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The Jeremy Lin era with the Nets was short-lived and strangely unsatisfactory thanks to injuries that limited him to only 37 games in two seasons before being traded to Atlanta early Friday. morning. The Nets made the trip to release two substantial Nuggets salaries, but this deal should not become official until early next week
. In making the official announcement of Lin's agreement, the Nets said that they also sent a 2025 second round pick for the Hawks and the right to swap 2023 second choice round. In return, they received rights projects from French prospect Isaia Cordinier and a 2020 Hawks-protected second round pick.
"We would like to thank Jeremy for all his contributions to organizing the Nets both on and off the field." Nets CEO, Sean Marks, said in a prepared statement.
Lin is expected to make $ 12.5 million in the last year of a three-year deal $ 36 million. He suffered an end-of-season injury when he broke a patellar tendon during the opening game last season, but he recovered completely and was allowed to contact him
. Arthur of the Nuggets as well as a first round pick of 2019 have protected 1-12 and a second round pick of 2020 in exchange for guard Isaiah Whitehead, which should be lifted once the case becomes official. The trade was first reported by ESPN and confirmed by Newsday via NBA sources.
Faried is in the last year of a contract that pays him $ 13.7 million, and Arthur is in the last year of an agreement worth $ 7.45 million. The elimination of these two elements has allowed the Nuggets to save $ 43 million in wages and luxury taxes, and when they come out of the Nets books next year, this will help create a payroll estimated at $ 70 million
. the nets were made with an eye towards the future. Lin had insisted on his desire to stay with the Nets. It was not immediately available after the news was announced and simply posted a tweet that said: "Find joy in your trip !!"
Chinese billionaire Joseph Tsai, who recently bought a 49% stake in the Nets with an option to take control in three years, reacted on his Twitter account, saying, "Sean Marks m held me aware of the movements of our team during the off season.He and his team are doing a great job to build nets in the long run.I love Jeremy Lin because he represents all the losers in us – really from first class on and off the field … We are great friends and I will follow his progress no matter where he is. "
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