clock menu more-arrow no yes mobile

Filed under:

A few notes about the Nets’ salary situation

Eric Pincus of Basketball Insiders has updated his Brooklyn Nets salary page and a number of things about the off-season have become more clear.

Joe Harris $16 million over two years is configured so the bigger cap hit comes in 2018-19, giving the Nets a bit more space next summer. This year, Harris will make $8.333 million this season, then $7.667 million next year. If it had been configured like a normal contract, Harris would have made more in 2019-10, when the Nets are hoping to make a big splash in free agency.

—The Nets payroll after all their off-season moves (and they still have one more camp invite to fill) have $116,798,004 committed, which puts them $14,929,004 over the cap, the first time Brooklyn has been over the cap since the end of the 2015-16 season. They are now $6,934,996 below the luxury tax threshold.

—The Nets currently have projected cap space of up to $79.4 million (assuming a $109 million cap) in 2019-20. A more realistic figure, with $50,855,577.

Rodions Kurucs has a four-year deal worth $5,275,776, of which the first three years — at $3,414,708 — are guaranteed. So far, Kurucs is the only Net with a guaranteed deal in 2020-21. The Nets have until October 31 to extend rookie deals for Jarrett Allen and Caris LeVert through that season.

—Theo Pinson, signed Monday, will make a non-guaranteed $838,464. He is not fully guaranteed. No word on Jordan McLaughlin, the other camp invite, who signed a contract last week. The Nets have not officially announced his signing, but presumably he will have the same deal. Mitch Creek and Tyler Davis also have reportedly agreed to camp invites.

—Brooklyn has no salary cap exceptions, having used the $4.44 million room exception on Ed Davis.