Brooklyn Nets Rumors | Hoops Rumors

QO Updates: Cavaliers, Pistons, Christie, Watford

June 29th, 2024 at 11:36am CST by Rory Maher

The Cavaliers have issued qualifying offers to young wings Isaac Okoro and Emoni Bates, which means they’re both heading for restricted free agency, sources tell Chris Fedor of Cleveland.com (Twitter link).

The fifth overall pick of the 2020 draft, Okoro’s QO — essentially just a one-year contract offer that gives the team the right of first refusal — is worth approximately $11.83MM. Bates’ QO, meanwhile, is for another two-way contract; he spent his 2023/24 rookie campaign on a two-way deal with Cleveland.

The Pistons announced in a press release (via Twitter) that they have extended a qualifying offer to forward Simone Fontecchio, making him a restricted free agent as well. Detroit is considered likely to retain the Italian sharpshooter, whose QO is worth about $5.2MM after he met the “starter criteria” in March.

However, the Pistons have decided not to tender QOs to former first-round picks James Wiseman and Malachi Flynn, according to Michael Scotto of HoopsHype (Twitter links). Both Wiseman and Flynn will be heading for unrestricted free agency.

The second pick of the 2020 draft, Wiseman did not meet the starter criteria, so his QO would have been worth $7.7MM. Flynn’s QO was valued at $5.8MM.

The moves were expected, as clearing the cap holds for Wiseman and Flynn will allow Detroit to create a significant amount of cap room heading into the new league season. Teams can officially begin negotiating with external free agents on Sunday evening.

Here are a couple more players who are heading for restricted free agency:

Lakers guard Max Christie was given a $2.3MM qualifying offer, Scotto reports (via Twitter). The 21-year-old has averaged 3.8 points and 2.0 rebounds while shooting 37.8% from deep over his first two NBA seasons (108 games, 13.5 minutes per contest). Scotto hears Christie is expected to receive interest from rival suitors as a RFA.
Sources tell Brian Lewis of The New York Post that the Nets plan to give Trendon Watford a QO before Saturday’s deadline (Twitter link). A former undrafted free agent who played college ball at LSU, Watford’s one-year QO is worth just over $2.7MM. He averaged 6.9 points and 3.1 rebounds on .527/.397/.794 shooting in 63 games last season for Brooklyn (13.6 minutes).

Clowney, Whitehead In Spotlight Of Rebuild

June 29th, 2024 at 8:11am CST by Tristan Tucker

Because the team didn’t own a first-round pick this season, Nets second-year players Noah Clowney and Dariq Whitehead (the Nos. 21 and 22 picks in 2023, respectively) are poised to be in the spotlight for a rebuilding Brooklyn squad. Zach Braziller of the New York Post further explores what the future holds for both players, with Clowney set to build on a promising rookie season. Whitehead only played two games last season after a shin injury, but the team is hoping he’ll be ready for summer league.

Nets Agree To Exhibit 10 Deals With KJ Jones, Mark Armstrong

June 29th, 2024 at 7:41am CST by Luke Adams

June 29: Armstrong is joining the Nets on an Exhibit 10 deal, Adam Zagoria of NJ.com reports (Twitter link). The Nets currently have just one player signed to a two-way contract for next season (Jaylen Martin), so it’s feasible that Armstrong winds up competing for one of those two-way slots. Armstrong is a former four-star prospect with USA Basketball experience.

June 27: The Nets have reached an agreement on an Exhibit 10 contract with high-scoring Division II guard KJ Jones, according to Jon Chepkevich of DraftExpress.com (Twitter link).

Jones, who played his college ball at Emmanuel University in Georgia, has averaged 26.2 points per game in back-to-back seasons and scored more than 3,600 total points over the course of his five-year collegiate career. He posted a shooting line of .482/.371/.868 across those five seasons, also logging career averages of 5.7 rebounds, 3.0 assists, and 1.6 steals per contest.

As Chepkevich notes, Jones was the only Division II prospect to receive an invitation to the Portsmouth Invitational Tournament this spring.

Villanova’s Mark Armstrong may also be joining the Nets’ offseason roster, with Jake Weingarten of StockRisers.com tweeting that Brooklyn has reached a deal with the former Villanova standout. However, there are no additional details on that agreement (ie. whether it’s for a two-way contract, an Exhibit 10 deal, etc.), so it’s possible Armstrong is just joining the team for Summer League for now.

