Rondae Hollis-Jefferson: Brooklynnnnn I Love You.. can’t believe it’s been 4 years ha.. Thank you 🙌🏽
The Spencer Dinwiddie $1.6M free agent hold is now replaced by a $10.6M salary in 2019-20. The Nets are still projected to have cap flexibility in July but how much will be based on the future of restricted free agents D'Angelo Russell and Rondae Hollis-Jefferson.
Michael Scotto: No extensions for D'Angelo Russell and Rondae Hollis-Jefferson. When asked about the possibility of an extension earlier at practice, neither player knew today was the deadline. Both players will be eligible for restricted free agency this summer as Nets preserve 2019 cap space.
Bobby Marks: With the Dwight Howard trade, only Allen Crabbe will have a guaranteed contract for the Nets in 2019-20. The Nets could potentially have up to $60M+ in room next summer but will be contingent on the restricted free agency of D'Angelo Russell and Rondae Hollis-Jefferson.
February 26, 2021 | 2:10 pm EST Update
As Fanatics continues to hold off on a potential IPO, the sports merchandise company is busy expanding global operations, this time in China. The Michael Rubin-led company is starting Fanatics China, a joint venture with investment firm Hillhouse Capital, an Asia-focused private equity fund with companies in Asia’s e-commerce and retail sectors, the company told CNBC. Sources close to the deal told CNBC Fanatics expects the “venture alone to be over a $1 billion piece of business in China.”