The Portland Trail Blazers have matched Allen Crabbe's four-year, $75M offer sheet with Brooklyn, league source tells @TheVertical.— Adrian Wojnarowski (@WojVerticalNBA) July 10, 2016
The message out of Portland ownership and management is clear: Blazers trying to win this year and beyond -- loading up on this roster.— Adrian Wojnarowski (@WojVerticalNBA) July 10, 2016
Crabbe confirmed the news through his personal trainer and friend.
The news comes nearly seven hours before the 11:59 p.m. deadline for both the Blazers to match on Crabbe and the Heat to match on Tyler Johnson. Marc Stein has reported that there is a growing belief around the league that the Heat will match as well, leaving the Nets without a payoff of their big restricted free agent gamble.
By tendering Crabbe $75 million and Johnson $50 million surprisingly big offer sheets, the Nets had hoped to start the process of making up for the loss of so many first and second round picks under Billy King. If the Heat match on Johnson, the Nets will have five open roster spots and $33.5 million in cap space ... but few top flight options.
If the Heat don't match, the Nets will still have $21 million.
The Nets loaded up Crabbe's offer sheet with a variety of disincentives for Portland and owner Paul Allen to match, starting with the $75 million contract, but also payment advances, a trade kicker, performance bonuses that are unlikely with the Nets, but likely with the Blazers (wins), etc. Not to mention how it would effect the balance going forward.
Still, with all that, Allen decided to pay the piper and deny the Nets the player they had hoped to start next to Jeremy Lin.
- Allen Crabbe returning to Portland after Trail Blazers match Brooklyn offer - Jason Quick - Comcast Sports Net
- Portland Trail Blazers bring back Allen Crabbe, matching four-year offer sheet from Brooklyn Nets - Mike Richman - Oregonian
- Nets foiled in trying to land Blazers’ Allen Crabbe - New York Post
- Nets lose out on Allen Crabbe - Andy Vasquez - The Record