Nets Rumors

Grizzlies Trade Ziaire Williams, Second-Rounder To Nets For Diakite

1:54pm: The trade is now official, the Grizzlies announced in a press release (Twitter link).


12:25pm: The Grizzlies have agreed to a trade that will send Ziaire Williams and a 2030 second-round pick (via Dallas) to the Nets for Mamadi Diakite and the draft rights to Nemanja Dangubic, sources tell ESPN’s Adrian Wojnarowski.

It’s essentially a salary dump for Memphis, which had been looking to move Williams due to the team’s financial situation. The 22-year-old will earn $6.13MM in 2024/25, which is the final season of his rookie scale contract. The Grizzlies will generate a trade exception worth that amount.

After the transaction is complete, the Grizzlies project to be about $10MM below the luxury tax line and $14MM beneath the first apron, tweets ESPN’s Bobby Marks. The Nets will acquire Williams using one of their outstanding trade exceptions, Marks notes. It’ll likely be the one worth $9.5MM from sending Royce O’Neale to Phoenix in February.

According to Damichael Cole of The Memphis Commercial Appeal (Twitter link), the Grizzlies are likely to use their new cap flexibility to re-sign veteran sharpshooter Luke Kennard, who remains an unrestricted free agent. Wojnarowski confirms Memphis is working to bring back Kennard.

As for the rebuilding Nets, they’ll be taking a low-risk flyer on a former top prospect in Williams, who was selected 10th overall in the 2021 draft. And as a sweetener for taking on his salary, they’ll also add a future second-round pick.

Williams has averaged 7.5 points and 2.6 rebounds per game on .426/.301/.803 shooting over the past three seasons with Memphis (150 games; 20.4 minutes per contest). He’s eligible for a rookie scale extension until the day before the 2024/25 season begins; if no deal is reached, he’ll be eligible for restricted free agency in 2025.

Diakite, a forward/center who was sent from New York to Brooklyn in the Mikal Bridges trade and is now being re-routed to Memphis, could be waived. His salary for next season is only partially guaranteed for $1.39MM, and Cole recently reported that the Grizzlies want to keep an open roster spot entering the regular season; re-adding Kennard and retaining Diakite would push their standard roster count up to 15 players.

Diakite, 27, has bounced around the NBA over the course of his four seasons, suiting up for the Bucks, Thunder, Cavs, Spurs and Knicks. Overall, the Guinea native has appeared in 55 regular season games, with career averages of 3.1 points and 2.3 rebounds in 9.6 minutes.

And-Ones: Flopping, Tiebreakers, Gill, Aprons, Team USA, Durant

The NBA’s Board of Governors voted this week to make the in-game flopping penalty a permanent part of the league rules, according to a press release. The rule, which charges the offending player with a non-unsportsmanlike technical foul and gives the opposing team a free throw attempt, was adopted ahead of the 2023/24 season on a one-year trial basis and will remain in place going forward.

The Board of Governors also approved a tweak to the tiebreaker rules for the NBA Cup (in-season tournament), removing overtime scoring for the purposes of the point differential and total points scored tiebreakers.

There were scenarios last season in which it would have benefited the winning team to play for overtime – where it could build a bigger margin of victory – rather than trying to win in regulation by a smaller margin. That won’t be the case under the new rules, as an NBA Cup group-stage game that goes to overtime will result in a point differential of zero for both teams, regardless of how the extra period plays out.

Here are a few more odds and ends from around the basketball world:

  • Anthony Gill is drawing interest from a pair of EuroLeague teams, according to Alessandro Maggi of Sportando, who says that Barcelona and Anadolu Efes are eyeing the veteran free agent forward. Gill has spent the past four seasons with the Wizards, appearing in 179 regular season games during that time, almost exclusively as a reserve.
  • Jake Fischer of Yahoo Sports takes a closer look at how the NBA’s new tax apron rules are impacting teams’ decisions this offseason, suggesting that players whose contracts are heavy on unlikely incentives may become harder to trade going forward. Wizards guard Jordan Poole, Heat guard Tyler Herro, and Nets forward Cameron Johnson are a few of those players, Fischer writes — their deals each include between $2.5MM and $4.25MM in annual incentives. Whether or not they’re earned, those incentives are counted when determining where a team is operating relative to the aprons.
  • ESPN’s Brian Windhorst recaps Team USA’s Wednesday win over Serbia, while Joe Vardon of The Athletic provides a handful of takeaways from the squad’s time in Abu Dhabi, which also included an exhibition victory over Australia. Kevin Durant (calf strain) didn’t practice with the club in Abu Dhabi, but is hoping to get on the court in London during Team USA’s final stop before heading to Paris, Vardon writes. The U.S. will face South Sudan on Saturday and Germany on Monday in its last pre-Olympic tune-up games.
  • The Clippers sent $4.3MM to the Jazz in the Russell Westbrook/Kris Dunn trade, according to ESPN’s Adrian Wojnarowski (Twitter link), more than covering Westbrook’s $4.03MM salary for the 2024/25 season.

New York Notes: Thomas, K. Johnson, Kolek, Thibodeau, Knicks

In an interview with Michael Scotto of HoopsHype, Nets guard Cam Thomas said he’s been impressed with new head coach Jordi Fernandez so far. Fernandez is currently with the Canadian national team as it prepares for the Olympics in Paris later this month.

It’s been good,” Thomas said of adjusting to Fernandez. “He’s very smart. He’s very detailed. I think he’ll be good for our young team. I think we’re going the young route, so that’ll be good for us because he’s all about the details and pushes us to be great. I can’t wait to actually get to work with him.”

Thomas also discussed a number of other topics, including his contract situation. The 22-year-old, who led the team in scoring in 2023/24, is eligible for a rookie scale extension until the day before the 2024/25 regular season begins. He would be eligible for restricted free agency in 2025 if a deal isn’t reached.

You definitely think about it, but it’s not something I’m pushing for,” Thomas told Scotto. “Whatever happens with the organization happens. I can’t control that. The only thing I can control is going out there and playing the best basketball I can play. Whatever happens will happen. I’m not really pressed on it. … I want to keep improving my game to get ready for next season.”

On a related note, Thomas recently switched agents and is now represented by Alex Saratsis, according to Brian Lewis of The New York Post. Saratsis’ agency, Octagon, announced the addition of Thomas to its client list earlier this month.

Here’s more from the NBA’s two New York-based teams:

  • Lewis’ story is primarily focused on former first-round pick Keon Johnson, who finished last season on a two-way deal with the Nets. An unrestricted free agent who is still just 22 years old, Johnson has impressed with his defense, improved shot and decision-making in Summer League action, per Lewis. The Nets have one standard roster spot and a pair of two-way openings available, and Johnson thinks his play can translate to real NBA minutes. “I mean, I feel like everything that I’m doing out there is completely translated to what I would be doing on the main court, as far as playing defense, spacing the court and making open shots,” Johnson said. “And then whenever I do have the ball in my hands, just making simple reads. I feel like every day in Summer League I’ve kind of been showing that, and hopefully after Summer League, I’ll be able to do the same thing.”
  • Knicks rookie guard Tyler Kolek isn’t lacking for confidence, writes Stefan Bondy of The New York Post (subscription required). The former Marquette star, who was a second-round pick last month (34th overall), has impressed during Summer League action. “I wouldn’t say I’m surprised [how well I’m playing],” Kolek said. “All the work that I’ve put in has gotten me to this point. I’ve been in a lot of games in college. I’m not some first-year rookie that’s just come in playing 10, 12, 15 games in college, maybe only averaged 20 minutes a game. I’ve played a lot of games and I’m really comfortable on the basketball court.”
  • In the same story, Bondy says there’s still an expectation that Knicks head coach Tom Thibodeau will sign a contract extension. Bondy is surprised a deal has yet to be reached, though he acknowledges New York has had a very busy offseason so far.
  • Fred Katz of The Athletic takes a look at the Knicks‘ roster following the signing of Cameron Payne, writing that the team now has one of the deepest pool of guards in the league. According to Katz, the Knicks view Miles McBride as more of a two than a one, which is why they added Kolek and Payne. Like Bondy, Katz has also heard from sources that Thibodeau is “more likely to extend than not.” Katz also examines Precious Achiuwa‘s free agency, suggesting that a reunion is still possible, but it may behoove both sides to wait and see if any sign-and-trade opportunities arise.

New York Notes: Jokubaitis, Randle, Wilson, DSJ, Walker, Howard

Rokas Jokubaitis has been a Summer League standout, but the Knicks don’t seem to have a roster spot for another guard, writes Steve Popper of Newsday. Jokubaitis turned in an impressive performance on Wednesday, making all seven of his shots from the field while finishing with 16 points, five assists, two steals and a block in a narrow win over Sacramento.

A second-round pick in the 2021 draft, Jokubaitis is under contract with Barcelona, but Popper notes that it might be tough for him to get playing time there in a backcourt that features Ricky Rubio and Juan Nunez. He may have the option to join Zalgiris in his native Lithuania, according to Popper, or the Knicks could send his draft rights to another NBA team as part of a trade.

There’s more on the New York City teams:

  • Julius Randle‘s recovery from shoulder surgery is going “incredibly well” and he’s looking forward to being part of the Knicks‘ revamped roster following the trade for Mikal Bridges, Ian Begley of SNY states in a mailbag column. On August 3, Randle will become eligible for an extension of up to four years and $181.5MM, but Begley hears that negotiations on a new deal “aren’t at the forefront” for either Randle or the team.
  • Jalen Wilson looks like a veteran in his second Summer League experience, per Brian Lewis of The New York Post. The 2023 second-round pick has been a team leader for the Nets, scoring 27 points and finishing plus-19 in Tuesday’s comeback victory over the Knicks. “It’s fresh as a rookie; you don’t know really what to expect. But now this is my second year coming back,” Wilson said. “It’s just fun. You get to see things, get to experience having a chance to win it. That’s the thing that drives a guy, especially when it’s our second time doing it.”
  • Dennis Smith Jr. has been cheering for the Nets in Las Vegas, but sources tell Collin Helwig of NetsDaily that the free agent guard is considered “very unlikely” to be back in Brooklyn. Lonnie Walker is also expected to move onto another team, Hellwig adds.
  • Juwan Howard talks to Adam Zagoria of NJ.com about why he decided to join the Nets‘ coaching staff.

Nets Notes: Hayes, Johnson, Marks

The Nets attended a Monday workout in Las Vegas for guard Killian Hayes, Erik Slater of Clutch Points tweets.

Hayes, a 2020 lottery pick, was waived by the Pistons after the trade deadline last season and has remained a free agent. He averaged 6.9 points and 4.9 assists in 42 games last season but shooting woes led to him losing his starting spot before he was cut loose. Hayes has shot 38.2% from the field in his career and 27.7% on 3-point tries.

We have more on the Nets:

  • Cameron Johnson is entering the second year of a four-year, $94.5MM contract. In the wake of the Mikal Bridges trade, Johnson is uncertain about the front office’s plans for him, stating to the New York Post’s Brian Lewis that he’s “still trying to figure it out.” If the Nets retain him, Johnson says he’s excited by the youthful roster. “I think we have a pretty good group in Brooklyn that we can really start to grow something,” he said. “We’ve got a lot of talent in the building. … If I’m staying in Brooklyn, then I’m all-in, excited to play, excited to grow this group, and that’s where my head’s at right now.”
  • Management plans to stay below the tax line until the Nets becomes competitive again. “Us not being in the tax this year was by design,” general manager Sean Marks said, per Lucas Kaplan of NetsDaily.com. “We don’t plan on being in there, and we’ll kept that future flexibility and make sure when it’s the right time, we’ve got an ownership group, like Joe (Tsai), who has shown the capacity to go in and pay tax when we’re competitors, when we’re really gonna contend for a championship. So that in our back pocket is vital, too.”
  • In case you missed it, the Nets made re-signing Nic Claxton a priority this offseason and believe he could become the league’s premier defender. Get the details here.

New York Notes: Finney-Smith, Nets, Johnson, Kolek

Nets forward Dorian Finney-Smith knows he could be dealt this offseason or sometime next season. He’s a productive role player with two years and a little over $30MM remaining on his contract, including a player option for the 2025/26 season. He admits the possiblity is on his mind.

