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Reading: Brandon Ingram Reportedly Rejected $50 Million Per Year And $40 Million Extension From Pelicans
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Home > NBA Trade Rumors > New Orleans Pelicans Trade Rumors > Brandon Ingram Reportedly Rejected $50 Million Per Year And $40 Million Extension From Pelicans

Brandon Ingram Reportedly Rejected $50 Million Per Year And $40 Million Extension From Pelicans

Brandon Ingram declines massive Pelicans extensions, fueling trade rumors as New Orleans faces tough decisions ahead of the NBA trade deadline.

Vishwesha Kumar
Dec 11, 2024
5 Min Read
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Mandatory Credit: Stephen Lew-Imagn Images

Brandon Ingram’s contract negotiations and future with the New Orleans Pelicans have become a major talking point as reports reveal he turned down massive extension offers from the franchise. According to ESPN’s Shams Charania, Ingram declined a $50 million per year extension in 2023 and another offer worth $40 million annually this past offseason. These rejections have fueled speculation about the Pelicans potentially trading the star forward before the February 8 trade deadline.

Ingram’s decision to turn down such lucrative deals is surprising, especially considering his recent injury history. The 27-year-old is currently sidelined with a sprained ankle, compounding the Pelicans’ struggles as they sit at the bottom of the Western Conference with a 5-20 record. 

Despite his setbacks, Ingram remains a highly productive player, averaging 22.2 points, 5.6 rebounds, and 5.2 assists per game while shooting 46.5% from the field and 37.4% from beyond the arc this season.

Sources close to the situation believe that Ingram’s motivations go beyond money. He has reportedly been frustrated with the Pelicans’ inability to remain competitive, especially with ongoing injury issues surrounding Zion Williamson and other key players. Turning down these offers could signal his desire to join a team with a stronger chance of competing for a championship.

The Pelicans’ challenges extend beyond Ingram’s contract demands. Charania explained that the team’s salary cap constraints make it difficult to offer him an extension even at his current $36 million salary. This financial limitation has reportedly pushed the Pelicans to consider the trade market as a more viable option, especially with Ingram set to become a free agent next summer. The franchise risks losing him for nothing if they fail to negotiate an extension or secure a trade.

Adding to the intrigue is Ingram’s recent move to Klutch Sports for representation. The agency is known for securing lucrative deals for its clients and will likely push for a maximum contract. However, it remains uncertain if Ingram can secure an offer larger than what the Pelicans initially proposed, especially given his injury concerns and New Orleans’ struggles.

The Pelicans are facing broader roster challenges as well. Injuries to key players, including Zion Williamson, have derailed the team’s season, leading to increased speculation about potential trades. Veteran CJ McCollum and rising talent Herb Jones have also garnered interest from other teams, further suggesting that New Orleans may be considering a significant roster overhaul.

Ingram’s case highlights the complexities of navigating player contracts in today’s NBA. While his decision to bet on himself is commendable, it also comes with significant risk. Turning down a $50 million per year offer places immense pressure on Ingram to prove his worth and remain healthy, especially as he approaches unrestricted free agency.

For the Pelicans, the situation presents a dilemma: trading a player of Ingram’s caliber could yield valuable assets, but it also signals a step back for a team that reached the playoffs in recent years. Whether the Pelicans choose to rebuild or retool around their current core, their handling of Ingram’s situation will play a pivotal role in shaping their future.

As the trade deadline approaches, all eyes will be on New Orleans to see whether they retain Ingram or move him in exchange for assets that could help reset the franchise’s trajectory. For Ingram, the stakes have never been higher, as his next move could define the trajectory of his career.

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Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We appreciate your support.

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ByVishwesha Kumar
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Vishwesha Kumar is a staff writer for Fadeaway World from Bengaluru, India. Graduating with a Bachelor of Technology from PES University in 2020, Vishwesha leverages his analytical skills to enhance his sports journalism, particularly in basketball. His experience includes writing over 3000 articles across respected publications such as Essentially Sports and Sportskeeda, which have established him as a prolific figure in the sports writing community.Vishwesha’s love for basketball was ignited by watching LeBron James, inspiring him to delve deeply into the nuances of the game. This personal passion translates into his writing, allowing him to connect with readers through relatable narratives and insightful analyses. He holds a unique and controversial opinion that Russell Westbrook is often underrated rather than overrated. Despite Westbrook's flaws, Vishwesha believes that his triple-double achievements and relentless athleticism are often downplayed, making him one of the most unique and electrifying players in NBA history, even if his style of play can sometimes be polarizing. 
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