Originally posted on Pro Sports Daily  |  Last updated 7/11/12

The Brooklyn Nets are near a four-year, $58 million contract extension with center Brook Lopez, the maximum amount any other team could offer Lopez as a restricted free agent.

The two sides, according to multiple reports, are negotiating a possible fifth year that would bring the final terms of the deal to five years, $78 million. Only the first four years are guaranteed.

The Nets would be retaining Lopez and not using him as a sign-and-trade chip to land Magic center Dwight Howard.

The Nets were thought to be very open to keeping Lopez as part of the core of the team despite the recent aggressive run at Howard, a five-time All-NBA center, but were wary of health concerns that dogged Lopez last season.

Until the deal is officially signed, a remote chance remained that Charlotte or Portland, which offered Pacers center Roy Hibbert a four-year, $58 million restricted free agent offer, could swoop in and complicate matters.

There's also an outside chance the Nets and Magic will come together on a two-team deal centered around Howard.

General manager Billy King continued dialogue with the Magic on Wednesday. ESPN reported King informed Lopez he would either be signed to remain with the team or dealt, but the Nets plan is to resolve his status Wednesday.

Lopez, a 24-year-old 7-footer drafted 10th overall in the 2008 draft, missed the first 32 games last season with a fractured right foot. He was injured in the final preseason game and had surgery Dec. 23.

He played five games, averaging 19.2 points and 3.6 rebounds, before he sprained his right ankle against the Charlotte Bobcats and was shut down for the rest of the season.

Lopez played all 82 games in his first three seasons and has career averages of 17.4 points, 7.5 rebounds and 1.6 blocks per game.

He's the one player the Magic would demand in return if the Nets can pull off a deal for center Dwight Howard. Any such swap faces significant hurdles, primarily because the Magic prefers a deal that brings back minimal salary commitments to unload Howard.

Howard is in the final year of his contract and said in June that he won't sign a long-term deal unless he's traded to Brooklyn.

Because Lopez was injured last season, a proposed three-team trade with the Magic was put on the shelf, as was a new contract with the Nets.

The Nets extended a one-year, $4.2 million qualifying offer to Lopez as a restricted free agent rather than negotiate a long-term deal before the Jan. 25 extension deadline last season.

If the two sides don't agree to a new deal, Lopez can become an unrestricted free agent in July 2013.

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Twitter, Facebook report engagement decline during Super Bowl

Steve Spurrier becomes special assistant to South Carolina AD

Brent Musberger wants you to bet on Joe Lunardi’s bracketology

Unranked Duke uses big first half to beat No.13 Louisville

MLB reportedly close to rule preventing collisions at second base

USOC says athletes concern about Zika shouldn't attend Games

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Von Miller shares support for embattled Johnny Manziel

The Panthers had to use a silent snap count at the Super Bowl

Report: Lakers would fire Byron Scott to hire Luke Walton

Was Alain Vigneault right about NHL's lack of punishment towards Wayne Simmonds?

Seahawks’ Frank Clark rips Cam Newton ‘that boy a b—‘

Report: Tom Thibodeau has 'always wanted' Knicks job

Daniel Bryan says goodbye to WWE during teary retirement speech

Paul George delivers great line about driving by Kobe Bryant

WATCH: Oklahoma beats Texas on Buddy Hield's 3-pointer

Andre Drummond hits 70-foot buzzer beater to end 3rd quarter

Duke's Allen appears to intentionally trip Louisville's Spaulding

Candidates for New York Knicks head coaching job

Attorney alleges Johnny Manziel ruptured ex-girlfriend's eardrum

Jeanie Buss may clean house in Lakers’ front office

Lisa Ann wants to reward Emmanuel Sanders for Super Bowl win

WWE Superstar Daniel Bryan to announce retirement

Nine best and worst players from 2015 NFL playoffs

Rodman wants Phil Jackson to know he’s ready to coach Knicks

Wade Phillips trolls Cam Newton with dabbing tweet

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Was Alain Vigneault right about NHL's lack of punishment towards Wayne Simmonds?

Report: Knicks fire coach Derek Fisher

The best and worst commercials from Super Bowl 50

Best and worst from Super Bowl 50

Six best plays from Super Bowl 50

Eli doesn't look thrilled as Peyton wins Super Bowl

Did Beyonce almost fall down during Super Bowl halftime show?

Curry to serve as drummer for Panthers

Report: Marshawn Lynch plans to retire

The 14 biggest plays in Super Bowl history

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker