Nets Rumors

Kuminga, Suggs, Giddey Among Extension Candidates Seeking $30MM+ Annually

The deadline for teams to sign players to rookie scale contract extensions falls on Monday and will force several clubs to make tough decisions.

The Warriors have two players under consideration for rookie scale extensions: Jonathan Kuminga and Moses Moody. As we relayed Friday evening, Moody appears more likely than Kuminga to receive an extension by Monday. Moody is in line to receive minutes at the wing spot in the wake up Klay Thompson‘s departure, and NBA insider Jake Fischer reports he could earn more than $10MM per season on his extension (Threads link).

However, Kuminga is seeking a near-max contract that would pay him north of $30MM annually. According to Fischer, the Warriors have “never seemed intent” on paying the forward that kind of money ahead of the season. That tracks with earlier reporting, which suggested that both sides are content to wait to see if Kuminga takes another step forward in 2024/25 and helps propel the team back into contention as its second- or third-best player. In that scenario, he would presumably be rewarded in restricted free agency next offseason.

Moody averaged 8.1 points and 3.0 rebounds per game last season while Kuminga broke out, averaging 16.1 PPG on 52.9% shooting from the field.

We have more on this year’s rookie scale extension candidates:

  • According to Fischer, Atlanta’s Jalen Johnson is facing a similar situation to Kuminga. However, there’s “far more optimism” that the Hawks and Johnson will finalize a deal worth north of $30MM each year, which is said to be the starting point for negotiations with the former Duke standout. Johnson broke out in a big way last season, jumping from 5.6 PPG and 4.0 RPG in 2022/23 to 16.0 PPG and 8.7 RPG. He’s primed to be a long-term fixture in Atlanta as one of the Hawks’ franchise cornerstones.
  • Magic guard Jalen Suggs is seeking an extension worth more than $30MM annually in talks with Orlando, NBA insider Marc Stein reports (Twitter link). It’s unclear whether or not Orlando is prepared to make that sort of offer, but Suggs emerged as one of the best defensive guards in the league last season, earning a spot on the All-Defensive Second Team, averaging 12.6 PPG and 1.4 SPG, improving his outside shooting to 39.7%, and helping the young Magic to a 47-win season.
  • Immanuel Quickley‘s five-year, $162.5MM contract with the Raptors is said to have set a benchmark for young guards across the league, Fischer says, confirming previous reporting. Bulls guard/forward Josh Giddey is also seeking at least $30MM per year on his next extension. However, the Bulls are more interested in seeing how Giddey fits with the team before committing that kind of money to him. Chicago traded Alex Caruso for Giddey in June.
  • The Rockets haven’t been willing to this point to approach a maximum-salary deal for either Jalen Green or Alperen Sengun, according to Fischer. We relayed Friday that the Rockets have held productive conversations with both players, submitting offers to each, but that those offers were below the max. Fischer indicates that Houston is completely fine with not agreeing to terms with either before the year begins.
  • Clippers guard Bones Hyland and Nets young players Cam Thomas and Day’Ron Sharpe are not expected to agree to terms on a rookie scale extension, according to Fischer. However, there remains some optimism that Hornets guard Tre Mann, Pacers forward Isaiah Jackson and Wizards wing Corey Kispert will be able to sign extensions by Monday’s deadline.
  • Quentin Grimes has emerged as a real candidate to receive an extension by Monday, according to Stein (Twitter link). Grimes was acquired by the Mavericks in exchange for Tim Hardaway Jr. this offseason and he’s averaged 8.5 PPG across three NBA seasons. His deal would presumably be in the ballpark of Moody’s, perhaps a bit more than $10MM per year.

Nets Convert Tyrese Martin To Two-Way; Waive Killian Hayes, Amari Bailey

The Nets have converted forward Tyrese Martin to a two-way contract and waived guards Killian Hayes and Amari Bailey, according to HoopsHype’s Michael Scotto and New York Post’s Brian Lewis (Twitter links).

Brooklyn’s roster now stands at the regular season limit of 18 players, with 15 on standard contracts and all three two-way slots filled.

Martin, the No. 51 overall pick in the 2022 draft, spent the first year of his career with the Hawks. He only saw action in 16 games and was waived the following offseason. Martin played last season for the Timberwolves’ G League affiliate in Iowa, averaging 16.9 points and 7.7 rebounds in 39 games.

A former UConn standout, Martin signed to an Exhibit 10 deal with Brooklyn this offseason. He stood out in four preseason appearances with the Nets, averaging just 4.8 PPG but often receiving playing time alongside the Nets’ bench players and other two-ways. He was ahead of Bailey and the other non-guaranteed training camp invitees in minutes.

