hollinger of espn tweeted the deal is 3 million total for 4 years, so 750k per year with NJ picking up the other 25 million left on his deal. Any way you slice that, it is a sweet deal
hollinger of espn tweeted the deal is 3 million total for 4 years, so 750k per year with NJ picking up the other 25 million left on his deal. Any way you slice that, it is a sweet deal
No, 3 million per year. 4 years 12mill.
Ugh. Nothing but lateral-move type signings this entire off-season. Great job once again, Petrie.
Not a chance in hell is he a PF. He's played the SF position his entire career, and very few, if any, PF skills. Plus he's a little on the light side for the position. He's certainly fallen from grace since leaving Portland, but was highly thought of once. Maybe Petrie see's something in him that others don't. He has the look of a good defensive player with his length, but its never really translated to the court for some reason. I wonder if there's a trade in the works. At least we have quanity, if not quality at the SF position. Now all we need is to sign Kirilenko, and we can start 5 SF's....
let's be real here. he doesn't have skill at any position.
He cannot be traded this season but after this season he can be traded.
He signed 5 year, $35 million deal with the Nets last off-season, an average of $7million per season. So he is owed some $28 million over the next 4 years. He will get his money.
Because the Nets amnestied him, we could bid on his contract before he clears waivers. We bid $12 million on that contract so we have him over the next 4 years and he is getting $3million per season from us for the duration of his contract (unless we trade him after this season). The Nets then pay the remainder of his contract (which is $16 million over the next 4 years). If we trade him, we are trading his $3 million per season contract so the team that takes him on will pay him $3million per seasons and the Nets are on the hook for the rest of the contract (but its outside the salary cap)
Does that clear it up?!
He cannot be traded this season but after this season he can be traded.
He signed 5 year, $35 million deal with the Nets last off-season, an average of $7million per season. So he is owed some $28 million over the next 4 years. He will get his money.
Because the Nets amnestied him, we could bid on his contract before he clears waivers. We bid $12 million on that contract so we have him over the next 4 years and he is getting $3million per season from us for the duration of his contract (unless we trade him after this season). The Nets then pay the remainder of his contract (which is $16 million over the next 4 years). If we trade him, we are trading his $3 million per season contract so the team that takes him on will pay him $3million per seasons and the Nets are on the hook for the rest of the contract (but its outside the salary cap)
Does that clear it up?!
Yes. Thank you. In that case, this is a great deal.