clock menu more-arrow no yes mobile

Filed under:

NBA free agency: Andrei Kirilenko agrees to terms with Nets, according to reports

The Brooklyn Nets pulled of inexpensive signing by reportedly adding Andrei Kirilenko for the mini midlevel exception.

Greg Smith-USA TODAY Sports

The Brooklyn Nets agreed to terms with free agent forward Andrei Kirilenko for the mini-midlevel exception, according to NBA reporter Peter Vecsey. The New York Daily News' Stefan Bondy confirmed the original report.

The Nets seemingly get a steal of a free agent deal, bringing on the defensive-talented Russian for a three-year deal worth $3.18 million annually, Ken Berger of CBS Sports reports. The third year of the contract is a player option.

That comes after the former Minnesota Timberwolves player spurned an offer to make upwards of $10 million by opting out of a player option with his current team.

Kirilenko was reportedly asking for more than twice the Brooklyn offer with the San Antonio Spurs. They had aggressive negotiations with the Timberwolves in acquiring the small forward who averaged 12.4 points, 5.7 rebounds and 2.8 assists for the T-Wolves last season. Minnesota reportedly did not want to take back $7 or $8 million in contracts from the Spurs to match Kirilenko's proposed salary if he were to play for San Antonio, according to Yahoo! Sports.

Brooklyn owner Mikhail Prokhorov is quite familiar with the fellow Russian. Kirilenko played for the CSKA Moscow, a team supported by Prokhorov.

Going over the luxury tax line will cost Prokhorov and the Nets $15 million on Kirilenko alone, Berger reports.

More from SB Nation:

Ziller: Cavs can't lose with Andrew Bynum deal

Report: Howard wanted Lakers to end Kobe era

A night at the "Penis Monologues"

The difference between Jeff Teague and Brandon Jennings

Flannery: The best (and worst) from NBA free agency | Free agency grades