Spurs, DeMar DeRozan Not Close On Extension

DeMar DeRozan and the Spurs continue to talk about the possibility of a contract extension, Sam Amick of The Athletic hears. However, the two sides are far apart.

DeRozan’s current deal runs through the 2020/21 season, though the final year is a player option worth roughly $27.7MM.

DeRozan could opt to hit the open market next summer or wait until the 2021 offseason. In either situation, he’s likely be considered one of the best players on the market. A max extension for the shooting guard would come in a roughly $150MM over four years, though it would require him to turn down his player option (as in it would run through the 2023/24 season).

San Antonio would prefer a two-year extension, which would give the franchise flexibility in the future. DeRozan previously indicated that he hasn’t spent much time worrying about an extension with the Spurs.

“That’s not on my mind,” DeRozan said. “My focus is to go out there and hoop. How everything will unfold, that’s how it will unfold.”

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