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Paul's decision was a formality, as the star guard could re-sign for $48 million more after next season. Paul will make $17.7 million next season, the final year of his current contract, and will wait until the end of the 2012-13 season to sign a max five-year, $108 million extension, according to the Times report.

2 years, 9 months ago on Chris Paul declines Clippers’ three-year, $60 million contract extension | July