Kris Humphries and the New Jersey Nets are finalizing a one-year contract that will pay him between $7 million-$8 million, league sources told Yahoo! Sports.
Humphries is expected to sign the contract Tuesday and be in uniform for Wednesday’s preseason game against the New York Knicks, sources said. He took his physical in New Jersey Tuesday.
via Adrian Wojnarowski, Yahoo! Sports — Kris Humphries to stay with Nets
A one-year deal for Humphries in the $7-8 million range is nearly ideal for the Nets, as it maintains cap flexibility and forces him to prove that last season wasn’t a fluke. With a dearth of talent at the power forward position, Humphries fills that need immediately, if only temporarily.
This deal also officially puts the Nets above the 80% salary floor.