Thursday , Aug , 05 , 2004 C.Y. Ellis

Jefferson reaches deal with Nets

East Rutherford, NJ (Sports Network) – The New Jersey Nets and forward Richard
Jefferson have reached an agreement in principle on a multi-year contract. As
per team policy, financial terms were not disclosed.

Jefferson is currently playing for Team USA in preparation for the upcoming
Olympics in Athens, Greece. In 82 regular-season games last season, Jefferson
averaged 18.5 points, 5.7 rebounds and 3.8 assists per contest.

“Richard’s work ethic over the past three years has produced a significant
development in his basketball performance,” Nets CEO Rod Thorn said. “The Nets
management feels very strongly that Richard will continue this upward spiral
and be a cornerstone of this franchise, and we are very pleased that he will
continue his basketball career past his current contract with the New Jersey
Nets.”

The 24-year-old Arizona product was selected in the first round (13th overall)
of the 2001 draft by the Houston Rockets. New Jersey then acquired Jefferson
on June 27, 2001 from Houston as part of a four-player trade.

Jefferson has career stats of 14.5 points, 5.3 boards and 2.7 assists.

NJN