Oct 16, 2013; Chicago, IL, USA; Detroit Pistons center Greg Monroe (10) is defended by Chicago Bulls power forward Carlos Boozer (5) during the second half at the United Center. Chicago won 96-81. Mandatory Credit: Dennis Wierzbicki-USA TODAY Sports

Detroit Pistons unlikely to offer Greg Monroe contract; to become restricted free agent?

The Detroit Pistons have until October 31st to offer big man Greg Monroe a contract extension, one that he is unlikely to receive, this according to the Detroit Free Press:

There’s a reason why you haven’t heard a lot about Greg Monroe’s contract situation — there’s nothing to report.

It’s highly likely that the fourth-year power forward won’t receive a contract extension from the Pistons before the Halloween deadline, meaning Monroe will be a restricted free agent next off-season.

While on the surface that may seem scary for Pistons fans, it’s not.

Monroe will go into free agency as a restricted free agent, allowing the Pistons to match any contract offer he is presented. In short, Detroit is hoping to have the market set a price for Monroe rather than following suit with teams who extended players this offseason, say like the Sacramento Kings who gave center DeMarcus Cousins a five year, $80 million dollar deal.

By waiting things out, the Pistons are essentially hoping some team will offer Monroe a contract below market value that they can match. Of course, as we’ve seen in the past, these things can backfire, but those instances are pretty rare.

Tags: Detroit Pistons Greg Monroe

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