 |  New Jersey Nets are contenders now
19 Jul 2005
While certainly not considered a bad team after the acquisition of Vince Carter last season, the Nets still compete in a Conference with the likes of Miami and Eastern Conference Champions Detroit. With Larry Brown reportedly stepping down as the Pistons head coach, New Jersey can hone in exclusively on the Miami Heat and Mr. Shaq. Realistically, of course, it is anybody's conference to win.
At press time, New Jersey was listed with +1300 odds to win the 2006 Eastern Conference at Bet WWTS, an online betting firm that trades on the Australian Stock Exchange. Miami featured odds of +200. This translates into the potential for a $1300 payout for every $100 bet should New Jersey take the Eastern Conference.
Bet WWTS bookmakers early odds on the 2006 Eastern Conference Championship indicate that - aside from Miami - Cleveland, Detroit and Indiana all have better odds of winning than New Jersey. But that may all change with the addition of Shareef Abdur-Rahim, who has averaged 19 points per game and 8.1 rebounds per game for his career. As reported by Chad Ford of ESPN, a team source said the Nets are very close to an agreement with Shareef Abdur-Rahim on a six year contract worth roughly $38 million.
To make the deal work under cap rules, the Portland Trail Blazers, who own Abdur-Rahim's rights, would have to agree to sign him to the contract and then trade him to the Nets using a $5 million trade exception that the Nets own. In return, the Nets would send a future first round pick to the Blazers. If the Nets are unable to get the Blazers to agree to a sign-and-trade, Abdur-Rahim has agreed to sign with the Nets for their mid-level exception at five years for about $28 million, according to the team source. So, either way, it looks like the Nets will get their hands on Abdur-Rahim. Vegas oddsmakers and online bookmakers may be slow to react since their focus this time of year is on other sporting events, not the NBA.
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