Hornets All-Star point guard Chris Paul agreed to a three-year contract extension with a player option for a fourth year, his agent Lance Young said Thursday.
The deal is estimated at $68 million, which will push Paul's yearly salary starting in 2009-10 to more than $20 million per season. Under NBA rules, Paul cannot sign the deal until July 9.
"The deal is done,'' said Young, who declined to go into more specifics regarding the deal.
22+million a year

And after the 3 years he can sign a bigger contract......