Norman Powell has been a pleasant surprise for the Toronto Raptors in the 2nd round of the 2015 NBA Draft.
He is a solid athlete with the capability of knocking down a corner three and provides good depth for the Raptors on the wing, the team is rewarding him for it with a four-year, $42 million extension.
ESPN story on Toronto guard Norman Powell’s $42M extension. https://t.co/BkIl63aXsH
— Adrian Wojnarowski (@wojespn) October 5, 2017
Powell’s extension will kick in during the 2018-19 season as he will make $1.4 million this season. He essentially got the same deal as Josh Richardson, another young player with similar skills and a similar game (I think Richardson is better).
Based solely on production levels and other contracts that were handed out this off-season, this seems like a slight overpay, but when you consider the rising cap and the increased role Powell projects to have as a potential starter this season, the contract makes sense.
His contract will never be an eye sore more than likely and if he continues to improve will likely look pretty good in a couple years.
We’ll see how many more extensions get done by the end of the month.