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RaiQuan Gray

Nets Waive RaiQuan Gray

July 18th, 2023 at 2:34pm CST by Luke Adams

The Nets have officially waived forward RaiQuan Gray, the team announced today (Twitter link). Gray had been on a two-way contract with the team.

The 59th overall pick in the 2021 draft out of Florida State, Gray spent his first professional season in the G League with the Long Island Nets. He signed a training camp contract with Brooklyn in the fall of 2022 but didn’t make the regular season roster and was cut before opening night, ultimately spending a second season in Long Island before being promoted to a two-way deal during the final week of the 2022/23 season in April.

After an underwhelming rookie season at the G League level, Gray emerged as a full-time starter this past year, averaging 15.4 PPG, 7.6 RPG, and 2.6 APG with a .578/.382/.629 shooting line in 18 games (30.6 MPG).

Because the two-way deal he signed in the spring included a second year, Gray remained under contract with the Nets when the ’22/23 league year ended and the ’23/24 league year began. However, it seems he wasn’t in the team’s plans for the coming season after all.

With Gray on waivers, Brooklyn now has Jalen Wilson and Armoni Brooks, who signed with the team today, on two-way contracts.

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Contract Details: Samanic, Carey, Lakers, Cauley-Stein, More

April 11th, 2023 at 7:05am CST by Luke Adams

The Jazz used a portion of their mid-level exception to give Luka Samanic a rest-of-season salary of $432,795 on his new two-year deal, Hoops Rumors has learned. A minimum salary for 2022/23 for the final three days of the season would have paid Samanic just $32,795, so Utah took advantage of its flexibility with the MLE to give him significantly more than that.

In return, the Jazz will have Samanic under contract for a non-guaranteed minimum salary in 2023/24. His $2.07MM cap hit would become partially guaranteed for $400K if he isn’t waived on or before July 18. That partial guarantee would increase to $600K after October 23.

Vernon Carey Jr., the other player who signed with the Jazz during the season’s final weekend, also got a portion of the team’s mid-level exception, receiving $100K for the end of the 2022/23 season. Like Samanic, Carey has a non-guaranteed minimum salary for 2023/24 on his new deal. He doesn’t have any offseason guarantee dates, but would be assured of receiving his full ’23/24 salary (approximately $2MM) if he remains under contract through October 23.

We have a few more details on recently signed contracts:

  • Both Tristan Thompson and Shaquille Harrison signed minimum-salary contracts with the Lakers, but Thompson’s deal only covers the rest of this season, while Harrison’s includes a non-guaranteed salary for 2023/24.
  • The contract that Willie Cauley-Stein signed with the Rockets on the final day of the regular season was just a one-year deal, so he’ll be an unrestricted free agent again this summer.
  • Kobi Simmons received a two-year, minimum-salary deal with a non-guaranteed 2023/24 salary when he was promoted to the Hornets‘ standard roster from his two-way contract.
  • The two-way contracts recently signed by RaiQuan Gray (Nets), Dereon Seabron (Pelicans), Jacob Gilyard (Grizzlies), and Xavier Sneed (Hornets) all include a second year.
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Atlantic Notes: Randle, Maxey, Gray, Mazzulla

April 10th, 2023 at 11:08pm CST by Alex Kirschenbaum

Injured All-Star Knicks power forward Julius Randle is now out of the protective walking boot he had worn since spraining his left ankle on March 29, writes Steve Popper of Newsday.

“Yeah, just the next step, following the protocol progression,” New York head coach Tom Thibodeau said of Randle’s departure from the boot. “So making good, steady progress.”

Popper notes that the team is hopeful Randle can return at some point during the postseason. The first game of the Knicks’ Eastern Conference quarterfinals matchup against the Cavaliers is scheduled for this Saturday.

