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Nets Exercise Options On Boone, Yi And Williams
Boone, Williams and Yi are now signed through the 2009-10 season. Per team policy, terms of the agreements were not released. Boone was selected by New Jersey with the 23rd pick in the first round of the 2006 NBA Draft. The third year center has appeared in 131 games in his first two seasons with the Nets, averaging 6.3 points and 5.2 rebounds while shooting .557 (337-of-605) from the field in 18.6 minutes. Sean Williams, drafted 17th overall in the first round of the 2007 NBA Draft by New Jersey, appeared in 73 games as a rookie. He tallied 5.6 points on .538 (164-305) shooting, 4.4 rebounds and 1.5 blocks in 17.5 minutes. His 106 blocks on the season marked the second highest block total for a Nets rookie in team history, trailing only Kenyon Martin’s 113 blocks during the 2000-01 season. Williams was selected to the 2008 Rookie All-Star team and recorded eight points and 10 rebounds in the Rookie-Sophomore Challenge at NBA All-Star Weekend in New Orleans. Yi was selected with the sixth pick in the first round of the 2007 NBA Draft by Milwaukee. He was traded to New Jersey, along with Bobby Simmons, for Richard Jefferson on June 26, 2008. In 66 games with Milwaukee, Yi averaged of 8.6 points and 5.2 rebounds in 25 minutes. Yi is a member of the Chinese National Team which competed in the 2008 Olympics in Beijing and 2004 games in Athens. Ager was selected by the Dallas Mavericks in the first round, 28th overall, of the 2006 NBA Draft. He was acquired by the Nets along with Devin Harris, Trenton Hassell, DeSagana Diop and Keith Van Horn, along with Dallas’ first round draft picks in 2008 and 2010 and cash considerations from the Mavericks in exchange for Jason Kidd, Antoine Wright and Malik Allen on February 19, 2008. In his first two NBA season, Ager played in 58 games with Dallas and New Jersey, averaging 2.1 points and 0.6 rebounds in 6.5 minutes. Read the Full Story Discuss Send Feedback Buy Tickets Nets' Ratner Denies Talks With InvestorsNets' owner Bruce Ratner has denied a report that he has had discussions with potential investors in Russia and Dubai about becoming sources of cash for the team and the Atlantic Yards project planned in Brooklyn. Yahoo Sports, citing two unnamed sources, reported Wednesday that Ratner has spoken with separate investor groups that want to buy the team and take over the project. "Bruce Ratner has had absolutely no discussions with anyone from Dubai or Russia," said Howard Rubenstein, a spokesman for Ratner. "NBA teams receive overtures all the time from abroad as well as the U.S. We have a large project, and we are happy to talk to those potential investors." Read the Full Story Discuss Send Feedback Buy Tickets Ratner Explored Nets SaleAccording to a report published by the New York Daily News, Nets owner Bruce Ratner met with a group of investors within the past year about possibly selling control of the basketball operations. The deal would not have included the Atlantic Yards project, which will be the Nets' new home base in Brooklyn. According to the report, one of the investors said that Ratner met with investors because the Nets were "hemorrhaging dollars." "He was looking for equity," the investor said of the deal that is no longer on the table. "But now is not the time to sell a sports team, as the Cubs found out. Now, people are holding onto their cash." The Nets have been losing from $20 million to $25 million annually for several seasons, according to a league source, who projects similar losses this season. Read the Full Story Discuss Send Feedback Buy Tickets Nets Oct 2008 Archive
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The New Jersey Nets have exercised a fourth year contract option on Josh Boone and third year contract options on Sean Williams and Yi Jianlian while declining to pick up the fourth year contract option on Maurice Ager, Nets President Rod Thorn announced today.