Hayes spent the first four seasons of his career in Detroit after being drafted with the No. 7 overall pick in 2020. He showed chops as a play-maker, averaging 5.2 assists per game across 210 career appearances, but he only shot 38.2% from the field in those games. After being waived by the Pistons at last season’s trade deadline, he didn’t catch on with another team for the rest of 2023/24.

This offseason, Hayes signed an Exhibit 10 deal with the Nets. While his four years of NBA service made him ineligible for a two-way deal, he’ll still qualify for a bonus worth $77.5K if he spends at least 60 days with Brooklyn’s G League affiliate in Long Island.

Hayes didn’t suit up in a preseason game with the Nets while dealing with a hip injury. According to Charania, he’ll rehab the injury in the G League this season.

Bailey was a one-and-done prospect after suiting up for UCLA in 2022/23. He was the 41st pick in the 2023 draft by the Hornets and spent last season on a two-way deal. However, Bailey only got into 10 NBA games and the Hornets opted not to bring him back in free agency, leading to him signing an Exhibit 10 deal with the Nets.

He played more extensively in the G League as a rookie, averaging an impressive 18.8 points and 4.3 assists on a .452/.358/.705 shooting split. Like Hayes, he’ll be eligible for a $77.5K bonus if he winds up spending at least two months with Long Island.

Given that both players are 23 or younger, there’s a chance the rebuilding Nets could revisit one or both if they open up roster spots via trade this season.

Nets Stress Efficiency For Cam Thomas; Decision Coming On Killian Hayes

  • Nets guard Cam Thomas has established himself as a scoring threat in his first three NBA seasons, but new coach Jordi Fernandez wants him to become more efficient in how he gets his points, per Peter Botte of The New York Post. Thomas seems to have taken the message to heart, shooting 55.5% from the floor and 50% from three-point range during the preseason. “I’m just getting to my spots. There’s not really much difference [that] I’m doing,” he said. “Other than getting out and running more and getting a lot of easier shots, I’m just playing off the ball a little bit and just shooting the catch-and-shoot shots that I’m given. Obviously, at some point, I’m going to be able to create, do a lot of the one-on-one game, because sometimes that’s what the game requires. But right now, I’m just trying to play within the offense and just find my spots.”
  • Fernandez told reporters that the Nets can decide if Killian Hayes is worthy of a roster spot even if he doesn’t play in the preseason, tweets Brian Lewis of The New York Post. The former lottery pick, who has been out of the league since Detroit waived him in February, signed a non-guaranteed Exhibit 10 contract with Brooklyn this summer. “I’ve seen him play live in practice and you guys haven’t,” Fernandez said. “… I’ve seen him and I’m very happy with him. After that we’ll make whatever decision we have to as a group with (general manager) Sean (Marks).

Nets Sign, Waive K.J. Jones

OCTOBER 16: The Nets have waived Jones, the team announced today, putting him on track to report to Long Island this fall.


OCTOBER 15: The Nets have signed wing K.J. Jones to an Exhibit 10 contract, according to the RealGM transactions log.

Brooklyn’s agreement with Jones was first reported in late June, shortly after the draft. He appeared in one Las Vegas Summer League game for Brooklyn.

Jones played his college ball at Division II Emmanuel University in Georgia, where he averaged 26.2 points per game in back-to-back seasons. He scored more than 3,600 total points over the course of his five-year collegiate career and 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.

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

Jones will likely be waived and then join the G League’s Long Island Nets. He would be eligible for a bonus up to $77.5K if he stays with the G League team for at least 60 days.

Atlantic Notes: George, Nets, Walsh, Raptors

Discussing Paul George‘s hyperextended knee on Tuesday, Sixers head coach Nick Nurse told reporters that “everything checks out OK” so far. Nurse added the team will do imaging later in the day and confirmed that George won’t be active for Wednesday’s preseason contest vs. Brooklyn, tweets Derek Bodner of PHLY Sports.

After completing an MRI on George’s injured knee, the 76ers announced that he has been diagnosed with a bone bruise, according to Kyle Neubeck of PHLY Sports, who tweets that the imaging showed no structural damage. The team intends to reevaluate the star forward in approximately one week.

It’s good news for the Sixers and for George, who avoided a more serious injury. However, it remains to be seen whether or not Philadelphia’s top offseason addition will be ready to go when the club’s regular season tips off in eight days vs. the Bucks.

