THE CRUCIFIX: Cato: Wood isn't thrilled w/ his role...Will depart in the summer

[DanSchwartzgan]

@"F Gump" would know.

All I know is that IF that's a real deadline the dude isn't getting an extension.

I'm not Forrest, but I'm pretty sure there isn't a 12/24 "deadline".  Veteran extensions can be signed up to June 30.

Because he was traded, there are two versions of how Wood might be extended depending on when it is done.  He's eligible to be extended right now for up to two years beyond the current with a 20% initial bump and 5% raises...about $35mm dollars beyond what he's currently owed.

Six months from the trade (which is 12/24), he's eligible for up to four new years, same 20% bump initially and 8% raises.  That gets him to about $77mm extra dollars beyond his current contract.

If nothing is done after 6/30, He's unrestricted, but Mav's have full Bird rights.