|Monday, July 1
Davis offered six-year contract extension
NEW ORLEANS -- New Orleans Hornets star guard Baron Davis, who said in recent weeks he'd rather be traded than move with the team from Charlotte to New Orleans, was offered a six-year contract extension Monday.
Bob Bass, Hornets vice president for basketball operations, has said several teams have contacted the Hornets about trading for Davis since Davis said he would rather play in Los Angeles, Chicago or New York than in New Orleans next season.
But Bass said he has rejected all offers and did not intend to deal Davis under any circumstances.
''We've got no intentions of trading him,'' Bass said.
Bass said Monday the offer was for the maximum amount allowable under the NBA's collective bargaining agreement. Bass said he could not give a precise figure because the amount would be contingent upon an adjustment of the NBA's salary cap to be set in August of 2003.
If he accepts, Davis would play next year under his current contract, which calls for him to earn $3.9 million, Bass said. Davis would then receive 25 percent of the 2003-2004 cap, with increases of 12.5 percent each year after that. That likely would come out to more than $85 million over the length of the contract.
Paul Pierce accepted a similar deal with Boston a year ago.
Davis' Los Angeles-based agent, Jerome Stanley, did not immediately return a call to his office Monday evening.
A Los Angeles native, Davis, 23, would be eligible to become a restricted free agent if he rejects the extension offer.
Davis averaged 18.1 points and 8.5 assists during the past regular season, which included an appearance in the NBA All-Star game. In the playoffs, he averaged 22.6 points, 7.9 assists and 7.0 rebounds in leading the Hornets into the second round of the playoffs.