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Nets Sign Caris Lavert to 3 Years $52.5 Million

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  • Nets Sign Caris Lavert to 3 Years $52.5 Million

    Nets, Caris LeVert Agree To Extension

    The Nets and guard Caris LeVert have agreed to a rookie scale extension, the new deal is worth $52.5MM over three years. It will go into effect during the 2020/21 season, once LeVertís rookie scale contract expires.

    LeVert, who celebrated his 25th birthday on Sunday, was emerging as Brooklynís go-to option at the start of the 2018/19 season, averaging 19.0 PPG, 4.2 RPG, and 3.7 APG in his first 13 games (30.7 MPG). However, a dislocated foot derailed his breakout season, forcing him out of action until February.

    In his final 26 regular season contests, LeVert didnít show the same explosiveness or shooting touch, averaging just 11.2 PPG on .394/.312/.661 shooting in 24.9 minutes per contest. However, in the Netsí playoff series vs. the Sixers, he flashed that early-season form, scoring a team-high 21.0 PPG with a .493/.462/.724 shooting line in five games (28.8 MPG).

    LeVertís new three-year, $52.5MM deal Ė which will have annual cap hits of $16.2MM, $17.5MM, and $18.8MM.