Great News!!! I don't even know who won the salary issue between them. I am just glad he will be here for along while. I believe it will help keep Ben, also, because Tay didn't hold out for one of those bank-breaking amounts.
Good News Very glad to hear it. Hope it was closer to $45m than $50m. My guess is they split the difference.
Prince agrees to 5-year extension The Detroit Pistons and the agent for Pistons defensive ace Tayshaun Prince told ESPN.com on Sunday night that they have reached an agreement in principle on a five-contract extension believed to be worth nearly $50 million. The sides were facing a Monday deadline to prevent Prince from becoming a restricted free agent in July. http://sports.espn.go.com/nba/columns/story?columnist=stein_marc&id=2208888
47mil over 5 years http://www.mlive.com/weblogs/beyondthearc/index.ssf?/mtlogs/mlive_beyondthearc/archives/2005_10.html#090584 Larry Lage of The Associated Press says the deal is for $47 mil.
That would be something like: 7.75 8.52 9.30 10.07 10.85 That seems more than fair for both sides. Interesting thing is we could have signed Tay to a 6 year deal... did he want to keep his options open in case he started to put up some big numbers?
Keep this team together! And we can call it the Piston era. Spur fans might object but who cares. Want to see Tay at the next level.
Collective sigh of relief... so tay's agent waited out all this time just to get an extra $400k a year?? reminds me of that seinfeld episode... "so you held out for less money?" well maybe not quite that extreme.
Yup he's back He's signed around 47-48 Million. I don't know how you're gonna manage our cap Joe but just do your thing.....
I just found out now. We barely signed him, but we did. we only had until today. Thanks for the info.
I think his final price is not too bad. A lot of people were saying that he's worth less but the price tag wasn't ball busting huge compared to the original offer.
Very reasonable given the market for Tay next summer. Mark Stein agreed with many here that a "re-do" of that draft would put Tay third, and that this kind of money fits both his on the floor production and where he should have been selected in hindsight. Just as important, this continues the trend of players signing for less in Detroit than they could get elsewhere. This environment of player loyalty and championship level contention puts Joe in a very good position to manage the cap going forward. The deathstar is nearly complete...and Alderon is about to get it's arse kicked...