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Neto is gone.

So Neto's salary for this upcoming year is/was supposed to be $2,150,000. If he cleared waivers, the most we could offer him on a minimum would be $1,882,867, which is a $267,133 difference, or a 12% reduction. I suppose you could offer a second year. He could choose Europe. But if someone else in the league wanted him, it would make more sense to grab him off waivers since the difference is pretty small, so I'd assume he wouldn't have other offers, unless someone is offering an unguaranteed minimum.
 
We would have kept him if we could, but at $2.15M, he's too expensive when we need that space for Conley. Maybe Wright-Foreman makes the active roster.
If the Jazz have to cut $2.15M from their salary budget to make room for Conley, then I don't expect any more signings until after July 6th.
 
According to Salt City Hoops, if we do the Favors trade and Bogdanovic signing before the Conley trade, we could keep Neto.
 
According to Salt City Hoops, if we do the Favors trade and Bogdanovic signing before the Conley trade, we could keep Neto.
Too late. He's already officially been waived.
 
So, two things here.

SLC hoops doesn't have the contracts or official numbers. They could be wrong.

If they are right, then it means Utah just doesn't want to bring Neto back. They didn't just make a mistake on the financials.
 
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