The former Wildcats guard registered averages of 8.4 PPG, 2.4 APG, and 2.3 RPG on .417/.282/.776 shooting as a sophomore in 2023/24 before declaring for the draft as an early entrant.

Cam Thomas May Be Among League Leaders In Usage Rate

June 28th, 2024 at 2:54pm CST by Arthur Hill

Cam Thomas, who is eligible for a rookie scale extension this offseason, was the Nets‘ leading scorer this season and his opportunities should increase now that Mikal Bridges is being traded to New York, observes Brian Lewis of The New York Post. Lewis expects Thomas’ usage rate to soar, possibly among the league leaders, but until Brooklyn starts winning he’ll never be able to escape the reputation of putting up good stats on a bad team. “I’ve always gone through that stuff,” Thomas said. “Whenever I … have a big season or leap, it goes a little under the radar or unnoticed. If other players do it, it’s all talked about a lot. Obviously, I’m kind of used to it in a way. I don’t really care. I go out there and play for my guys and the organization to be the best player I can be. … I want to go out there and be the best version of myself.”

Trade Rumors: Kings, Wizards, THJ, Grizzlies, Rockets

June 26th, 2024 at 10:07pm CST by Luke Adams

In the minutes and hours leading up to their No. 13 pick in tonight’s draft, the Kings were engaged in trade talks involving that selection, according to Jason Anderson of The Sacramento Bee (Twitter link).

Sacramento ultimately used that pick to select Providence guard Devin Carter and it doesn’t appear that there are any plans to trade him, but it seems safe to assume the Kings will remain on the lookout for help on the wing. Anderson says Wizards forward Kyle Kuzma and Nets sharpshooter Cameron Johnson were among the names he heard linked to the Kings, while Jake Fischer of Yahoo Sports (Twitter link) notes that Sacramento expressed interest in another Net, Dorian Finney-Smith, prior to February’s trade deadline.

Here are a few more draft-day trade rumors:

The Wizards have emerged as another “viable” trade partner for the Mavericks with Tim Hardaway Jr., according to Marc Stein (Twitter link), who previously identified Detroit as a possible landing spot for Hardaway. Unlike the Pistons, Washington doesn’t project to have cap room this offseason, so Dallas would likely have to take back some salary in a deal with the Wizards. As Stein points out, the two teams have already made one trade this year, with Washington sending Daniel Gafford to the Mavs in February.
Before drafting Ron Holland at No. 5, Detroit talked to the Grizzlies about a trade back to No. 9, but Memphis didn’t present anything “substantial” to convince the Pistons to make a deal, reports James L. Edwards III of The Athletic. The Grizzlies, who were believed to be eyeing Donovan Clingan, also spoke to the Hornets about the No. 6 pick, according to Fischer (Twitter link). Clingan ultimately went to Portland at No. 7, with Memphis opting for another center, Zach Edey, at No. 9.
Despite rumors that the Rockets want to turn around and immediately trade the draft assets they got from Brooklyn for a star – possibly Kevin Durant – Jonathan Feigen of The Houston Chronicle believes the team will take a longer-term outlook. As Feigen writes in a subscriber-only story, if Houston were prioritizing making a deal in the short term, the Nets picks they gave up would’ve been valuable assets. By kicking those picks down the road, the Rockets created a longer runway to explore the trade market and pursue possible deals.

Draft Rumors: Hornets, Salaun, Nets, Celtics, Spurs

June 26th, 2024 at 6:39pm CST by Arthur Hill

The Hornets are considering Tidjane Salaun with the No. 6 pick, sources tell Krysten Peek of Yahoo Sports (Twitter link). The French power forward has been rising up draft boards recently.

Salaun had to cancel workouts with Charlotte and Detroit after spraining his ankle during a recent session in San Antonio, according to Jonathan Givony of ESPN. He did work out for the Trail Blazers, who hold the seventh pick, and the Spurs are believed to have interest at No. 8, so there’s a good chance he’ll be selected somewhere in the middle of the lottery. Oklahoma City (No. 12) and Sacramento (No. 13) also hosted workouts with Salaun.

