Brooklyn Nets Offseason Tracker: Latest Trade Rumors, Free-Agency News

Jesse DorseyFeatured ColumnistJune 30, 2013

Brooklyn Nets Offseason Tracker: Latest Trade Rumors, Free-Agency News

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    The Brooklyn Nets already made their big move of the summer during the draft, landing Kevin Garnett and Paul Pierce from the Boston Celtics for a platter of picks, contracts and MarShon Brooks, but the offseason is far from over for the Nets.

    Once the free-agency moratorium is officially over on July 10 and the new salary cap and luxury tax levels are set, Brooklyn will realize that very few of its roster spots are actually full.

    After Deron Williams, Joe Johnson, Brook Lopez, Pierce and Garnett, Brooklyn has Jason Terry, Reggie Evans, Mirza Teletovic, Tyshawn Taylor and draftee Mason Plumlee under contract for the 2014 season.

    That's just 10 of a possible 15, and with nothing but the taxpayer mid-level exception ($3.18 million) and vet minimums, that's going to mean a lot of fancy maneuvering for the Nets.

    It's possible that another trade could come along—GM Billy King seems to have something up his sleeve every few weeks or so—but trading away more draft picks could prove disastrous.

    For now, let's take a look at what is in the works for the Nets, and how they're planning to spend that exception.

Andrei Kirilenko Agrees to Deal with Nets

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    The Buzz

    UPDATE: Friday, July 12, 6:30 p.m. ET by Zach Buckley

    According to a team press release on NBA.com, the Brooklyn Nets have officially signed veteran forward Andrei Kirilenko. While the Nets declined to release the contract details, USA Today's Jeff Zillgitt reports that the deal is worth $3.18 million for the 2013-14 season and includes a player option worth "roughly the same amount" for the following season.

    Kirilenko will be leaned on to fill the perimeter stopper role that the Nets lost when they sent Gerald Wallace to the Boston Celtics earlier this summer. The 6'9" 11-year veteran holds career averages of 1.9 blocks and 1.4 steals.

    --End of update--

     

    UPDATE: Wednesday, July 10, at 6:50 p.m. ET by Zach Buckley

    Peter Vecsey, formerly of the New York Post, reports that Andrei Kirilenko has agreed to a deal with the Brooklyn Nets for the mini mid-level exception worth $3.1 million. Vecsey clarifies that a deal has only been agreed to and not yet signed. Sports Illustrated's Chris Mannix confirms the agreement.

    Kirilenko's financial hit is staggeringhe opted out of the final year of his contract with the Minnesota Timberwolves that would have paid him $10 million—but the revamped Brooklyn roster should give him a semi-realistic hope of competing for a title.

    Whether he'll play a major role in guiding the Nets on their championship quest remains a mystery with Paul Pierce and Kevin Garnett enjoying an apparent stranglehold on the starting forward spots.

    --End of update-- 

     

    UPDATE: Wednesday, July 10, at 5:11 p.m. ET by Dan Favale

    Add free-agent forward Alan Anderson to the list of players the Nets will chase now since Bojan Bogdanovic will be staying overseas, according Yahoo Sports' Adrian Wojnarowski.

    Previously, it was reported that the Nets would have interest in Andrei Kirilenko, though it doesn't appear they'll be able to afford him.

    ---End of update---

     

    NetsDaily.com reports that the Nets will consider pursuing free-agent forward Andrei Kirilenko now that Bojan Bogdanovic won't be headed to Brooklyn.

    All the Nets currently have to offer is the mini mid-level exception, starting at a tad over $3 million annually.

     

    Buying or Selling?

    While unlikely as it was to see Kirilenko agree to a $7 million cut in pay, that's precisely what he's done by signing with the Nets.

    Furthermore, after starting and making $10 million with the Minnesota Timberwolves last season, AK47 will now likely be coming off the bench behind Paul Pierce.

    A strange and curious move for Kirilenko, but you have to officially buy him joining the Nets.

Nets Cut D.J. White

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    The Buzz

    According to ESPN's Marc Stein, the Nets have cut D.J. White.

    Parting ways with White, who spent last season in Boston, will save Brooklyn more than $4 million in luxury taxes.

     

    Buying or Selling

    Since the Nets are preparing to foot the fattest luxury tax bill ever, we have to buy this.

    Stein says that Brooklyn now owes approximately $82 million, as opposed to $87 million.

    While $4 million may not seem like much, money is money, especially given how much the Nets already spent this offseason.

    Even Mikhail Prokhorov has to have his limits, right?

