Posted at 12:11 p.m., Thursday, November 1, 2007
NBA: Jefferson gets $65M deal from Timberwolves
By Jon Krawczynski
Associated Press
In fact, that was what his agent advised him to do, hoping that a big season and his status as a restricted free agent would have brought the 22-year-old power forward the highest contract allowable under league rules.
Jefferson ignored that advice and signed a five-year, $65 million deal just before the deadline last night. In the era of "Show me the money!" and "bling bling," Jefferson's reason was stunningly humble.
"I didn't even think I was worth max (money) this year anyway," Jefferson said at a news conference today. "I would've been a fool to go up there and ask for max, having not really proved myself for that. So the number I got was the number that was my goal from Day 1. And I think it was a win, win situation."
At an average salary of $13 million per season that starts next year, Jefferson certainly won't be starving. But Timberwolves vice president of basketball operations Kevin McHale said that had Jefferson signed a max deal, he would have been entitled to 25 percent of Minnesota's salary cap.
Depending on where the cap is set in each of the next six years, Jefferson likely would have made more than $15 million per season.
"I can tell you around the league, 85 percent of the people feel they're worth max," McHale said with a chuckle. "Al's in the minority of 15 percent that doesn't believe he deserves max."