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NBA Obsessed takes you into the hit and run game of NBA Basketball.

Maybe you have missed the big news about the economy? It is becoming more apparent that the whole crash thing with the banks and the stock market was all a hoax or maybe it has run its course, because money is floating around everywhere. Boston just floated a whole boat load of money over to Rajon Rondo to keep him from becoming a restricted free agent in the upcoming blockbuster free agent market of next year.

League sources said the extension is for five years and guarantees Rondo at least million. With the two sides facing a Monday deadline to get a deal done, Duffy said he called Celtics president Danny Ainge on Sunday to inform him Rondo was prepared to play out his contract and become a restricted free agent next summer because they weren’t satisfied with the team’s previous offers. Ainge, however, surprised Duffy by responding that Rondo’s contract hopes would be met.

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Rajon is on an old Boston team where the 4 All Star players are all over 30. That would include Ray Allen, Paul Pierce, Kevin Garnett, and the newly picked up Rasheed Wallace. Rajon is not only young, but gives the speed to a team that needs speed.

Rajon is rich!

The money is also being floated to other players and hopefully you will get your share, but you have to have a jump shot or something.

Rondo’s new deal averages million a season, the same amount San Antonio Spurs All-Star point guard Tony Parker(notes) earned when he signed a six-year, million extension to his rookie contract in 2004. Among members of Rondo’s 2006 rookie class, Portland Trail Blazers All-Star guard Brandon Roy received a five-year, million contract extension. The Blazers also gave forward LaMarcus Aldridge a five-year, million extension.

You have to wonder how expensive seats will have to stay at the NBA games to support these salaries, while the rest of us are taking layoffs, furlough days, and pay cuts.

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