Nets Rumors

Warriors Acquire Dennis Schröder From Nets

DECEMBER 15: The trade is official, according to press releases from the Warriors and Nets. As detailed below, Brooklyn received Melton, Beekman, and three second-round picks from Golden State in exchange for Schröder and a second-round pick.

As first reported by Michael Scotto of HoopsHype (Twitter link), the Nets received Atlanta’s second-round picks in 2026 and 2028, along with Golden State’s second-rounder in 2029, while the Warriors acquired Miami’s 2025 second-rounder (top-37 protected).

In order to open up a two-way slot for Beekman, Brooklyn waived rookie Yongxi Cui, who suffered a season-ending ACL tear earlier this week.


DECEMBER 14: The Warriors are finalizing an agreement with the Nets to acquire veteran point guard Dennis Schröder, reports Shams Charania of ESPN.

Sources tell Charania that Brooklyn will send Schröder and one second-round pick to Golden State in exchange for injured guard De’Anthony Melton and three second-rounders.

Marc Stein and Jake Fischer (Twitter links), who first reported that Brooklyn’s return would include Melton’s expiring contract and second-round compensation, suggest the deal is on track to be completed on Sunday, when Melton officially becomes trade-eligible.

Fischer hears that the two teams also discussed Nets forward Cameron Johnson, but he won’t be included in this trade (Twitter link). However, Warriors two-way player Reece Beekman is expected to be added to Golden State’s outgoing package, Fischer notes (via Twitter).

Both Melton and Schröder are on expiring contracts and will hit free agency in 2025. Melton has a cap hit of $12,822,000 this season, while Schröder is earning $13,025,250. The Warriors, who are currently operating just $533K-ish below their hard cap, will move closer to that threshold as they take on an extra $203K in salary in the swap with the Nets.

Melton, 26, signed a one-year deal deal worth the full non-taxpayer mid-level exception with the Warriors over the offseason to try to rebuild his value following an extended absence last season due to a back ailment. Unfortunately, the defensive stalwart suffered a partially torn ACL just six games into his tenure with Golden State, requiring him to undergo season-ending surgery.

Schröder is off to an excellent start to the ’24/25 campaign and is a major reason why the Nets have been surprisingly competitive to this point. In 23 games, all starts (33.6 MPG), he’s averaging 18.4 PPG, 3.0 RPG, 6.6 APG and 1.1 SPG on .452/.387/.889 shooting.

Charania reported earlier this week that the Nets had been discussing trades involving Schröder, Johnson and Dorian Finney-Smith, with the Warriors expressing interest in all three players. Now a deal for Schröder is being finalized.

Multiple reports indicated Brooklyn was hoping to land a first-round pick for Schröder, but that was considered an overly optimistic ask for a role player on an expiring contract. The team will ultimately accept a net gain (pun not intended) of two second-rounders. Moving on from the point guard sooner rather than later will also limit the Nets’ upside on the court, potentially increasing the value of their own 2025 first-round pick.

According to Michael Scotto of HoopsHype (Twitter link), the Nets continue to be active in trade discussions, particularly involving Johnson and Finney-Smith.

While Melton won’t return this season, his contract could come in handy in a subsequent trade for Brooklyn — he’ll become eligible to aggregated again on February 5 as long as the Nets and Warriors complete their deal on or before Monday. The Nets could hang onto him until then, then perhaps waive him after the Feb. 6 deadline if they don’t find a use for his expiring contract on the trade market.

Yongxi Cui To Be Waived To Open Two-Way Slot

Nets Notes: Schröder, Defense, Milton, Fernandez

The Nets’ impending trade of Dennis Schröder to Golden State could be the first step in tearing down the roster and focusing more on next year’s draft than this season’s win-loss record, writes Brian Lewis of The New York Post.

