Still reeling from the 2013 trade with Boston that cost them a handful of first-round picks, the Nets entered the 2016/17 season as the odds-on favorite to lose the most games of any team. Sure enough, they delivered, posting a 20-62 mark as their top free agent addition (Jeremy Lin) battled injuries for most of the year.
With the Celtics still in control of Brooklyn’s first-round picks in 2017 and 2018, the Nets will be hard-pressed to add star talent, but GM Sean Marks will look to continue adding young pieces with a pair of draft picks in the 20s — and with the team’s max-level cap room.
Here’s where things currently stand for the Nets financially, as we continue our Offseason Salary Cap Digest series for 2017:
Guaranteed Salary
- Brook Lopez ($22,642,350)
- Jeremy Lin ($12,000,000)
- Trevor Booker ($9,125,000)
- Andrew Nicholson ($6,362,998)
- Deron Williams ($5,474,787) — Waived via stretch provision.
- Justin Hamilton ($3,000,000)
- Caris LeVert ($1,632,480)
- Rondae Hollis-Jefferson ($1,471,382)
- Isaiah Whitehead ($1,312,611)
- Total: $63,021,608
Player Options
- None
Team Options
- K.J. McDaniels ($3,476,873)
- Total: $3,476,873
Non-Guaranteed Salary
- Quincy Acy ($1,709,538)1
- Archie Goodwin ($1,577,230)
- Spencer Dinwiddie ($1,524,305)
- Joe Harris ($1,524,305)2
- Sean Kilpatrick ($1,524,305)3
- Total: $7,859,683
Restricted Free Agents
- None
Cap Holds
- Randy Foye ($3,000,000)
- No. 22 overall pick ($1,713,720)
- No. 27 overall pick ($1,423,560)
- Total: $6,137,280
Projected Salary Cap: $101,000,000
Maximum Cap Room: $33,209,882
- With eight guaranteed salaries, two cap holds for first-round picks, and a pair of cap charges for empty roster spots, the Nets would have a team salary of $67,790,118. Their available cap room will dip a little if they keep some of their players with non-guaranteed salaries, as is expected, but they’d still have more than enough room to aggressively pursue at least one major free agent — perhaps an RFA, if they follow 2016’s blueprint.
Footnotes:
- Acy’s salary becomes fully guaranteed after July 16.
- Harris’ salary becomes fully guaranteed after June 30.
- Kilpatrick’s salary becomes fully guaranteed after June 30.
Salary information from Basketball Insiders and The Vertical was used in the creation of this post.
Sell off whatever you can. Maybe send Brook to LAL or NYK or DAL for some kind of asset anyone that can absorb his salary. Try to get as much as possible and just keep going till you have a bunch of assets
mozgov and randle for 1 year of lopez
Mozgov has negative value and would kill their cap flexibility headed forward