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Nene Reaches Deal With Nuggets

The Nets' top free agent target is gone. Nene has reached an agreement on a five-year deal worth $67 million with the Denver Nuggets, as first reported by ESPN's Marc Stein.

"Nuggets GM Masai Ujiri met Monday night with Nene and reps, one of three or four meetings the team had with its UFA to close deal," reported Ken Berger. The Nuggets are also making progress on bringing back restricted free agent Arron Afflalo, another player the Nets liked.

Only Denver could have given the free agent big man a fifth year. The Nets had reportedly offered him a four-year deal worth $64 million. Now, the consensus is that they're in Dwight-or-bust mode.

"Obviously a must, post-Nene, for Nets to win DH12 Sweepstakes," Stein tweets. "But I've always liked their chances of crafting right deal better than Lakers."