Nets Rumors: Guarantees, Reed, McCullough

Markel Brown reached a salary milestone this week and several other Nets players have important dates coming up, according to NetsDaily.com. By remaining on Brooklyn’s roster through September 1st, Brown increased his guaranteed salary from $150K to $200K. That guarantee will rise to $845,059 on the first day of training camp. If they’re still on the roster on October 28th, Quincy Miller will get $100K guaranteed and Willie Reed will become fully guaranteed at $947,276. Donald Sloan would receive $200K guaranteed on November 1st, and Ryan Boatright would get $125K on November 15th. All league salaries become fully guaranteed January 10th. The Nets have 17 players on their roster with current guarantees at about $84.7MM. Once more guarantees start to kick in, they should still be about $1.5MM under the luxury tax threshold.

There’s more news out of Brooklyn:

  • Reed just has a one-year contract, but the Nets own his Early Bird Rights, NetsDaily.com notes in the same piece. He agreed to a nonguaranteed training camp deal in September of 2014 and was waived in October. Because he didn’t sign with anyone else, Reed’s training camp will count as a season. If they want to, the Nets can offer Reed a long-term deal worth between $5MM and $6MM annually.
  • First-round pick Chris McCullough said he is willing to miss his rookie season if that’s what it takes for his injured knee to heal, writes Mitch Abramson of The New York Daily News. The Syracuse product hasn’t played since tearing the anterior cruciate ligament in his right knee in a January 11th game. “Absolutely, I’d sit out the whole year because it’s only going to benefit me in the long run,” McCullough said.
  • Bojan Bogdanovic is questionable for the rest of the FIBA Eurobasket tournament after suffering a concussion Saturday, Abramson writes in a separate piece. Bogdanovic was knocked to the floor while attempting a dunk in Croatia’s game against Slovenia. It’s uncertain how the injury will affect his status for training camp.
View Comments (1)