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.
The Brooklyn Nets sign Portland's Allen Crabbe to a four-year, $75M offer sheet. Story on @TheVertical: https://t.co/a0KR5qSGJ4
— Adrian Wojnarowski (@WojVerticalNBA) July 8, 2016
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.