Tweet was deleted or there was problem with the URL:

https://twitter.com/WojYahooNBA/status/623566941257646080

Denver Nuggets forward Danilo Gallinari is finalizing an agreement on a two-year extension worth an additional $34 million on his contract, league sources told Yahoo Sports.

The deal is a restructuring that includes a $2.5 million increase on the $11.5 million owed to Gallinari as he enters the final year of his contract in 2015-16, sources said.
Under the newly negotiated terms, Gallinari will make $14 million this season, the first of a deal that runs through the 2017-18 season, sources said. He will make $15.5 million in 2016-17 and has a player option worth $16.1 million for the third year of the deal and a full trade kicker, sources said.

Gallinari is eligible for the extension because he’s signing a four-year-plus deal after three years from the date of his previous extension. The Nuggets have the requisite salary-cap space to redo Gallinari’s deal too, a benefit of trading guard Ty Lawson to Houston on Sunday night.

Under the same provision in the NBA’s collective bargaining agreement, Denver extended Wilson Chandler on a four-year, $46 million deal last week.

Denver has reached extensions with three core forwards in the past year: Gallinari, Chandler and Kenneth Faried.

Across six NBA seasons – and an interruption because of a torn ACL in 2013 – Gallinari has averaged 14.2 points and 36.7 percent on 3-pointers.

Gallinari, 26, played two-plus seasons with the Knicks, where he emerged as one of the NBA’s best young offensive forwards. The Knicks drafted him with the sixth overall pick in the 2008 NBA draft. New York traded Gallinari to Denver as part of the Carmelo Anthony deal in 2011.

Absurd money for a second maybe third tier wing player.

mreinman wrote:

BRIGGS wrote:

crzymdups wrote:

Tweet was deleted or there was problem with the URL:

https://twitter.com/WojYahooNBA/status/623566941257646080

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

brilliant deal for denver

I figure by yr 4 (of melos contrat), the top players in the league will be making upwards of 30 to 35 million a yr.

Let each succeed on their own merits! If every team only resigned players that never got injured they would have thin rosters.

Nalod wrote:Kicking Him down won't elevate Melo up.

Let each succeed on their own merits! If every team only resigned players that never got injured they would have thin rosters.

many of us like gallo a lot yet he has had a very disappointing career yet he is getting paid as if he hasn't

stop policing everyone

If the docters don't think his previous injuries are chronic then look at what he does on the court when he is there.
I don't make the numbers, but it seems like we love to kick down traded players once they are gone. Me70 Homers usually feel better about trades when those guys are out.

Last I saw neither franchise did well with the trade they made. NY got a marketable player. I Like Melo, and I liked Gallo, Shy Wilson and THE MOZ.
The money is crazy. That I agree.

mreinman wrote:

BRIGGS wrote:

crzymdups wrote:

Tweet was deleted or there was problem with the URL:

https://twitter.com/WojYahooNBA/status/623566941257646080

Thats a pretty smart deal by both sides. You take Gallo's 11mm this year and add 34mm 45mm over 3 is 15mm per which is about right. 45mm total is not a huge commitment compared to 75-85. In Gallaos case hes been injured severely 2wice. Taking the 34mm is smart.

brilliant deal for denver

Brilliant?

Nobody was going to pay him that money. Gms are throwing money at guys just because the cap is going up. It's ridiculous. How do these teams get better if everyone is getting over paid? The punt of the extra cap is to sign more players not over pay for 3rd tier mediocrity.

WaltLongmire wrote:They are paying him for how he plays when healthy. Players have no control over getting injured. Might have had some bad medical folks working on him after the injury a few years ago, too.

Even with a new coach they think he has value.

Playing a full season would be a nice thing, though.

I used to be able to dunk. Should I get paid 17 mil a year for what I used to be able to do?