Sunday , Jul , 01 , 2007 Oly Sandor

Vince Carter Inks 4 year, $62 Million Contract With New Jersey Nets

Carter is officially back with the New Jersey Nets … The opt-out procedure was a formality and the star has signed a long-term pact with the club … Now that Carter has re-signed, will the Nets continue to shop Jefferson for a low-post presence? … Click here for news and analysis …

ESPN news services reports that Vince Carter has agreed to terms on a new contract with the New Jersey Nets:

Vince Carter apparently is keeping Vinsanity in New Jersey.

The Newark Star Ledger is reporting that Carter, who opted out of the final year of his contract which called for a $16.3 million salary next season, has agreed to a four-year, $61.8 million contract with the Nets. The contract with the team holds an option for a fifth year.

The deal will not be official until July 11 when free-agent deals can be signed.

My Quick Take: HoopsVibe The Blog has covered this topic before. We expected to re-sign with the .

A few months ago, some reports had surfaced that Carter wanted to sign with Charlotte or Orlando, so he could be closer to his daughter. His child currently lives in Florida with Carter’s ex-wife.

These reports turned out to be completely false. New Jersey made the most sense. Carter and the organization are comfortable with each other. And the Nets could offer him the most money.

Simply put, V.C. and New Jersey decided to stick together for another four years.

Collateral Damage: Richard Jefferson. With Carter on the perimeter, the Nets feel is expendable and will continue to shop him in hopes of landing a post player.

For example, last week, New Jersey offered Jefferson and Nenad Krstic to Indiana for Jermaine O’Neal. The two sides agreed to talk later in the summer. So look for The Big Three to possibly change in Brick City.

Personally, I disagree with the Nets’ thinking. I like Jefferson’s game. His all-round style complements Carter and .

New Jersey would be better off keeping The Big Three and adding a complementary center through free agency, the draft, or a trade.

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