According to Yahoo! Sports, the total value of the contract is $65 million to $70 million, with some hard-to-reach bonuses.
This summer, I pegged his value at $13-$14 million per season, and he signed for an average of $13 M plus potential bonuses.
So is he worth it?
Bill Simmons has this to say about the deal:
It continues to floor me that anyone would overpay someone who isn’t a franchise player during these rocky economic times. Like Portland this week — the Trail Blazers inked LaMarcus Aldridge to a five-year, $65 million extension, a deal that might have made sense in the 2006 market, but not right now. I like LaMarcus Aldridge. He’s solid. In this climate, he should not make more than $8 million or $9 million a year. The cap might drop $6 million next season for all we know. Also, inking anyone to an extension that early means you can’t trade him for two solid years. You’re basically marrying the guy. Which means Portland married a power forward who doesn’t play inside and grabs seven to eight rebounds a game. With nobody else bidding for him, no real urgency to do a deal for another year and no idea whether declining revenue will keep wrecking the cap. This makes sense … how? And you thought the NBA was getting smarter.
Simmons often does this — he second guesses a signing and then lists all the perceived faults of the player. Let’s not forget that Aldridge averages 18.1 points on 48% shooting, which creates lots of driving lanes for Brandon Roy. The Blazers don’t want a power forward that hangs out in the lane. They already have a couple of centers that do this. Portland wants to surround Roy with shooters so that he can get to the rim with ease.
The Blazers probably overspent a little, but they have the peace of mind that they have their second best player locked up for the next five years. There was no way to convince him that he is only worth “$8 million or $9 million” without letting him hit free agency. (He’s worth more than that, for the record.) By the time he’s convinced, there’s so much ill will between the two sides that a deal never gets done.
In the book, among other things, Earvin “Magic” Johnson accuses long-time friend Isiah Thomas of spreading rumors that he was gay and orchestrating a “freeze-out” of then-rookie Michael Jordan in the 1985 All-Star Game. (
Normally, the return of a healthy Kevin Garnett would be enough to thrust the Celtics back to contender status, but with the way the rich got richer this summer in terms of talent, GM Danny Ainge knew he had to improve his team, so he went out and signed Rasheed Wallace to give the C’s another big body up front. If everyone is healthy, minutes are going to be a problem, as Glen Davis and Kendrick Perkins deserve to play, but one might get squeezed out by Garnett and Wallace. In the backcourt, the big question seems to be the overall attitude of Rajon Rondo, who is running out of time to sign an extension. It is unlikely that he and the Celtics will come to terms by the end of the month as the two sides are reportedly far apart in perceived value. Marquis Daniels was brought in to shore up the backcourt, so the Celtics will once again head into the season with a deep and talented roster. But can everyone stay healthy? If Garnett, Rondo, Paul Pierce and Ray Allen are all feeling good come playoff time, the Celtics will be a serious threat to make the Finals.