“I’m human. So of course I’ve got family always asking me what’s going on and (stuff) like that,”  he told Brian Lewis of the New York Post (Twitter link). “But I’m just honest. I’m human so I’m going to pay attention a little bit. But I’m wherever my feet are at. And so I’m a Brooklyn Net.”

We have more from the New York teams:

  • Player development is key for the Nets during Summer League play and they displayed some tenacity against Indiana on Friday, rallying from 15 points down to claim a two-point win. “They never quit, down 15, fought as hard as they could. Scrapped, clawed … There’s a lot to clean up, but I’m very happy with with their effort. They never gave in,” Summer League coach Steve Hetzel said, per Lucas Kaplan of NetsDaily.com.
  • Unrestricted free agent Keon Johnson had 16 points and six assists in that game. Johnson had a two-way contract with the Nets last season and is trying to earn another NBA deal, with the Nets or another team. “Right now I’m just really focused on summer league. This is the only opportunity that I know I have right now,” Johnson told Lewis. “So I’m just really focused on playing summer league and just showing what I can do. And hopefully I’ll be here. But just giving myself the best opportunity for my career.”
  • Early second-round pick Tyler Kolek started for the Knicks’ Summer League squad on Saturday and dished out seven assists. The former Marquette floor leader could be a better option as a depth point guard than the remaining free agent options, says Stefan Bondy of the New York Post.

Nets Notes: Claxton, Whitehead, Watford, Fernandez

As they begin the rebuilding process, the Nets made sure to hang onto center Nic Claxton, whom they believe could eventually become the NBA’s best defender, writes Brian Lewis of The New York Post. Before reaching free agency, Claxton agreed to a four-year deal that contains $97MM in guaranteed money. He’ll be part of the roster foundation that Brooklyn will try to build around.

“He was our priority this summer,” new head coach Jordi Fernandez said. “He’s a big part of what we’re trying to do, obviously age-wise and how he’s progressed all these years. And we — me personally, and the organization — believe that he’s still getting much better. [He can win] Defensive Player of the Year. He’s a good play-maker, he can be even a better play-maker. We’re excited about his development. We’re excited that he’s part of the organization for a long time.”

Claxton’s production has steadily increased since he was selected with the 31st pick in the 2019 draft. He averaged a career-high 9.9 rebounds in 71 games last season, along with 11.8 points and 2.1 blocks. He gives the Nets a strong interior presence on both ends of the court as they try to reshape the rest of the roster into a contender.

“It’s great to have homegrown talent here,” general manager Sean Marks said. “Nic fits in a variety [of] different pathways we want to go. He’s young, he’s still scratching the surface here, and I just love his overall approach to him wanting more and more and more development. So now, with some of the changes to our roster, I think we’ll see even more from Nic as we move forward.”

There’s more on the Nets:

  • Dariq Whitehead admitted he had some “rust” during Friday’s Summer League opener, but he felt good being back on the court after undergoing three surgeries in 18 months, Lewis states in a separate story. The 22nd pick in the 2023 draft was limited to two NBA games and four G League contests last season, but he’s feeling fully healthy for the first time since high school. “Just being able to move laterally, just being able to beat someone to the spot, I haven’t been able to do that in a long time. So I’m just taking that as a stepping stone for me just being able to do that. It feels so good just to be out there and be able to move my feet side-to-side laterally again,” Whitehead said. “So just continue to take baby steps and knock the rust off and eventually get going.”
  • Trendon Watford is happy to have some security after accepting a one-year qualifying offer this week, Lewis adds in another piece. Twelve months ago, Watford was searching for an NBA job after being waived by Portland. He signed with the Nets in August and appeared in 63 games, playing his best basketball late in the season when interim coach Kevin Ollie leaned heavily on the team’s younger players. Watford reached double figures in scoring in eight of Brooklyn’s final 11 games.
  • In a subscriber-only story, Lewis looks at how Fernandez is already making an impact on his new team.

