Mike DiNovo-US PRESSWIRE

James Harden, Stephen Curry, DeMar DeRozan, Taj Gibson, Jrue Holiday get new contracts

The NBA's early contract extension deadline for the class of 2009 is on October 31. Teams are rushing to potentially work out deals with several players. James Harden and Stephen Curry are among those that signed extensions.

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15 Total Updates since October 30, 2012
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  • Articles 12
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5 rules for extending young players

The deadline for early extensions for former first-round picks entering their fourth seasons has passed. A bunch of players, including DeMar DeRozan and Stephen Curry, picked up new deals. These are the rules GMs should abide by when considering these deals.

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Holiday signs 4-year, $41 million extension

Jrue Holiday has signed a four-year, $41 million contract extension with the Philadelphia 76ers, just minutes before the midnight deadline.

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Bulls, Gibson agree to 4-year contract extension

The Chicago Bulls and power forward Taj Gibson have agreed to a four-year, $38 million extension.

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Raptors finalizing 4-year extension with DeRozan

The Toronto Raptors are finalizing a four-year, $40 million contract extension with DeMar DeRozan.

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Taj Gibson unlikely to get extension

With only hours remaining until Wednesday's deadline, Adrian Wojnarowski of Yahoo! Sports is reporting that the Chicago Bulls are unlikely to complete a contract extension with forward Taj Gibson.

The fourth-year big man shot a career-high 49.5 percent from the field last season for the Bulls, and has been especially eager to work out a new deal with the organization as his contract is set to expire this summer. The two sides still have until midnight to reach a new agreement, but as Wojnarowski points out, it would take a significant amount of momentum for something to materialize.

Chicago's front office has expressed interest in keeping its promising big man around for the long haul, and Gibson himself has also publicly stated that he wants to retire in a Bulls uniform. The Bulls will be able to match any offer that Gibson receives as a restricted free agent this summer, however, and may not be too worried about locking him up right now for that very reason.

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James Harden signs 5-year, $80M deal with Rockets

The former Thunder star has agreed to a max contract that will make him the new face of the Rockets.

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DeRozan unlikely to receive contract extension

DeMar DeRozan is unlikely to receive a contract extension from the Toronto Raptors before Wednesday's midnight deadline, according Marc Stein of ESPN.com.

DeRozan has started all 145 games in which he as has played for the Raptors in the past two seasons. In 2011-12, DeRozan averaged 16.7 points and 3.3 rebounds on 42.2 percent shooting from the field.

In 222 career games with the Raptors, DeRozan has averaged 14.1 points and 3.4 rebounds in 30.3 minutes per game.

The Raptors selected DeRozan ninth overall in the first round of the 2009 NBA Draft out of USC. James Harden, Ty Lawson, Stepen Curry and Blake Griffin have already received extensions from their respective teams.

The Raptors selected guard Terrence Ross out of Washington eighth overall in the 2012 NBA Draft while also signing Landry Fields to a long-term deal in the off-season.

The Raptors open the season on Wednesday versus the Indiana Pacers.

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Bucks not expected to extend Brandon Jennings

The Milwaukee Bucks and point guard Brandon Jennings are not expected to agree to a contract extension before Wednesday night's deadline, as Charles F. Gardner of the Milwaukee Journal Sentinel reports. Without a deal in place, the 23-year-old is set to become a restricted free agent next summer.

Currently in the final year of his rookie-scale contract, Jennings would need to agree to an extension with the Bucks before the CBA's Wednesday night deadline, but multiple sources are telling Gardner that Milwaukee won't extend his deal right now.

That means the 10th overall pick from the 2009 draft will hit restricted free agency next summer, at which point the Bucks will retain the right to match any contract offer given to the guard. After three years of intriguing performance, the Bucks are likely curious to see whether Jennings can make a big jump in his fourth NBA season.

With the deadline for members of the 2009 draft class to receive contract extensions coming on Wednesday night, players that have agreed to major long-term deals include the Clippers' Blake Griffin, the Nuggets' Ty Lawson and the Rockets' James Harden.

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Stephen Curry signs $44 million extension

The Warriors locked up their point guard with a long-term extension on Wednesday.

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Ty Lawson signs 4-year $48 million extension

Ty Lawson has signed a 4 year, $48 million extension with the Denver Nuggets.

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Wolves pick up 3rd-year options on Rubio, Williams

The Timberwolves secured the services of a pair of former first-round picks when they exercised the third-year options on Rubio and Williams.

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Maynor, Thunder table contract extension talks

The back-up point guard for the Thunder tore his ACL in January and missed the remainder of the 2011-12 season.

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Harden in Houston for the long haul?

New Houston Rocket James Harden could stay a Houston Rocket, according to a USA Today report.

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Nuggets, Ty Lawson 'closer' to contract extension

The point guard led the Nuggets in scoring during the 2012 season while also adding 6.6 assists, 3.7 rebounds and 1.3 steals per game.

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76ers unlikely to reach deal with Jrue Holiday

The Philadelphia 76ers do not appear ready to reach an extension with Jrue Holiday before a deadline Wednesday, meaning the point guard will become a restricted free agent next year.

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