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.