Caris LeVert can’t help but be excited for the start of next season, especially since he just signed a new contract to stay with the Brooklyn Nets.
LeVert agreed on a three-year, $52.5 million extension which will kick in at the start of the 2020-21 season. He is locked with the Nets until 2022-23 and will become a free agent alongside Kevin Durant, Kyrie Irving and DeAndre Jordan.
After news of the extension was reported, LeVert immediately took it to Twitter to show his reaction.
No better feeling to start off Year 25. Brooklyn, I can’t wait for what’s next. pic.twitter.com/AyDj4yDqx4
— Caris LeVert (@CarisLeVert) August 26, 2019
The Nets made a good move by signing LeVert now as opposed to waiting for him to become a restricted free agent next season. With Durant, Irving and Jordan eating up most of Brooklyn’s cap space, giving the 25-year-old an even bigger contract would’ve caused Brooklyn to be closer to the luxury tax threshold.
LeVert’s deal will prevent the Nets from worrying about other teams potentially offering him a bigger contract next season. Although he would’ve been a restricted free agent, Brooklyn probably didn’t want to risk the idea of a team giving him a deal worth $20 million or more annually.
LeVert has the potential to be an All-Star in the league, so locking him up for the next five years ensures the Nets that they have a cornerstone for their future. Brooklyn won in free agency, and they continue winning this offseason.