Los Angeles Clippers power forward Blake Griffin reportedly let team officials know that he plans to sign a five-year contract extension in July, sources told ESPN Los Angeles Saturday.
Teams can offer contracts after 9 p.m. PT on Saturday, but they cannot be signed until July 11.
Team president Andy Roeser will likely call to Griffin's representatives shortly after 9 p.m. to offer the extension, according to ESPN Los Angeles' sources.
Griffin could earn as much as $95 million over the course of the extension if he is voted as an All-Star starter or named to the All-NBA team next season under the so-called "Derrick Rose Rule," according to the new collective bargaining agreement.
Under another clause in the CBA, rookies can extend their contracts by four years. A team, however, may designate one player to sign a five-year extension.
Griffin is the only player on the Clippers' roster in line for that extension. He was the rookie of the year in 2011 and is a two-time All-Star.
The extension would begin in the 2013-14 season. He would be able to opt out of the final season of the deal, but is otherwise committed through the 2017-18 season.
Griffin averaged 20.7 points and 10.9 rebounds last season for the Clippers, who made the playoffs as the Western Conference's No. 5 seed after going 40-26.