Nets Sign Allen Crabbe to Four-Year, $75 Million Offer Sheet

by July 08, 2016
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Restricted free agent guard Allen Crabbe has inked an offer sheet from the Brooklyn Nets worth a reported $75 milllion over four years.

The Portland Trail Blazers have three days to match.

Bonuses could reportedly bump the deal up to $83 million.

Per Yahoo:

The deal is a monstrous package for a 24-year-old guard who averaged 10.3 points as a Blazers reserve in his third NBA season.

 

The Nets plan to make Crabbe a starter, but his role with the Blazers would continue to be as a reserve behind C.J. McCollum. […] The Blazers received the signed sheet on Thursday night and will have three full days to match the offer and retain Crabbe – or let him leave for the Nets.

 

For new Brooklyn general manager Sean Marks, the offer sheet is another bold free agency move. Marks signed Miami’s Tyler Johnson to a four-year, $50 million offer sheet and has $125 million committed to two guards who have started a combined 24 NBA games. Nevertheless, the Nets are devoid of first-round picks in coming years and are trying to be creative in bringing young talent into the organization.

Keep up with the latest signings during the July free-agency period by following our 2016 NBA Free Agent Tracker.