Jefferson Re-Ups With Nets



from the Newark Star-Ledger's Dave D'Alessandro :

How much do the Nets value Richard Jefferson nowadays?

Enough for the boss to travel across an ocean to deliver him a new contract.

On the eve of his first game as a U.S. Olympian, the Nets forward officially signed a six-year, $76 million extension yesterday after the paperwork was brought to Greece by team CEO Rod Thorn.




The signing represents a slight departure from the frugal new regime of Bruce Ratner, but the Jefferson contract doesn't take effect until 2005-06, when the Nets will no longer be a tax-paying team -- a significant difference from the case of Kenyon Martin, who was not offered a big-money contract because it would have taken effect next season.

Posted: Sat - August 14, 2004 at 12:47 PM      

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