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Steve Francis is up for a contract extension this offseason. The Rockets will offer him the max and he will accept it... That much we know... The extension will go into effect in 2004 (next season he will play the 4th year of his rookie contract for $4,383,000) then the max will kick in. The question is, how much will the max be? If it's approximately $85 million like it was last year (Dirk Nowitzki, Paul Pierce, Vince Carter, and Antawn Jamision signed for that amount) then Francis will make the numbers on the left. If it's $100 million, he'll make the numbers on the right. There are 12.5% increases each year.

<b>TOTAL: $85,000,008.......................$100,000,001</b>
Year 1: $10,474,187........................$12,322,572
Year 2: $11,731,089........................$13,801,281
Year 3: $13,138,820........................$15,457,434
Year 4: $14,715,479........................$17,312,326
Year 5: $16,481,336........................$19,389,806
Year 6: $18,459,096........................$21,716,582
 

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If the Rockets don't offer max another team will surely offer him a max contract. We know that if Francis is not happy he will demand a trade (Ex. Vancover). I wouldn't want to mess around with Francis. I would offer him a max contract in a flash.
 
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