11:48am: The Nets have officially signed Smith to a two-way deal, the team confirmed in a press release.
10:34am: After waiving Alondes Williams on Thursday, the Nets are wasting no time in filling their open two-way contract slot. Brooklyn has agreed to sign G League guard Dru Smith to a two-way deal, according to Shams Charania of The Athletic (Twitter link).
Since going undrafted out of Missouri in 2021, Smith has played primarily for the Sioux Falls Skyforce, the Heat’s G League affiliate. The 25-year-old got a chance to make his NBA debut earlier this season when he earned a two-way deal with Miami, but he was waived in favor of Orlando Robinson, first in November and then again in December.
Although he only logged 67 total minutes in five NBA games in the fall, Smith has been a standout at the G League level for Sioux Falls. In 15 total NBAGL appearances (Showcase Cup and regular season) with the Skyforce, he has averaged 17.8 points, 5.7 assists, 5.6 rebounds, and 2.0 steals in 33.9 minutes per contest, with a shooting line of .485/.368/.750.
Players who sign two-way contracts before the season can be active for up to 50 games, but that limit is prorated for players who sign during the season. We’re at the halfway point of the 174-day NBA season, so if Smith signs within the next day or two, he’ll be eligible to be active for up to 25 games with Brooklyn. He also figures to spend time in the G League with the Long Island Nets.
January 20 is the date when all two-way contracts become guaranteed for the season, so Smith will lock in his rest-of-season salary (approximately $254K) if he remains with the Nets for more than a week.
Damn…well, I guess I knew the Heat couldnt hide him for much longer