Here’s more from around the Atlantic:

  • Veteran Nets players have said this month’s training camp is the toughest they’ve ever experienced, according to Brian Lewis of The New York Post. While first-time head coach Jordi Fernandez has focused on conditioning work and demanded high intensity in team scrimmages, he credits the players for fostering that environment. “The ones that are making it competitive, hard, physical and challenging are the players,” Fernandez said on Monday. “Obviously, my demands are to work extremely hard, to be a good teammate, to build relationships, to compete, to get one percent better, so on and so forth. … But the guys are buying into it, and they’re fighting for their opportunities, their spots, their roles.”
  • Second-year forward Jordan Walsh continued a strong preseason on Sunday with 16 points and 10 rebounds in 30 minutes of action in the Celtics‘ win over Toronto. Head coach Joe Mazzulla said he’s “really proud of (the) growth” he’s seen from Walsh this fall and spoke about the specific areas where the 20-year-old has made strides. “Just having an understanding of what his job is,” Mazzulla said, per Brian Robb of MassLive.com. “Defend at a high level, defend multiple positions, rebound, and then make reads on the offensive end.”
  • The Raptors lost games over to the weekend to Washington and to a Boston team resting its stars, but there were a few bright spots, writes Eric Koreen of The Athletic. Big man Chris Boucher is having a strong preseason, as is third-year wing Ochai Agbaji, who figures to start on opening night due to RJ Barrett‘s shoulder injury. Newcomer Davion Mitchell, starting in place of Immanuel Quickley, has also made a case for a regular season role, Koreen notes — while defense is his calling card, Mitchell has done a very good job taking care of the ball on offense this preseason, with 14 assists and no turnovers in three games.
  • In case you missed it, we rounded up several Knicks-related notes earlier this afternoon.

Nets Sign, Waive Mark Armstrong

OCTOBER 14: The Nets have waived Armstrong, per RealGM’s transaction log. His next stop will likely be with the Long Island Nets.


OCTOBER 9: Former Villanova guard Mark Armstrong has officially signed with the Nets, the team announced today (Twitter link via Erik Slater of ClutchPoints).

While the Nets didn’t specify the details of Armstrong’s deal, reporting all the way back in June indicated that he had agreed to sign an Exhibit 10 contract with the club. He’ll likely be waived before the regular season begins and then report to the Long Island Nets as an affiliate player, with his Exhibit 10 deal making him eligible for a bonus worth up to $77.5K if he spends at least 60 days with Long Island.

Armstrong, who declared for the draft in the spring following his sophomore season with the Wildcats, averaged 8.4 PPG, 2.4 APG, and 2.3 RPG on .417/.282/.776 shooting in 34 games (24.5 MPG) in 2023/24.

Armstrong joined the Nets’ Summer League roster and appeared in five games for the team in Las Vegas, logging 44 total minutes. He scored 14 points and handed out eight assists, but turned the ball over seven times and shot just 5-of-22 (22.7%) from the field.

Brooklyn now has a full 21-man preseason roster.

New York Notes: Thomas, Simmons, Kolek, Knicks, Klutch

Nets guard Cam Thomas is eligible for a rookie scale extension until Oct. 21. If he doesn’t sign an extension, he’ll be on track for restricted free agency next summer.

Speaking to Erik Slater of Clutch Points on the Bleav in Nets podcast (YouTube link), Brian Lewis of The New York Post said opinions on Thomas vary wildly around the NBA, making it difficult to get a read on what type of contract he might receive in a possible extension or as a RFA.

With Cam Thomas, there is no sort of baseline,” Lewis said. “Some scouts, they think he walks on water, they love him. ‘Oh, he’s a bucket. Oh, he’s this, he’s that.’ Others wouldn’t touch him with a ten-foot pole. They want no part of it. No matter what he’s getting paid, they don’t want any part of it.

I’ve never seen a player like this, frankly, that is, when I say he’s divisive, I don’t mean that he’s divisive in the locker room and guys don’t get along with him. I mean, there is no sort of agreement between scouts or front office personnel [on] what his value is on the market, or how good of a player can he be.”

