Blog Entry

Report: Grizzlies ink Zach Randolph to extension

Posted on: April 17, 2011 8:23 pm
Edited on: April 17, 2011 9:26 pm
 
The Memphis Grizzlies have reportedly agreed to a four-year contract extension with power forward Zach Randolph. Posted by Ben Golliver. zach-randolph

Fresh off their first playoff victory in franchise history, the Memphis Grizzlies have reportedly locked up power forward Zach Randolph to a long-term contract extension. ESPN.com reports that the Grizzlies and their leading scorer have "agree[d] to 4-year, $71 million contract extension, according to league sources... $66 million fully guaranteed, plus $1.3 million in incentives each year." The site also reported that the final year of the deal is a player option.

A deal had been rumored to be close for nearly a month, as word that the two sides were close first circled in March and then again in early April

Memphis's core is now virtually complete. They've locked up wing Rudy Gay, starting point guard Mike Conley and now Randolph to extensions. The final piece is expected to be center Marc Gasol, who is a restricted free agent this summer. 

Randolph has long been a boxscore stuffer and this season was no exception. He averaged 20.1 points and 12.2 rebounds, the third straight year he's averaged more than 20 points per game and the fifth straight year he's averaged double figures in rebounds.

This contract doesn't come without concerns. Randolph is 29 years old, meaning he will be 33 when the deal completes. While he doesn't rely on overwhelming athleticism to generate his numbers, there's no question his production will tail off during that time period. An average salary of nearly $18 million usually would be reserved for a franchise player. Randolph is likely worth that figure to the Grizzlies next year, but will he be in year four?

Avoiding a fifth year is really the only strength of this deal from Memphis' perspective. At some point, though, it becomes "pay to play" time. Not retaining Randolph would have killed the positive momentum created during this year's playoff run and set the Grizzlies back on a semi-rebuilding course, looking for a dominant low-post player without the luxury of a lottery pick to try to find one. In this case, over-paying is probably better than rebuilding and there's also a decent chance that at least some of next year's salary won't be paid due to a lockout, plus an outside chance that there will be salary rollbacks that could affect the total number Randolph will end up receiving over the entirety of the deal. (It's worth noting that a new Collective Bargaining Agreement plus Randolph's age at the end of the deal makes it very unlikely that he will exercise his player option.) 

Nevertheless, this is a huge win for Randolph, who got his final, big NBA payday before a potential lockout. He gets not only a fat salary but also the peace of mind that goes with continuity in knowing where he will play for the foreseeable future. That's something that he hasns't had playing for four teams in the last five seasons.
Comments

Since: Sep 5, 2006
Posted on: April 18, 2011 10:27 am
 

Report: Grizzlies ink Zach Randolph to extension

These are exactly the types of contracts that the owners are going to use as evidence to lock the players out for an entire season. This is the type of contract that the owners will use in their attempt to change the NBA into something we don't recognize. I'm not saying Randolph does not deserve it. Given the market currently in place, he does. But the league is two months away from a lockout driven by a collective cry of poverty and has not learned a ****ing thing.



Since: Sep 7, 2007
Posted on: April 18, 2011 9:26 am
 

Report: Grizzlies ink Zach Randolph to extension

This is a great move, im glad to see the Grizz arent going to turn penny pincher anytime soon. The biggest concern is how Randolph will play after he gets the money. Everyone knows how much he likes to eat....



Since: Nov 27, 2010
Posted on: April 18, 2011 9:06 am
 

Report: Grizzlies ink Zach Randolph to extension

This is money well spent after Sunday's proformance I said Z-bo needed 25 and 15 to win the series hes on track. I like the Griz to get to the next round this one in 7, I be watching!!!!




Since: Jun 22, 2007
Posted on: April 17, 2011 11:12 pm
 

Report: Grizzlies ink Zach Randolph to extension

teams don't give 4-year contracts because they expect they guy to perform well for the first couple years. The team designs the contract so that the player will still be earning his money at the end of the contract. not just the beginning.



Since: Aug 18, 2006
Posted on: April 17, 2011 10:09 pm
 

Report: Grizzlies ink Zach Randolph to extension

 

UrGirl,

   I was responding to the author's suggestion that Randolph's production may decline over time and that this new contract, once expired, may not pass cost/benefit analysis:

 

"Randolph is 29 years old, meaning he will be 33 when the deal completes."

 

   Learn some inference skills!

I know exactly what you were refering to (perhaps it's best to take your own advice, and learn some inference skills before asking someone else to).

 


What you should be pondering is not that Randolph is going to be 33 at the end of his contract but that Randolph is going to be an All star at the heart of his contract, right now at 29, 30, 31.  When the Bulls gave Boozer in his late 20' a 5 year deal, they weren't thinking "Jeez, I wonder if he is an all star in his last year" nope he is 29 they are thinking about the heart of the contract.  The Knicks are not thinking about year 5 of Amare's contract when he has lost his athleticisim, speed and playing on multiple surgery rapaired Knees, none of these teams expect All star play on the end years of the contract.  they expect it in early years, the heart of the contract years.
Sorry, I had to take you to school on nba contracts.  Memphis is not concerned about what Randolph does at 33, they are concerned about 29. Stop concerning yourself with what will happen in 2015.



Since: Mar 1, 2007
Posted on: April 17, 2011 10:00 pm
 

Report: Grizzlies ink Zach Randolph to extension

If he could lose 5-6 pounds it will MORE than make up for going into his 30's and keep his effectiveness because he likes to "bang" inside.



Since: May 22, 2009
Posted on: April 17, 2011 9:11 pm
 

Report: Grizzlies ink Zach Randolph to extension

UrGirl,

   I was responding to the author's suggestion that Randolph's production may decline over time and that this new contract, once expired, may not pass cost/benefit analysis:

 

"Randolph is 29 years old, meaning he will be 33 when the deal completes."

 

   Learn some inference skills!




Since: Aug 18, 2006
Posted on: April 17, 2011 8:56 pm
 

Report: Grizzlies ink Zach Randolph to extension

@WestCoastGator,  Zach Randolph is 29, not 33.



Since: May 22, 2009
Posted on: April 17, 2011 8:54 pm
 

Report: Grizzlies ink Zach Randolph to extension

Plenty of 33-year-olds have been All-Stars (see Tim Duncan, Dirk, etc).  I see no reason why Randolph should not be an All-Star candidate over the next four years.


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