Nets to extend Jefferson's contract
New Jersey Nets have reached an agreement in principle with Richard Jefferson
on a multi-year contract extension, Nets CEO Rod Thorn announced today. As per
club policy, terms of the agreement were not released, but InsideHoops.com hears
that the deal is for $78 million over six years.
"Richard's work ethic over the past three years has produced a significant development
in his basketball performance," said Thorn." The Nets management feels very strongly
that Richard will continue this upward spiral and be a cornerstone of this franchise,
and we are very pleased that he will continue his basketball career past his current
contract with the New Jersey Nets."
The Nets acquired Jefferson on June 27, 2001 from the Houston Rockets as part
of a four-player trade. Jefferson has career stats of 14.5 ppg, 5.3 rpg and 2.7
apg, while shooting 48.9% from the field in the regular season and marks of 12.5
ppg and 5.6 rpg, while shooting 45.5% from the field in 51 playoff games over
Jefferson, a member of the 2004 U. S. Olympic Team finished second in the 2001-02
NBA Rookie of the Year voting (Pau Gasol), and was named to the "Got Milk? All-Rookie
Second Team." Last season, Jefferson averaged 18.5 ppg and 5.7 rpg, 3.8 apg, 1.12
spg in a career-high 82 games. On the season, he ranked first on the team in points
(18.5 ppg) and minutes (38.2). The 49.8% from the floor ranked him 12th in the
NBA and he finished tied for 17th in minutes per game (38.2). He recorded nine
double-doubles last season and recorded 38 games with 20 or more points. The NBA
named Richard Jefferson the 'Eastern Conference Player of the Week' for games
played Monday, March 29 through Sunday, April 4. Jefferson averaged 22.5 points
on .579 shooting, 8.8 rebounds and 6.8 assists in leading the Nets to a 3-1 record.