There’s more out of the Atlantic Division:

  • Sixers guard Tyrese Maxey has had a 2022/23 season filled with peaks and valleys. At one point, he was demoted to a bench role in favor of De’Anthony Melton due to Melton’s defensive play. Gina Mizell of The Philadelphia Inquirer unpacks how Maxey bounced back to once again becoming the team’s starting shooting guard. Maxey missed roughly six weeks of action due to fracturing a foot in November, and was relatively unaggressive upon his return. A pair of no-nonsense chats in February with All-NBA Philadelphia center Joel Embiid, who encouraged the third-year guard to look for his own shot more often, helped galvanize his resurgence. Maxey rejoined the club’s starting five on March 2. “I was just in a weird space mentally,” Maxey said of the slump. “Once I got out of that, I think I’ve helped us try to win games and came back to being myself. I feel like this was the same type of pace I was on at the beginning of the year, before I got hurt.” 
  • The Nets’ new two-way signing, RaiQuan Gray, enjoyed a terrific debut game with Brooklyn on Sunday, scoring 16 points on 50% shooting, pulling down nine rebounds, dishing seven dimes and rejecting one shot. Net Income of Nets Daily unpacks potential next steps for the 23-year-old rookie. Net Income believes Brooklyn will extend a qualifying offer to Gray by the June 29 deadline and anticipates he will suit up for the team’s Summer League club in July.
  • First-year Celtics head coach Joe Mazzulla is looking forward to facing Boston’s playoff challenges head-on, writes Steve Bulpett of Heavy.com. “Listen, you can’t run away from the fact that the playoffs have a different consequence,” Mazzulla told Bulpett. “But the bigger things are, the more simple they are. So my goals are to do the same things I’ve done all season — rely on my staff, rely on the players and rely on the experience that I’ve had, because I’ve worked for great people… Our locker room is really intact, and I think that’s just as important as anything else.”
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RaiQuan Gray Signs Two-Way Deal With Nets

April 8th, 2023 at 1:22pm CST by Alex Kirschenbaum

Free agent power forward RaiQuan Gray has signed a two-way contract with the Nets, the team announced in a press statement.

The Nets previously drafted Gray with the No. 59 pick out of Florida State in 2021. Ever since, the 6’8″ big man has been playing for the Long Island Nets, Brooklyn’s NBAGL affiliate.

Across 18 regular season games with Long Island this season, all starts, Gray averaged 15.4 PPG, 7.6 RPG, 2.6 APG, 1.6 SPG and 0.6 BPG. He boasted shooting splits of .578/.382/.629 in those contests.

The Nets had an open two-way roster spot after elevating David Duke to their standard roster on Friday, so no correlating move needs to be executed to accommodate Gray. He will join incumbent two-way player Dru Smith, a 6’3″ shooting guard who has appeared in 14 games with Brooklyn proper this season.

Gray could theoretically be promoted to the playoff-bound Nets’ standard roster until the last day of the 2022/23 regular season, which is tomorrow, but Brooklyn would need to cut a current player to make room for his addition.

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Nets Waive Chris Chiozza, RaiQuan Gray

October 15th, 2022 at 10:18am CST by Dana Gauruder

The Nets pared down to the 15-man regular season roster limit by waiving guard Chris Chiozza and forward RaiQuan Gray, according to a team press release.

Chiozza was signed an Exhibit 10 contract last month and could return to the Nets’ G League team in Long Island if he isn’t claimed.  The same goes for Gray, who was also on an Exhibit 10 deal. Both players are eligible for a $50K bonus if they spend at least 60 days with the Long Island club.

Chiozza appeared in two preseason games. He has 91 regular season NBA games under his belt, including 40 with the Nets from 2019-21. He saw action in 10 playoff games with Brooklyn during that span. He has also played for the Warriors, Wizards and Rockets with career averages of 3.3 PPG and 2.4 APG in 11.4 MPG.

Gray saw action in one preseason game. The No. 59 overall pick in the 2021 draft out of Florida State, Gray signed a G League contract last fall and spent his first professional season with the Long Island Nets. In 26 regular season NBAGL games (22.8 MPG), the 6’8″ forward averaged 6.3 PPG, 6.4 RPG, and 3.0 APG on .441/.240/.821 shooting.

