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TYLER JOHNSON SIGNS $50 MILLION OFFER SHEET, GIVING HEAT THREE DAYS TO MATCH

Isaiah J. Downing-USA TODAY Sports

The Nets and Tyler Johnson are going for it.

Despite the punditry that the Heat will match any Nets contract offer, Johnson signed Brooklyn's $50 million offer sheet early Thursday morning...as Adrian Wojnarowski reported at 1:15 a.m.

The clock on the 72-hour period began when the Heat received the Nets email informing them of the offer.  The move came despite the Heat's cap windfall as a result of losing Dwyane Wade to the Bulls ... and Miami calls to Johnson's representatives.

The signing sets up a standoff between Pat Riley and Sean Marks. There are differing cap configurations depending on whether the Nets or Heat come away with the 6'4" swingman.

--Under the offer sheet, the Nets would pay Johnson $5.6 million next season, $5.9 in 2017-18; $18.9 million in 2018-19 and $19.6 million in 2019-20 -- but the deal would only count as $12.5 million on the cap, $12.5 million for each of the four years.

--If the Heat match, their cap would reflect the actual amounts paid out, except for this coming season, when the cap hit would be only $1.2 million, the amount of Johnson's qualifying offer. The Miami Herald has reported that .  So, it would have been better for Pat Riley if Johnson hadn't signed anything and structured a deal more cap-friendly.

Now, he has a quandary...

Complicating the situation is that the future of one of those four players --Chris Bosh-- remains uncertain because of his medical issue. On the other hand, if the Heat does not match, that would mean Miami would have lost Wade, Luol Deng, Joe Johnson and Tyler Johnson without getting anything in return. The Heat did sign Hassan Whiteside to a max deal.

Even if the Heat do match, the Nets will still have a lot of cap space left, mainly the result of their Draft Day trade of Thaddeus Young for the draft rights to Caris LeVert.

The problem is that the number of top-flight free agents diminishes daily.

In interviews conducted before the Wade move, Johnson's mother , Jennifer Johnson, and 16-year-old brother, Logan, spoke about how thrilled and emotional he was when he agreed to the Nets' offer sheet over the weekend.

"We're very humble and he was pretty emotional, feeling pretty sick.," she said. "You know, just like what do you do? Because there were multiple offers on the table and even one that was more than that, but he had to choose what was best for him. So he felt like the Nets was the best choice."

According to multiple sources, the Kings' offer was slightly higher.

Said his brother: "Right after we hung up, I just balled up and cried. It was happy tears. He definitely deserves that. He earned every single bit of it. I'm still shocked."

How much all that emotion played in Johnson's decision is unknown, but Woj reported his desire to play under Kenny Atkinson was a factor.