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.loggie
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another one..Agent Marc Cornstein has confirmed to Chad Ford of ESPN.com that former Net Nenad Krstic has officially signed a two year contract with Triumph Moscow early Tuesday morning.
The deal is worth around $9 million per year in the United States once you factor in the exchange rate and the fact that European clubs pay all the players' taxes, according to Ford.
Krstic joins Josh Childress, Bostjan Nachbar, Juan Carlos Navarro, Jorge Garbajosa, Carlos Delfino and Primoz Brezec as NBA players who opted to play for more money overseas this year. Three of the six are Cornstein clients.
According to the report, Cornstein worked until midnight Eastern time trying to find an NBA team willing to pay Krstic at least a mid-level contract to keep him in the NBA, but after the deadline passed Kstic signed the European deal.
"I think you almost have NBA teams being overly cautious at this point," one Eastern Conference GM told Insider. "With so many teams so close to the luxury tax, teams are unwilling to take risks. Krstic was a risk. A small one, but a risk. We are certainly seeing the effects of the collective bargaining agreement this year. But these things are cyclical. If a lot of teams had cap room, Childress, Krstic and others would be playing in the NBA."