Here are some more notes on the NBA’s two New York-based teams:

  • Oddsmakers think the Nets will have the worst record in the league in 2024/25. Critics of Cam Thomas think he’s just a high-volume scorer on a bad team. He’s out to prove his doubters wrong and has taken up head coach Jordi Fernandez‘s challenge of scoring more efficiently this season, according to Lewis of The New York Post (subscription required). “I definitely keep receipts,” Thomas told Sports+ this week. “Everybody uses different stuff as motivation. So, you know, I have a lot of stuff I’m going to use for motivation this year. And we’ll see how that goes for us. But I’m definitely ready and ready to prove people wrong this year.”
  • In an exclusive interview with Lewis, swingman Ben Simmons says he’s focused on providing leadership to a young Nets team and isn’t thinking about what the future might hold. Simmons, a three-time All-Star who has missed most of the past three seasons with back issues, is on an expiring $40.3MM contract. “We have a younger team that I want to help these guys get better. I want to lead by example. I want to compete,” Simmons told The Post. “Jordi [Fernandez] is coming in first year. It’s a big year for him. I want to be a leader on this team. So f– what happens next year, and what contract I get, if I get a contract. I want to do my job while I’m here and be professional and help these guys in any way I can. So who knows? I want to play as long as my body will allow me. So if it’s one year, five years, six years, I don’t know what it is. But I just want to keep going until I can’t anymore.”
  • Simmons also recently spoke to Law Murray of The Athletic about what roles he might play for the Nets this season, assuming he stays healthy, which is obviously a major question mark. The 28-year-old sounds more open to playing frontcourt minutes than he has in the past. “I’m an older guy now,” Simmons said. “I’m pretty strong down there. … I’m always up for that challenge. I think it’s just one of those things where, if your name is called to do a job, then you step up and try and do it to the best of your ability. So that’s what I’m going to do every night and try and contribute and do the best I can.”
  • Rookie second-rounder Tyler Kolek is soaking up wisdom from the veterans on the Knicks‘ roster as he adjusts to the NBA, writes Steve Popper of Newsday (subscriber link). “All the vets, just leaning on them, they’ve been there before,” Kolek said. “They know how this works. I’m kind of coming into this blind. Three years in college, each year I knew what to expect. Coming into this league I don’t really know what to expect, so just really leaning on those guys, leaning on my teammates to guide me through.”
  • Stefan Bondy of The New York Post explains how the Knicks‘ improved relationship with Klutch Sports played a significant role in the team’s blockbuster trade for Karl-Anthony Towns.

New York Notes: Achiuwa, Anunoby, Simmons, Williams

Precious Achiuwa had to wait until the end of July to re-sign with the Knicks as a free agent due in part to the team’s salary cap issues. Achiuwa will hit the free agent market once again next summer after signing a one-year, $6MM deal but he could pump up his value in a reserve role this season, according to Stefan Bondy of the New York Post.

Achiuwa projects as the main frontcourt reserve until Mitchell Robinson returns from ankle surgery.

“I know I’m versatile. Playing the power forward, the center, the versatility of my game stands out the most,” Achiuwa said. “And last year I was able to show a lot of people that I was able to do a lot of different things.”

Robinson’s tentative timeline to get back in action is sometime in December or January.

We have more on the New York teams:

  • OG Anunoby missed chunks of time in the regular season and postseason due to injuries after the Knicks acquired him from the Raptors last season. The defensive ace is healthy this preseason and coach Tom Thibodeau basically looks at it as a fresh start. “He missed a lot of time last year. … So we still got to get reacclimated to everything we’re doing,” he said of Anunoby, according to Peter Botte of the New York Post. “Obviously you start at a zero base and you build. And that’s where we are. We’re building right now, but we have to understand that you build together. And so you’re asking everyone to share the floor, share the ball, and then be committed together defensively. And so that’s what we’re working on.”
  • The Nets’ Ben Simmons will be a free agent after this season but that’s not what he’s thinking about. He just wants to be a productive player and good teammate, he told Brian Lewis of the New York Post. “We have a younger team that I want to help these guys get better. I want to lead by example. I want to compete,” Simmons said. “(Head coach) Jordi (Fernandez) is coming in first year. It’s a big year for him. I want to be a leader on this team. So (screw) what happens next year, and what contract I get, if I get a contract. I want to do my job while I’m here and be professional and help these guys in any way I can. So who knows? I want to play as long as my body will allow me. So if it’s one year, five years, six years, I don’t know what it is. But I just want to keep going until I can’t anymore.”
  • Ziaire Williams had 10 points and three steals in 23 minutes during the Nets’ preseason game on Tuesday. He was acquired from Memphis in a salary dump and is looking to establish himself in the league, Lewis writes. “I’m trying to reinvent myself, show people that I belong in this league,” Williams said. “I’m trying to work my hardest every day. Just put all my heart, my soul out there on defensive, and carry that over to the offensive end.” Williams is eligible for a rookie scale extension until October 21, the day before the season begins.

