King: Nets Close To Re-Signing Kris Humphries

Nets GM Billy King told reporters today, including Newsday's Rod Boone (Twitter link), that his team is "close" to signing Kris Humphries to a new deal. King added that "it's a process" and said that it mostly came down to money at this point, tweets SI.com's Chris Mannix.

Marc Stein of ESPN.com reported yesterday (via Twitter) that the Nets were said to be offering Humphries a three-year, $24MM deal, while the Bobcats' offer was for three years and $22MM. For Brooklyn, re-signing Humphries makes some sense, since the team holds his Bird rights and could only sign outside free agents to minimum-salary deals. Of course, the Nets could also get something in return if they pulled off a sign-and-trade deal to send Humphries elsewhere.

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