NEW ORLEANS (AP) -Chris Paul's agent plans to travel to New Orleans on Wednesday with the intention of completing a contract extension that would keep the All-Star and Team USA point guard with the Hornets for an additional three to five years.
Lance Young, a senior director of the sports marketing and management company Octagon, said Tuesday that he had spoken to Hornets general manager Jeff Bower by phone and that they were in general agreement on the terms of an extension for Paul, who has one season remaining on his current contract.
``We seem to be pretty much on same page,'' Young said. ``A little tweak here and there and we'll probably get it done in the next 48 hours.''
Paul is seeking the maximum pay allowable under the league's collective bargaining agreement, or about 25 percent of the NBA salary cap with 10 percent raises going forward. Such a deal would pay Paul from $60 million to more than $80 million, depending on the length of the contract.
``It could be three, four, or five years. We haven't really got into any details yet,'' Young said. ``Chris wants to stay with the Hornets. It just depends on how long he's going to be there.''
Tuesday marked the first day NBA teams could begin negotiations with free agents or current players who are seeking extensions.
Last season, Paul's averages of 11.6 assists and 2.7 steals per game led the NBA. He was second in MVP voting to the Los Angeles Lakers' Kobe Bryant.
Paul also was the Hornets' second-leading scorer, averaging 21.1 points per game in helping the Hornets reach a franchise-record 56 regular season victories.
Advertisement

Top NBA Public Bets

NBA Top Stories

Thumbnail Timberwolves vs. Kings Prediction Will the Kings cover as a home underdog tonight when they host the Timberwolves at 10:30PM ET?
Thumbnail Pacers vs. Rockets Prediction Are the Rockets a good bet to cover as a double-digit home favorite tonight when they host the Pacers at 9:30PM ET?
Thumbnail Heat vs. Mavericks Prediction Will the Heat knock off the Mavericks as a small road favorite tonight when the two teams meet at 8:30PM ET?
Thumbnail Hawks vs. Celtics Prediction With the Celtics playing on tired legs, will their matchup against the Hawks tonight fall under at 7:30PM ET?
Thumbnail Warriors vs. 76ers Prediction Will the 76ers cover as a home underdog versus the Warriors tonight at 7:00PM ET?

NBA Team Pages