The Nets switched out vets minimum deals on Friday, agreeing to terms with Darius Bazley, a 6’9” big, while declining their option on Edmond Sumner, a 6’6” combo guard. They got bigger and younger but may have lost some offense along the way. But nothing really changes on the salary cap. The Nets are still at about $10 million — $9,861,543, reports Spotrac — below the luxury tax threshold and more than $20 million — $22,145,760, again per Spotrac — below the dreaded second apron in the new CBA.
But unless they have a big trade in the works and nothing has emerged yet, the Nets are likely very close to being done.