WEDNESDAY, 2:00pm: Davide Chinellato of Italy's La Gazzetta dello Sport (Twitter link) hears from a source that the Nets are no longer pursuing Belinelli, who is now talking to the Pacers.
MONDAY, 4:28pm: The Nets have reached out to free agent guard Marco Belinelli and discussed a multi-year deal for the taxpayer mid-level exception of $3.2MM, sources tell Eric Pincus of HoopsWorld. Sources say that the Nets are debating whether to go with a guard like Belinelli or another big man to bolster the the frontcourt.
While it has been reported that the Nets and Kyle Korver have more-or-less agreed to a deal for the taxpayer MLE, Pincus reports that he could fall outside of the Nets' price range. The sharpshooter has lots of suitors this offseason and could land a deal with a higher average annual value. It's possible that Korver is high enough on Brooklyn to give them a discount and the 32-year-old has done quite well for himself over the years, earning more than $38MM over the course of his career according to Basketball Reference.
The Nets would also like to re-sign Andray Blatche, but the most they can offer is ~$1.4MM without using a portion of their MLE. If he does return at that figure, that would enable Brooklyn to sign Belinelli.
Belinelli spent last season with Chicago and averaged 13.4 PPG, but his 35.7% percentage from downtown was the lowest of his career. The Italian is represented by Excel Sports Management, according to the Hoops Rumors Agency Database.