New York Notes: Johnson, Hetzel, McCullar, Jokubaitis, Brunson

Keon Johnson played on a two-way contract with the Nets last season and is now an unrestricted free agent. He’s trying to earn another NBA deal while playing on Brooklyn’s Summer League team.

Johnson appeared in five Nets games last season.

“It’s really their interest that they’ve shown to me at the beginning,” Johnson told Brian Lewis of the New York Post. “Brooklyn had interest in me during the draft. They couldn’t get me in the draft, but really just having an organization around me that is hands-on and wants to see me grow. So I feel like with the free agency that I have right now, all I’m focused on is just someone giving me the opportunity to play ball. I feel like everything else will settle itself whenever I step out onto the court. But right now I’m just focused on step [one], being on the court and showing what I can do.”

We have more New York notes:

  • Jordi Fernandez and his Nets coaching staff want to establish their philosophy and approach during the Summer League, according to Brian Lewis of The New York Post. “From our standpoint, as a group, as a coaching staff from Jordi and also the front office, we don’t see our style of play changing necessarily with our roster compared to the summer league,” Summer League coach Steve Hetzel said. “And that’s the importance of summer league is to set a foundation of how we want to play. … We want our Brooklyn Nets team to be disruptive, physical and help, and we want to play fast and share the ball. So the messaging, it will just carry over into that team.”
  • Knicks second round pick Kevin McCullar won’t play in the Summer League, The Athletic’s Fred Katz tweets. The 56th pick of the draft out of Kansas is still rehabbing a knee injury he suffered in his final college season.
  • Rokas Jokubaitis, a 2021 draft pick, is on the Knicks’ Summer League roster but he’s apparently returning to Europe, rather than coming to the Knicks’ training camp. After three years with Barcelona, the draft-and-stash prospect is close to returning to Zalgiris Kaunas in his home country Lithuania, according to Donatas Urbonas of Basket News.
  • Jalen Brunson‘s extension includes a 15% trade kicker, Katz tweets. The Knicks star guard signed the four-year extension on Friday.

Groups Revealed For 2024 NBA Cup

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

  • West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
  • West Group B: Thunder, Suns, Lakers, Jazz and Spurs
  • West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
  • East Group A: Knicks, Magic, Sixers, Nets and Hornets
  • East Group B: Bucks, Pacers, Heat, Raptors and Pistons
  • East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Atlantic Notes: Whitehead, Bridges, MacDonald, Embiid

With Mikal Bridges joining the other New York City team, Nets forward Dariq Whitehead knows he could be in line for more playing time next season, Adam Zagoria of NJ.com writes. Whitehead has undergone foot and shin surgeries that limited him to two NBA appearances in his rookie year after getting selected with the No. 22 pick.

“I look at it as an opportunity for me to get on the court and a bunch of other young guys to grow our games and develop into who we want to be in the NBA,” Whitehead said. “And eventually be on their level, if not higher than where they were….and look it as an opportunity for us young guys.”

We have more from the Atlantic Division:

  • Speaking of Bridges, he’s not worried about fitting in with his new Knicks teammates, some of whom played with him collegiately at Villanova, Zach Braziller of the New York Post relays. “I think it’s not going to be that hard honestly,” Bridges said. “I think it’s just knowing the brand we play here, and playing the right way is who I am. It’s like a natural thing. It’s kind of like going to [Team] USA, kind of the same thing where obviously, going to USA last year, the role’s going to change.”
  • The Long Island Nets, Brooklyn’s NBA G League affiliate, have named Matt MacDonald their general manager, according to a press release. “We are excited to have Matt step into this role and lead our G League program with the Long Island Nets,” Brooklyn Nets GM Sean Marks said. “Since starting out in our front office, Matt has continually been elevated into a variety of positions spanning both player personnel and administration and has proven to have the acumen and diverse skillset required to thrive with each opportunity.” MacDonald was Long Island’s assistant GM for the last two seasons.
  • Sixers superstar Joel Embiid says any concern about him getting injured during Team USA’s Olympic run is overshadowed by his quest for a gold medal, according to Shaun Powell of NBA.com. “For me, being part of the Olympics was always the goal. It was an opportunity and a chance I couldn’t pass up. And I don’t think there is a big risk,” he said.