Nets Sign Chase Budinger

SEPTEMBER 26: The Nets have officially signed Budinger, the team announced today in a press release.

SEPTEMBER 21: With training camps set to begin next week, the Nets have added another veteran player to their roster, according to Adrian Wojnarowski of The Vertical, who reports (via Twitter) that free agent forward Chase Budinger has reached an agreement with the team. Terms of the deal aren’t yet known.

Budinger, 28, spent last season with the Pacers and the Suns, appearing in 66 total games. He played a career-low 14.1 minutes per game and saw his production decline across the board — Budinger’s 4.1 PPG, .279 3PT%, and .696 FT% were all easily the worst marks of his career.

Still, heading into last season, Budinger was a career 35.8% from three-point range, and he could still provide a little value as a shooter off the bench. It’s not clear whether he’ll receive a guaranteed contract from the Nets, but he’ll likely have the opportunity to compete for a roster spot either way.

Brooklyn already has 15 guaranteed salaries on its books, and Budinger will be the 19th player the team is bringing to camp. However, the Nets are well below the salary cap – as well as the salary floor – and a handful of those guaranteed contracts are minimum-salary deals, so if someone has to be waived to make room for Budinger, it wouldn’t have a real impact on the club’s flexibility.

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