Apr 25, 2013, 6:39 PM EDT
The Brooklyn Nets are happy with the work of Billy King.
Shake your head if you want, the Nets are about to extend the contract of their general manager, reports Adrian Wojnarowskiof Yahoo Sports.
The Brooklyn Nets are finalizing a multiyear contract extension with general manager Billy King, league sources told Yahoo! Sports. A formal announcement is expected in the near future, sources said.
King’s contract was set to expire this summer, but talks have been ongoing since the fall on a new deal.
When Mikhail Prokorov bought the Nets, King was tasked with putting together a team that could open the new Barclays Center in Brooklyn in style. King made the blockbuster trade for Deron Williams. He made a good run at Dwight Howard but when that didn’t work he kept Brook Lopez in house this summer (on a max deal). He grabbed Joe Johnson by trade last summer and had also traded for Gerald Wallace.
If you look at it in terms of raw numbers the moves worked — the Nets have improved 27 games from last season, jumping all the way up to four seed in the East. They are currently locked up 1-1 in the first round with the Chicago Bulls.
But the Nets are going to pay a steep price to make that leap — they took on the worst contract in the NBA in Joe Johnson (three years, $70 million left on the deal after this season). They are going to pay Kris Humphries $12 million next season, they have Gerald Wallace for three more years at $30.3 million dollars. There’s also Brook Lopez on with three years, $47 million after this season, but with his production as a scorer there is value there.
Basically, what you see is what you get with the Nets for a few years — they are locked into this roster. They are limited in who they can pick up as a taxpayer and they are not going to get value back in a trade for any of those contracts. The Nets are not a bad team, but they are not a contender and they are what they are for the next few seasons.
The other question that remains for King and Brooklyn — is P.J. Carlesimo the right coach for this team? The deal for the interim coach is up at the end of this season.
Aug 2, 2014, 1:22 AM EDT
Adam Silver and Larry Bird issued statements as well.
LeBron James leads long list of players wishing Paul George the best after suffering serious USA Basketball injury
Aug 2, 2014, 12:07 AM EDT
LeBron, like most NBA players, had nothing but get-well wishes for Paul George following what appeared to be a serious injury.
Aug 2, 2014, 12:01 AM EDT
Rose looking as athletic as ever.
Paul George leaves USA Basketball Showcase with severe lower leg injury, remainder of scrimmage canceled
Aug 1, 2014, 10:51 PM EDT
Gruesome injury suffered by George causes remainder of scrimmage to be canceled.
Aug 1, 2014, 10:00 PM EDT
Only six NBA players have no-trade clauses, and Parker wasn’t eligible under the circumstances.
Aug 1, 2014, 8:45 PM EDT
New uniforms for the national team.
Aug 1, 2014, 7:35 PM EDT
Damian Lillard also wanted Williams back in Portland
Aug 1, 2014, 6:30 PM EDT
Magic Johnson takes parting shot at Mike D’Antoni
Aug 1, 2014, 5:44 PM EDT
Rumor had suggested Brewer could replace Kevin Martin or J.J. Barea in deal
Aug 1, 2014, 5:00 PM EDT
Chicago added Pau Gasol, Nikola Mirotic and Doug McDermott this summer
Aug 1, 2014, 4:14 PM EDT
New York had only minimum contract available
Aug 1, 2014, 3:37 PM EDT
If true, Corey Brewer would be a nice get for the Cavaliers.
Aug 1, 2014, 3:00 PM EDT
It’s no Heat-Cavaliers, but it’ll do
Aug 1, 2014, 2:22 PM EDT
Parker’s max extension: three years, $43,335,938
Aug 1, 2014, 1:51 PM EDT
Aug 1, 2014, 1:00 PM EDT
Wade is trying to drop pounds to make life easier on his knees. We’ll see how much that helps.
Aug 1, 2014, 12:25 PM EDT
That will go away in three months
Aug 1, 2014, 11:51 AM EDT
“So when I say I felt disrespected, I just felt like the way I played the game of basketball wasn’t appreciated.” —Isaiah Thomas referring to Sacramento management.
Aug 1, 2014, 11:20 AM EDT
Why is the Pacers’ star choosing LeBron James’ team?
Report: Greg Monroe ‘doesn’t really have a great interest in going back and playing with the Pistons’
Aug 1, 2014, 10:29 AM EDT
Pistons have reportedly talked sign-and-trade with Hawks, Suns and Blazers (but Portland is out)
- Paul George tweets: “I’ll be ok and be back better than ever” 0
- Paul George leaves USA Basketball Showcase with severe lower leg injury, remainder of scrimmage canceled 74
- Rumor: Corey Brewer to Cleveland now part of Kevin Love trade talk 24
- Tony Parker signs (another) contract extension with Spurs 10
- Bulls owner issues statement refuting rift between Bulls front office, Derrick Rose 23
- If traded before World Cup starts could Kevin Love still play for USA? Colangelo said it’s possible. 2
- Anthony Davis steps into spotlight, is Team USA’s lynchpin 18
- Referee Violet Palmer comes out publicly as gay 49