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 3, 2015, 12:01 AM EDT
Orlando keeps backup center on minimum contract
Aug 2, 2015, 10:30 PM EDT
I think the movie is coming, people.
Aug 2, 2015, 9:32 PM EDT
Saunders has a versatile front line, but does he have enough shooting to give them room to operate?
Aug 2, 2015, 8:50 PM EDT
Jordan will gloat about this to Butler for years.
Aug 2, 2015, 3:30 PM EDT
The game in Africa felt like an exhibition.
Aug 2, 2015, 2:00 PM EDT
It’s a standard rookie contract for a first-round pick.
Aug 2, 2015, 12:30 PM EDT
He will be one of the favorites to win ROY.
Aug 2, 2015, 11:00 AM EDT
He was a star with the Buffalo Braves (the franchise that is now the L.A. Clippers).
Aug 2, 2015, 9:30 AM EDT
“Dude, what are you talking about? You’re only a year older than me!” — Giannis Antetokounmpo on Anthony Davis calling him “kid.”
Aug 2, 2015, 8:00 AM EDT
Okafor is getting acquainted with his young fans in Philadelphia.
Aug 2, 2015, 12:30 AM EDT
Davis is in talks to re-sign with the Clippers.
Aug 1, 2015, 11:00 PM EDT
Hamilton played 14 games with the Clippers last season.
Aug 1, 2015, 9:30 PM EDT
Rose played in the 2010 and 2014 FIBA World Championships.
Aug 1, 2015, 8:00 PM EDT
That would be good news for the Spurs and bad news for the rest of the Western Conference.
Aug 1, 2015, 6:30 PM EDT
Noah spent most of last season limited by knee surgery.
Aug 1, 2015, 5:00 PM EDT
His $4.7 million salary for next season is unguaranteed.
Aug 1, 2015, 3:30 PM EDT
Paul is still in the running for a spot on the 2016 Olympic team.
Aug 1, 2015, 2:00 PM EDT
Will this lead to all 30 teams getting their own affiliates?
Hakeem Olajuwon and Dikembe Mutombo make surprise appearances for Team Africa in NBA exhibition game (VIDEO)
Aug 1, 2015, 12:30 PM EDT
Team Africa faced off against Team World in Johannesburg.
Aug 1, 2015, 11:00 AM EDT
Mbah a Moute signed a one-year deal with the Kings in July.
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