New Orleans Pelicans star Anthony Davis is reportedly expected to receive a new contract offer with a five-year deal worth over $140m from the franchise.
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Davis is eligible for a contract extension this summer and the Pelicans are set to waste no time in securing his long-term future and rewarding him for his improved play this year.
The exact figures have not yet been determined according to ESPN, as much depends on the salary cap rise in 2016 which will undoubtedly have a huge effect on various franchises and players.
Nevertheless, the intention for the Pelicans is to offer the biggest deal that they can to Davis when they are permitted to open negotiations on July 1.
New Orleans would then have until October 31 to convince him to sign a five-year deal which would make him their designated player.
The 22-year-old enjoyed a stellar season this year as he led the Pelicans to the playoffs, appeared in the All-Star Game, was a legitimate contender for the MVP award at one stage and continued his impressive form into the post-season in the first-round loss to the Golden State Warriors.
Davis averaged 24.4 points, 10.2 rebounds and 2.9 blocks per game while averaging 31.5 points per game in the four games against the Warriors in the playoffs.
If he does sign a new contract, it would undoubtedly be a huge coup for New Orleans as they will essentially continue to make him the focal point of their roster and build around him in order to continue to be competitive in the Western Conference.
The NBA’s new nine-year TV deal is understood to be worth $24 billion and is expected to come into force at the start of the 2016/17 season but will have an impact on free agency talks as early as this summer.