What I sorta like about Pek's situation is we can't extend him now. He is a RFA next summer.
Now, this leaves room for Portland to poison us with a max deal, but I like that he gets another season to prevent an overpayment overreaction. If he has a 15 and 10 season, odds are he will attract attention at a max salary or something in the realm of what Batum/McGee/D. Jordan got...$10-12 million over 4.
If Pek has another consistent year with little injuries, this is about right. It does leave the Wolves in a screwy situation though if AK47 opts out to pursue a long term deal, Gerald Wallace-style (something I fear has a good chance of happening...leaving the Wolves completely screwed and unable to re-sign him).