Jameer gets extension.

[Pugz]

Florida Today -
Jameer Nelson and the Orlando Magic reached an agreement Tuesday night on a contract extension that will keep the point guard with the team for at least five more seasons, according to a source familiar with the negotiations.

Nelson had until midnight Wednesday to get an extension signed or he would have become a restricted free agent next summer. Fearing that he might have had to play this season without a contract extension, Nelson revealed recently that he had taken out an insurance policy to cover him in case of a career-threatening injury.

The exact specifics of the deal were unknown, but the Magic had been offering Nelson a five-year, $30 million deal. Nelson, 25, had hoped to get a contract similar to the $42 million pact that point guard Devin Harris signed with the Dallas Mavericks .

It is believed that the two sides met somewhere in the middle.

``I’m a starting point guard. I need starting point guard money,’’ Nelson said on Monday, a day before the deal was finalized.

 

[CameronCrazy06]

I'm mixed about this move. I don't think Nelson has done much to warrant an extension. Many feel he regressed in his third season. I know he's our starting PG, but still.

At the same time, I feel this might motivate him to prove why he is worthy of starting PG money. Hopefully it gives him a chip on his shoulder...