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Old 07-11-2012, 12:12 AM   #1 (permalink)
jeffb
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Nets Brook Lopez to re-sign for up to 5yrs/78Mil



Quote:
Adrian Wojnarowski‏@WojYahooNBA

Y! Sources: As time's running out on a Howard deal for Brooklyn, Brook Lopez nears agreement on max contract with Nets. http://tinyurl.com/86tgnwf
Quote:
Restricted free-agent center Brook Lopez is progressing toward an agreement for a maximum contract with the Brooklyn Nets, league sources told Yahoo! Sports.

Brook Lopez played in only five games last season for the Nets. (AP)Nets president Billy King and Lopez’s agent, Arn Tellem, are finalizing the length of the deal – four years for $58 million, or five years for $78 million – and ironing out protections on the back end to account for a right foot that Lopez broke twice in the past year, sources said.

King is scheduled to travel to Los Angeles on Wednesday to work on completing the deal with Tellem.

Brooklyn needs Lopez as the centerpiece of a sign-and-trade deal to acquire Orlando’s Dwight Howard, but is running out of time waiting for the Magic to make a decision on where they want to trade him, sources said. The Nets need to add four free agents into a deal for Howard, and convincing all of them to be a part of a complicated sign-and-trade deal much beyond Wednesday’s end to the league’s moratorium on transactions becomes increasingly more unrealistic every day.

Once Lopez signs the deal, he can’t be traded until December.

Orlando has refocused its trade talks for Howard with the Los Angeles Lakers and Houston Rockets, and the Nets are starting to believe that Magic general manager Rob Hennigan simply wants to do a deal elsewhere, sources said. Clearly, the Nets are pushing hard on Lopez’s deal to apply pressure to Orlando, but there’s nothing left for them to offer Orlando that they haven’t already made available to them.

The Nets are offering the Magic three first-round picks, and a fourth that it believes it can gain upon moving guard MarShon Brooks in a trade, sources said.

The Houston Rockets were aggressively shopping players on Tuesday, including forward Luis Scola, in an attempt to create more salary-cap space and gain another first-round pick to fulfill Orlando’s wants for a Howard deal, sources said.

Last edited by jeffb; 07-11-2012 at 12:16 AM.
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