     

Bojan Bogdanovic out in Brooklyn

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    The Buzz

    UPDATE: Wednesday, July 10, at 5:16 p.m. ET by Dan Favale

    According to TrendBasket.Net (via Ken Berger of CBS Sports), Bojan Bogdanovic is nearing a three-year deal with his Turkish team overseas and will most definitely not be joining the Nets next season.

    ---End of update---

    UPDATE: Wednesday, July 10, at 12:07 p.m. ET by Dan Favale

    Per Howard Beck of the New York Times, Bojan Bogdanovic was unable to come to buyout agreement with his Turkish team, so he won't be joining the Nets next season.

    ---End of update---

    UPDATE: Monday, July 8, at 8:33 a.m. ET

    Yahoo! Sports' Adrian Wojnarowski reports that the Nets have reached an agreement to sign Bojan Bogdanovic to a three-year deal. The third year will be a player option.

    Brooklyn acquired his rights in 2011 and he's spent the last two years playing in Turkey. He will likely be the backup to Paul Pierce.

    ---End of update---

    The Brooklyn Nets have signed forward Bojan Bogdanovic to a three-year deal, according to Yahoo! Sports' Adrian Wojnarowski.

    Bogdanovic was drafted 31st overall in 2011 by the Miami Heat but was eventually traded through Minnesota to Brooklyn.

    The forward averaged 15.9 points per game on 54 percent shooting and 40 percent from beyond the arc in 21 games for Fenerbahçe of Turkey during Euroleague play in 2013.

     

    Buying or Selling?

    The Nets lost another one of their targets here, all after whiffing on Kyle Korver, losing C.J. Watson and getting Andray Blatche to re-sign on the cheap.

    Bogdanovic would have been a nice stretch forward to come out behind Paul Pierce, but it appears the Nets will have to look elsewhere to fill such a need.

Shaun Livingston Joins Nets on One-Year Deal

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    According to Adrian Wojnarowski of Yahoo!, free agent point guard Shaun Livingston has agreed to accept the veteran's minimum from the Brooklyn Nets.

    Capped out beyond belief, minimum deals are all the Nets have to offer to free agents. Livingston won't be a threat to shoot the ball (he attempted just four three-point shots last year), but he's a solid facilitator who can provide 10-15 minutes of relief for Deron Williams at the point.

Nets Re-Sign Andray Blatche

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    The Buzz

    UPDATE: Monday, July 8, at 8:30 a.m. ET by Dan Favale

    Per Howard Beck of the New York Times, the Nets re-signed Andray Blatche for one year at the going rate of $1.4 million.

    ---End of update---


    New head coach Jason Kidd will meet with Andray Blatche in order to convince the free-agent center to hang around and help fill out their roster, according to Mike Mazzeo of ESPN New York.

    Blatche had one of the best years of his career last season, averaging 10.3 points on 51 percent shooting.

    According to Peter Vecsey, Blatche has cancelled all meetings with other teams, instead deciding to sign with the Nets.


    Buying or Selling?

    This bad boy's a done deal.

    After being amnestied, the Washington Wizards are still on the hook for Blatche's contract, and he is due $16 million over the next two seasons. That means no matter what happens, he'll be making at least $7.8 million from Washington, even if he doesn't get signed by any other team.

    However, the Nets will have to pay whatever salary they sign him to, while the Wizards will pay the difference.

    In this case, giving a discount to the Nets actually makes sense, as he'll be making the same amount of money regardless of where he plays.

Jason Collins in the Fray?

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    The Buzz

    According to Yahoo! Sports' Adrian Wojnarowski, former New Jersey Nets big man Jason Collins has garnered interest from his old team.

    Collins started over 400 games for the Nets between 2002 and 2008, playing alongside new head coach Jason Kidd and under new assistant coach Lawrence Frank.

    Tim Bontemps of the New York Post refutes the Woj report, although neither the Nets nor Collins have commented yet.

     

    Buying or Selling?

    It's never a bad thing to have an extra big man or two near the end of the bench, and nobody knows how to fill that role better than Collins.

    He's still not a bad defender, and while he's not agile, he does have tremendous size and remains a 7-footer.

    The fact that he played with Kidd should be another added incentive, although Collins likely wouldn't receive an offer until the Nets are finished talking to Korver, Blatche and other players who could fill out their mini-mid-level exception.

    Collins is definitely a possibility. It just might be a while before we hear anything else about him possibly joining Brooklyn.

Sebastian Telfair a Target for Brooklyn Nets

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    The Buzz

    Hoopsworld's Alex Kennedy reports the Brooklyn Nets are among teams that have interest in veteran point guard Sebastian Telfair.

     

    Buying or Selling?

    It makes sense considering C.J. Watson is not going to return to the team, but one would think the Nets have a better target in mind than Telfair.

    We'll sell this for now, but there is room to buy later.