Wednesday, July 11, 2012

Source: Nets to sign Brook Lopez


The Brooklyn Nets have agreed to terms with restricted free agent center Brook Lopez on a four-year, $60 million max contract, a league source confirmed to ESPN NewYork.com.
This effectively ends Brooklyn's pursuit of Orlando Magic center Dwight Howard, since Lopez can't be traded until Jan. 15 once he signs the contract, per rules of the collective bargaining agreement.
Nets general manager Billy King was in Los Angeles negotiating with Lopez's agent, Arn Tellem, on Wednesday.
Lopez, 24, played just five games last season because of foot and ankle injuries. He owns career averages of 17.4 points and 7.5 rebounds in 251 career contests over five seasons -- all with the Nets.
The Nets finalized their other blockbuster offseason moves Wednesday, formally announcing the free-agent signings of Deron Williams and Gerald Wallace, along with the acquisition of Joe Johnson in a six-player trade with the Atlanta Hawks and Houston Rockets.
Williams, who signed a five-year deal worth $98 million, and Johnson will be introduced together Friday during a news conference at Brooklyn Borough Hall.

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