What Did Prokhorov Pay for Pick?
by Net Income on Jun 27, 2011 9:46 AM EDT
in 2011 NBA Draft
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PrintThe official press release states that the Nets sent their 2013 second rounder and unspecified "cash considerations" to Minnesota in return for the Timberwolves' rights to Bojan Bogdanovic, the Croatian shooting guard who the team had wanted to pick up all Draft Night.
Normally, the price of a pick that high, first pick in second round, would be close to $3 million, the most a team can add to any transaction. In a weak draft (and with the lockout looming) it could have been less. One team insider characterized Prokhorov's contribution to the evening as "a few" million. The MarShon Brooks trade didnt involve "cash considerations", according to that press release, just a switch of picks and the Nets 2014 second rounder going to the Celtics.
Twice before, under Prokhorov, the Nets have added $3 million to facilitate a trade: Last June, they sent $3 million to the Wizards to ease the Yi Jianlian salary dump. Then again at the deadline, they sent the Jazz a reported $3 million to complete the Deron Williams trade. The team also laid out $635,000 in partial salary guarantees last summer.
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umm...
WojYahooNBA Adrian Wojnarowski
Two teams that’ll be active with David West in free agency: Indiana and New Jersey. For the Nets, especially if they lose Kris Humphries.
13 minutes ago
West is risky but I defer to our doctors
Wish he was a better rebounder but oh well.
I'm with you on this run
D West is a risk, but if the Nets doctors check him out and they say he is OK, than I would take a flyer on him. After all, Nets were right with Shareef Abdur-Raheem in ‘05, found Tractor Traylor’s heart condition that same summer and said D-Will needed surgery to fully heal his wrist. In theory we should be able to afford both Hump AND West. We’ll see, but I would prefer Nene at this point.
D-Will > Carmela
i was just about to ask the same.
@Al_Iannazzone: BREAKING NEWS: Nets are close to acquiring Deron WIlliams from Utah, sources told The Record.
-Feburary 23, 10:54 am.
prob online
In Prokhorov & Billy King WE TRUST.
8 > 3
DH12 OR BUST!
Official Member of the "Travis OutLOL Society". 5 years, 35 Million Dollars worth of lulz.
No mention on njnets.com
"Next year, with a full training camp, I think he can go after that Scott Skiles' record of 30." - Billy King
yeah guess they wont stream it…sigh
@Al_Iannazzone: BREAKING NEWS: Nets are close to acquiring Deron WIlliams from Utah, sources told The Record.
-Feburary 23, 10:54 am.
Tis the life of a Nets fan
Knick’s have there rookie profiled on our radio station and our rookies press conference isn’t even streamed live online, let alone televised.
D-Will > Carmela
I wouldn't mind D-West for no more than 3 years.
I’d prefer Nene though.
In Prokhorov & Billy King WE TRUST.
8 > 3
DH12 OR BUST!
Official Member of the "Travis OutLOL Society". 5 years, 35 Million Dollars worth of lulz.
where and what time can i watch the conference?
METS JETS NETS LAKERS........... OFWGKTA....FREE EARL. Odd Future Records.
Adam Morrison got his team multiple championships barely trying, if that's not a great player...I don't know who is.
It's nice to have an owner...
who’s loaded and willing to spend it on our team…Draft day without Proky million’s, would of been a lot different.
by M I K E on Jun 27, 2011 10:41 AM EDT reply actions 4 recs
I'm glad Proky is our owner
Way better than any Nets owner to date. Glad Rat isn’t our owner anymore.
by iambryan on Jun 27, 2011 11:28 AM EDT reply actions 3 recs
It's not all Prokhorov's money
After all, once losses exceed a certain amount, Ratner has to kick in for it too. Presumably, losses are calculated so as to include payments in trades, such as these.
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