Nets sign guard C.J. Watson

The Nets have signed another piece for their backcourt. They added guard C.J. Watson, the team announced -- though terms were not disclosed.

In 49 games with the Chicago Bulls last season, Watson averaged 9.7 points per game and a career-high 4.1 assists.

Watson was an undrafted free agent out of Tennessee in 2006 before latching on with the Golden State Warriors. He played significant minutes last season due to injuries to Derrick Rose. He averaged 11.3 points and 4.6 assists in 29.2 minutes per game in 25 starts.

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The Lakers are at $31.6

The Lakers are at $31.6 million followed by three additional teams with eight-figure tax looming: the Miami HEAT, Brooklyn Nets and New York Knicks. The Memphis Grizzlies, Chicago Bulls and Boston Celtics are all moderate tax payers as well.

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