Brooklyn could potentially tweak its roster before opening night if it so desires, but the team is currently carrying 15 players on standard contracts and a pair on two-way deals.

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Contract Details: Lakers, Galloway, DSJ, McCollum, More

September 30th, 2022 at 7:59am CST by Luke Adams

When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.

Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.

As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.

Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.

Here are a few more contract details from around the NBA:

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Nets Re-Sign RaiQuan Gray

September 27th, 2022 at 7:47am CST by Luke Adams

The Nets have officially set their training camp roster by re-signing 2021 second-round pick RaiQuan Gray, the team announced in a press release late on Monday night.

The No. 59 overall pick in the 2021 draft out of Florida State, Gray signed a G League contract last fall and spent his first professional season with the Long Island Nets, Brooklyn’s affiliate. In 26 regular season NBAGL games (22.8 MPG), the 6’8″ forward averaged 6.3 PPG, 6.4 RPG, and 3.0 APG on .441/.240/.821 shooting.

Brooklyn initially signed and then waived Gray earlier this month. The team did the same thing with another 2021 second-rounder, Marcus Zegarowski, and has now brought back both players on training camp deals.

There has been no word from the Nets on what their plans for Gray and Zegarowski are, but our best guess is that the team reached a compromise with the duo — if they agreed to return to Long Island for a second year, the Nets would forfeit their exclusive NBA rights to the two players and re-sign them to Exhibit 10 contracts, ensuring they’ll receive bonuses worth up to $50K if they spend at least 60 days with Brooklyn’s G League affiliate.

Again, that’s just speculation, so we’ll see how things play out in the coming weeks, but it would be an uphill battle for Gray or Zegarowski to claim a spot on Brooklyn’s 15-man regular season roster. The team is carrying 12 players on fully guaranteed salaries, with Markieff Morris and Edmond Sumner looking like good bets to join those 12 on the regular season squad.

The Nets may leave their 15th spot open when the season begins to maximize their flexibility and avoid further increasing their tax bill. If they do carry a 15th man, Yuta Watanabe may be the favorite to claim that spot.

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Nets Sign, Waive RaiQuan Gray

September 23rd, 2022 at 7:55am CST by Luke Adams

The Nets signed and then waived 2021 second-round pick RaiQuan Gray, according to the official transaction log at RealGM.com.

The No. 59 overall pick in last year’s draft out of Florida State, Gray signed a G League contract and spent his first professional season with the Long Island Nets, Brooklyn’s affiliate. In 26 regular season NBAGL games (22.8 MPG), the 6’8″ forward averaged 6.3 PPG, 6.4 RPG, and 3.0 APG on .441/.240/.821 shooting.

The Nets still held Gray’s exclusive NBA rights entering this offseason. However, teams are required to submit a tender – essentially a non-guaranteed one-year contract – to players whose draft rights they hold in order to retain those rights. It appears that Gray signed that tender and then was waived by Brooklyn, freeing him up to seek new opportunities.

This is essentially the same thing that happened with another Nets second-rounder, Marcus Zegarowski, earlier this week. Zegarowski is now an unrestricted free agent and Gray will join him on the open market, assuming he clears waivers on Saturday. There’s no indication that either player received an Exhibit 10 contract from Brooklyn, so I wouldn’t count on them returning to Long Island in 2022/23.

The Nets still have 18 players under contract with training camp around the corner, including 12 on guaranteed salaries, four on partially guaranteed or non-guaranteed deals, and a pair on two-way contracts.

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Nets Notes: Irving, Simmons, Durant, Sumner, Claxton, Gray

July 11th, 2022 at 4:01pm CST by Luke Adams

Nets wing Cam Thomas isn’t letting the drama surrounding Kyrie Irving affect his outlook for the 2022/23 season and said this weekend that he won’t think any less of his star teammate if Kyrie pushes to be traded elsewhere, per Brian Lewis of The New York Post. Irving has been spotted at multiple Las Vegas Summer League games, but didn’t attend the Nets’ contests on Friday or Sunday.

