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Nets Re-Sign Kris Humphries

FRIDAY, 11:39am: The Nets have officially signed Humphries, the team announced today (Twitter link).

TUESDAY, 10:43am: Humphries' deal with Brooklyn is fully guaranteed, according to Marc J. Spears of Yahoo! Sports (via Twitter). Spears adds that Charlotte offered Humphries a three-year, $28MM deal.

9:19am: The Nets and Kris Humphries have reached an agreement on a two-year contract worth $24MM, according to's Marc Stein (via Twitter). The deal will pay Humphries a flat rate of $12MM in each season, says Howard Beck of the New York Times (via Twitter). Stein tweeted last week that the Nets were believed to be offering Humphries $24MM for three years, so the reported agreement represents a nice pay bump for the power forward.

Well over the cap and having used their mid-level exception, the Nets could only add outside free agents using the veteran's minimum or sign-and-trade deals. As such, it makes sense that they'd agree to bring back Humphries, whose Bird Rights they still held. The 27-year-old, who averaged 13.8 points and 11.0 rebounds in 34.9 minutes per game in 2011/12, will provide a rebounding presence that a Nets' frontcourt led by Brook Lopez and Mirza Teletovic may otherwise have lacked.

Still, a $12MM annual salary over two years is a little surprising for Humphries, especially if both years are fully guaranteed. When Humphries' name surfaced in sign-and-trade rumors, rival teams seemed unwilling to commit to him for more than one season. You have to wonder if Brooklyn's deals for Gerald Wallace (four years, $40MM), Lopez (four years, $60MM+), and Humphries are cases of the team bidding against itself to bring back its own players.

With Humphries on board, the Nets have now added eight free agents for a total of over $240MM this summer, as Hoops Rumors' Free Agent Tracker shows. And that's not even taking into account the team's acquisition of Joe Johnson, who has about $89MM left on his contract.


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7 thoughts on “Nets Re-Sign Kris Humphries

  1. Gonzalesv

    yeah i dont think anyone out there was gonna give him 12 mil .. just like i dont think anyone was gonna give g wallace 10 mill .. but someone WOULD of gave brook a max deal that is for sure ..

    • Luke Adams

      Possibly. But even if there was another team willing to go that high, the Nets gave him the $60MM+ max (7.5% raises) rather than the $58MM max (4.5% raises) that Hibbert and Gordon got.

      — Luke

      • Gonzalesv

        yeah but maybe they wanted to make it up to hm that they basically have been throwing him out there for a little over a year in all these dwight trade talks .. i dont know but i honestly can see the nets fighting for the 8th seed and not doing much better then that

        • Gonzalesv

          they were trying to make it up to him

  2. Rabbidw

    I can’t evaluate the dollars but with the team they have built, they must have a strong rebounding power forward. Who else could they get. They now can match up with Miami, Boston and the Knicks. Without Humpheries they have no PF

  3. remyngtin

    Nice deal for them both

  4. Patrick Oliver

    Good deal Kris, Nets!

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