Restricted free agent guard Allen Crabbe has signed a four-year, $75 million offer sheet with the Brooklyn Nets, according to The Vertical's Adrian Wojnarowski. The contract reportedly includes a player option on the fourth year, a trade kicker and bonuses that could bring the deal up to $83 million, making it just about as player-friendly a deal as possible. The Portland Trail Blazers have three days to decide whether or not they will match.
Crabbe, 24, has been in the league for three years and is coming off a season where he averaged 10.4 points and 2.7 rebounds in 26 minutes for the Blazers. He does not fit the profile of a player who would typically command about $19 million per season. So, why is Brooklyn prepared to do this?
- Last season was the first in which Crabbe had a regular spot in Portland's rotation, and he responded by being much more reliable and efficient than ever before. He made 39.4 percent of his 3-pointers, and he was solid in the mid-range, too. For a team like the Nets, taking a chance on an athletic shooter with upside is a smart play.
- That's a lot of money, but you almost always have to overpay if you're a rebuilding team like Brooklyn. You also almost always have to overpay if you want to steal a restricted free agent. If Crabbe had signed an offer sheet for $10-15 million per season, the Blazers would likely match it without thinking twice. Portland still might match, but the decision might be difficult.
- The Nets already have a four-year, $50 million offer sheet out there with guard Tyler Johnson. It looked like the Miami Heat wouldn't match it, but now that Dwyane Wade has signed with the Chicago Bulls, their plans might change. If Brooklyn doesn't get Johnson, then its only guards are Jeremy Lin, Sean Kilpatrick and Caris LeVert.
This situation is similar to when the Dallas Mavericks signed Chandler Parsons to an offer sheet two years ago. The Houston Rockets intended to match any contract for Parsons, but general manager Daryl Morey called it "one of the most untradeable" contracts he'd ever seen. The Blazers likely don't want to lose Crabbe for nothing, but this would also be an incredibly difficult-to-trade contract. Given that they invested so heavily in Evan Turner earlier this summer and C.J. McCollum is due for an enormous raise next summer, it might not make sense for them to pay another wing like this long term. That's what the Nets are banking on, anyway.