Costing Out the Nets Bench
There has been a lot written about how the Nets have remade their bench, have gotten a lot younger this season, turning away veterans and picking up younger players. The assumption has also been that the new, younger bench would be a lot cheaper. Not so.
An analysis of the salaries found on Hoopshype and elsewhere shows that remaking the bench has saved the Nets only about $450,000. In comparing the benches from last year and this, I worked with what the Nets have at this point in 2006 compared to what they had at this point in 2005. I did make one exception: I substituted Jay Williams for Jeff McInnis in this mix, believing Williams [or a similarly paid player] will make the team as a 15th man and that McInnis will be bought out rather than be traded. That means 14 players last year vs. 15 this year. (The Nets did keep Ben Handlogten on the payroll last year for a few weeks into the season.)
Indeed, the Nets' bench this time last year was filled with veterans: Cliff Robinson and Marc Jackson, backup big men, were 38 and 30; Jacque Vaughn, Jeff McInnis and Zoran Planinic, backup guards, were 30, 31, and 23; Lamond Murray, Scott Padgett and Linton Johnson, backup forwards were 32, 29 and 25; rookie swingman Antoine Wright was 21. Average age of the bench was 28.
This year, the bench is filled with younger players: Robinson, Mikki Moore, Josh Boone, and Mile Ilic, backup big men, are 39, 30, 21 and 22; Marcus Williams, Jay Williams, Eddie House, and Hassan Adams, backup guards, are 20, 28, 25, and 22; Bostjan Nachbar, backup forward, is 26, and Wright is now 22. That's an average age of 25, the youngest Net bench since the 2001-02 season.
But reworking the bench has not been free of expense, in spite of the youth movement. The Nets had to pay--and will have to pay--to clean out the dead wood on the pines.
Last year's bench was paid $17.5 million, an average of $1.93 million. The Nets also bought out Ron Mercer's contract, costing them another $1.76 million. Not all of that total was paid by the Nets, however. The Sixers had paid the Nets $3 million to take Jackson's contract and the league paid $729,000 towards the cost of Vaughn and Murray's vets minimum deals. So the total cost was $14.99 million. Average cost for the nine players riding the pine: $1.67 million.
This year's bench will be paid $11.2 million, an average of $1.24 million. About $350,000 of Moore's vets' deal will be paid by the league, dropping that number farther. But the Nets will have to pay additional costs this season they didn't have last year. Assume that McInnis's buyout is at least $2.5 million for starters. Then add buyout packages for Padgett ($450,000) and Planinic ($150,000) as well as what the Nets had to pay FMP Zeleznik to let Ilic go ($500,000) and the total additional costs reach $3.6 million. The grand total for this year then is $14.45 million, or $450,000 less than last year. Average cost for the ten players this year: $1.45 million.
Bottom line: clearing out the dead wood on the bench cost the Nets dearly and that cost just about ate up whatever savings there was in going young. And the analysis once again shows what a bad deal it was to sign McInnis.
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Over the Thorn years it seems the Nets have spent alot of money buying out players and contracts. Any idea what other teams have spent compared to NJ in the past ten years.
This would be an interesting comparison statistic.
thanks
mo
by mo on Sep 24, 2006 9:00 AM EDT reply actions
In terms of money, the Nets are the leaders. Mutombo’s package was huge…more than $28 million…the biggest buyout in NBA history. McIlvaine got $7 million. That’s $35 million. Mercer got $1.7 million. Childs I think got less than $2 million. So McInnis will put them over $40 million for the Thorn era. Mourning wanted $9 million but didn’t get it from the Nets.
Shawn Kemp got $20 million for his buyout from the Blazers…only thing I know that’s close.
Other buyouts aren’t in the same class. Feick didn’t get bought out. Insurance paid most of his salary. Same with Jayson Williams. Lucious Harris had a two year deal with only part of the second year guaranteed, same situation as Scott Padgett. Those are more common.
by NetIncome on Sep 24, 2006 4:06 PM EDT reply actions
They may not have saved a boatload of money, but this year, as opposed to last, I’m actually excited to see the bench guys on the floor. I know it’ll take awhile for Boone to get back and find his role, and for Adams and Ilic as well. But these guys at least have some potential upside, and should get better and more useful as the season progresses. Marcus Williams should contribute earlier than the others, but he too should improve leaps and bounds from October to April.
I know there are risks to a young bench, but given the guys we have now versus what we went into last season with, I’m pretty confident that the rewards will be greater as well. And any pleasant surprises that we do get from this group will only serve to make the future look brighter as well.
by ajsmith on Sep 25, 2006 1:36 PM EDT reply actions
I am with you, aj. I think these guys have the potential to be better as a group than the four rookies the Nets had on the team in 2001-02: Jefferson, Collins, Armstrong and Scalabrine.
by NetIncome on Sep 26, 2006 12:42 AM EDT reply actions
Yeah! they are young guys but the Nets has at least 2 potential guys for each position, so they can contribute alternative, during the season!!!
Let’s see, I’m confident to!!!
by Pedro Alves (from Portugal) on Oct 1, 2006 8:31 PM EDT reply actions

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