Mikhail Prokhorov said he’ll pay the repeater luxury-tax for the Nets.
Thaddeus Young – who had a $10,221,739 player option – could put that to the test.
Chris Haynes of Cleveland.com:
Young helped the Nets sneak into the playoffs after coming to Brooklyn for Kevin Garnett. But keeping the 27-year-old forward could get expensive.
Let’s make a few assumptions about the rest of the roster:
- Brook Lopez opts out and re-signs for a max contract
- Alan Anderson opts out
- The Nets sign the No. 29 pick to the typical 120% of rookie scale
- The Nets sign the No. 41 pick to a minimum contract
- The luxury-tax line is $81.6 million, as projected
Here’s a projection of how much Young’s salary – from the minimum to his projected maximum – would cost Brooklyn in light of the harsh repeater penalties:
|Thaddeus Young salary||Cost to Nets|
It obviously gets ridiculous, especially when you get to Young’s estimated starting salary for next season of around $11 million.
However, if the Nets don’t re-sign Young, they can’t just spend that money elsewhere. They’d be limited to the $3,376,000 taxpayer mid-level exception. And there’s no upside for getting worse. They already traded their 2016 first-round pick to the Celtics.
If they don’t sign Young, the Nets have a chance to get under the tax. That’s the route every other owner would go – especially considering the upside to signing Young is fighting for a playoff berth in the weak Eastern Conference.
But Prokhorov is a different breed. Young could show us just how different.