A look at the key offseason moves and changes for every team in the league. Next up are the Brooklyn Nets.
The draft-day trade of Thaddeus Young to the Indiana Pacers for the 20th pick (LeVert) and a future second-round pick set the tone for the Nets’ offseason.
With Brooklyn sacrificing an established veteran on a manageable contract for the oft-injured LeVert, it showed that the Nets were willing to take risks while acquiring youth.
The Nets, which have lacked draft picks recently, have rebounded with 2015 first-round picks Rondae Hollis-Jefferson and Chris McCullough while adding LeVert and Whitehead, a second-round prospect.
Bold and aggressive
Give Nets general manager Sean Marks credit for not holding back in free agency.
The Nets had two plans in place when free agency began July 1.
The first was to find stability at point guard with Jeremy Lin. The sides struck a deal on the first day of free agency.
The second was to jump into the deep end with restricted free agents.
Brooklyn was trying to do something no team has accomplished in recent memory: pry away restricted free agents with offer sheets.
Although the Nets’ plan fell short when Miami and Portland matched the lucrative offer sheets for Tyler Johnson and Allen Crabbe, respectively, Brooklyn sent a message early in free agency on the type of players that would fit its mold in the future.
Often teams with salary cap space who miss out on free agents will deviate from their initial plan and make rash decisions.
Brooklyn, however, showed restraint and kept flexibility after the offer sheets on Johnson and Crabbe were matched.
Although the Nets had $40 million-plus in cap space, Brooklyn went the one-year route with veterans Scola, Vasquez and Foye.
All three players will provide leadership and give the Nets cap flexibility throughout the season.
1. Brook Lopez $21,165,675
2. Jeremy Lin $11,483,254
3. Trevor Booker $9,250,000
4. Luis Scola $5,000,000
5. Greivis Vasquez $4,347,826
6. Bojan Bogdanovic $3,573,020
7. Justin Hamilton $3,000,0000
8. Randy Foye $2,500,000
9. Caris Levert $1,562,280
10. Rondae Hollis-Jefferson $1,395,600
11. Chris McCullough $1,191,480
12. Sean Kilpatrick $980,431
13. Isaiah Whitehead $1,074,145
14. Anthony Bennett $1,015,696
15. Joe Harris $980,431
Partial contracts 2016
16. Yogi Ferrell $543,471
17. Beau Beech $543,471
18. Egidijus Mockevicius $543,471
Dead money 2016
Deron Williams $5,474,787
Andrea Bargnani $323,599
Jarrett Jack $500,000
Salary table 2016
Guaranteed salaries $68,764,838
Dead money $6,298,386
Tax variance $1,310,880
Free-agent cap holds $0
Incomplete roster charge $0
Salaries: cap $76,448,637
Salaries: tax $77,759,517
Salary cap $94,143,000
Luxury tax $113,287,000
Cap space $17,694,363
Tax room $35,527,483
The Nets end the summer kind of where they started back in early July.
With $54 million in cap space when free agency began the Nets still retain flexibility with 15 guaranteed contracts.
Out of the 13 offseason additions, Lin, Booker, Scola, Vasquez, Hamilton, Whitehead and Foye were signed using room.
LeVert was signed to a rookie scale contract, and Bennett and Harris to the minimum exception.
With a new NBA Development League team, Brooklyn signed Ferrell ($100,000), Mockevicius ($100,000) and Beau Beech ($45,000) to partial guaranteed contracts with an eye toward developing each player.
Free agents signed in the offseason cannot be traded until either Dec. 15, Jan. 15 or for three months if they signed after Sept. 15.
Lin, Booker, Scola, Vasquez, Hamilton, Foye, Bennett and Harris cannot be traded until Dec. 15.
Rookies LeVert (Aug. 13) and Whitehead (Aug. 7) cannot be traded until one month after they signed their contracts.
Brooklyn has two players with trade bonuses.
Bogdanovic is entering the final season of his deal and has a 15 percent bonus if traded. The current value of the bonus is $535,000 with the acquiring team incurring the cap hit and the Nets owing Bogdanovic the amount due.
Lin has a 15 percent trade bonus on his new $36 million contract.
The value of the current trade bonus would be $2 million effective on Dec. 15, the first day Lin can be traded.
Starter Bench Bench
PG Jeremy Lin Greivis Vasquez Caris Levert/Yogi Ferrell
SG Sean Kilpatrick Randy Foye Isaiah Whitehead
SF R. Hollis-Jefferson Bojan Bogdanovic Joe Harris/Beau Beech
PF Trevor Booker Luis Scola Anthony Bennett/Chris McCullough
C Brook Lopez Justin Hamilton Egidijus Mockevicius
Brooklyn currently has 15 guaranteed contracts.
With an abundance of guards, the Nets have the luxury of bringing LeVert along slowly. He missed most of the 2015-16 season at Michigan because of a foot injury.
SNEAK PEEK TO NEXT SUMMER
The Nets once again will have cap space next summer.
However unlike this past July when the cap spike saw 27 teams with flexibility, Brooklyn next summer will be in the minority as a team with ample cap space
Brooklyn could have $40 million in room with seven players under contract, and the free-agent cap hold of Bogdanovic.
KEEP AN EYE ON
After Dec. 15
The summer is known as the honeymoon period for teams when building the roster through the draft, free agency and trades.
The excited feeling that many teams had the first few weeks in July will become a distant memory when the regular season begins in November.
The Nets, with cap flexibility and expiring contracts, could serve the role of facilitator for teams that have buyers’ remorse as the season moves along.
Previous team in the series: Atlanta Hawks
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