Bontemps/Windhorst’s Latest: Nets, Sixers, Zion, Wizards, Raptors

The Nets project to have significantly more cap room than any other NBA team this offseason — they’re in position to open up more than $60MM in space. However, they’re unlikely to take the same approach as last year’s top cap-room team, Philadelphia, which spent big on win-now free agents.

As Brian Windhorst of ESPN writes in an Insider-only article, the Nets signaled when they reacquired control of both their 2025 and 2026 first-round picks that they might require at least a two-year rebuild. Some rival teams believe Brooklyn will end up rolling much of its 2025 cap room over to the 2026 offseason, according to Windhorst.

“They’re going to use it in trade because they’re not going to have anyone to pay in this free agent market,” one executive said of the Nets’ cap space. “They could end up right back in this spot next year.”

Here are a few more items of interest from Windhorst and his ESPN colleague Tim Bontemps:

  • While the hope in Philadelphia is that better health luck next season will result in a bounce-back year for the Sixers, there’s still no update on what the treatment plan for Joel Embiid is and no assurances that he’ll be back to 100% in 2025/26, as Windhorst and Bontemps note. “Until they know what is happening with Embiid, there is no way to project what they will be next year,” a league executive told ESPN. “They will have a hard time changing that roster.”
  • The Pelicans are just 9-19 in games that Zion Williamson has played this season and project to have an expensive roster next season, so even though Williamson has been healthy and performed well as of late, rivals continue to wonder if he’ll end up on the trade block, Windhorst writes. “The question about the Pelicans is whether they would consider trading Zion,” a rival general manager told ESPN. “It hasn’t really been an option over the last couple of years because he’s been injured, and his value hasn’t been high enough. Even now, I don’t think they could get great value. So they will probably see if he can carry this play over into next year.”
  • Multiple executives who spoke to Bontemps lauded the Wizards for their work at the trade deadline, including bringing in veterans like Khris Middleton and Marcus Smart while taking a flier on 2024 first-rounder AJ Johnson. “I like what they are doing,” an executive said. “They’re doing things the right way.” Conversely, there’s some skepticism around the league about the way in which the Raptors – who traded a first-round pick as part of a package for Brandon Ingram – are attempting to accelerate their rebuild, says Bontemps. “I don’t like what Toronto is doing,” one exec told ESPN. “Trying to flip it quick is dangerous.”
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