Nets To Apply For Disabled Player Exception

The Nets will apply for a disabled player exception to compensate for the loss of starting point guard Jarrett Jack to a season-ending right knee injury, GM Billy King said today to reporters, including Brian Lewis of the New York Post (on Twitter). King nonetheless said he’s not sure that the team will use it, saying that no point guard on the market at present would “move the needle” and that he would like to give current Nets point guards Shane Larkin and Donald Sloan opportunities to fill the void, observes Andy Vasquez of The Record (Twitter links).

The Nets have to formally submit their application for the exception by January 15th, and while it seems likely the league will grant it, the team will have only until March 10th to use it. The exception would be worth $3.15MM, half of Jack’s $6.3MM salary for this season. The team could use it to sign a player to a deal for the rest of the season. Brooklyn could also claim a player off waivers making that amount or less on an expiring contract. The Nets can use the value of the exception plus $100K to accommodate a player via trade, but, as with a waiver claim, that only works if the player is in the final year of his deal.

Brooklyn is about $2MM shy of the luxury tax threshold, so it’s unlikely the team uses the full value of the exception unless it sheds other salary via trade or waiver. Sloan is the only Nets player without a full guarantee on his contract, but Hollins’ comment suggests the Nets will keep him past Thursday, the last day the team could waive him before his salary becomes fully guaranteed.

Do you agree or disagree with King’s assessment that no point guard on the market would move the needle for the Nets? Leave a comment to share your thoughts.

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