Tuesday , Jul , 29 , 2008 C.Y. Ellis

Nenad Krstic Signs with Triumph Moscow


New Jersey Nets free agent Nenad Krstic signed a two year deal worth $3 million euros per year with Triumph Moscow early Tuesday morning, Krstic’s agent, Marc Cornstein, said.

The salary is the equivalent of 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.

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 as the midnight deadline passed, Krstic became the sixth NBA player to recently bolt the league for Europe.

"At the end of the day, Triumph offered him the most love," Cornstein told ESPN.com. "This was too good of a deal to pass up for him."

http://sports.espn.go.com/nba/news/story?id=3508955