The Nets were able to absorb the Kenneth Faried and Darrell Arthur contract because of the $1.5M free agent cap hold of Joe Harris. The trade would not have worked had Brooklyn signed signed Harris to his $8M cap hit once the moratorium was lifted. Brooklyn still has $2.6M in cap space available with 14 players under contract. The Nets can exceed the cap to sign Harris because of the early bird exception.The $4.4M room midlevel exception is reserved for Ed Davis.