There was an expectation that Brooklyn would be one of this season’s top tanking teams after regaining control of its 2025 and 2026 first-round picks in an offseason deal with Houston. There were concerns the Nets might be getting away from that strategy after a surprisingly strong start that has them in the midst of the East playoff race at 10-15, but the Schröder deal will likely accelerate a move down the standings.

Lewis points out that the loss of Schröder leaves the often-injured Ben Simmons as the only experienced point guard on the roster. De’Anthony Melton, who’s being acquired from the Warriors, is out for the season with a torn ACL, and the other options are shooting guards Keon Johnson and Shake Milton.

Schröder has been an important part of the Nets’ early-season success, averaging 18.4 points and 6.6 assists in 23 games. His performance, combined with affordable $13MM contract, made him an attractive trade target and minimized the chances that he would finish the season in Brooklyn. Before news of the deal leaked, Schröder talked to Lewis about being the subject of trade rumors.

“I’ve been in the league 12 years and people have talked about my name in trade talks for 12 years,” he said. “I’ve [only] been traded twice, so [gossip] is going to happen. They use it as an event where they can promote who is on the block. I don’t really care. But I’ve bought into this system right now because they pay my checks, and I’m doing my job every single day, and I’m always professional about it, always going to make the most out of it. Get 1 percent better every day. And whatever happens, happens. I understand it’s a business, but no worries here.”

There’s more from Brooklyn:

  • Defensive issues might have held down the Nets’ ceiling even if they had kept the roster together, Lewis states in a separate story. The team hasn’t improved its defense despite getting healthier, and it currently ranks last in opponent’s field goal defense and effective field goal percentage while being in the bottom five in other categories. “All the big bodies were in [Friday] and we still did a terrible job of protecting the rim. So it’s just something we got to figure out. We’ve all got to be on the same page,” Nic Claxton said. “I need to do a better job of protecting the rim. My blocks are down this year. But it’s on everyone, just being on the same page with our defense. Our defense isn’t good.” 
  • Milton is grateful to be playing regularly after logging just 27 total minutes after the Knicks signed him in March, per Bridget Reilly of The New York Post. Cam Thomas‘ hamstring injury has created an opening for Milton, who’s playing nearly 25 minutes per night over the past nine games.
  • More roster changes could be coming before the trade deadline, possibly involving Cameron Johnson and Dorian Finney-Smith, but head coach Jordi Fernandez isn’t focused on that, Reilly adds in another piece. “We love our group, I love my group, so I keep working with them every day going into the game like they are our group and they will be our group,” he said after Thursday’s practice. “Whatever happens, that I cannot control. I cannot be talking about it or worrying about it because that’s not, like you said, it’s not my job.”

Warriors Notes: Schröder, Trade Talks, Kerr, Green, Curry, Wiggins

The Warriors expect their trade with the Nets to be finalized in time for Dennis Schröder to begin practicing with the team early next week and make his debut Thursday night in Memphis, sources tell Anthony Slater of The Athletic.

The deal will reportedly send Schröder and a second-round draft pick to Golden State in exchange for the expiring contract of De’Anthony Melton, who is out for the season with a torn ACL, along with two-way player Reece Beekman and three second-round selections. It can’t be completed until Sunday when Melton becomes trade-eligible.

The two teams have been in sporadic trade talks for weeks, Slater adds. He confirms reports that the discussions at one point included a larger deal involving Cameron Johnson and Dorian Finney-Smith, but those negotiations fell apart. He hears that Golden State preferred a simple trade for Schröder, giving them much-needed scoring help without sacrificing any of their young talent. Schröder was the only player who had been discussed in the last few days, Slater adds.

Schröder, 31, is a veteran guard who brings plenty of playoff and international experience. He will run the offense whenever Stephen Curry is resting, but the Warriors also envision having them on the court together, according to Slater. Coach Steve Kerr has been running 11- and 12-man rotations for much of the season, but Slater points out that Schröder’s arrival is likely to mean reduced roles for Brandin Podziemski, Buddy Hield and others.

