Play Fantasy Use your Fantasy skills to win Cash Prizes. Join or start a league today. Play Now

Sources: Blake Griffin, Clippers agree on five-year, $95 million deal

Blake Griffin and the Los Angeles Clippers formally agreed Tuesday to the five-year max extension that the team offered when the free-agency negotiating period opened July 1, league sources told CBSSports.com.

The deal will fall under the so-called "Derrick Rose Rule," meaning Griffin's extension will start at 30 percent of the cap in 2013-14 -- provided he reaches certain benchmarks. Under the new collective bargaining agreement, a player with less than seven years of service can receive a max contract starting at 30 percent of the salary cap if he's voted MVP of the league, All-NBA first, second or third team twice or an All-Star starter twice.

Though the cap figures by which Griffin's deal will be governed aren't known yet, based on current projections the deal is estimated to be worth as much as $95 million. Griffin can opt out of the contract after the fourth year, a source said.

Griffin, 23, was named second-team All-NBA last season and has made the All-Star team two years in a row, including as a starter last season.

 
CBSSports Facebook Google Plus
COMMENTS
Conversation powered by Livefyre

nba Video

September 10, 2014
Danny Ferry's offensive comments (1:16)
1 September 5, 2014
Adam Silver says sports betting is inevitable
(2:21)
2 September 4, 2014
Deron Williams doesn't feel like a New Yorker
(2:11)
3 August 28, 2014
Doc gets extension
(1:44)

Latest

Most Popular

CBSSports.com Shop

Russell Wilson Seattle Seahawks Nike Platinum Jersey

Nike Platinum Collection
Get your team today
Shop Now