According to Yahoo Sports, the Bucks and their 6’11 center are closing in on a contract extension that would pay Sanders $44 million dollars over the course of the next four seasons.
Per Adrian Wojnarowski:
Milwaukee Bucks center Larry Sanders is nearing completion on a four-year, $44 million contract extension, league sources told Yahoo! Sports.
Wojo also points out that the contract is laced with bonus incentives that could push the deal up to a reported $48 million.
Despite being selected with the 15th overall pick in the 2010 NBA Draft, Sanders came into the league relatively unheralded, though, much of that due to the fact he came out of Virginia Commonwealth University.
While Sanders hasn’t exactly impressed in the statistical columns (sans blocks), he has thrived in areas the box score doesn’t pick up. Sanders was given a +6 win share last season, his first averaging more than 14 minutes a game.
It’s certainly a costly deal, but, the Bucks are hopeful paying more upfront will give them a team friendly contract down the road.