Hamilton looks for contract extension
Washington Wizards shooting guard Richard Hamilton has asked his team to extend his contract prior to next summer, when he is scheduled to become a free agent.
Hamilton, who is likely to be the Wizards' focal point on offence with or without Michael Jordan in the lineup, will earn $2.68 million this season, and could receive a maximum six-year extension with a first-year salary of up to $10 million.
"Richard has expressed his desire to remain with the Wizards long term and that the Wizards make that same commitment to him by extending his contract this summer rather than letting him become a restricted free agent after this season," Hamilton's agent Leon Rose told the Washington Post.
The Wizards have until October 31 to extend Hamilton's contract or wait until next summer. Hamilton averaged a career-best 20 points last season, second on the team only to Jordan's 22.9.
Washington has cleared up cap room over the past two years which could amount to as much as $10 million next season, but extending Hamilton's contract could take a large slice out of the pie.