After his best season as a professional, restricted free agent Allen Crabbe signed an offer sheet from the Brooklyn Nets.
On Thursday, Adrian Wojnarowski of The Vertical reported Crabbe's agreement with the Nets is for $75 million over four years, with bonuses potentially bringing the total value of the contract to $83 million.
ESPN.com's Mike Mazzeo confirmed the news.
Drafted 31st overall by the Cleveland Cavaliers in 2013 and traded to the Portland Trail Blazers on the same night, Crabbe floundered in his first two NBA seasons. He played sparingly off the bench and averaged just over three points per game in his first two campaigns.
After the Trail Blazers lost shooting guard Arron Afflalo in free agency last summer, Crabbe suddenly saw his role with the team expand. The 24-year-old thrived as one of the NBA's best sixth men, particularly on offense.
Crabbe appeared in 81 games last season, setting new career highs in virtually every major category, per David MacKay of SB Nation's Blazer's Edge:
While meeting with the media after Portland's season ended against the Golden State Warriors in the second round of the playoffs, Crabbe credited his breakout campaign to things he learned during his first two seasons, per Sean Meagher of the Oregonian:
[My] first two years, it was kind of trying to just figure out a lot of things. Where can I be successful? How can I be an impact on the court to the team? How can I contribute in other ways than just scoring? ... As the games went on and the season went along, I feel like I continued to grow in a lot of areas.
That confidence will be crucial for Crabbe moving forward. Now that he's earned a nice contract, the onus is on him to prove last year wasn't a fluke.
Desperately seeking a boost at shooting guard, the Nets would look better with Crabbe. They were poised to enter next season with Wayne Ellington handling starting duties after he appeared in 76 games last season.
The Nets are in an odd position because they went all-in while trying to win three years ago by trading for Kevin Garnett and Paul Pierce, but it's left them devoid of assets, with the Boston Celtics owning their first-round pick in this year's draft and in 2018 and the right to swap picks in 2017.
The Nets' only road back to respectability in the immediate future is through free agency. Yet even their efforts with Crabbe may not be enough, as Turner Sports' David Aldridge noted Portland has said it will match any offer he receives.
Jason Quick of CSN Northwest noted Trail Blazers general manager Neil Olshey declined to comment on Crabbe's offer sheet Friday and will have until Sunday to make a decision about matching the deal.
Eric Pincus of Basketball Insiders noted the way Crabbe's deal is structured could give Portland a reason to hesitate:
The Trail Blazers agreed to a reported four-year, $70 million deal with Evan Turner at the start of free agency, per Wojnarowski. Shooting guard C.J. McCollum is coming off a breakout season, so matching Crabbe's offer would force Portland head coach Terry Stotts to get creative with his lineups.
If Brooklyn does land Crabbe, he would be an obvious upgrade over everyone else on the roster.
Rondae Hollis-Jefferson struggled in limited action after suffering an ankle injury. Sean Kilpatrick was effective after signing with the team late in the season, shooting 46.2 percent overall and 36.1 percent from three-point range, but he's 26 years old and has no track record in the NBA.
The Nets are trying to piece together something and need all the help they can get. Crabbe would be a huge boon to their roster if Portland lets him walk.
The increased efficiency last year, including a 57.2 true shooting percentage, per Basketball-Reference.com, indicated that Crabbe is just beginning to scratch the surface of what he's capable of doing. He didn't enter the summer as one of the most talked-about free agents, but his ability on offense should make him worth the investment.