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Update: ESPN reports that talks between the Boston Celtics and Rajon Rondo are not dead like previously reported. Bill Duffy and Danny Ainge met in Cleveland last night after the Celtics offered Rondo a counterproposal to their original 5 year $45 million deal. Terms of the Celtics’ offer have not been disclosed though it appears to be enough to reopen negotiations
Multiple sources report that Rajon Rondo will not sign a extension with the Boston Celtics by the October 31st NBA deadline to extend players. The two sides met over the weekend to discuss a new contract for the 23 year old point guard, but the fiscal concerns of both sides hindered the possibility of agreeing on a deal.
If the deadline passes and the two sides can’t agree on a deal, Rondo will join teammate Ray Allen along with superstars LeBron James, Chris Bosh, and Dwyane Wade in the free agent market of 2010. What separates Rondo from the aforementioned players is that the Celtics’ guard will be a restricted free agent. The Celtics will be able to match any offer Rondo may receive on the open market.
Rondo’s agent, Bill Duffy, believes that Rondo should be paid enough to make him one of the top 5 highest paid point guards in the NBA. WEEI reported that the Celtics offered Rondo a five year extention at $45 million. Duffy and his client are believed to be seeking a deal in the five year $60 million range.
The deal Duffy is seeking would potentially give Rondo a more than $9 million pay raise. Rondo is currently making $2.3 million in the last year of his rookie deal.