The Brooklyn Nets have signed restricted free agent Donatas Motiejunas to a four-year, $37 million offer sheet, according to a Yahoo! The Vertical report.
The deal reportedly includes numerous protections and bonuses, with only $5 million in guaranteed money. The final two seasons are completely non-guaranteed.
Houston will have until Monday to match the offer.
https://twitter.com/WojVerticalNBA/status/804848931154853888
Donatas Motiejunas' four-year, $37M offer sheet with Nets includes two non-guaranteed years on back end, league sources tell @TheVertical
— Adrian Wojnarowski (@wojespn) December 3, 2016
Check out more details below (via The Vertical):
The offer sheet has Motiejunas earning $5 million upon the signing of the contract, and the team has to decide by Jan. 10 whether to pay him another $3.5 million for the remainder of the 2016-17 season, league sources said.
By March 1, the team has to pick up the option for $9 million owed to Motiejunas for the 2017-18 season, sources said.
The final two years of the contract are non-guaranteed, league sources said, which means the team can cut Motiejunas loose without paying the balance of the contract. Before the 2018-19 and 2019-20 seasons, there’s a July 7 trigger date to make a decision on Motiejunas’ deal. Each of the four years includes $1 million in likely bonuses, and $500,000 in unlikely bonuses, sources said.
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