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.
Jul 24, 2014, 12:01 AM EDT
Allen has already said an MRI comes first
Jul 23, 2014, 10:59 PM EDT
We know how this movie is going to end, Donald Sterling will lose the Clippers, we just don’t know how we will get there yet.
Jul 23, 2014, 9:55 PM EDT
Aminu, who replaces Rashard Lewis, will have player option
Jul 23, 2014, 9:30 PM EDT
Houston’s other second rounder, Alessandro Gentile, to remain in Europe
Jul 23, 2014, 8:40 PM EDT
If you really want something and you can afford it, why not? But Ballmer overpaid big for the Clips.
Jul 23, 2014, 7:49 PM EDT
Does this mean Boston will trade Rajon Rondo?
Jul 23, 2014, 7:12 PM EDT
Sacramento reportedly plans to file waiver claim on Casspi
Jul 23, 2014, 5:38 PM EDT
If Kevin Love goes to Cleveland does that impact Ray Allen’s decision?
Jul 23, 2014, 5:09 PM EDT
Numbers show a substantial increase in popularity.
Jul 23, 2014, 4:25 PM EDT
Exum is a project but he also could be the point guard of the future in Utah.
Jul 23, 2014, 3:40 PM EDT
“I was about to get him kicked out of the camp,” Wade joked.
Jul 23, 2014, 2:56 PM EDT
Good pickup to add some depth at the point, something Dallas needed unless you’re expecting a monster bounce-back season for Raymond Felton.
Jul 23, 2014, 2:09 PM EDT
Is it better than the offer being put together by the Cavaliers?
Jul 23, 2014, 1:30 PM EDT
He was given community services, which he can complete in Dallas where he was traded.
Jul 23, 2014, 12:55 PM EDT
Waiters will continue to be rumored to be available until he proves he can fit in with Kyrie Irving.
Jul 23, 2014, 12:15 PM EDT
Dallas was counting on him for bench depth and now will be looking to replace that help in a depleted market.
Jul 23, 2014, 11:37 AM EDT
Minnesota wants to dump some bad contracts as part of the deal, and Cleveland isn’t taking them.
LeBron James sent cupcakes to Akron neighbors to apologize for commotion caused by his free agent decision
Jul 23, 2014, 11:01 AM EDT
People descended upon LeBron’s neighborhood as rumors swirled.
Jul 23, 2014, 10:21 AM EDT
Stackhouse coached against Hollins at adidas Eurocamp in Italy this summer.
Jul 23, 2014, 9:47 AM EDT
LeBron has used more than just physical gifts to become all-time great NBA player
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- Report: Jameer Nelson near $2.7 million deal to join Dallas Mavericks 11
- Report: Mavericks void Rashard Lewis’ contract after it’s discovered he needs knee surgery 10
- Report: Sixers, Nuggets or Celtics could become third team in Kevin Love trade to Cavaliers 45
- Five biggest surprises from Summer League 13
- Justin Bieber and Kevin Durant share brunch (photo) 22
- Clippers CEO: If Sterling remains owner then Doc Rivers, players, sponsors all ready to bolt 60