Doc Gets An Extension
September 10, 2008 by Mike
Winning championships in professional sports equals large contracts in the future. And that what is exactly happened to Doc Rivers yesterday. According to Yahoo! Sports, Rivers is set to ink an extension to the 2010-2011 season averaging $5.5 Million a year with the ability to reach $7 Millions based upon playoff performances. Some might see this a coup for the Celtics, there have been rumors in the past that Doc may return to TV, so that he can spend more time with his family. More from Yahoo!:
After winning the NBA championship, Doc Rivers and the Boston Celtics have reached agreement on a contract extension through the 2010-2011 season, a league source familiar with the deal told Yahoo! Sports.
The contract has not been signed, but Celtics officials and Rivers’ agent, Lonnie Cooper, are in the process of finishing up the paperwork, the source said.
When reached by text message later Tuesday, Rivers confirmed to Yahoo! Sports that he had recently come to terms but didn’t want to make “a big deal about it.”
After an emotional year in which Rivers lost his father, Grady, in November, there had been some concern that he might consider leaving coaching for a return to television. With approximately $5.5 million a season in the new deal – and postseason incentive clauses that could drive his annual total to $7 million – to go with a chance to win more titles, Rivers never seriously considered walking away.
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What’s up Doc?