According to the Sacramento Bee’s Jason Jones, the Kings’ contract offer to forward/center Jason Thompson is starting at about $6 million a year, a three million dollar increase from last years salary and around a two million increase over his qualifying offer which the Kings extended to Thompson two weeks back:
Latest word is the Kings’ multi-year offer to Jason Thompson would start with a salary of about $6 million in the first year.
The fact that the Kings’ starting offer is “only” $6 million could be the reason for the lack of progress between the two sides as Thompson is most likely waiting for a larger outside offer that would force the Kings’ hand to either match or let the former Rider product depart for greener pastures.
Given the somewhat absurd free agent contracts (though, none are official yet and subject to change) handed out in the first few days of free agency, you certainly have to be concerned a team might offer Thompson more then the $6 million starting figure the Kings have, but I wouldn’t expect it to be substantially more or out of the Kings’ price range. The one concern is an outside team offering a difficult contract to match, like one with an included “poison pill” provision (essentially jacking up the contract to odd financial amounts in certain seasons, namely the last few years of the contract, making the player difficult to move down the road).
Thompson at $6 million is a pretty solid bargain for the Kings, given the normal standard pay for NBA big men – let’s just hope no opposing team attempts to jack up the price.