Nets Rumors

Extension Rumors: Nets, Hyland, Mitchell

Three Nets players — Cam Thomas, Day’Ron Sharpe and Ziaire Williams — are eligible for rookie scale extensions until Monday at 5:00 pm CT. Sources tell Brian Lewis of The New York Post (Twitter link) that none of the three are expected to reach agreements, which means the trio will hit restricted free agency next summer if they receive qualifying offers.

Thomas, who turned 23 years old last week, led Brooklyn in scoring last season (22.5 PPG) and could see his role expand further after the Nets traded Mikal Bridges in the offseason. Sharpe has spent most of the past three seasons as Brooklyn’s backup center, while former lottery pick Williams was acquired in an offseason trade with Memphis (it was a salary dump for the Grizzlies).

The Nets project to be one of the few teams with significant cap room in 2025 free agency, so Lewis’ report isn’t exactly surprising, but it’s certainly noteworthy that they seem to be aiming to preserve as much financial flexibility as possible heading into the 2025/26 league year.

Here are a couple more rookie scale extension rumors heading into today’s deadline:

  • Fourth-year guard Bones Hyland will not be signing an extension with the Clippers, according to NBA insider Chris Haynes (Twitter link). Hyland only appeared in 37 games last season, posting career lows in most major statistics, and was reportedly unhappy with his limited role. He’ll earn $4.16MM in ’24/25 ahead of possible restricted free agency next summer.
  • The Raptors and point guard Davion Mitchell are not expected to reach an agreement on an extension, tweets Michael Grange of Sportsnet.ca. The No. 9 overall pick of the 2021 draft, Mitchell was sent to Toronto from Sacramento in a salary-dump deal over the offseason. As Grange observes, holding off on a new contract makes some sense for both parties — Mitchell will get a chance to prove his value, while the Raptors will get a full season to evaluate whether the former Baylor star should be in their plans going forward. Like the other players mentioned, Mitchell will be a RFA in 2025 if he’s tendered a qualifying offer.

New York Notes: Achiuwa, McBride, Hart, Johnson, Hayes

Precious Achiuwa struck an optimistic tone regarding his hamstring injury. In a video posted by New York Basketball (Twitter link), the Knicks big man called it a “minor setback.”

“We’ll get back better, stronger. It’s just a minor setback,” he said. “We still have the same agenda. Gonna come back a lot stronger…We have a goal to accomplish this year.”

Achiuwa has a left hamstring strain and will be reevaluated in two-to-four weeks.

We have more on the New York teams:

  • Miles McBride and Achiuwa are the logical alternatives for the starting five if the Knicks choose to make Josh Hart a sixth man, according to Peter Botte of the New York Post. With Achiuwa injured, the Knicks could temporarily pivot to Jericho Sims if they want to utilize a bigger starting lineup. Hart expressed some uncertainty at the end of the preseason about his role in New York’s new-look lineup.
  • Cameron Johnson, who is entering the second year of a four-year, $94MM contract, is a logical trade candidate. Johnson has tried to put that possibility out of his mind as the season opener looms, the Nets forward told Zach Braziller of the New York Post. “I’ve been able to feel comfortable in what’s going on,” he said. “And even with the uncertainty, it’s not like an uncertainty where I don’t think that our staff here, our front office here, has a lack of trust in me. So I feel confident in this group. I feel confident going forward. And I’m going to compete for this team. And it’s not even on my mind, really.”
  • The Nets waived Killian Hayes on Saturday but he’ll stay with the organization, at least in the short term, Botte adds. Hayes, who didn’t appear in any preseason games due to a hip injury, will rehab with the team’s G League affiliate, the Long Island Nets. He is expected to play for them after he clears waivers.

Nets Notes: Claxton, Finney-Smith, Johnson, Milton, Fernandez

Several Nets players sat out Friday’s preseason finale, but the team expects Nic Claxton and Dorian Finney-Smith to be ready when the season tips off Wednesday in Atlanta, writes Brian Lewis of The New York Post. Claxton has been dealing with hamstring soreness, and coach Jordi Fernandez has been careful not to overextend him throughout the preseason.

“Nic is close. We’re still aiming for the first game of the season,” Fernandez said. “He’s done a good job. He’s working hard. So we expect him to play the season opener.”

Finney-Smith was held out after landing on his back on a collision in Wednesday’s game, but his coach doesn’t believe it will affect his status for opening night.

“Hard fall. Nothing serious. Just precaution,” Fernandez said. “He’s one of the guys that he still would go and run through the wall, and you’ve got to tell him to rest because his body is sore.”

Day’Ron Sharpe remains sidelined with a strained left hamstring and Bojan Bogdanovic is still recovering from offseason surgeries on his left foot and wrist. They both missed the entire preseason, and Lewis says neither one is close to returning.

There’s more from Brooklyn:

  • Cameron Johnson displayed his versatility this week, handing out six assists while running the offense out of the high post in Wednesday’s game and then scoring 32 points in 32 minutes on Friday, Lewis adds in the same piece. “I expect to do it all season,” Johnson said. “I think interchangeability is what we’re looking for.” 
  • The Nets need to find a reliable backup point guard for nights when Dennis Schröder and Ben Simmons aren’t both available, Lewis states in a separate story. One option is Shake Milton, who was acquired from New York in the Mikal Bridges trade and has been given a chance to run the offense during the preseason. “Not really an adjustment at all,” he said. “I feel like I’ve been doing that since I got in the league, being on the ball and off the ball, so being able to do whatever the team needs me to do is honestly more important. That’s just how you’re able to create opportunities, whether it’s on the ball and creating for myself or others or off the ball, getting aggressive, just whatever needs to be done.”
  • Fernandez is focused on building relationships in his first season as an NBA head coach. He explains his philosophy to Lewis in another piece for the New York Post.

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.