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Nets Sign Carter to 4-Year Deal

All Star will stay in Jersey for $61.8 mil after backing out of original contract

By Joseph Fasano, Newser User

Posted Jul 2, 2007 8:00 AM CDT

(Newser) – The New Jersey Nets have re-signed All-Star Vince Carter to a $61.8 million, 4-year contract. The deal was anonymously reported yesterday, following an announcement that Carter had decided to opt out of his previous agreement with the organization—the new terms allow the Nets to extend by one year after the 2010-11 season.

Though Carter had several conspicuous miscues during last year's postseason, he averaged 22.3 points per game—25.2 in regular season play. The deal was not unexpected, and there is speculation that the Nets will re-sign center Mikki Moore as well, whose .609 field goal percentage was the best in the NBA last year.

[Images (3)]

[Videos (1)]

New Jersey Nets' Vince Carter reacts after dunking the ball against the Cleveland Cavaliers during the fourth quarter of Game 3 of the NBA Eastern conference semifinal basketball game in this May 12,... (Associated Press)

New Jersey Nets' Vince Carter smiles as he talks to the media Monday, May 21, 2007 in East Rutherford, N.J. (AP Photo/Bill Kostroun) (Associated Press)

New Jersey Nets' Vince Carter, right, celebrates with Hassan Adams during the third quarter of Game 6 NBA Eastern conference semi-final basketball against the Cleveland Cavaliers Friday night, May 18,... (Associated Press)

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Nets Sign Carter to 4-Year Deal