JohnFreeman
11-02-2015, 01:38 AM
The Charlotte Hornets are on course to sign swingman Jeremy Lamb to a contract extension for three years and $21 million before Monday's midnight deadline for such extensions, according to league sources.
Sources told ESPN.com on Sunday night that the Hornets and Lamb are close to finalizing the deal.
The window for former first-round picks to sign contract extensions during the fourth and final year of their rookie contracts is two days longer than normal this season because the usual Oct. 31 deadline fell on a weekend.
Lamb was the 12th overall pick in the 2012 draft by the Houston Rockets and spent the past three seasons in Oklahoma City after going to the Thunder as part of the James Harden megatrade in October 2012. The Hornets acquired him in late June in a trade for Luke Ridnour and a 2016 second-round pick. Lamb will be just 27 when he returns to free agency in the summer of 2019 after his new deal runs its course.
Lamb is poised to on Monday become the sixth eligible player at the end of their rookie scale contracts to have secured an extension since the negotiating window opened July 1. Fellow All-Stars and franchise cornerstones Anthony Davis and Damian Lillard scored lucrative five-year max deals from New Orleans and Portland, respectively, while Toronto's Jonas Valanciunas (four years, $64 million), Charlotte's Michael Kidd-Gilchrist (four years, $52 million) and Milwaukee's John Henson (four years, $44 million) also landed extensions.
Stay winning MJ
:kobe:
Sources told ESPN.com on Sunday night that the Hornets and Lamb are close to finalizing the deal.
The window for former first-round picks to sign contract extensions during the fourth and final year of their rookie contracts is two days longer than normal this season because the usual Oct. 31 deadline fell on a weekend.
Lamb was the 12th overall pick in the 2012 draft by the Houston Rockets and spent the past three seasons in Oklahoma City after going to the Thunder as part of the James Harden megatrade in October 2012. The Hornets acquired him in late June in a trade for Luke Ridnour and a 2016 second-round pick. Lamb will be just 27 when he returns to free agency in the summer of 2019 after his new deal runs its course.
Lamb is poised to on Monday become the sixth eligible player at the end of their rookie scale contracts to have secured an extension since the negotiating window opened July 1. Fellow All-Stars and franchise cornerstones Anthony Davis and Damian Lillard scored lucrative five-year max deals from New Orleans and Portland, respectively, while Toronto's Jonas Valanciunas (four years, $64 million), Charlotte's Michael Kidd-Gilchrist (four years, $52 million) and Milwaukee's John Henson (four years, $44 million) also landed extensions.
Stay winning MJ
:kobe: