There is reportedly “mutual interest” between the Spurs and Chris Paul, and the Clippers are said to view San Antonio as a legit threat in the CP3 sweepstakes. However, that doesn’t mean the Spurs are the frontrunners to land the All-Star point guard. According to Adrian Wojnarowski of The Vertical, the Clippers remain the “overwhelming favorite” to re-sign Paul.
Appearing on CBS Sports Radio with Gary Parrish on Sunday, Wojnarowski said he has a hard time imagining Paul leaving Los Angeles. Not only can the Clippers offer more years and dollars than any other team, but CP3 also still has significant marketing opportunities in the L.A. area, Wojnarowski observes. By comparison, the Spurs appear to be more of a long shot to sign Paul.
“I’ve spent a lot of time around the Spurs this spring,” Wojnarowski said. “They would have to just tear up that entire payroll. It’s almost unlike anything the Spurs would’ve done or would do to even have a chance at him. I mean, they’d have to really gut the roster. And to do that for a 30-plus-year-old point guard, who has a couple great years left, there’s no question — I think there’s more pressure on the Clippers to have to re-sign him than for the Spurs to turn their whole franchise over to make a run at him.”
As Wojnarowski alludes to, the Spurs don’t currently have the cap room to make a run at Paul, so if they were to seriously pursue him, they’d have to move some salary, which would likely mean surrendering key pieces.
Even if San Antonio had the space to make a max offer to CP3, the team’s proposal would still fall $50MM+ short of what the Clippers could put on the table — L.A. can go up to five years (instead of four) with 8% raises (instead of 5%) for Paul. Based on a $101MM cap projection, Paul could land up to about $205MM over five years with the Clips.