Report: Clippers, Lou Williams Nearing Extension

Lou Williams and the LA Clippers have reportedly “gathered significant momentum” on a contract extension.

A new deal is said to be within reach prior to Thursday’s NBA trade deadline for the veteran guard earning $7 million in the final year of his contract.

Williams, 31, is averaging a career-best 23.3 points and 5.3 assists for the 27-25 Clips.

Per ESPN:

Rival teams were increasingly resigned late Tuesday night that Williams, 31, was exiting the trade market and returning to the Clippers on a multiyear contract, league sources said.

Williams’ career season of 23.3 points per game, the Clippers’ surprising team success and the stability of staying with an organization with which he has grown comfortable has pushed him toward the extension over chasing free agency this summer, league sources said.

Losing Williams off the trade market will likely intensify the pursuit for Memphis Grizzlies guard Tyreke Evans, whom several teams have been separately pursuing. Memphis is trying to get a first-round pick for Evans, and Boston, Denver and Philadelphia are among the teams most interested in acquiring Evans.