The Nets have signed veteran shooting guard Wayne Ellington to a one-year deal, the team announced in a press release. The New York Post‘s Tim Bontemps reports that the deal is for $1.5 million, coming out of Brooklyn’s taxpayer midlevel exception:
Wayne Ellington's deal for this year is for $1.5 million, according to league sources. Nets used most of the remainder of their mini MLE.
— Tim Bontemps (@TimBontemps) July 9, 2015
The Nets don’t have much more room to make moves after re-signing Brook Lopez and Thaddeus Young to huge deals, but they’ve done a nice job adding ancillary pieces for cheap. Ellington is a career 38.2 percent three-point shooter, and the Nets don’t have much outside shooting, so this is a good fit.
