6.01.2016

Ray Allen Signs $85 Million Dollar Extension

July 6, 2005
BASKETBALL


      All-Star guard Ray Allen agreed to a five-year, $85 million contract extension with the Seattle SuperSonics, his agent said. The former University of Connecticut star, who averaged a career-high 23.9 points last season, cannot sign the deal until the free agent signing period begins July 22, but Lon Babby said Allen plans on signing the contract at the first available moment. The contract includes $80 million in salary and $5 million in bonuses, although terms of the bonuses and the yearly breakdown of salary hasn't been determined. Seattle spokesman Marc Moquin said the team couldn't comment. 

Larry Brown's agent and Pistons president of basketball operations Joe Dumars spoke about the coach's future with the team, but did not reach a resolution. Brown has said that if doctors deem him healthy enough, he wants to return next season with the Pistons and he insists he will not coach another NBA team . . . The trial of Celtics guard Gary Payton and two of his former Milwaukee Bucks teammates, Sam Cassell and Jason Caffey , began yesterday in Toronto. The three were arrested in April of 2003 after an altercation outside a strip club and charged with aggravated assault . . . Point guard Orien Greene, theCeltics' second-round pick (53d overall) in last month's draft, had surgery to repair a fracture in his left foot . . . The Denver Nuggets signed first-round picks Julius Hodge (20th) and Linas Kleiza (27th).

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