Rip Signed to Extension

From ESPN via DBB: Detroit has just signed Rip Hamilton to a three-year, $34 million extension.

I'm going to wait for someone who knows more about the salary cap to break this one down. I'm still recovering from the AI trade. My initial reaction is relief that there won't be a total overhaul of the roster after this season. Now if you'll excuse me, it's time to eat lunch. Um, dinner. I need to get away from my computer now.