Well, the Nets lost out on the big-time free-agents. However, a new era of Net basketball will start on Thursday afternoon. Ex-Philadelphia 76ers General Manager, Billy King, will assume Rod Thorne’s vacated executive role with the team.

King was the Sixers’ GM from 1997-2007. He led the Sixers to the NBA Finals in 2001. King had a very close relationship with Allen Iverson and sources say King may bring Iverson aboard.

However, with the recent signing of point guard, Jordan Farmer, the Iverson rumors aren’t as strong. Farmer, who averaged 7.2 PPG and 1.5 APG with the Lakers last season, will back-up Devin Harris at point guard. Given Harris’ injury troubles, Farmar will likely see an expanded role with the Nets.

The Nets concluded their busy week by agreeing to a sign-and-trade with the Golden State Warriors for Anthony Morrow. The Nets inked morrow to a three-year, $12 million dollar contract and sent a second round pick back to Golden State. Morrow averaged 13 points per game last year and nailed 46% of his three-pointers.  Morrow led the NBA in 2008 with his efficient three-point shooting.