted 09-28-2014 05:38 AM
That kind of money for any player is totally ridiculous. The NBA, NFL and these professional leagues are going to self destruct one of these days unless they quit paying these ridiculous salaries to the players. I do not begrude Eric getting that kind of contract because many others are, it is just my opinion that professional athletes are seriously overpaid. The only professional athletes I have any respect for are Professional golfers who have to grind it out on their own every week to make a living.
[ 09-28-2014, 05:39 AM: Message edited by: SCWC ]
Posts: 17777 | From: Myrtle Beach, SC | Registered: Jun 2005
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