clock menu more-arrow no yes

Filed under:

Bits and Pieces of Brooklyn Nets new salary structure

New, comments
USA TODAY Sports

ShamSports, the British-based website that's the most authoritative source for NBA salaries, has updated its Nets salary page and it contains a few tidbits, many not previously discussed.

--Andray Blatche can't be traded this season without his permission. Because Blatche signed a one-year contract (with a player option for year two) and will have Early Bird Rights next summer, he can veto any trade.

--Jason Terry's contract included a 7.5 percent trade kicker, worth $400,313, which the Celtics have to pay both this year and next. But the $4000,000 goes on Nets salary cap since it was added to Terry's contract value upon the trade to Brooklyn. With the incremental luxury tax in place, that cost Nets more than $1 million this year and presumably next year as well.

--As is customary, but not required, the Nets added a 20 percent bonus to Mason Plumlee's contract, making his rookie contract worth $1.298 million this season and his four year deal worth $6.399 million.

--Kevin Garnett 's contract for 2014-15 was only guaranteed for $6 million but upon being traded to Brooklyn, it became fully guaranteed at $12 million.

--Shaun Livingston's vets minimum contract actually pays him $1.272 million but the Nets are only billed $884,293 because his deal is only for one year. The league pays the difference under the CBA.

ShamSports puts the Nets current payroll at $101,263,102 and total guarantees at $277,782,434, down from $340,690,951 last year. It's likely that the total guaranteed is the league's highest for the second straight year.