Former Kentucky Wildcat Nerlens Noel reportedly down $66 million after signing new contract

According to ESPN’s Adrian Wojnarowski, former Kentucky big Nerlens Noel took a big hit this offseason.

Per Woj, Noel has agreed to a $4.1 million qualifying offer to stay with the Dallas Mavericks. However, Noel reportedly was offered a 4-year, $70 million deal when free agency began on July 1. He declined and then saw his market dry up over the last few months.

Last summer, NBA teams recklessly spent their cap space on big, long-term deals for players of all positions. But this summer, with significantly less cap space across the league and the looming free agency of LeBron James, Paul George and others, teams were much more responsible with their money. Noel was one of several players hurt by the lack of cap space across the NBA this offseason.

The former Kentucky star averaged 8.7 points and 5.8 rebounds per game last season.

Noel will have a chance at signing a bigger, longer deal next offseason.

The post Former Kentucky Wildcat Nerlens Noel reportedly down $66 million after signing new contract appeared first on SEC Country.

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