How can the (New Jersey) Brooklyn Nets afford all of these off-season signings?
Joe Johnson due- roughly 90 million over the next 4 years
Deron Willams- 5 years 98.75 million
Gerald Wallace- 4 years 40 million
Kris Humphries- 2 years 24 million
Brook Lopez- 4 years 61 million
Thats five players scheduled to make approximately 71.1 million dollars next season alone. They also have to pay the other 11 players on the payroll. Now I understand that Mikhail Prokhorov and Jay-Z have more than enough money to make the world go round and all, and I also understand the extreme revenue stream that the move to Brooklyn and the logo change (jerseys, hats, t-shirts , etc.) will create. They will have the money necessary to pay these players, but how does can this team work under the new CBA, the NBA's soft cap, and the luxury tax that will stem from their crazy payroll?
Even if they do trade Lopez and Humphries for Howard in Orlando, they cannot until Mid January 2013, and even if the trade happens then, Howard's contract will be about the same if not more than the two combined. Just trying to figure out how under the NBA's soft cap they can field this team.
Thanks for the help in advance!-
- Anonymous9 years agoFavorite Answer
u will know it if u have as much money as Mikhail Prokhorov
- Anonymous6 years ago
This in turn has also given rise to a great many pharmaceutical sales jobs in New Jersey and has led to a lot of employment too.
There are many people who like working in a pharmaceutical sales job part time and even full time so that they can earn money and leave satisfied at the end of the day.
- 9 years ago
Jay-Z rollin in those $$$$$$$