ANALYSIS

By Geoff Lepper
48minutes.net

OAKLAND — It’s no secret that Stephen Jackson, the Warrior with the greatest responsibilities on the court but only the fifth-largest paycheck, is seeking an extension to his current deal. Acting as his own agent, Jackson has been in negotiations directly with team president Robert Rowell on a pact that could keep him in Oakland until age 35. Since Jackson is already under contract for two more seasons, at a total of $14.8 million, the most he can hope to get tacked on is three seasons worth $27.8 million.

Talks have been steadily progressing, and though this is just as an educated guess, I’d say it’s a better than 50-50 proposition that something gets done before the Warriors’ season opens Wednesday.

Does Jackson deserve to be paid an average of $9 million per year?

Absolutely. This is a guy who can score 20 points a game, can defend the opponent’s best player, almost regardless of position, and rarely misses time due to injury.

Does it fit into the team’s philosophy, as it’s been practiced over the last three years?

Absolutely not.

With Monta Ellis out, there is no question that Jackson is the Warriors’ most important player, and if they do make a return to the playoffs, it will undoubtedly be in large part because of Jackson dragging them there with a combination of scoring, playmaking and defending similar to what Baron Davis gave them down the stretch in 2006-07.

But if the Warriors choose to give Jackson an extension in the next week, then there will be some serious explaining for Rowell to do — because such a move would represent the antithesis of every salary-related choice the Warriors have made since Oct. 31, 2005.

That was the day the Warriors handed a five-year, $45 million extension to Mike Dunleavy, a forward with three middling seasons under his belt, to cap a spending and trading spree of more than $300 million in which Golden State netted long-term rights to the services of Dunleavy, Davis, Derek Fisher, Troy Murphy, Adonal Foyle and Jason Richardson.

However, after that well-compensated group led the franchise to another 38-44 season in 2005-06, Rowell ushered in a new era of fiscal responsibility. Underperforming players with oversized contracts — Fisher, Foyle, Murphy and Dunleavy — were traded or bought out. Richardson was dumped for draft pick Brandan Wright in part to help free up cash.

The idea was not just to stay under the…