The Brooklyn Nets have officially committed to a full rebuild of their franchise after trading Mikal Bridges to the New York Knicks for three players including Bojan Bogdanovic and a haul of first-round picks. Brooklyn’s second order of business was keeping center Nic Claxton with the organization for the long-term and they finally can make that move official as well.
On Saturday, the Nets issued a press release that they have officially re-signed Claxton to a multi-year contract. As most Nets fans know by now, the reporting around the signing is that Claxton is signing a four-year, $100 million deal with $96 million guaranteed.
Per Michael Scotto of HoopsHype, Claxton’s contract includes $97 million in guarantees and $3 million in potential bonuses. These bonuses could be tied to anything, but for Claxton, they are more likely related to any statistical feats that he achieves along with minimum games played thresholds since he struggled with injuries early in his career.
Either way, Claxton is someone that the Nets were smart to keep around given how much he has grown in the past couple of seasons as he was more available. He ended the 2023-24 season averaging 11.8 points, 9.9 rebounds, 2.1 assists, and 2.1 blocks per game while shooting 62.9% from the field and 55.1% from the free-throw line.
Nets general manager Sean Marks issued the following statement after Claxton’s was officially announced:
“We are thrilled to have Nic remain in Brooklyn as a core player for our team going forward. Nic has made strides in his game in each of his first five seasons, developing into one of the top defenders in the league. With his outstanding work ethic and dedication, we know that Nic will continue to be relentless in his efforts to maximize his talents and expand his game. Off the court, Nic and his family have embraced being a part of the Brooklyn community and we look forward to the impact he will continue to have on our borough.”
Nets officially announce the re-signing of center Nic Claxton. Nets are signing Claxton to a four-year, $100 million contract.
Nets GM Sean Marks said this as part of his statement: "We are thrilled to have Nic remain in Brooklyn as a core player for our team going forward." pic.twitter.com/PWZUNdZEYc
— Sharif Phillips-Keaton (@SharifKeaton) July 6, 2024
The Brooklyn Nets re-signed center Nic Claxton to a four-year $100 million contract. Claxton gets $97 million guaranteed with $3 million in potential bonuses, league sources told @hoopshype. The contract includes a descending structure, which starts at $27.6 million, per sources. pic.twitter.com/l0lIkjb9FT
— Michael Scotto (@MikeAScotto) July 6, 2024
