2:37pm: Acy’s new contract will pay him $1.79MM for the rest of this season and a non-guaranteed $1.7MM next year, tweets Bobby Marks of The Vertical. That makes the deal worth significantly more than the minimum for this season, with Brooklyn using cap space to complete the signing. The move will bring the team to within about $6.43MM of the salary floor.
JANUARY 30, 1:22pm: The Nets have issued a press release formally confirming that Acy’s new multiyear deal with the team is official.
JANUARY 29, 1:47pm: The Nets will sign power forward Quincy Acy to a two-year deal, Shams Charania of The Vertical reports (on Twitter). It is not yet known how much the contract is worth. Brooklyn had to choose whether or not to sign Acy for at least the remainder of this season, since his second 10-day pact was set to expire.
The cap hit on Acy for this season will be $451K for Brooklyn if it’s a minimum salary deal, Bobby Marks of The Vertical tweets. Acy has played well for Brooklyn and has brought elements of toughness and energy to the squad. He has appeared in 10 games for Brooklyn, averaging 7.0 points and 2.7 rebounds. He has also improved his shot this season.
The Nets orginally signed Acy on January 10th after Brooklyn waived Anthony Bennett. Acy was playing for the D-League’s Texas Legends at the time of the move. Acy appeared in four games with the Nets during his initial contract, playing in more than five minutes in a single contest just once. Acy, who had his best season while being a member of the Knicks in 2014/15, began this season with the Mavericks, but was waived in November when backcourt injuries forced the team to add another guard.