Dahntay Jones to Nets: Latest Contract Details, Comments and Reaction

September 7th, 2015 by Tyler Conway Leave a reply »
Looking to add veteran talent that won't increase their tax bill, the Brooklyn Nets have signed veteran swingman Dahntay Jones to a non-guaranteed contract.

Adrian Wojnarowski of Yahoo Sports reported the news. Jones will compete for one of the Nets' final roster spots among a mix of veterans and young players signed this summer on non-guaranteed deals. Quincy Miller, Willie Reed, Donald Sloan, Markel Brown and Ryan Boatright are also signed to similar contracts, per Basketball Insiders.

The Nets currently have 12 players with guaranteed deals, one under the NBA minimum. Brooklyn can have a maximum of 16 players under the roster, though it's unlikely it will given its precarious position on the luxury tax.

At the moment, the Nets have $81.31 million in guaranteed salaries for 2015-16. The NBA's tax line is $84.74 million. Though that gives them a little more than $3 million to play with, it's obvious the front office has a goal of staying below that threshold.

The Nets have paid league-record taxes over the last two seasons with nothing to show for it and are subject to onerous repeater tax payments. Given the fact that this te ...

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