Here are a few more rumors as the draft draws closer:

The Nets are “open for business” after reaching an agreement to trade Mikal Bridges to New York, tweets Jake Fischer of Yahoo Sports. Cameron Johnson and Dorian Finney-Smith are among the players believed to be available as Brooklyn tries to move into the first round.
The Celtics are shopping the final pick in the first round in hopes of acquiring some extra selections later on, a source tells Brian Robb of MassLive. Robb notes that Boston sent out two second-round picks to acquire Xavier Tillman from Memphis and another in the Jaden Springer deal with Philadelphia, so the team is short on second-rounders. A source tells Robb the Celtics are planning offseason extensions with Derrick White and Sam Hauser, so it will be important to fill out the roster as inexpensively as possible.
The Spurs will be looking for shooters with at least one of their lottery picks, general manager Brian Wright told Jeff McDonald of The San Antonio Express-News. The team ranked 28th in three-point shooting percentage this season. “We broke the (franchise) record for (total) three-pointers, but then percentage-wise we’re towards the bottom end of the league, right?” Wright said. “So I think you obviously want to add shooting.” McDonald views Kentucky guard Reed Sheppard as a possible shooting upgrade with the fourth pick if he slips past Houston at No. 3, while Tennessee forward Dalton Knecht is in the mix at No. 8.

Nets Notes: Johnson, Finney-Smith, Sharpe, Claxton, Bridges

June 26th, 2024 at 9:04am CST by Luke Adams

Mikal Bridges was the first player the Nets agreed to trade this offseason, but he seems unlikely to be the last. According to Michael Scotto of HoopsHype, Cameron Johnson, Dorian Finney-Smith, Dennis Schröder, Ben Simmons, Day’Ron Sharpe, and newcomer Bojan Bogdanovic are among the potential trade candidates to keep an eye on Brooklyn going forward.

Johnson, in particular, could appeal to teams in the market for shooting help, Scotto notes. The former Sun has made 39.2% of his career-three point attempts and is under contract for three more seasons on a deal that declines to $22.5MM in 2024/25 and to $20.5MM in ’25/26 before returning to $22.5MM in ’26/27.

Here’s more on the Nets:

The package Brooklyn is receiving for Bridges doesn’t include any 2024 draft picks, but the Nets still believe they’ll be able to move into the 20s on Wednesday night if there’s a specific player they like in the range, according to Scotto, who points to Finney-Smith as a player who may be dangled in that scenario.
Sharpe has drawn trade interest from teams around the league beyond just the Grizzlies. Executives who spoke to Scotto believe Brooklyn could demand multiple second-round picks in exchange for the young big man, who is entering the final year of his rookie scale contract.
The Nets’ desire to re-sign free agent center Nic Claxton doesn’t appear to have diminished, according to Scotto, who hears from sources that the team wants to hang onto the big man going forward. The Pelicans – who were among the teams pursuing Bridges, sources tell HoopsHype – have “several admirers” of Claxton in their front office and are one of the clubs curious to see if he might become available via sign-and-trade, Scotto adds.
While there were conflicting reports on Tuesday about whether Bridges explicitly requested a trade to the Knicks, Brian Lewis of The New York Post hears that the forward at least “quietly angled” to get to Brooklyn’s cross-town rivals. The deal – along with the Nets’ trade to regain control of their 2025 and 2026 first-round picks – has “turbocharged” the organization’s rebuild, Lewis writes.

Nets, Rockets Officially Complete Swap Of Draft Assets

June 26th, 2024 at 3:49am CST by Luke Adams

The Nets and Rockets have officially announced their trade involving a series of future draft assets, with each team issuing a press release to confirm the move. We previously covered the deal within our story on the Mikal Bridges trade between the Nets and Knicks, but here are the full terms of the Brookyn/Houston swap:

Nets acquire:

Control of their own 2025 first-round pick (negating the Rockets’ right to swap either its own 2025 first-rounder or the Thunder’s 2025 first-rounder for Brooklyn’s pick).
Their own 2026 first-round pick.

Rockets acquire:

The right to swap either their own 2025 first-round pick or the Thunder’s 2025 first-round pick for the Suns’ 2025 first-round pick.
The Suns’ 2027 first-round pick.
Either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is more favorable).
The right to swap their own 2029 first-round pick with either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is least favorable).
- Note: Houston now essentially controls the two most favorable of the Mavericks’, Suns’, and Rockets’ 2029 first-rounders, with the Nets retaining control of the least favorable of the three.

The Nets’ motivation for the deal seems clear — their decision to trade Bridges signals that they’re prepared to take a step back in the short term rather than pushing toward contention. Having control of their own first-round picks for 2025 and 2026 will aid their rebuilding process, reducing the need to accelerate that process.

