10:19am: The Nets have officially signed Luwawu-Cabarrot, according to a press release from the team.
9:33am: The Nets are signing wing Timothe Luwawu-Cabarrot to a multiyear contract, according to his agent Misko Raznatovic (Twitter link). Brooklyn had an open spot on its 15-man roster, so no corresponding move will be required to complete the deal.
Luwawu-Cabarrot, who inked a two-way contract with Brooklyn in October, was waived last month so the Nets could sign a new two-way player (Jeremiah Martin) who would have a fresh allotment of allowable NBA days. However, the club immediately brought back TLC on a pair of 10-day deals. The second of those contracts expired earlier this week, and now that the trade deadline has come and gone without the Nets needing to use that open roster spot, they’ll bring Luwawu-Cabarrot back into the fold.
A first-round pick in 2016, Luwawu-Cabarrot has bounced around the league in his four NBA seasons, playing for the Sixers, Thunder, and Bulls before arriving in Brooklyn. In 25 games (15.3 MPG) for the Nets this season, he has averaged 5.2 PPG and 2.1 RPG with a solid .448/.431/.767 shooting line.
While Raznatovic didn’t specify the terms on Luwawu-Cabarrot’s new contract, it figures to be a two-year, minimum-salary deal, given Brooklyn’s cap limitations. Next season is unlikely to be fully guaranteed.
Good to see TLC getting money. I miss him from his Philly days… Would rather see him on the bench than a lot of guys we currently have… I might be the only one thinking this and also I’m biased because I’m not looking at stats and need I’m looking at sentimentality.