Could the Nets Sign C-Webb and Avoid Paying Luxury Tax? Maybe

by Net Income on Jan 11, 2007 9:01 AM EST in NetsDaily Blog Comment 6 comments

Nets are $1M under the tax threshhold. And they have 15 players under contract, meaning someone would have to be traded, cut...and or bought out...to sign Chris Webber.

--They have $3 million remaining from their Mid-Level Exception [$5.2 million - $1.4 million for Eddie House, $800,000 for Mile Ilic]. MLE can be used in multi-year contracts. Using the full $3 million would cost the Nets $5 million because it would put them $2 million over the threshhold: $3 million salary + $2 million in luxury tax. A trade of a contract for a draft pick could help reduce the tax burden.

--They have their full $1.8M Lower-Level Exception. LLE can be used in one- or two-year contracts. The LLE would cost the Nets $2.6 million: $1.8 million in salary luxury tax of $800,000 in luxury tax. Again, a trade could help.

(Both MLE and LLE become pro-rated as of January 10, meaning that every day they're not used, there is a slight reduction in what can be paid out.)

--Vets minimum of $1.1 million, of which the league pays more than $300,000. Up to two-year contracts can be signed with vet minimum. Contracts can include player or team option. No tax.

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That’s great but question is would he help the Nets and how much is he worth/going to ask for?

by Matt on Jan 11, 2007 10:24 AM EST reply actions

His passing would fit but he can hardly move. Yet he would be another big body up front. He would play more this year for the Nets than other teams but will prob end up with a team with a better record.

by The Wrench on Jan 11, 2007 5:06 PM EST reply actions

Webber is good player no doubt about that but the chemistry with nets is the question and so with his on going INJURIES..There’s no need to sign him…THorn Needs to look for another one… How about HAKIM WARRICK or Rudy Gay!!!!

by Rufus on Jan 12, 2007 12:42 AM EST reply actions

HAKIM WARRICK IS A GREAT PICK-UP BUT WE NEED IS A ZACH RANDOLPH!!!! Z-BO Nets

by BOY GEORGE on Jan 12, 2007 12:46 AM EST reply actions

the big three _ 1 tandem will be back if C-webb joins in, but the question is would he sulk or would he play? because i dont see him getting more than 10 shots per night at NJ

by darren on Jan 13, 2007 7:09 AM EST reply actions

hey new jersey fans, u need C-Webb, your forwards are hopeless. Nenad Krstic is horrible despite averaging 16 pts and 7 rebs he only shoots just over 50% and thats not too good for a big man. Cliff isnt good either, but most importantly nets need webber for his 3pt shooting – he averages about 40% from the field. The nets also need more dominant forward or else they won’t even be a contender in the East let alone the NBA despite having their super 3.

by MARION4ALLSTAR on Jan 14, 2007 5:23 AM EST reply actions