Eric Gordon Extension Negotiations With Hornets Are Ongoing, According To Source

Negotiations between fourth-year guard Eric Gordon and the New Orleans Hornets on a long-term Early Bird contract extension are ongoing, a league source has told SBNation.com. The source confirmed Yahoo!'s Marc J. Spears' report that the league office has approved a four-year offer for Gordon. The NBA owns the Hornets, and league commissioner David Stern has, according to a Monday report by Spears, thrust himself back into basketball operations for this set of negotiations.

Gordon and the Hornets have until Wednesday to reach a deal. If they do not, Gordon will become a restricted free agent on July 1. The rumor mill has suggested that the Indiana Pacers could toss a max contract offer at Gordon in July if no deal with the Hornets is reached at this point. New Orleans would have the opportunity to match any offer sheet signed by Gordon in July, but teams typically prefer to avoid that scenario if possible.

The league source told SBNation.com that Dell Demps and Hugh Weber, who run the Hornets in New Orleans but were reportedly overridden by Stern in the Chris Paul trade saga, are authorized to cut a deal with Gordon's agent, Rob Pelinka. At what salary level that deal is authorized remains unclear.

For more on the Hornets, please visit At The Hive.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.