9:36am: The deal is official, the Nets announced in a press release.
Johnson’s agent, George Langberg, confirmed the deal, which could be worth up to $4.1MM. Johnson could have received more guaranteed money from another team, but he was comfortable in Brooklyn, Wojnarowski adds (Twitter link).
Johnson, 24, signed a pair of 10-day contracts with the Nets, the second of which expired overnight. He has appeared in six games, averaging 7.8 points and 5.8 rebounds in 13.3 minutes per night. Coach Steve Nash told reporters earlier this week that the Nets were happy with Johnson’s production and hoped to keep him around.
Brooklyn was able to sign Johnson for up to three years because the team still had part of its taxpayer mid-level exception available, as Bobby Marks of ESPN notes (Twitter link).
A second-round pick in 2018, Johnson played his first two seasons with the Pacers and was in training camp this year with the Raptors.