Chris Paul rejects extension, won’t rule out joining the Knicks
Could Chris Paul end up in a New York Knicks jersey after all? Two years ago at Carmelo Anthony’s wedding, Chris Paul proclaimed, Carmelo, Amar’e and himself would form their own big three. Well Knicks fans, you have received a glimmer of hope as Paul rejected an extension that would have kept him in Los Angeles for three more seasons.
“I know why I didn’t sign my extension,” Paul said on Sunday before the U.S. Olympic team practiced. “I’m going to play this season out and see what my options are.”
Now before Knicks fans jump to conclusions, it makes financial sense for Paul not to sign the extension, because he can receive a much larger contract at five years 108 million dollars if he waits until next summer.
Paul wouldn’t entirely rule out ending up in a Knicks uniform and neither would Anthony, who smiled when asked about Paul’s future prospects.
I’m not sure how the Knicks would be able to pull this off with their own salary cap restraints. However, if Jeremy Lin grows from last year’s epic run, he could be the potential trade chip in a blockbuster Chris Paul sign and trade deal. The Knicks do have Iman Shumpert that a lot of teams would covet as well. First round picks would have to be included, in which the Knicks sorely lack, and wouldn’t be able to offer a first round pick until 2016.