Clippers' Griffin agrees to extension, Paul waits
JUN 30, 2012 9:23p ET
And as expected, Griffin agreed to his five-year extension worth up to $95 million and Paul didn’t accept his three-year extension for $60 million, according to sources who were not authorized to speak publicly on the matter.
Griffin, who is locked up for the next six years, will earn $7.2 million next season.
Paul, who will earn $17.7 million next season, is in the last year of his contract. He is waiting to sign an extension after next season, which is a better financial decision, said a source close to the point guard.
Paul can sign a five-year, $108-million extension with the Clippers in July 2013.
The Clippers also made contact with the representatives of guard Chauncey Billups on Saturday night. Billups missed most of last season recovering from a torn left Achilles’ tendon, but the Clippers want him to return.