In a bit of a surprise move, the Nets announced Friday that they have re-signed Tyler Johnson, who they added to their injury and COVID-depleted roster just before the Orlando “bubble” opened.
According to Alex Schiffer of The Athletic, the deal is for the vets minimum and is fully guaranteed, meaning a cap hit of a little more than $1.6 million. Johnson is the second veteran free agent signing by Brooklyn this week. Jeff Green, the veteran big man, signed on Monday. The Johnson signing gives the Nets 15 guaranteed contracts, the regular season limit. Teams can bring up to 20 players into camp but must get down to 15 by December 21, the day before Opening Night.
According to Hoopshype, the signing will bring the Nets payroll to S155.9 million, with an projected $57.5 luxury tax...
Nets now at 15 players and are extremely deep at guard.— Yossi Gozlan (@YoggiMane) November 27, 2020
Joe Harris has a $16,071,429 starting salary per @KeithSmithNBA. With Green and Johnson on vet minimums, Nets are now in the fifth luxury tax bracket for a $57.5M tax bill.
Second most expensive team behind the Warriors. https://t.co/eP2f4YXxy4 pic.twitter.com/f6z9dMtyZN
The tax can be reduced depending on league revenues at the end of the regular season when luxury taxes are tallied.
Johnson, 28, played well in the “bubble” after being signed on June 24. Johnson, who had been cut by the Suns in February, averaged 12.0 points in eight seeding games, 13.8 points in the first round of the playoffs, backing up both at the the point and shooting guard. He shot 38.9 percent from deep in the seeding games, 39.8 percent in the playoffs.
Here’s highlights from his best game in the “bubble,” a 21-point outburst vs. the Clippers...
Bringing back the Fresno State product will not help the Nets defense, however. Johnson was an amazing and team worst -73 in +/- ratings vs. the Raptors.
Johnson, of course, was Sean Marks’ first big free agent target back in 2016 when Brooklyn tendered the 6’4” combo guard a four-year, $50 million offer sheet which the Heat matched. Miami traded Johnson to Phoenix at the deadline in 2019.
He tweeted out his appreciation later Friday morning...
The signing may augur other moves. There would appear to be a roster imbalance with more guards and wings than bigs, The 15 signed contracts does not include second round pick Reggie Perry, who the Nets signed later Friday.
According to Basketball Insiders salary page, Timothe Luwawu-Cabarrot is the only Nets player not fully guaranteed. He was signed in January to a non-guaranteed deal, but according to the BI salary page, he became partially guaranteed on Thursday.
Overall, the Nets training camp roster is now at 19 out of a permitted 20. Jeremiah Martin is on a two-way deal, having signed a two-year, two-way deal in January. Brooklyn has also reportedly agreed to sign two undrafted college players to so-called Exhibit 10 training camp invites: Nate Sestina, a 6’9” stretch-4 out of Kentucky, and Jordan Bowden, a 6’5” 3-and-D shooting guard out of Tennessee,
Bottom line, as Bobby Marks tweeted...
This Brooklyn roster is deep:— Bobby Marks (@BobbyMarks42) November 27, 2020
- BROOKLYN NETS RE-SIGN TYLER JOHNSON - Brooklyn Nets
- Nets re-sign Tyler Johnson as James Harden trade backup plan - Marc Berman - New York Post
- Nets re-sign guard Tyler Johnson - Greg Logan - Newsday
- Nets announce they’ve re-signed G Tyler Johnson - Coby Green - SNY
- Tyler Johnson resigns with Nets - Nick Friar - USA Today