John Hammond has had an awfully busy first few months as the Bucks GM, finding a coach, preparing for the draft and swinging a semi-blockbuster deal for Richard Jefferson. He can now cross one more thing off his list: giving his franchise center an extension. Andrew Bogut has agreed on a five-year deal that could be worth up to $72.5 million, including $60 million of guaranteed money. That's not quite as much per year as Chris Paul (who was selected three spots below Bogut in 2005 and recently agreed to a four-year, $68 million deal), but it's certainly a hefty raise and will easily set him up for life. Bogut is in Australia at the moment preparing for the Olympics with his country's national team, but he's expected to fly to the U.S. so he can officially put pen to paper on Friday.
It's still unclear what Hammond's master plan looks like (will Michael Redd remain part of the picture? will Ramon Sessions supplant Mo Williams as the team's point guard of the future), but locking up his up-and-coming big man was a no-brainer. Sure, the Bucks would probably take Paul or Deron Williams if given a do-over on the 2005 draft, but if Bogut continues to improve at his current pace he could be an All-Star this coming season.
