JULY 16: The Nets have officially signed Kurucs, the team announced today in a press release. According to reports from Sportando and The New York Post, his deal is expected to be worth about $7MM over four years.
JUNE 22: The Nets and second-round pick Rodions Kurucs have reached an agreement on an NBA contract, according to international basketball journalist David Pick, who reports (via Twitter) that it will be a four-year deal.
Kurucs, who was selected using the 40th overall pick that initially belonged to the Lakers, had one year left on his contract with Barcelona. However, the Nets and Kurucs’ Spanish club were able to negotiate the terms of a buyout, says Pick.
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While Kurucs’ buyout was believed to be worth upwards of $4MM at one point, his camp was reportedly able to get that figure lowered substantially, per ESPN’s Jonathan Givony and Mike Schmitz (as relayed by NetsDaily).
Because Kurucs wasn’t a first-round pick, he won’t be subject to the NBA’s rookie scale, but it sounds like he’ll still sign a four-year contract. The Nets will have the flexibility to offer that many years because they’ll start the 2018/19 league year as an under-the-cap team. It’s not yet clear how much Kurucs’ contract will be worth, or how many years will be guaranteed, but the two sides will be able to finalize the agreement in July.
Kurucs was one of two international prospects the Nets selected in the 2018 draft, along with No. 29 pick Dzanan Musa. General manager Sean Marks indicated last night that club also expects to bring over Musa immediately, per Brian Lewis of The New York Post (Twitter link). The Bosnia forward reportedly has a buyout worth about $1MM.