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.

Ios_download En_app_rgb_wo_45

Top 10 matchups for Week 12 of the NFL season

Tyrann Mathieu says Blaine Gabbert has a ‘better grip on what’s going on’

NCAA frees Kansas blue chipper Cheick Diallo

Rockets hold in-season training camp in attempt to rebound from disastrous start

Kansas City Chiefs: No Jamaal Charles, no problem

How the Warriors can win 72 games


Frank Gifford suffered from CTE, family announces

Syracuse basketball gets one scholarship per year back

LeBron James says his back feels better than it did a year ago

Sean Payton on firing Rob Ryan: Status quo ‘would be madness’

Report: Blue Jackets listening to offers for Ryan Johansen

Report: Greg Hardy cancels club event after 'catching heat'

5 outrageous predictions for Week 12 of the NFL season

How the Detroit Lions became the face of football on Thanksgiving Day

The 10 most disappointed fan bases of the 2015 college football season

Jimmy Butler wants Mason Plumlee to pay his $2,500 fine

Jose Bautista's bat flip inspires a holiday sweater

The Kristaps Porzingis comparison project

What’s next for Johnny Manziel and the Cleveland Browns?

Gisele Bundchen asks Tom Brady ‘all the time’ why he still plays football

Highlighting the biggest NFL games of Week 12

Greg Olsen calls Jason Witten 'the epitome of a pro'

Are Sidney Crosby and Mario Lemieux growing apart?

Stop sleeping on Giannis Antetokounmpo

Worst-case scenarios for end of college football season

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.
Get it now!
Ios_download En_app_rgb_wo_45

Top 10 matchups for Week 12 of the NFL season

The 10 most disappointed fan bases of the 2015 CFB season

Gronk: Takes mental toughness not to overeat on Thanksgiving

Blue Jays fans create website in effort to keep David Price

The five most overrated teams in the Week 13 coaches' poll

10 storylines for Week 13 of the college football season

Ranking the 10 best games of 2015 college football rivalry week

Examining the Mavericks' hot start

Johnny Bench(ed): Manziel demoted to third string

Mike Trout, four years in

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker