The collective bargaining agreement allows for players to receive extensions with two years left on a six-year deal. After this season, Davis will have two years remaining on the six-year, $84 million deal he signed with the Charlotte Hornets in 2003.
"For a while, I always wanted to get back to home and be in L.A., just because of my comfort and feeling stable being around family and friends," Davis said at morning practice before Game 5. "But the way I look at it in my career, and the things that I'm trying to achieve as a basketball player both on and off the court, I feel like the Bay Area is a great fit for me. Hopefully, we can do all the things necessary for me to stay."
The risk for Warriors, if they decide they want to keep Davis long term, isthat Davis has an opt-out clause after next year. He could become a free agent available to the highest bidder. If he has a breakout season next year, his stock will skyrocket especially with teams such as Atlanta, Orlando, Dallas, Cleveland, Houston and both Los Angeles teams in desperate need of a top-notch point guard.
There is also a risk for the Warriors in committing six years to a player who has missed 140 games over the last five years, most due to injury. But Davis' biggest selling point is the national appeal he brings and the reality that great point guards don't reach their prime until their early 30s, which is evidenced by Steve Nash (33), Jason Kidd (34) and Chauncey Billups (30).
Beginning July 1, the Warriors can add up to an extra four years to the end of his contract, as players are allowed to be under contract for only a maximum of six years. The largest extension Davis is eligible for under collective bargaining agreement rules is a four-year, $89.9 million extension.
"I definitely want to get a six-year extension," said Davis, who is slated to make $16.4 million next season, and $17.8 million in 2008-09. "That will take me to (age) 34, right where J-Kidd is now, and I can continue to be doing the same things up until I'm 35. My first goal when I got here was to get us to the playoffs. Now that we've done that, my next goal is get us to the championship. I feel that we're on the verge of something special here, and we can continue to compete for a championship."