Nets Creatively Honored Agreements With Cliff Alexander, Prince Ibeh
Posted: Tue Apr 4, 2017 10:11 pm
The Brooklyn Nets made a series of moves over the weekend that will have no impact on the court this year, but could pay off down the line.
Earlier this season, Brooklyn agreed to sign Cliff Alexander and Prince Ibeh, who both played for the Nets' D-League affiliate in Long Island, to 10-day contracts. Injuries to both players scuttled those plans and the Nets moved in different directions. With the opportunity to keep their word and curry some favor with agents and players alike, Brooklyn made good on their promise in a somewhat unconventional way.
On Sunday, the Nets early terminated the second 10-day contract for Archie Goodwin. They then signed Alexander to a 10-day contract and immediately terminated it by waiving him. They completed the same actions with Ibeh. This guaranteed both Alexander and Ibeh the 10-day salary of $31,969 and gave both credit for a year of service in the NBA. This brings Alexander to two years and Ibeh to one. Brooklyn then moved on to sign Goodwin to a multi-year contract on Tuesday, as was their original plan all along.
With a series of six transactions and a total cost of just under $64,000, Brooklyn made good on three promises: 10-day deals for Alexander and Ibeh and signing Goodwin long-term.
This type of dealing shows that Sean Marks and the Nets ownership are committed to keeping their word and will be seen favorably by agents, and thus their players, around the league. And for Alexander and Ibeh, in addition to some extra pay, they can now sign contracts for higher veteran minimums. Alexander is now eligible for $1.47 million versus $1.31 million, and Ibeh eligible for $1.31 million vs $800 thousand. That extra potential money will go a long way for two players who spent most of the year in the D-League.