There’s more on the Warriors:

  • Kerr, Curry and Draymond Green were all advocates for acquiring Schröder because they’ve faced his German team so often in international competitions, states Shams Charania of ESPN (Twitter video link). The trade won’t prevent the Warriors from “big-game hunting,” according to Charania, who adds that the team remains “active in the hunt for a star player.” He also points out that Golden State can aggregate Schröder’s contract in another deal before the February 6 deadline if necessary. The Warriors have been prominently mentioned in Jimmy Butler trade rumors, but other desirable targets could become available.
  • The Warriors weren’t happy about being knocked out of the NBA Cup with a controversial loss Wednesday at Houston, but it did give them a break in the schedule, notes Sam Gordon of The San Francisco Chronicle. They’ll have three days off following Sunday’s game against Dallas, which gives them the rare chance to concentrate on practice and film sessions. “I think it’s really beneficial for us to get some more practice time. During the NBA season it’s really hard to get really good practices in,” Kevon Looney said. “We get to work on all the execution things. The small things that we keep talking about on film. We can actually go out on the practice court and work on the kinks.”
  • Curry and Andrew Wiggins are both listed as questionable for Sunday’s contest, Slater tweets. Curry is experiencing inflammation in his neck area, and Wiggins is dealing with adductor tightness.

Trade Rumors: Butler, Heat, Warriors, Porter, Vucevic

Although they haven’t received anything approaching a “serious offer” yet, the Heat have indeed shown a willingness to listen to inquiries on Jimmy Butler for the first time in his six seasons in Miami, league sources tell David Aldridge of The Athletic.

The Heat are in the midst of a four-game winning streak, but are still just 13-10 thus far in 2024/25. Aldridge says the organization is “sober” about the state of the current roster, noting the team made the play-in tournament each of the past two seasons, including a surprise run to the NBA Finals in 2023 after advancing to the playoffs as the No. 8 seed.

The two sides “seem destined” to part ways, according to Aldridge, who suggests Miami will likely prioritize a trade package centered around players rather than draft compensation, given the team’s “relentless” desire to contend for titles.

Aldridge says Butler’s preference would be to stay in Miami, but he wants a maximum-salary extension that Pat Riley has publicly said the team is in no rush to offer.

As Aldridge observes, in addition to listening to offers, the Heat are also likely trying to gauge what Butler’s free agent market could look like this summer, when he reportedly intends to decline his $52.4MM player option to hit free agency.

There are more trade rumors to pass along:

  • NBA insider Marc Stein offers a similar report in his latest Substack column (subscription required), citing a “rising belief leaguewide” that Miami has become willing to part with Butler before the trade deadline. The majority of teams that Stein contacted believe Butler has started considering potential locations where he’d like to be traded, but one executive cautions that the Heat won’t move him without getting “fair value” in return. Stein adds that Miami officials aren’t concerned about losing Butler in free agency this summer if he’s not traded because he’ll be facing a limited market. Only the Nets currently have enough projected cap room for a maximum-salary offer.
  • Of the four teams considered to be favorable landing spots for Butler, only the Warriors are viewed as having enough interest to engage in “substantive” trade discussions, league insiders tell Stein. The Rockets and Mavericks haven’t displayed any “tangible” interest in pursuing Butler, according to Stein, while the Suns would have to include Bradley Beal, who holds a no-trade clause that discouraged the Heat from trying to trade for him in the summer of 2023.
  • As he previously noted in a podcast appearance this week, Stein hears that the Nuggets want to shake up their roster, and it appears Michael Porter Jr. would have to be included in any major deal. Stein wonders how much of a return Denver could get for Porter considering the limited market for New Orleans forward Brandon Ingram, who’s a similar player with better stats.
  • The Bulls are hoping to land a first-round pick in exchange for center Nikola Vucevic, Stein adds. Vucevic has increased his production in coach Billy Donovan’s new up-tempo offense, but Stein warns that the Bulls might have to be willing to take any Vucevic talks all the way to deadline day if they’re holding out for a first-rounder.

