
Coming into the season,
Stephen Jackson had an ideal contract from his employer's perspective: not only was it affordable (he's making just $7.1 million), it also conveniently expired just in time for the summer of 2010. Jackson
made some noise this summer about wanting an extension, but at the end of the day he had no leverage.
Why should the Warriors jeopardize their future cap space by giving a 30-year-old (former) head case an extension? General manager
Chris Mullin knew it'd be a mistake ... which is why
Jackson went behind Mullin's back to negotiate with team president
Robert Rowell.
Today, the Warriors announced that Jackson received his extension, and as
Janny Hu of the San Francisco Chronicle points out, the team's press release notably features quotes from Rowell without a single mention of Mullin. (Heck, for all we know, Mullin may have learned about the extension from that very press release.) The team didn't officially reveal the terms of the extension, but it's believed to be for three years and $28 million, keeping him under contract through 2013 while granting him the highest annual raise allowed under NBA rules. He'll be 35 years old in the final year of his contract.