Right after season-ending knee medical procedures for guard Spencer Dinwiddie, the Brooklyn Nets are expected to use for a $5.7 million disabled participant exception to use towards attaining another participant, resources explained to ESPN.
After granted, the $5.7 million exception — 50% of Dinwiddie’s wage — allows the Nets to trade for, indicator or claim on waivers a player for the relaxation of the 2020-2021 year. Brooklyn would have to clear a roster location to include a player.
Dinwiddie, a starting up-level guard, tore the ACL in his suitable knee on December 27.
If the Nets use the whole exception, it will elevate the team’s luxurious tax monthly bill to $43 million, even though they are going to even further profit from a projected tax credit score centered on declining revenues all through the pandemic. What would’ve the moment been a $59 million luxury tax bill this time tasks to $31 million now — minus the probable use of the DPE.