It was reported earlier in the week that Michael Kidd-Gilchrist was finalizing a four-year, $52 million extension with the Charlotte Hornets, and the Hornets made the deal official on Wednesday. Another tidbit about the deal came out, as Rick Bonnell of The Charlotte Observer reports the fourth year of the extension is a player option.
That player option may have helped Kidd-Gilchrist accept this deal even though he could’ve gotten a lot more next summer, although the 21-year-old forward said in his Wednesday press conference that he doesn’t “do this for the money.”
The player option will allow Kidd-Gilchrist to potentially hit the free-agent market in 2019, when he’ll still be just 25 years old and entering the prime of his career. If he continues to develop, he’ll be looking at a huge contract that summer.
Kidd-Gilchrist has blossomed into one of the better perimeter defenders in the league, and his offense improved last season thanks to a reworked jump shot. If his offensive game continues to improve, the extension will be a major bargain.