Brooklyn Nets Team Salary
Quick: Over Cap. Deep in tax. 22nd Pick in the 2013 NBA Draft.
Acquisitions: Re-signed Deron Williams for $98.7 million over five years. Re-signed Gerald Wallace on a 4-yr, $40 million deal. Re-signed Brook Lopez on a 4-yr, $60.8 million deal (last year player option). The Nets have also acquired Joe Johnson from the Atlanta Hawks in exchange for Jordan Williams, Jordan Farmar, Anthony Morrow, Johan Petro, DeShawn Stevenson and the Houston Rockets’ protected 2013 pick. Additionally Reggie Evans was acquired from the Los Angeles Clippers for the right to swap second-rounders in 2016. Evans starting salary is $1.622 million ($5.09 million over three years), absorbed by the Shawne Williams TPE. The team has also signed Mirza Teletovic for the Mini Mid-Level Exception over three years. The original agreement was for the MLE but given that would have locked the Nets into a hard cap, Teletovic was willing to take the lower scale. Re-signed Kris Humphries to a two-year, $24 million deal. Also signed CJ Watson, rookie TyShawn Taylor, Keith Bogans and Jerry Stackhouse to minimum deals. Signed rookie Tornike Shengelia (54th pick, acquired from the Philadelphia 76ers) to a two-year, $1.3 million deal. Inked both Andray Blatche and Josh Childress on one-year, partial/non-guaranteed deals. Signed Stephen Dennis, Carleton Scott and James Mays to one-year, partial/non-guaranteed contracts. Picked up third-year option on MarShon Brooks. Fired Coach Avery Johnson. Signed Damion James to a 10-day contract.
Waived Players: Stephen Dennis, Carleton Scott, James Mays, Josh Childress, Damion James
Roster Count: 14 guaranteed
PG: Deron Williams, CJ Watson, TyShawn Taylor
SG: Joe Johnson, MarShon Brooks, Jerry Stackhouse
SF: Gerald Wallace, Keith Bogans
PF: Reggie Evans, Mirza Teletovic, Kris Humphries, Tornike Shengelia
C: Brook Lopez, Andray Blatche
*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.
Non-Bird: Sheldon Williams (playing overseas)
Head Coach: Vacant
Unsigned Second-Round Picks: Ilkan Karaman, Bojan Bogdanovic, Christian Drejer.
Amnesty: Travis Outlaw – 2012-13 $4 million, 2013-14 $4 million, 2014-15 $4 million.
2013 – Owe second-rounder to Minnesota Timberwolves (Bojan Bogdanovic).
2014 – Owe second-rounder to Boston Celtics (MarShon Brooks).
2015 – Owed second-rounder from Utah Jazz (Mehmet Okur).
2016 – Los Angeles Clippers have rights to swap second-rounders (if Clippers’ pick in top-55, Reggie Evans).
Cash Paid ($3.1 million max): $0
Key: B = Bird Rights; E = Early Bird Rights; BR = Bird/Restricted; NB = Non-Bird;
DF = Declined Option on First-Round Scale; WB = Waived Bird; M = Minimum
What is a cap hold? A cap hold is the amount of space a free agent counts towards a team’s cap. These “cap holds” factor in when a team signs free agents. If they didn’t exist, a team could use their cap space to sign other free agents until the space was gone, and then re-sign their own free agents using the Bird exception. A cap hold cannot exceed the maximum contract offer that player can receive on the open market (as defined by years of experience – indicated in the table above by MAX followed by the years of experience). The cap hold disappears if the team renounces their own free agent, that free agent signs with a new team, or re-signs with the same team.
Notes: A free agent does not become restricted until the team issues a qualifying offer. If a player’s option on a first-round rookie scale contract is declined (DF), the most the team can pay is the amount of the declined option (without using a larger exception or cap room). Should a player allow for their Bird Rights to be waived during the season in trade (WB), the most the team can pay is 120% of their prior salary (without using a larger exception or cap room).
Qualifying offers do not count towards the total team salary for that season and are informational only.
Unsigned first-round picks (UF) are not guaranteed until signed but their salary counts against the cap during the offseason. A typical UF gets a bump of 120% upon signing.
Players with at least three years of experience who are signed to a one-year, vet-min contract are only charged $854,389 to the cap and tax. Actual salary amount, which applies to trades is listed under notes.
“Camp invites” can put a team over the hard cap but the math must be resolved by opening night.
Salary and team data changes quite often. If you notice a discrepancy, please notify HOOPSWORLD Senior Writer Eric Pincus.
(Updated on 5/17/13)