The Nets gave themselves maximum financial effectiveness ($22 million under the projected cap of $58M, July 1, 2010) to recruit potential free agent (while boxing out the Knicks) LeBron James. . .and Dwyane Wade and Chris Bosh.
Clearing cap room two years ahead of time on the belief James’ outwardly magnetic bond with Nets’ minority owner Jay-Z (it’s not as if he rhymes as tight as Biggie Smalls) will influence him to forsake his home state of Ohio is like building an elaborate spec house just across the Brooklyn Bridge in today’s saggy, baggy real estate market.