Trade Rumors: Sixers, Pelicans, Nuggets, Early Movers, Simmons

The Sixers‘ slow start this fall hasn’t changed the expectation that Daryl Morey and the front office in Philadelphia will be active leading up to the February 6 trade deadline, sources tell Tim Bontemps of ESPN (Insider link).

Shooting and frontcourt size are among the area the 76ers may look to address, with KJ Martin viewed as the team’s most logical trade chip due to his pseudo-expiring contract, which includes a cap hit of $7.98MM for this season. However, Martin won’t become trade-eligible until January 15, so Philadelphia will have another month to assess its needs before moving forward on potential trade scenarios.

Within that same ESPN story, Bontemps and Brian Windhorst address another injury-plagued team off to a disappointing start, citing sources who say that there has been an increase in opposing scouts at Pelicans games, with rivals looking to gather intel for possible deals. While New Orleans’ plans are unclear at this point, the club is expected to at least make a move to get out of the luxury tax — its team salary is currently $1.4MM above that threshold.

Brandon Ingram, of course, is considered a potential trade candidate, but his $36MM+ cap hit will complicate trade talks. According to Bontemps, several sources have recently told ESPN that they’re not sure whether anyone making more than $20-25MM will be dealt during the season.

Here are a few more trade-related notes and rumors from around the NBA:

  • The Nuggets are interested in making a trade to upgrade their rotation and “know they need a shake-up move of some sort,” but will be hard-pressed to find an appealing deal due to their position relative to the tax aprons and their lack of movable contracts, NBA insider Marc Stein said during an appearance on DNVR Sports (Twitter video link). “It’s been painted to me as eager. They are eager to make a move,” Stein said. “(But) the reality is if they don’t involve (Michael) Porter (Jr.), the optionality there is extremely limited.”
  • While most in-season deals are unlikely to be completed until much closer to the February 6 trade deadline, Jake Fischer (Bleacher Report video link) identifies the Lakers and Bucks as teams who could be motivated to act sooner rather than later on the trade market, adding that the Knicks are also “still sniffing around on what to do for their center depth.”
  • In a separate video clip, Fischer explores whether the Nets could realistically trade Ben Simmons and his $40MM+ expiring contract, suggesting that a team seeking 2025 cap room might be able to incentivize Brooklyn to take on multiyear salary in exchange for Simmons by attaching an intriguing young player and/or draft assets.
  • Fred Katz of The Athletic takes a closer look at several of the CBA and trade rules – new and old – that are expected to make it more challenging than ever for teams to pull off trades this season.

Nets’ Yongxi Cui Out For Season With Torn ACL

Rookie wing Yongxi Cui, who is on a two-way contract with the Nets, sustained a torn ACL in his left knee on Wednesday and will miss the remainder of the 2024/25 season, the team announced in a press release (Twitter link via Brian Lewis of The New York Post).

Cui, 21, suffered the injury while playing for the Nets’ G league affiliate in Long Island. He’s expected to make a full recovery, per the team.

Also known as “Jacky,” Cui is a 6’6″ guard/forward who graduated from the NBA Global Academy and played for the Guangzhou Loong Lions in the Chinese Basketball Association last season. He posted solid numbers in the CBA in 2023/24, averaging 15.8 points, 5.9 rebounds, and 3.1 assists per game in 56 appearances for Guangzhou, with a .520/.365/.783 shooting line.

Cui, who went undrafted in June, made five NBA appearances for the Nets in ’24/25, playing just 10 total minutes. He also played in five games for Long Island, averaging 6.2 PPG, 2.6 RPG and 1.2 APG in 16.9 MPG.

If the Nets need depth in the future, it wouldn’t be surprising if they release Cui for a healthy player. But it’s also not uncommon for NBA teams to keep injured players on two-way deals for an entire season, with Collin Gillespie and E.J. Liddell among the recent examples of that occurring.

