3:50pm: The Nets have officially signed Shumpert, the team announced today in a press release. His minimum-salary contract will pay him about $13.1K per day as long as he remains on the roster.
2:24pm: The Nets are bringing in free agent swingman Iman Shumpert, Adrian Wojnarowski of ESPN.com tweets. No corresponding roster move will be necessary, as Brooklyn has the ability to carry a 16th man until Wilson Chandler returns from suspension.
The news of Shumpert signing coincides with Stadium’s Shams Charania reporting that Caris LeVert is expected to miss several weeks because of feared ligament damage in his thumb. LeVert, who recently signed a three-year, $52MM extension, has missed 79 games because of injury since coming into the league.
Shumpert’s deal will give him the opportunity to once again be teammates with Kyrie Irving after the two vets won a title in Cleveland together. As NetsDaily relays, Irving lobbied for the team to sign Shumpert over the summer.
As we explained earlier this month, players serving longer-term suspensions can be moved to the suspended list after five games, at which point a team is eligible to add an extra player to its roster. Chandler will be eligible to return from his 25-game ban on December 15, so Brooklyn will have to make a roster move at that time, releasing Shumpert or trading or waiving of its other players to get back down to 15 players on standard contracts.