The Brooklyn Nets completed their third trade of the summer yesterday with the acquisition of Haywood Highsmith from the Miami Heat. The Nets also picked up a 2032 second-round pick from the Heat while sending a 2026 pick back to the Heat.

In other words: The Brooklyn Nets don’t appear to be panicking, and though their offers will start at much lower numbers than CT’s, they have all the leverage. Even non-apron teams can only offer Thomas the midlevel exception, which can run for a maximum of four years starting at $14.1 million with 5% annual raises.