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Manila Bulletin devider Sports devider PBA: Ray Parks Jr. agrees to one-year extension with TNT

PBA: Ray Parks Jr. agrees to one-year extension with TNT

Published Feb 17, 2020 12:00 am
By Jonas Terrado TNT KaTropa finally came to terms with Ray Parks Jr. after the two sides agreed on a one-year contract extension estimated at P3 million on Monday. Ray Parks Jr. will stay with TNT KaTropa for at least another year after agreeing to a contract extension. (PBA Images) Ray Parks Jr. will stay with TNT KaTropa for at least another year after agreeing to a contract extension. (PBA Images) Team manager Gabby Cui confirmed the deal which will give Parks a maximum monthly salary eligible for incoming second-year players. Cui refrained from revealing the exact amount but league rules allow sophomores to be paid a max of P250,000/month. Other conditions were not revealed. “It was a long negotiation but that’s the way negotiations go,” said Cui. “You try and get the best value for both of you. Maybe in the start we didn’t see eye to eye but through constant communication, we found a solution, a win-win solution.” The two parties have been working on an extension after Parks’ two-conference contract worth a monthly rookie salary of P200,000/month expired. Parks signed that deal last April with Blackwater, which selected him second overall in the 2018 Draft. Blackwater eventually traded Parks in early-November for Don Trollano, Tony Semerad and a first round pick in the 2021 draft. He averaged 18.8 points, 6.3 rebounds, 3.5 assists and 1.4 steals in 32 games last season highlighted by a quarterfinal appearance while playing for Blackwater in the Commissioner’s Cup and a semifinal berth with TNT in the Governors’ Cup. The KaTropa earlier made their intentions known of giving Parks a long-term extension but the two sides eventually settled on a shorter contract.
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