As cap expert Yossi Gozlan notes (via Twitter), Brooklyn will be in position to create more than $60MM in cap room in 2025, so the team will have no shortage of cap flexibility going forward in addition to being flush with future draft assets.

As for the Rockets, a report back in early May suggested they had interest in talking to the Nets about returning some of Brooklyn’s draft assets in exchange for some of those future Suns picks. Houston is pushing its collection of draft assets down the road a little and making a bet against Phoenix’s sustainability as a contender for the next several years.

As Adrian Wojnarowski of ESPN (Twitter links) has reported, the Rockets believe acquiring those future Suns assets puts them in a good position to pursue a star like Kevin Durant or Devin Booker in the event that they submit trade requests, or in the event that Phoenix eventually decides to break up its roster.

As the Nets showed with this deal, if a team pivots to a rebuild, it’s crucial for that team to control its own first-round draft picks — the Rockets now essentially own the Suns’ picks in 2025, 2027, and 2029 and could offer those assets back to Phoenix in any major trade between the two teams.

Still, for the time being at least, the Suns have no interest in considering a trade involving Durant or Booker, according to John Gambadoro of Arizona Sports 98.7, who responded to Wojnarowski’s report about Houston’s interest in acquiring Durant by tweeting that there’s “zero chance” that happens. Woj followed up on his initial report by clarifying (via Twitter) that the Rockets won’t necessary wait for a Suns star to become available and will also shop those picks to other teams in an effort to upgrade their roster.

Knicks To Acquire Mikal Bridges From Nets For Bogdanovic, Multiple First-Rounders

June 25th, 2024 at 10:47pm CST by Dana Gauruder

The Nets have agreed in principle to trade forward Mikal Bridges to the Knicks for Bojan Bogdanovic, four unprotected first-round picks, a protected first-round pick via the Bucks, an unprotected pick swap, and a second-rounder, ESPN’s Adrian Wojnarowski reports.

It’s a stunning development for both New York clubs, who haven’t made a trade with one another since 1983, as Fred Katz of The Athletic tweets.

The Knicks’ draft capital heading to Brooklyn will be their 2025, 2027, 2029 and 2031 first-rounders. The pick that the Bucks owed the Knicks was their 2025 first-rounder (top-four protected). The unprotected pick swap will come in 2028, while the second-rounder will be in 2025 (Brooklyn’s own). The Knicks will receive a 2026 second-round pick along with Bridges, according to Wojnarowski (Twitter link).

It’s a huge haul for the Nets, who acquired Bridges from the Suns in the 2023 Kevin Durant blockbuster. Bridges appeared in all 82 games this past season, averaging 19.6 points, 4.5 rebounds and 3.6 assists per contest.

Bridges made a trade request to be dealt to the Knicks, Ian Begley of SNY TV tweets. The forward is entering the third season of a four-year, $90MM contract and wanted to rejoin former Villanova teammates Jalen Brunson, Donte DiVincenzo and Josh Hart. He was prepared to tell any other teams looking to trade for him that he’d eventually sign with the Knicks as a free agent, Begley adds (via Twitter).

The Grizzlies and Jazz were among the other suitors who were prepared to offer “significant draft packages” for Bridges, sources tell Wojnarowski. The Rockets also had interest in Bridges, according to Jake Fischer of Yahoo Sports, who disputes Begley’s claim that the 27-year-old requested a trade but confirms he was interested in joining the Knicks.

Bridges will take some of the scoring load off of Brunson and Julius Randle while providing New York head coach Tom Thibodeau with another versatile piece on defense. The former Sun and Net will be eligible to sign a two-year extension as of October 1, or a longer deal next offseason.

Bridges is due to make $23.3MM next season. Bodganovic, who has a $19MM expiring contract for next season, looks more like a salary-matching piece than a player Brooklyn is specifically targeting, so he may not be a Net for long.

While only $2MM of Bogdanovic’s salary for 2024/25 is currently guaranteed, that partial guarantee will have to be increased to at least $14.2MM to make this trade work. That means he could end up be dealt again, as his larger partial guarantee makes him less likely to be waived, cap expert Yossi Gozlan notes (Twitter link). Bogdanovic is projected to return in October from the foot and wrist surgeries he required this spring, sources tell Fischer.