“Kyrie’s my guy. Whatever’s his choices, that’s a choice,” Thomas said. “So I still keep in contact with him. That’s my guy. So whatever he does, that’ll still be my guy, my brother. So, it is what it is; it’s part of the business.”

While Thomas said he wasn’t bothered by Irving not showing up to the Nets’ Summer League games, he did praise three-time All-Star Ben Simmons for coming out to watch some of his young teammates on Sunday vs. Philadelphia.

“Yeah that’s big to have somebody of that stature come out and support us as the young guys. That makes us feel good. It makes us happy to play,” Thomas said. “So kudos to Ben for coming out here and watching us play.”

Here’s more on the Nets:

  • Nets general manager Sean Marks and Heat GM Andy Elisburg were seen talking in Las Vegas on Monday, according to Barry Jackson of The Miami Herald (Twitter links), who says the two GMs are “going beyond cursory conversation” by dining together. Miami is, of course, considered one of Kevin Durant‘s preferred landing spots, so any discussions between the two front offices are worth keeping an eye on.
  • The new contract Edmond Sumner signed with the Nets is a two-year, minimum-salary contract, according to Michael Scotto of HoopsHype, who tweets that the second year is non-guaranteed.
  • Nic Claxton‘s new two-year contract with Brooklyn, initially reported to be worth $20MM, actually has a base value of $17.25MM, tweets Keith Smith of Spotrac. The deal includes $2,587,500 in total unlikely incentives, so if Claxton earns all those bonuses, he could end up making nearly $20MM across the two seasons.
  • A second-round pick in 2021, forward RaiQuan Gray signed a G League contract and spent his rookie season with the Long Island Nets in the G League, so Brooklyn still controls his NBA rights. As Lewis writes for The New York Post, Gray has worked hard to get into better shape and show the Nets that he deserves a shot at an NBA roster spot this fall.
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Nets’ Zegarowski, Gray Sign G League Contracts

October 26th, 2021 at 9:20am CST by Luke Adams

Nets 2021 second-round picks Marcus Zegarowski and RaiQuan Gray are among the players on the training camp roster announced on Monday by the Long Island Nets – Brooklyn’s G League affiliate – for the 2021/22 G League season.

Zegarowski (this year’s No. 49 pick) and Gray (No. 59) were the only two 2021 draftees who hadn’t either signed an NBA contract or headed overseas for their rookie seasons, so our assumption had been that they would sign G League contracts and report to Long Island. The team’s announcement this week confirms that’s the case.

The “draft rights player” rule allows a G League club to add a player who was drafted by its parent NBA team, assuming that player signs an NBAGL contract. If a player takes that path, his NBA rights are retained by the team that drafted him, as if he were a draft-and-stash prospect.

In other words, Brooklyn could sign Zegarowski or Gray to a standard or two-way contract at some point down the road, but no other NBA team would be able to do so unless Brooklyn renounces their rights.

Taking the G League route has had mixed results for second-round picks in recent years. Isaiah Hartenstein earned an NBA contract with Houston in 2018 after playing for the Rockets’ G League affiliate as a rookie, and Kevin Hervey got a two-way deal with the Thunder in 2019 after spending a year in the NBAGL.

However, Jaron Blossomgame (Spurs), Justin Jackson (Magic), and Jaylen Hands (Nets) are among the recent draftees who never played an NBA game for the teams that drafted them after signing first-year G League contracts. While Blossomgame appeared in 27 games for Cleveland, Jackson and Hands still haven’t seen any action at the NBA level.

Chuma Okeke (Magic) and Vit Krejci (Thunder) got NBA contracts after signing G League deals as rookies, but both players were coming off major injuries and only started in the NBAGL for rehab purposes.

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