The signs are pointing toward Lillard being interested in a Blazers extension offer this summer. Unlike other stars such as Kawhi Leonard, Paul George and Anthony Davis, who asked for trades instead of signing the supermax, Lillard has sent signals that he’s interested in locking up a quarter of a billion in the days leading up to his 29th birthday in July.
A “supermax” extension would pay Lillard up to 35 percent of the team’s salary cap in year one of the deal, instead of a “normal” maximum salary of 30 percent for a player with his experience.
Lillard technically hasn’t qualified for the 35-percent maximum yet, but making an All-NBA team this season will do it:
If Dame makes all-NBA next year he can sign "super max" (i.e. up to 35% of cap, up to 5 years) extension in 2019 OR 2020 b/c:— Eric Griffith (@EricG_NBA) September 7, 2018
☑️Played for only one team
☑️Made all-NBA in prior season or 2 of last 3
☑️7 or 8 seasons of service when deal is signed
Huge storyline to watch
There is, however, one catch for Lillard: He has two seasons remaining on his contract so if he signs this summer the extension can only add four additional years (i.e. it would expire in 2025). If he waits until next season he can an extension that expires in 2026.
The one-year difference is not trivial. His 2025-26 salary will probably exceed $50 million.
Salary cap estimate for 2020-21 is at $116M per ESPN on 6/30. Let's assume '21-'22 cap is $118M w/max 8% raises. Would put Lillard's supermax salary at: 21-22: $41.3M— Eric Griffith (@EricG_NBA) September 7, 2018
He'll be 35 when that contract expires https://t.co/WD2liF9dAP
Windhorst indicates that Lillard is motivated to negotiate a deal now, and possibly walk away from a significant amount of guaranteed money, because he is feeling “settled” with the Blazers despite any lingering ownership uncertainty.
There’s some uncertainty with the Blazers and their ownership situation. Though nothing firm has been announced, with Paul Allen’s death there is a possibility the team could be sold, which could change everything. Just last season, Lillard had a meeting with Allen to discuss the direction of the franchise, which was a little unsettling to the fan base.
That said, these days Lillard is feeling very settled. Whatever frustrations he talked to Allen about have calmed, sources report, and he’s very comfortable with his commitment to the Blazers. There are no Lillard concerns about ownership uncertainty right now, I’m told.