08-01-2026, 05:28 AM
The Brooklyn Nets have officially signed Moe Wagner. This signing will come out of cap space and will bring the Nets down to roughly $4.5M remaining in cap space. Brooklyn also has the full $9.4M Room Exception available. The Nets could use their remaining cap space to renegotiate and extend Michael Porter Jr. They could raise his 2026-27 salary up to $45.3 million and add up to four additional seasons, with the 2027-28 salary reduced by up to 40 percent. It would trigger a six-month trade restriction. That makes August 4 a significant date for potential negotiations since the trade deadline is expected to be on February 4, 2027.trade
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