What luxury tax? Nets new payroll massive because owner not concerned.

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Let’s run through the Nets starting five and their salaries for next season:

Point guard Deron Williams, $17.2 million; shooting guard Joe Johnson $19.8 million; Gerald Wallace $9 million; Kris Humphries $12 million; Brook Lopez $13.7 million.

That is $71.7 million, not counting incentives some players may hit. That is with a salary cap of $58 million and a luxury tax threshold of $70.3 million. That’s not counting Mirza Teletovic at $3 million, Reggie Evans at $1.6 million, MarShon Brooks at $1.2 million or any salary from the other six or so guys needed to fill out the roster.

And every one of those starters will make more next season.

There is a new luxury tax looming in a couple years, a punitive one that has teams scared. The more over the tax line you are, the higher the tax rate. If you’re over the tax line three years in a row, you pay fines on top of the tax. Look at it this way, the Lakers $16 million dollar-for-dollar tax this season would have cost them $52 million in 2015.

Nets owner Mikhail Prokhorov doesn’t care. The Russian billionaire made more money in interest since you started reading this article than you will all year. Plus for him, owning the Nets is part of a larger real estate deal around the arena — the Brooklyn Yards project — that will make him a lot more money. If the Nets are a draw but a loss-leader in that equation, so what?

Prokhorov knew he needed a better team to open the Barclay’s center and told GM Billy King to go out and buy one.

You can justify each an every one of these signings individually. Williams is one of the best point guards in the league and the team’s franchise player. Johnson is still an All-Star point guard and his level of talent was needed to make sure Williams didn’t bolt for Dallas. Gerald Wallace is pretty good at both ends of the floor. The Nets needed a big man and Lopez had other teams ready to step in and give him a max deal, so to keep him that was the price.

As for Humphries, yes he is overpaid at $12 million a year but with a short two-year deal he is still a trade chip the Nets can try to use to get Dwight Howard after Jan. 15 (the soonest they can move any of the players they re-signed this summer).

But man, together that is one healthy tax bill coming due. That new, harsher CBA and luxury tax really only matter if an owner is concerned about the bottom line of that team by itself. Prokhorov is in it for a bigger picture.

Nets’ Jeremy Lin: ‘We’re making the playoffs. I don’t care what anybody else says’

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The Nets went 20-62 then traded their best player (Brook Lopez) for a worse player (D'Angelo Russell). Brooklyn’s biggest free-agent signing this summer (Otto Porter) plays for the Wizards. Rondae Hollis-Jefferson and Caris LeVert are nice developmental pieces but hardly seem on the verge of breakthroughs.

Still, Nets guard Jeremy Lin expects big things next season.

He set expectations in an Instagram Live video (hat tip: AJ Neuharth-Keusch of USA Today):

We’re making the playoffs. I don’t care what anybody else says.

The Nets are on the right track given their asset constraints. Though worse than Lopez now, Russell – eight years younger and on a low-paying rookie-scale deal – is more valuable. Brooklyn made the favorable swap by absorbing Timofey Mozgov‘s awful contract, a wise use of assets considering the difficulty of attracting free agents. An aggressive offer sheet for Porter was a reasonable swing in that situation, as well.

But that’s all helpful in the long run. In the short term, the Nets are almost certainly stuck as lousy. Maybe they can sneak into the playoffs in a weak Eastern Conference, but even that is a huge longshot.

Not that Lin cares what I say.

Check out Top 10 blocks from Summer League (VIDEO)

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When you think of Summer League basketball, sharp defensive rotations is not the first thing that comes to mind. Defense, in general, tends to be an after thought.

But there were some great blocks.

Here are the top 10 blocks from the Las Vegas Summer League. Enjoy the flashes of defense from Vegas.

 

Memphis Grizzlies sign former Oregon forward Dillon Brooks

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MEMPHIS, Tenn. (AP) The Memphis Grizzlies have signed former Oregon forward Dillon Brooks, a second-round pick in last month’s NBA draft.

Shams Charania of Yahoo Sports:

Brooks was selected by the Houston Rockets with the 45th overall pick. The Grizzlies acquired him in exchange for a future second-round pick.

Brooks, 21, averaged 16.1 points, 3.2 rebounds and 2.7 assists as a junior at Oregon last season. He was named the Pac-12 player of the year and helped Oregon earn its first Final Four berth since 1939.

 

Report: Even after Kyrie Irving requests trade, Carmelo Anthony still focused on Rockets, not Cavaliers

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Carmelo Anthony was reportedly willing to waive his no-trade clause for the Rockets or Cavaliers. Cleveland never seemed overly interested, but Houston was. Anthony became set on the Rockets, even reportedly expecting a trade to Houston.

Then, Kyrie Irving requested a trade from the Cavs.

That has thrown everything for a loop. Maybe Cleveland is more keen on trading for Anthony now? The Knicks are reportedly interested in trading Anthony and draft picks for Irving.

But any deal still depends on Anthony’s approval, and it’s now unclear he’d still grant that for the Cavaliers.

Frank Isola of the New York Daily News:

However, a source close to Anthony said late Friday that the All Star forward is focused on getting a deal done with Houston.

Consider this another indication LeBron James will leave Cleveland next summer. Of course, Anthony might have other reasons for preferring Houston. But when reading tea leaves on LeBron’s future, this is a clue.

I doubt LeBron has completely decided his plan, and he hasn’t even necessarily shared his thinking with Anthony, a close friend. Remember, LeBron edited his coming-home essay while on a flight with an unknowing Dwyane Wade, another close friend. But it was one thing for LeBron to strand Wade in Miami, a desirable city where Wade was happy even before LeBron arrived. It’d be something else entirely for LeBron to ditch Anthony in Cleveland. If LeBron is considering leaving, maybe he’d tell Anthony to stay clear.

Anthony could also be operating without hearing directly from LeBron. But if LeBron’s friend believes LeBron might leave, that’d still say something (though obviously not as much).

Back to the possibility that Anthony prefers the Rockets for other reasons. What happens if New York and Cleveland agree to a trade? Does Anthony still hold out for his top choice? Or does he relent and accept what was once his second choice? For now, it seems as if he’s still angling for Houston and will cross other bridges if he reaches them.