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Nets Waive Yogi Ferrell; Roster Down To 15

The Nets have requested waivers on rookie guard Yogi Ferrell, the team announced today in a press release. The move reduces Brooklyn’s roster from 16 players to 15, meaning the club is now ready for the regular season.

[RELATED: Nets waive Chase Budinger, three others]

Ferrell, who signed with the Nets this summer as an undrafted free agent, started all four years while attending Indiana, averaging 17.3 points, 5.6 assists and 1.1 steals per game during his senior season. During the preseason, the 23-year-old played sparingly for the Nets, appearing in three exhibition games and getting on the floor for a total of 28 minutes in those contests.

The deal Ferrell signed with Brooklyn in August featured a guarantee worth $100K, and there’s a good chance he’ll end up playing for the team’s D-League affiliate, the Long Island Nets, if he’s not claimed or signed by another NBA team.

Barring any last-minute roster moves, the Nets will head into the regular season with all 15 players on their roster on guaranteed contracts. That will reduce the team’s flexibility to a certain extent, but Brooklyn is well below the salary floor, so if the club needs to waive one of those players and eat a guaranteed salary at some point, it shouldn’t be an issue.

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