For what it’s worth, Cui’s two-way contract covers two years, though as with all two-way deals, each season is non-guaranteed.

Nets Notes: Butler, Schröder, Potential Trades, K. Johnson

Jimmy Butler has shown interest in joining the Nets in the past and would still be interested in potentially ending up in Brooklyn, a source tells Brian Lewis of The New York Post. However, the Nets aren’t considered a potential trade suitor for the Heat star and would only make sense as a landing spot in free agency.

[RELATED: Heat Open To Listening To Offers For Jimmy Butler]

That outcome isn’t out of the question. The Nets project to have more cap room than any other NBA team in 2025, and multiple reports have indicated that Butler’s plan is to turn down his $52MM+ player option for 2025/26 in order to become a free agent after the current season.

Still, Lewis cautions that any Nets interest would have to be “at the right price and on the right terms” — at age 35, Butler can’t realistically expect a long-term, maximum-salary contract as a free agent in 2025, but it remains to be seen how eager he’ll be to take a pay cut and/or a short-term contract. He may prefer one to the other.

With no contending teams projected to have maximum-salary cap space next summer, it’s possible Butler would use the retooling Nets as leverage in order to extract the best possible deal from the Heat or whichever team he’s playing for at the end of this season. But it’s worth noting that Brooklyn has been more competitive than expected so far this season and doesn’t necessarily want to spend several years in the lottery while rebuilding.

“Their reset will be around signing a max free agent and draft picks,” one league source told Lewis. “They for sure won’t tank multiple years. It’s going to be a one-year reset.”

Here’s more on the Nets:

  • While it’s generally difficult for NBA teams to net a first-round pick in exchange for a role player who has an expiring contract, that’s expected to be the Nets’ asking price on veteran point guard Dennis Schröder, Lewis reports in another story for The New York Post. Marc Stein reported something similar on Tuesday. The 31-year-old, who will earn about $13MM this season before reaching unrestricted free agency in 2025, is averaging career highs in several statistical categories, including assists per game (6.5) and three-point percentage (38.5%).
  • The Nets may benefit from selling off their productive veteran players sooner rather than later in order to ensure they land a high lottery pick in the 2025 draft, but that doesn’t mean they’ll simply accept the best offer available for players like Schröder and Dorian Finney-Smith. Brooklyn will be seeking real value for its top trade chips, according to Lewis. “They’re not giving anyone away,” one source told The New York Post.
  • After averaging 12.6 minutes per game in his first 15 outings, Nets guard Keon Johnson has logged 26.3 MPG in seven games (three starts) since Cam Thomas went down with a hamstring injury. As Lewis writes for The Post, Johnson recognizes his playing time could fall off again once Brooklyn’s leading scorer returns. “Nothing is guaranteed, and it’s not guaranteed for him or anybody else,” head coach Jordi Fernandez said. “So the group’s been doing great. There’s going to be guys at times going in and out of the rotation. I hope if you’re out of the rotation, you work really hard to get back in. If you’re in the second group, you work hard to be in the first group. That’s important because that just helps the entire group to be better.”

Stein’s Latest: Butler, Wizards, Jazz, Nets, H. Jones, Sixers, Cavaliers

The Rockets, Mavericks and Warriors are the teams most often linked to a potential Jimmy Butler trade, but none of them are considered certain to make a strong bid to acquire the Heat star, Marc Stein writes in his latest Substack column (subscription required).

Stein views Golden State as the most serious contender among the group, with sources telling him that the Warriors have expressed some interest in Butler and one informant saying the team wants to “take a swing” on a significant move by the trade deadline. Stein notes that Golden State attempted to land Paul George and Lauri Markkanen during the offseason, even though those efforts were unsuccessful. He adds that Draymond Green has experience playing alongside Butler on the U.S. Olympic team in 2016.

