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ESPN Report: Pelicans will offer Anthony Davis maximum contract July 1st

Do we file this away under "obvious" or "no brainer"?

Derick E. Hingle-USA TODAY Sports

In a report that we can assume belong right next to "the sun will rise tomorrow," Marc Stein states that the New Orleans Pelicans will offer Anthony Davismaximum contract offer on July 1st. This should not come as a surprise to anyone who has visited our site in the last year.

Just as the Cleveland Cavaliers offered Kyrie Irving the same deal last summer, this is a no brainer. Irving agreed to the extension early on July 1st last year; it was reported by Adrian Wojnarowski at 2:23 AM.

More details, more precise than my crude estimates, came forth later in the afternoon from Larry Coon. Coon writes the CBA FAQ, our go-to source whenever there is a question about contracts, the salary cap, and other financial minutae around the NBA.

Remember that these numbers are still just estimates, based on an $89 Million salary cap for the 2016-17 season. That estimate is directly from the NBA but can change. The exact figures will not be known until after the salary cap for 2016-17 is established; July 11, 2016 after the moratorium is lifted. Each year the 10 day moratorium is when the NBA audits their finances to create the new salary cap number, among a myriad of other things.

I wrote this two months ago and it continues to be true. It is good to be Anthony Davis.

If the Pelicans offer Davis the full amount (which I have every reason to expect they will) the top end of this contract will be over $140 Million for five years. The richest contract in the NBA this summer will be his with a the stroke of a pen.