Nets Waiving Thaddeus Young

The Nets aren’t keeping Thaddeus Young after acquiring him from Toronto in the swap that brought Dennis Schröder to Brooklyn. According to HoopsHype’s Michael Scotto (Twitter link), Brooklyn is waiving Young.

The move will clear the roster space necessary to complete Brooklyn’s Royce O’Neale trade. In that move, the Nets are bringing in Keita Bates-Diop and Jordan Goodwin, so they needed to make a cut to avoid exceeding the 15-man roster limit.

Young is on an expiring $8MM contract, meaning if he clears waivers, he’s among the appealing veteran options who are eligible to sign with teams over the tax apron since his contract fall short of the mid-level exception. He won’t be eligible to sign with the Raptors, but any other team could be an option.

Young, 35, averaged 5.0 points, 3.3 rebounds and 2.0 assists this season across 23 games (six starts) with the Raptors this season. Toronto originally acquired Young in a 2022 deadline deal, later re-signing him. He averaged 5.0 PPG in parts of three seasons with the Raptors.

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