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How a Deron Williams buyout might work

Anthony Gruppuso-USA TODAY Sports

The status of negotiations on a Deron Williams buyout are not known, not how much he would want, not where he would go afterwards, not when. There is a deadline. Teams wanting to stretch a player must make a decision by August 31.

Still, Mike Mazzeo picks up where his colleague Marc Stein let off and tries to give fans a sense of how this might all work.  It's not uncomplicated but presents opportunities this year ... and next.

Williams is currently owed $43 million over the next two seasons. Let's say a typical NBA buyout is 70 percent of a player’s contract. In this case, 70 percent would be $30 million -- or $15 million per season. But if the Nets combined the buyout with the stretch provision, they could spread that $30 million over five seasons instead of two -- which would mean $6 million per season instead of $15 million would count against their cap.

A $15 million savings in 2015-16 would put the Nets right around the $84.7 million luxury tax line. Their goal is to not pay any luxury taxes, which would trigger the dreaded repeater tax as well

Williams, he thinks, might then move on to Dallas and let Marc Cuban make up the difference between what he signed for and a buyout.

Other than saving money, that would give the Nets some flexibiity going forward, for the rest of this year, but particularly next summer when they want to be part of the 2015 free agent sweepstakes, having already traded away their first round pick to Boston in the Kevin Garnett-Paul Pierce trade.

John Schuhmann looks at Mazzeo's projections and suggests the Nets need only make one minor move to get to their luxury tax goal.

<blockquote class="twitter-tweet" lang="en"><p lang="en" dir="ltr">Nets can possibly get out of the luxury tax completely w/ a buyout for Williams (depending on the $) &amp; then using the stretch provision.</p>&mdash; John Schuhmann (@johnschuhmann) <a href="">July 10, 2015</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p lang="en" dir="ltr">$30M buyout + stretch provision + waiving Earl Clark gets BKN out of the luxury tax. <a href=""></a></p>&mdash; John Schuhmann (@johnschuhmann) <a href="">July 10, 2015</a></blockquote>
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Mazzeo also notes what the Nets might do in a Deron-less world. For starters, he thinks the point guard job would be Jarrett Jack's.  Lionel Hollins is a big fan of Jack's even if fans are not.  He also thinks next season, with their new cap space, the Nets might make a run at Mike Conley Jr, who had --and continues to have-- a great relationship with Hollins, his former coach.