Call it creative bookkeeping in the service of basketball!
in a series of moves between Sunday and Tuesday, the Nets signed Archie Goodwin and fulfilled commitments to two D-League players and their agents.
Heres the condensed version from league sources...
After Sunday’s game, the Nets pulled their 10-day contract with Goodwin a day early, making him a free agent and opening up a roster spot. Under league rules regarding 10-day deals, the Nets didn't have to announce the move.
Then, in quick order, Brooklyn signed Long Island Nets big man Cliff Alexander and waived him; signed his teammate Prince Ibeh and waived him; then finally signed Goodwin for the rest of the year. Six transactions, all in less than 72 hours.
The Alexander and Ibeh moves were done to fulfill commitments Sean Marks made to the players agents. Both had been promised 10-day deals, but because of a long line of injuries to guards and swingmen, the Nets felt they couldn't honor their promise and instead signed players like Spencer Dinwiddie, K.J. McDaniels and Goodwin.
With the season winding down, this was their last chance to make good. The players didn't get to don any NBA uniform but received a full 10-day salary of $31,969. Money wasn't an issue since the Nets remain $500,000 under the salary floor. In addition, both get a full year of service on their NBA record. So if either sign a vets minimum deal next season, it will be at a higher rate, $500,00 higher for Ibeh. The Nets do not have controlling rights on Alexander or Ibeh but presumably the players have positive feelings towards the organization.
As Bobby Marks, the Nets former assistant GM, tweeted...
The Nets commitment to both is similar to what Golden State did with Jose Calderon and his agent Mark Bartelstein back in early March.— Bobby Marks (@BobbyMarks42) April 4, 2017
So at the end of the day, the agents for all three players are happy — that would be Mark Bartlestein of Priority Sports for Alexander and Keith Kreiter of Edge Sports International for Ibeh, not insignificant outfits. The players got paid and may get paid more. And most importantly for the Nets, Marks (and Brooklyn’s) reputation has been enhanced among both players and agents. Every little bit helps.
- Nets Creatively Honored Agreements With Cliff Alexander, Prince Ibeh - Keith Smith - RealGM
- BROOKLYN NETS SIGN ARCHIE GOODWIN TO MULTI-YEAR CONTRACT - Brooklyn Nets