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Jonas Valanciunas, Pelicans Agree to 2-Year, $30.1M Contract Extension

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The Unique Orleans Pelicans and Jonas Valanciunas agreed to a two-365 days, $30.1 million extension Wednesday, in accordance to ESPN’s Andrew Lopez.

The light heart is signed for $14 million this season, and his unique contract will dash into perform in the 2022-23 advertising campaign. Here’s his first 365 days with the Pelicans, who bought him from the Memphis Grizzlies as phase of a three-team alternate.

ESPN’s Bobby Marks supplied context relating to the financial particulars:

Bobby Marks @BobbyMarks42

The two 365 days $14.7M and $15.4M extension became as soon as the maximum that Unique Orleans might maybe offer appropriate now.

Valanciunas became as soon as traded in the offseason and the most he might maybe signal for became as soon as an whole of three seasons (including what became as soon as left on his contract) and a 5% elevate. https://t.co/RpANzsodDZ

Valanciunas averaged 17.1 aspects, 12.5 rebounds and 0.9 blocks with Memphis in 2020-21. He also supplied some floor-spacing, hitting 21 three-pointers and knocking down 36.8 percent of his prolonged-differ opportunities.

The six playoffs trips he made with the Grizzlies and Toronto Raptors might maybe simply silent even be beneficial to a franchise trying to develop a breakthrough.

Will Guillory @WillGuillory

Quote from David Griffin on the Devonte’ Graham, Jonas Valanciunas additions in the Pels open pic.twitter.com/5LgL8jrwg1

By hammering out extension terms now, the Pelicans preserve away from a that you might deem of bidding war for Valanciunas subsequent offseason. A $15 million annual wage might maybe simply silent be trusty label too.

The 29-365 days-passe, meanwhile, is getting prolonged-time duration security. Free company might maybe be unforgiving for older immense males, so there became as soon as no divulge he’d safe the roughly contract the Pels supplied. Andre Drummond is a two-time All-Valuable particular person and four-time rebounding champion, and he settled for the light minimum with the Philadelphia 76ers in August.

This might simply no longer present powerful certainty about Valanciunas’ future in Unique Orleans, though.

The Pelicans handed Steven Adams a two-365 days deal closing November after his alternate from the Oklahoma City Grunt, but they moved him to the Grizzlies as phase of the Valanciunas alternate.

Zion Williamson is eligible to change into an unrestricted free agent in 2024, and nothing looms increased for the organization than his commitment past that. If the entrance predicament of job has any reservations about Valanciunas’ match in the frontcourt, then it might maybe maybe simply have to deem about yet any other heart probability to pair with Williamson internal.

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