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The Timberwolves And The Salary Cap

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When it was initially reported during the moratorium that the Wolves would be signing Kevin Martin and were unlikely to retain Andrei Kirilenko, it looked as if Minnesota would be an under-the-cap team, using cap space to sign Martin.

Eastern Notes: Kirilenko, Henderson, Oden, Heat

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When he turned down his $10MM+ player option with the Timberwolves, Andrei Kirilenko wasn't necessarily expecting to match that annual salary on a long-term deal, but he was seeking a three-year contract worth $8MM+ per season, according to Adrian Wojnarowski of Yahoo! Sports.

Nets Sign Andrei Kirilenko

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FRIDAY, 3:50pm: The Nets have officially signed Kirilenko, the team announced today in a press release.

Atlantic Rumors: Nets, Kirilenko, Kenyon, Knicks

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I know in dealing with [Kirilenko's agent] Marc Fleisher and getting this deal done, I can’t control what people think." There's more on Kirilenko's decision and other Atlantic Division rumblings, as we detail: King said Kirilenko rejected the Nets' pursuit earlier this month, but the forward had changed his mind by the time King checked in with him again, Boone notes in the same piece.

Atlantic Notes: Humphries, Wallace, Peace, Nets

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Not a huge surprise, but Nets General Manager Billy King confirmed that owner Mikhail Prokhorov reached out to Andrei Kirilenko by telephone before he signed, tweets Brian Mahoney of the Associated Press.

Odds & Ends: Mavs, Harris, Kirilenko, Thibodeau

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The Wolves' decision to replace David Kahn with Flip Saunders atop their front office played a role in Andrei Kirilenko's decision to opt out of his $10.2MM contract with Minnesota, the Nets signee tells Pavel Osipov of Sport-Express (translation via Alexander Chernykh of Rush'n Hoops; hat tip to NetsDaily).

Week In Review: 7/8/13 – 7/14/13

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The Nets signed Andrei Kirilenko to a $3.1MM deal and conspiracy theories immediately started flying.

Wolves Rumors: Pekovic, Prince, Henderson

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While a Wolves source says a three-year, $21MM deal for Andrei Kirilenko was at least briefly discussed, a source close to Kirilenko tells Wolfson that there was never an offer on the table to bring the forward back to Minnesota.

Lowe’s Latest: Clippers, Gay, Pekovic, Heat

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Don't expect the Heat to be passive about LeBron James' potential 2014 free agency, says Lowe, adding that Pat Riley and the front office "won't promise him the same aging and top-heavy roster." The Spurs are likely one of the teams unhappy about Andrei Kirilenko's new deal with the Nets, since San Antonio tried to acquire the Russian via sign-and-trade after being told he wouldn't sign for mid-level money.

Poll: Biggest Eastern Conference Threat To Heat?

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The Knicks are retaining most of the players that helped lead the team to a second-place finish in the Eastern Conference, and the Nets made perhaps the biggest splash of the summer, adding Paul Pierce, Kevin Garnett, Jason Terry, and Andrei Kirilenko, among others.

New York Notes: Lopez, Johnson, Garnett

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The only difference between the two New York teams is the Nets had “surgery” this summer (Twitter link), adding Kevin…

Each Team’s Most Expensive Signee

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Smith: three years, $17.947MM Lakers — Chris Kaman: one year, $3.183MM Magic — Jason Maxiell: two years, $5MM Mavericks — Jose Calderon: four years, $29MM (by total value); Monta Ellis: three years, $25.08MM (by average annual value) Nets — Andrei Kirilenko: two years, $6.509MM Nuggets — J.J.

Nets Sign Alan Anderson

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Brooklyn has already committed its mini mid-level exception to Andrei Kirilenko, so Anderson figures to receive a minimum-salary contract.

Andrei Kirilenko On Signing With The Nets

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They weren't quite done after their blockbuster deal with the Celtics, however, as they added Andrei Kirilenko to the mix, making the roster even more dangerous from an offensive standpoint.

Atlantic Rumors: Iverson, Pargo, Williams, West

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As we passed along earlier today, Zach Links of Hoops Rumors heard from Andrei Kirilenko as part of a conference call on the veteran forward's decision to take a discount to sign with the Nets.

Wolfson’s Latest: Pekovic, Aldridge, Redick

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Andrei Kirilenko's claim that Wolves president of basketball ops Flip Saunders didn't want to give him a long-term contract is incorrect, writes Wolfson, who hears from two people who say Minnesota offered a three-year, $21MM deal.

Hoops Rumors Originals

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I chatted with Andrei Kirilenko about the conspiracy theories surrounding his deal with the Nets.

Eastern Notes: Knicks, Udrih, Nets, Teague

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The Pacers strengthened their bench, the Nets made a big splash by landing Kevin Garnett, Paul Pierce, and Andrei Kirilenko, and the Bulls will have Derrick Rose back.

Opt-Outs On Two-Year Deals Becoming Common

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Watson (Pacers): $4.09MM Jeff Pendergraph (Spurs): $3.58MM Luigi Datome (Pistons): $3.5MM Ronny Turiaf (Timberwolves): $3MM Second-year player option: Andrei Kirilenko (Nets): $6.51MM.

Week In Review: 8/5/13 – 8/11/13

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 It may not be as big of an addition as Andrei Kirilenko, but both NYC teams have surprised everyone with their bargain shopping this summer.

Observations On 2013/14 Mid-Level Exceptions

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In Deeks' scenario, Minnesota would have renounced Andrei Kirilenko, absorbed Kevin Martin's signed-and-traded contract using cap space, squezed Brewer's deal into the remaining cap room, then gone over the cap to finalize contracts for Chase Budinger, Gorgui Dieng, Shabazz Muhammad, Nikola Pekovic, and Turiaf.

Largest Pay Cuts From 2012/13 To 2013/14

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Here's a breakdown of the free agents taking pay cuts of $5MM+ for the coming season: Devin Harris2012/13: $8,500,0002013/14: $1,272,279Difference: $7,227,721 Manu Ginobili2012/13: $14,107,4912013/14: $7,500,000Difference: $6,607,491 Andrei Kirilenko2012/13: $9,779,3492013/14: $3,183,000Difference: $6,596,349 Beno Udrih2012/13: $7,372,2002013/14: $1,272,279Difference: $6,099,921 Kevin Martin2012/13: $12,439,6752013/14: $6,500,000Difference: $5,939,675 Mo Williams2012/13: $8,500,0002013/14: $2,652,000Difference: $5,848,000 In addition to the players who have already signed deals, a few free agents who earned big salaries a year ago remain on the market, and are mortal locks to take pay cuts of more than $5MM.

Vogel On East, Offseason, Granger, Hibbert

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Vogel lauded the bench additions of Jason Terry and Andrei Kirilenko in Brooklyn, and said he expects good things from Jason Kidd as an NBA coach.