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A Philadelphia 76ers blog, hosted by Christopher A. Vito

Thursday, November 1, 2012

SIXERS BEAT (MIDNIGHT) BUZZER, GET JRUE HOLIDAY CONTRACT EXTENSION

(AP)
Jrue Holiday said it all day Wednesday. From a.m. shootaround to p.m. postgame, Holiday made it clear he wanted to stay in Philly and a contract extension prior to the midnight deadline was what he wanted.

Holiday got his wish.

"It’s Halloween. You never know what’ll happen," Holiday said.

According to multiple sources, including ESPN's Marc Stein, Holiday and the 76ers reached an accord last Wednesday night and just under the midnight cutoff. Stein is reporting that the extension for Holiday equates to four years, $41 million.

A source told the Daily Times the Sixers "made a deal right before the deadline." Specifics other than those reported by Stein were unknown.

Had the Sixers not gotten a deal done with Holiday, they would've had a chance to make a qualifying offer sheet for the fourth-year point guard after this season, but Holiday at the least would've been a restricted free agent. If he signed the offer sheet for the 2013-14 season, Holiday would've been an unrestricted free agent in 2014-15, and the Sixers certainly didn't want that.

“You know, honestly, I want what I want,” Holiday said, prior to the Sixers’ season opener with Denver.

Holiday had said all day Wednesday that he had a number in his head --- and what he wanted was reportedly near $14 million per season --- and that he wasn't willing to budge much. But he also expressed a desire to stay with the Sixers.

The deal, just under the deadline, accomplished that.

"There are two hours and 17 minutes left -- an eternity in the 'deal' business," Sixers owner Josh Harris told Daily Times columnist Jack McCaffery after the season-opening win.

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