The transactions keep flowing in the NBA. Nene signed a big contract with the Nuggets (more than $67 million, 5 years) that only looks small because many thought he might receive a $100 million offer. However, this still reminds me of the contracts that brought us NBA Lockout 2011 (which is also the name of a really boring video game about collective bargaining and corporate finance). We’re talking about a big man with past knee problems and a rebound rate around 15 over the last four years. Guys like Dwight Howard and Kevin Love are in the 20s.
I think Nene is a decent defender as well, but this contract is most likely a questionable decision in response to a bad situation. Continue reading