The Nets are guaranteeing Royce O’Neale‘s $9.5MM contract for 2023/24, league sources tell Michael Scotto of HoopsHype (Twitter link).
O’Neale’s contract for next season had a partial guarantee of $2.5MM. As our tracker of early salary guarantee dates shows, Brooklyn had until today to determine whether or not to guarantee his full $9.5MM salary. According to Scotto, the Nets are keeping him around, which isn’t a surprise.
A veteran forward who played internationally for a few seasons after going undrafted out of Baylor, O’Neale got his NBA start with Utah, spending five seasons with the Jazz until they traded him to the Nets last summer.
The 30-year-old appeared in 76 games (53 starts, 31.7 MPG) last season, averaging 8.8 PPG, 5.1 RPG, 3.7 APG and 0.9 SPG on .386/.389/.725 shooting.
O’Neale’s name has popped up in trade rumors over the past few weeks, and guaranteeing his mid-sized expiring contract means the Nets will be able to continue to explore the possibility of moving him, if they so choose.
Their next decision is with Edmond Sumner who I think should stay around. I hear that his skillset overlaps Lonnie Walker’s, but he’d be getting close to the minimum and is very good if healthy.