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Kris Humphries resigns with the NETS! It was announced earlier today that Kris and the Nets agreed to a 2-year, $24 million deal. Kris tweeted “I’m up at Brooklyn! @S_C_ ” lucky I didn’t have Jay drop me from the team” lol!

Mocking Kanye West verse on Way Too Cold where Kanye raps:

And the whole industry wanna fuck yo’ old chick
Only nigga I got respect for is Wiz
And I’ll admit, I fell in love with Kim
‘Round the same time she had fell in love wit’ him
Well, that’s cool, baby girl, do ya thing
Lucky I ain’t have Jay drop ‘im from the team
La familia, Roc Nation

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According to Hangtime.com

Brooklyn owner Mikhail Prokhorov is a billionaire and one of the world’s richest men, but his outlay this month has been stunning, even in the max contract world of the NBA. Prokhorov has okayed a $98 million contract for Williams, assuring the Nets would retain their franchise player; a $60 million extension for Lopez, a $40 million extension for Wallace, $24 million for Humphries, the aforementioned $89 million for Johnson, $9.5 million for European forward Mirza Teletovic, $5 million for free-agent forward Reggie Evans (acquired in a sign-and-trade with the Clippers), and $2.5 million for free agent guard C.J. Watson. Including a veteran minimum deal for guard Jerry Stackhouse, the Nets have committed somewhere in the neighborhood of $330 million in new deals since the start of the free agent period July 1.

The Nets were players for Orlando’s Dwight Howard for the last year, with Howard insisting Brooklyn was the only place to where he wanted to be traded or sign a contract extension. But after re-signing Lopez, who was expected to be the centerpiece of any trade offer the Nets made to Orlando for Howard, Brooklyn will have to wait months to be able to make a pitch. The Nets cannot trade Lopez under the rules of the new collective bargaining agreement until Jan. 15. The Magic have been talking to other teams about Howard in the interim, with the Rockets aggressively pursuing Howard even though he’s said he wouldn’t re-sign in Houston if traded there.