Houston has plenty of assets to offer in exchange for Butler, but Stein points to general manager Rafael Stone‘s stance that he doesn’t plan to pursue a major in-season trade. The Rockets have also let it be known that age considerations will be important if they do go after a star, making sure that player is on a similar timeline as the rest of their young core. That would seem to exclude any interest in the 35-year-old Butler.

Financial restraints will likely prevent the Mavericks from getting involved, Stein adds. They already have Luka Doncic and Kyrie Irving on max contracts, and both players will become eligible for new deals in July. Stein doesn’t believe Dallas is looking for another player like Butler, who is used to having the ball in his hands.

Butler, who has a $52.4MM player option for next season, has been open about his intention to pursue free agency. Meeting with reporters after Wednesday’s practice, he refused to commit when asked if he wants to finish his career in Miami.

“I don’t know,” he responded. “I’m pretty sure y’all are going to get a report that’s going to say otherwise anyways. So there’s no sense in me answering that question.”

Stein offers more inside information from around the NBA:

  • The Wizards, Jazz and Nets are the primary sellers as the league’s unofficial trade season gets set to open Sunday, with a rival executive telling Stein, “When you call them, they’re willing to make a deal right now.” Stein hears that the Raptors, Trail Blazers and Bulls are also being monitored to see if they’re interested in parting with certain players. Sources tell Stein that Brooklyn is asking for at least one first-round pick in exchange for swingman Dorian Finney-Smith or point guard Dennis Schröder. Washington is “increasingly regarded as likely” to pursue trades involving Jonas Valanciunas and Malcolm Brogdon while listening to offers for Kyle Kuzma, who is in the second season of a four-year, $90MM contract.
  • Sources tell Stein that the Pelicans have no interest in fielding offers for Herbert Jones despite the team’s disastrous 5-20 start. Jones is the team’s best perimeter defender and is under contract through the 2026/27 season.
  • The Sixers aren’t expected to be active in December, according to Stein, because their most logical trade chip — KJ Martin — doesn’t become trade eligible until January 15.
  • Scouts believe the Cavaliers will try to acquire at least one more wing before the deadline, Stein adds. Even though Cleveland is at the top of the East, there’s a belief that the team will need to upgrade its perimeter defense for the playoffs.

Atlantic Notes: Fernandez, Nets Trade Talks, Celtics, Hart, Towns

Nets head coach Jordi Fernandez struck a threatening tone after his team’s loss to the Bucks on Sunday. After seeing Brooklyn’s defense allow 67 second-half points, Fernandez had a pointed message for his players.

“If our guys who wear a Brooklyn Nets jersey don’t play harder defense, they don’t have a place in our roster,” he said, per Jared Schwartz of the New York Post.

The Nets shot over 50% from the field but it was offset by the leaky defense, particularly on the perimeter.

“No defense to finish that third [quarter]. No defense to finish the fourth,” Fernandez said. “That’s how you win and lose games in the NBA. … You look at the offensive line, it’s pretty good. It’s just our defense was worse than bad.”

We have more from the Atlantic Division:

  • The Nets are very active in the trade market, according to an ESPN report, however they are being picky with what types of players they might take back in a trade, according to NetsDaily.com. A source familiar with the Nets discussions says that GM Sean Marks only wants to take back expiring contracts in order to preserve his cap space. However, another source told NetsDaily that Brooklyn might be willing to take on a contract with another year left on it if the draft assets are rich enough.
  • The Celtics are taking a high volume of three-point shots and making them. The Athletic’s Jared Weiss details how the defending champion’s offense has changed from last season. One notable difference is that the second unit is not as reliant on Jayson Tatum or Jaylen Brown to orchestrate the attack.
  • Josh Hart is questionable to play in the Knicks‘ NBA Cup quarterfinal game against Atlanta on Wednesday due to a left ankle sprain, Ian Begley of SNY TV tweets. Karl-Anthony Towns is probable with a right knee ailment.