"Los Angeles Clippers forward Blake Griffin has agreed to a five-year contract extension, a source with knowledge of the situation told ESPNLosAngeles.com.
The extension had been expected as sources had told ESPNLosAngeles.com earlier this month that Griffin had informed team officials that he intended to sign an extension with the club.
Griffin could earn as much as $95 million dollars over the course of the five-year extension if he is voted an All-Star starter again or named to a second All-NBA team next season under the so-called "Derrick Rose Rule" in the new collective bargaining agreement.
Under another clause in the new CBA, rookies may extend their contracts by four years. However, a team may designate one player to sign a five-year extension.
Griffin was always going to be the Clippers' designated player, according to sources within the organization. However, had Eric Gordon not been traded to the New Orleans Hornets last December as part of the Paul trade, it might have created a problem."
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