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In a series of tweets Friday, Eric Pincus of Basketball Insiders provides new details on the Nets recent off-season moves, including how Sean Marks executed a clean sweep of various player rights, going back to the team's first season in Brooklyn. The idea was to max out the Nets cap space.
To get fully under cap,Brooklyn Nets renounced FA like Willie Reed . . . and Jerry Stackhouse, Andray Blatche, Jason Collins @BBallInsiders
— Eric Pincus (@EricPincus) July 8, 2016
Teams will hold onto rights for a variety of reasons, including using them to activate a player for trade purposes. But it's highly unlikely. In addition to what Pincus reports, the Nets also recently rescinded a $1.2 million qualifying offer to Markel Brown.
Pincus also provided new details on Jeremy Lin's contract, indicating that it could, with "unlikely" bonuses, be as high as $38.3 million rather than the reported $36 million over three. As reported, Lin has a player option in year three as well as a 10 percent trade kicker.
Jeremy Lin starts at $11.5 mil w/Nets,3-yrs w/PO, $2.3 mil total unlikely bonuses, max at $38.3 mil total -10% trade kicker @BBallInsiders
— Eric Pincus (@EricPincus) July 8, 2016
Moreover, Pincus has additional specifics on the Thaddeus Young trade, particularly the second round pick Indiana sent Brooklyn. It is heavily protected.
In addition to Caris LeVert, the Pacers also traded a protected 2nd-rounder to Brooklyn Nets @BBallInsiders
— Eric Pincus (@EricPincus) July 8, 2016
The Pacers have protection on that 2nd rounder through 2022, unprotected in 2023 - limits their ability to send out any 2nds in other deals
— Eric Pincus (@EricPincus) July 8, 2016
And in a bit of capology, it appears from Pincus' summary of the Nets cap situation that Justin Hamilton was signed with the $3 million room exception, not out of cap space, giving the Nets a big more space.
Finally, as Tom Lorenzo reports, Pincus laid out new details on the Crabbe guarantee, how the Nets structured it to make matching as painful as possible for the Blazers.
Allen Crabbe offer sheet from Brooklyn Nets has plenty to make Portland think- 15% trade kicker, significant payment advances @BBallInsiders
— Eric Pincus (@EricPincus) July 8, 2016
Allen Crabbe's offer is $18.5 mil 1st, 2nd & 4th yrs (PO), 3rd yr is $19.3 mil - Portland Trail Blazers or Brooklyn Nets TBD @BBallInsiders
— Eric Pincus (@EricPincus) July 8, 2016
As we've noted, if the Blazers match, they will have to match ALL aspects of the Nets offer, including upfront payments.
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