Atlantic Notes: Yabusele, Knicks’ Starters, Shamet, Nets

Guerschon Yabusele scored 15 points for the Sixers in their exhibition game against the New Zealand Breakers on Monday and it was a special night for him, Gina Mizell of the Philadelphia Inquirer writes.

“I’m not going to lie, it felt amazing,” Yabusele said. “It’s been a long road, but happy to be here.”

Yabusele signed a one-year contract with the Sixers in late August. He was selected in the first round of the 2016 draft and played two seasons with the Celtics from 2017-19, but hasn’t appeared in a regular season NBA game in five years. The power forward excelled overseas before joining Philadelphia.

We have more from the Atlantic Division:

  • The Knicks‘ projected starters played anywhere from 13-15 minutes in their preseason opener against Charlotte on Sunday. It’s just a first step as Mikal Bridges and Karl-Anthony Towns try to settle in with their new teammates. “First game, some good, some bad,” coach Tom Thibodeau said, per Zach Braziller of the New York Post. “Obviously, we have a lot of work to do. I figured it would be a little choppy. There are a lot of areas we need to clean up. But there were some good things as well.”
  • Landry Shamet entered Knicks camp on a non-guaranteed contract but the veteran guard is thrilled to be on a contender after spending last season with the rebuilding Wizards. Shamet scored 16 points, including four 3-pointers, in New York’s preseason opener. “I want to win, I want to compete, we all do. Anybody in the NBA that says otherwise is lying,” he told Braziller. “We all want to compete at the highest level. It’s exciting to be here. Last year was last year. It was what it was. I’m excited to be here and move forward and build with this group.”
  • With frontcourt players Day’Ron Sharpe and Trendon Watford sidelined by hamstring injuries, the Nets will look at some smaller lineups in the preseason, according to Brian Lewis of the New York Post.  “It just forced us to do something that actually we wanted to do sooner or later; so might as well do it the sooner the better,” first-year coach Jordi Fernandez said.

And-Ones: G League Trades, Charania, Breakout Candidates, More

A pair of teams have acquired the G League rights for players who are in camp with them on Exhibit 10 contracts.

The Wisconsin Herd (Bucks) sent Marquese Chriss‘ rights and a 2025 first-round pick to the Birmingham Squadron (Pelicans) in exchange for Liam Robbins‘ rights (Twitter link), while the Raptors 905 are receiving Jared Rhoden‘s rights from the College Park Skyhawks (Hawks) in exchange for the rights to Omari Moore and a 2025 first-rounder (Twitter link via Blake Murphy of Sportsnet).

Robbins is currently on Milwaukee’s preseason roster, while Rhoden is under contract with Toronto.

In other G League trade news, the Austin Spurs announced (via Twitter) that they’ve sent the returning rights for Yauhen Massalski to the San Diego Clippers in exchange for a 2025 second-round pick, while the Cleveland Charge (Cavaliers) acquired Elijah Hughes‘ rights from the Wisconsin Herd (Bucks) in exchange for the rights to Sam Merrill and a 2025 second-rounder.

Trading away Merrill’s returning rights won’t mean anything for the Cavaliers as long as he remains on Cleveland’s NBA roster, but if he were to be waived down the road, the Bucks’ affiliate would have first dibs on him as a G Leaguer.

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

  • Shams Charania, who has spent the past few years with The Athletic, is making the move to ESPN to replace Adrian Wojnarowski as the network’s senior NBA insider, Charania announced on Twitter. Recent reporting suggested that ESPN news-breakers currently covering other sports – including Jeff Passan (MLB) or Adam Schefter (NFL) – were among the candidates being considered to replace Wojnarowski, but Charania was always the more logical choice, given his lengthy history of major NBA scoops.
  • In an Insider-only story for ESPN, Jeremy Woo identifies 11 players he believes are prime breakout candidates in 2024/25. Woo’s 11 candidates fall into four groups: players who could make the leap to an All-Star level, such as Cavaliers big man Evan Mobley; players who could ascend to borderline All-Stars, like Hawks forward Jalen Johnson; players who will benefit from taking on larger roles, including Bulls guard Josh Giddey; and role players who could make bigger impacts, such as Kings guard Keon Ellis.
  • Kurt Helin of NBC Sports predicts the 10 players most likely to be traded in 2024/25, ranging from big names like Brandon Ingram and Zach LaVine to role players such as Bruce Brown and Jonas Valanciunas. Three of the players in Helin’s top 10 – Bojan Bogdanovic, Dorian Finney-Smith, and Cameron Johnson – are currently members of the Nets.