Aussie signs huge-money NBA deal
AUSSIE star Joe Ingles has signed a one-year contract extension that will take him through to the end of the 2021-22 season.
The Jazz announced the contract upgrade on Tuesday in a deal that will keep Ingles playing in the NBA when he is 35-years-old.
ESPN reports the one-year extension will be Ingles' biggest payday in the league, a $20.4 million ($US14m), one-season extension.
Ingles already had $US22.8 million remaining on his two-years left at the Jazz - meaning he will earn almost $54 million in the final three years of his career.
The deal also beats the $12 million Ben Simmons is set to earn this season in the final year of his rookie scale contract before his monster $240 million, five-year extension kicks in ahead of the 2020-21 season.
Ingles signed a four-year $US52-million contract with the Jazz in 2017 and the team, knowing the Australian will likely have other NBA suitors, have added a year to the deal.
It comes after Ingles admitted he is likely to be dropped to starting on the bench this season after the Jazz's big off-season recruitment of star guard Mike Conley.
Despite the demotion, the team is willing to pay big bucks to keep the senior member of their team in Utah.
"As one of our longest tenured players, Joe's shooting acumen, playmaking ability and unselfishness have been integral to our team's identity," Jazz general manager Justin Zanik said in a statement.
"We are excited to keep a player like Joe, as his character and leadership are critical for the foundation of our team."
Ingles said he never looked to leave the Jazz.
"I'm not trying to move anytime soon," he said.
"For the Jazz to have the faith in me to give an extension to an old man like me, it's great. "For me, there's nowhere else I'd want to be or play, so it was an easy decision.
"I've never played for a contract or money or any of those things," he said. "But when you know you don't want to be anywhere else … it was an easy decision. I'm glad I don't have to think about it for a long time now."