Teams monitoring Joe Harris‘ free agency “firmly believe” that he’ll end up re-signing with the Nets, according to Ian Begley of SNY.tv. Kevin O’Connor of The Ringer also reported this week that Harris appears likely to remain in Brooklyn.
While the Nets are the frontrunners for the free agent sharpshooter, they’ll face competition. Begley writes that the Hawks and Hornets will be among the many teams interested in Harris. Atlanta and Charlotte are two of the only teams that will have the cap space necessary to offer Harris a deal worth more than the mid-level exception ($9.3MM) without requiring a sign-and-trade.
Two executives who spoke to Begley estimated that Harris could end up with a deal in the range of $16-20MM annually. Teams with interest in the 29-year-old believe he could get a four-year offer from Brooklyn, Begley adds.
If, for whatever reason, the market for Harris isn’t quite as hot as expected, the Knicks – another team projected to have cap room – will have interest too, but that’s unlikely, writes Begley.
Re-signing Harris would push the Nets well into tax territory, but he’s an important piece in a rotation that features ball-dominant players like Kevin Durant Kyrie Irving, and Caris LeVert. Harris doesn’t need the ball a lot and is a reliable floor spacer and knock-down shooter, having made 43.9% of his three-point attempts over the last three seasons.