The Knicks will apparently still look to re-sign OG Anunoby, who has decided to opt out of his contract and become an unrestricted free agent, Wojnarowski tweets. However, New York is preparing to lose Isaiah Hartenstein in free agency, according to Begley (Twitter link). Hartenstein is expected to be a top target for several teams in free agency, and the Knicks — who only hold his Early Bird rights — can offer a max of four years and approximately $72.5MM.

Assuming the trade is completed as reported, without additional players added, the Knicks will be hard-capped at the first tax apron (projected to come in around $178.7MM) for the 2024/25 league year, since they’ll be taking back more salary than they send out. That will put a limit on New York’s spending power to fill out the roster, though the team should still have enough wiggle room to make a strong offer to Anunoby.

The Nets, meanwhile, are in position to create a new traded player exception worth $21.7MM if they take Bogdanovic into their previously created $20MM+ exception, Gozlan observes (via Twitter). If they go that route, they’d be hard-capped at the first apron in ’24/25 as well, since they’d be using a trade exception created prior to this offseason.

The Nets have also worked out a separate deal with the Rockets involving draft picks, according to Wojnarowski.

In that agreed-to trade with Houston, Nets are trading a 2025 Suns pick swap, a 2027 Suns first-rounder, and a first-rounder and swap in 2029 in exchange for their own 2025 pick swap and 2026 first-rounder from the James Harden trade, The Athletic’s Shams Charania tweets.

The Rockets’ motivation is to use the draft capital to help acquire an impact player. While the Rockets are intrigued about pursuing a Kevin Durant deal, Phoenix is inclined to run it back with its core group. Thus, the Rockets are now determined to use the Suns picks to be aggressive on deals elsewhere, Wojnarowski tweets.

Luke Adams contributed to this post.

Atlantic Notes: Porzingis, Celtics, Knicks, Nets

June 25th, 2024 at 10:42am CST by Luke Adams

Injured Celtics big man Kristaps Porzingis is expected to undergo surgery on his left leg injury in the coming days, the team announced today in a press release (Twitter link via Chris Forsberg of NBC Sports Boston).

Porzingis told ESPN after the NBA Finals ended last week that his injury – a torn retinaculum and dislocated posterior tibialis tendon – would require surgery, so this news doesn’t come as a surprise. However, as the Celtics explain in their announcement, the star center had hoped to put off surgery until after Latvia’s Olympic qualifying tournament — and potentially its trip to Paris. That won’t be possible, as Porzingis is unable to play through the injury at the level required for Olympic competition, per the team.

The Celtics are expected to provide updates on Porzingis’ recovery timeline after the surgery is completed. Latvia, meanwhile, will look to claim a spot in the 12-team men’s basketball Olympic tournament without Porzingis available. In order to clinch an Olympic berth, the Latvians will need to win a six-team qualifying tournament over Georgia, Brazil, Cameroon, Montenegro, and the Philippines. That tournament will take place from July 2-7 in Riga, Latvia.

Here’s more from around the Atlantic:

Revisiting the Celtics‘ series of trades from last year, Kevin O’Connor of The Ringer reports that Boston still would have traded away Marcus Smart during the 2023 offseason even if its initial deal for Porzingis – which involved sending Malcolm Brogdon to the Clippers – hadn’t fallen through. According to O’Connor, if that Brogdon trade had been completed, the Celtics intended to send Smart to the Grizzlies in a separate deal for Tyus Jones and the two draft picks Boston got in the final Porzingis trade. In that scenario, the C’s may not have been in position to acquire Jrue Holiday later in the offseason.
Indiana center Kel’el Ware, Akron forward Enrique Freeman, and San Francisco forward Jonathan Mogbo are among the prospects who have worked out for the Knicks recently, per Ian Begley of SNY.tv. New York currently holds the 24th and 25th overall picks in the first round on Wednesday, along with No. 38 on Thursday.
Fred Katz and Andrew Schlecht of The Athletic spoke to an Eastern Conference executive about several possible draft options for the Knicks, evaluating the pros and cons of Ryan Dunn, Kyshawn George, DaRon Holmes II, and Mogbo, among others.
The NBA’s Board of Governors has voted to approve the sale of 15% of the Nets‘ parent company (BSE Global) to billionaire Julia Koch and her family, according to Kurt Badenhausen of Sportico. For more details on the Kochs buying into the Nets, you can read our full story here.