7:42pm: Foye’s one-year deal is worth $2.5MM, tweets ESPN’s Marc Stein.
JULY 15, 1:07pm: The signing is official, the Nets announced via press release.
JULY 14, 12:05pm: After missing out on their top targets last week, the Nets continue to move on to alternate options in free agency. According to Adrian Wojnarowski of The Vertical (via Twitter), the team has reached an agreement on a one-year deal with shooting guard Randy Foye.
The Nets attempted to add some talent and youth to their backcourt early in free agency by signing Tyler Johnson and Allen Crabbe to offer sheets. However, the Heat and Blazers, respectively, matched those offer sheets, and Brooklyn has turned to veteran free agents since then, agreeing to deals with Greivis Vasquez, Luis Scola, and Anthony Bennett.
A former seventh overall pick, Foye has played for the Timberwolves, Wizards, Clippers, Jazz, Nuggets, and Thunder over the course of his 10-year NBA career. Last season, he appeared in a total of 81 games for Denver and Oklahoma City, averaging a career-low 5.9 PPG, and shooting just 30.0% from three-point range, also the worst mark of his career.
Foye is only three years removed from a 2013/14 campaign in which he started 78 games and averaged 13.2 PPG and 2.3 3PG, and at age 32, he should still have something left in the tank. Joining the Nets, whose roster isn’t exactly loaded with talent, could give him the opportunity to earn consistent playing time in 2016/17. If he has a bounce-back season, he could land a decent deal as a free agent in the summer of 2017, when the salary cap exceeds $100MM.
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