Kris Humphries Resigns With Brooklyn Nets – 2 Years $24 Million

Kris Humphries Resigns With Brooklyn Nets

It really seems that Brooklyn is in the house!

David Aldridge is reporting that

The Brooklyn Nets’ unprecedented offseason spending spree continued Tuesday by agreeing to terms with starting power forward Kris Humphries on a two-year, $24 million contract, according to sources.

The signing of Humphries is yet another important move for the Brooklyn Nets as they try to put together a championship squad.

The Nets traded for Joe Johnson, resigned Deron Williams, Gerald Wallace, Brook Lopez and now Kris Humphries. With all that money being absorbed and spent, the Nets now have the look of a very dangerous playoff squad.

This is going to be a pretty good team and the owner, Mikhail Prokhorov, is not shy about spending money

Aldridge writes that

Prokhorov has okayed a $98 million contract for Williams, assuring the Nets would retain their franchise player; a $60 million extension for Lopez, a $40 million extension for Wallace, $24 million for Humphries, the aforementioned $89 million for Johnson, $9.5 million for European forward Mirza Teletovic, $5 million for free-agent forward Reggie Evans (acquired in a sign-and-trade with the Clippers), and $2.5 million for free agent guard C.J. Watson. Including a veteran minimum deal for guard Jerry Stackhouse, the Nets have committed somewhere in the neighborhood of $330 million in new deals since the start of the free agent period July 1.

All of these moves strengthen the Nets team as they move into their new Brooklyn home at the start of the NBA season.

Leave a Comment