Nets Rumors

Eastern Notes: Giannis, Nets, Hawks, Pistons

In the wake of Tuesday reports stating that Giannis Antetokounmpo is looking forward to teaming up with Myles Turner while not being “pleased” about how Damian Lillard‘s release was handled, Shams Charnaia of ESPN (YouTube link) stressed that the Bucks star won’t be making any decisions on his future simply based on what happened on July 1.

“I’m told Giannis Antetokounmpo will continue to evaluate everything. The entire offseason,” Charania said. “He took notice of this move, no doubt, but sources tell me he will evaluate more than just one day. And at the end of the offseason, my understanding is Giannis Antetokounmpo will ask himself, he’ll look in the mirror, he’ll look around him, and ask the question, ‘Can I win a championship – a second championship – with this team as currently constructed?'”

While Antetokounmpo may take some time to make a final decision on what his future holds – ESPN’s Ramona Shelburne (Twitter video link) speculates that it might not happen until August or September – Tuesday’s activity will significantly limit the Bucks’ ability to continue being active in free agency.

As John Hollinger and Eric Nehm of The Athletic detail, Milwaukee had to make a series of moves beyond waiving and stretching Lillard’s contract just to create the cap space necessary to land Turner and is subsequently expected to use its room exception to re-sign Kevin Porter and Gary Trent. That would leave the Bucks only able to make minimum-salary signings, though the team does still have one movable first-round pick (either 2031 or 2032) that could be dangled in trade talks.

There’s more out of the Eastern Conference:

  • The Nets made NBA history when they selected five players in the first round of the 2025 draft. Now, Brooklyn faces a unique challenge when it comes to finding a way to develop everyone in the short term alongside the club’s already-youthful roster, observes Brian Lewis of The New York Post. “They’re going to have to earn it,” head coach Jordi Fernandez said. “That’s how it should be. They’ll put the work in. They’ve already shown who they are. That’s why we drafted them… Then it’s going to be my decision to go and put five guys on the court, to have a 10-man rotation and go through the process.”
  • Nets general manager Sean Marks registered his excitement about the additions of rookies Egor Demin, Nolan Traore, Drake Powell, Ben Saraf and Danny Wolf to the fold. “To be able to draft all of them in a draft class we just saw, that was unique,” Marks said, per Lewis. “That was something we want to take advantage of, especially in our build, where we see these young men fitting into our group and into our roster. So, it was about us capitalizing on the hand we were dealt.”
  • Looking to vault up the East standings, the Hawks made a flurry of tactical offseason moves to lift up its current core of All-Star guard Trae Young, rising forward Jalen Johnson, All-Defensive guard Dyson Daniels and 2024 No. 1 draft pick Zaccharie Risacher. Jared Weiss of The Athletic wonders if the additions of center Kristaps Porzingis, wing Nickeil Alexander-Walker, and sharpshooting guard Luke Kennard can help maximize Young as an offensive focal point — or if they’ve also been brought in place to elevate the younger group, led by the 23-year-old Johnson, 22-year-old Daniels, and 20-year-old Risacher. Young, who holds a player option for 2026/27, will become eligible this weekend for an extension worth up to $222MM over four years.
  • The Pistons made a pair of key moves along the wing in free agency, agreeing to deals with former Miami sharpshooter Duncan Robinson and ex-Atlanta reserve Caris LeVert. Omari Sankofa II of The Detroit Free Press (subscriber link) takes a look at the fits of both new additions to a growing young Detroit club. LeVert is an above-average play-maker at his position and can theoretically help spell All-Star Cade Cunningham off the bench, while Robinson elevates the team’s long range shooting.

Luke Adams contributed to this story.

Durant Trade Expected To Be Completed As Seven-Team Deal

When the Suns and Rockets agreed a week-and-a-half ago to a deal that will send Kevin Durant to Houston, they negotiated it as a two-team trade. However, after the July moratorium lifts on Sunday and that trade can be officially completed, it’s expected to be finalized as a seven-team mega-deal, according to ESPN’s Bobby Marks (YouTube link).

Marks specifically mentions the Hawks, Timberwolves, and Nets as teams who will be involved, referencing the Rockets’ sign-and-trade deal for Clint Capela and Atlanta’s sign-and-trade for Nickeil Alexander-Walker as agreements expected to be looped into this trade. Brooklyn made a minor draft-night deal with the Suns that includes a couple picks Phoenix is acquiring from Houston as part of the package for Durant.

While Marks didn’t name all seven teams, Fred Katz of The Athletic says the Warriors and Lakers are expected to play a part in the deal too.

The No. 59 overall pick (Jahmai Mashack) that was originally sent from Houston to Phoenix in the Durant agreement got rerouted by Phoenix to Golden State (who later sent it to Memphis), while No. 36 pick Adou Thiero will end up with the Lakers following a series of swaps involving the Nets, Suns, and Timberwolves.

There may also be a pathway to turning Dorian Finney-Smith‘s four-year, $53MM agreement with Houston into a sign-and-trade from the Lakers, though Katz’s report suggests Finney-Smith (and Alexander-Walker) aren’t being discussed in the current framework.

Theoretically, other previous trade agreements involving some of these teams could be roped in to expand the deal even further if it proves advantageous (or if it just streamlines the process of finalizing trades). We also still have more than 72 hours before the moratorium lifts on Sunday at 11:00 am Central time, so if more deals are reached in the coming days, it’s possible they could be attached to this one too.

To be clear, while putting together these swaps as a single mega-trade could result in minor additional pieces such as cash, a draft-rights player, or a two-way player (Katz mentions Daeqwon Plowden of the Hawks) being involved, it won’t meaningfully alter the players and picks changing hands.

It simply means that several trade agreements previously reported separately will be combined into one move to get them all done at once. That should make life easier for the league, which won’t have to process a bunch of separate trades that include certain players or draft picks.

It also means the trade will likely set a new NBA record for most teams involved in a single deal. That record was set a year ago when six teams got together to complete the transaction that sent Klay Thompson to Dallas, Kyle Anderson and Buddy Hield to Houston, and Josh Green to Charlotte.

Our breakdown of 2025 offseason trades can be found right here if you want to figure out how to get eight, nine, 10, or all 30 teams involved in this deal somehow.

Nets To Re-Sign Tyson Etienne On Two-Way Deal

The Nets are re-signing free agent guard Tyson Etienne to a two-way contract, according to SNY.tv’s Ian Begley (Twitter link).

After spending most of last season in the G League with the Long Island Nets, Etienne earned a promotion to a two-way contract in March. The 6’2″ pro suited up for seven games with Brooklyn down the stretch, averaging 7.9 points, 1.7 assists and 1.3 rebounds per game in seven contests.

Etienne, 25, enjoyed a more prominent role and put up bigger numbers for Long Island. The Wichita State alum showed out in 32 NBAGL regular season games, averaging 19.6 points, 3.4 assists, 3.0 rebounds, and 1.5 steals per night, with an impressive shooting line of .495/.460/.800.

Etienne’s strong 2024/25 season earned him a two-way qualifying offer from the Nets over the weekend, so he’ll likely just accept that QO, which is equivalent to another one-year, two-way contract with a small partial guarantee ($85,300).

Brooklyn only has one other player, forward Tosan Evbuomwan, occupying a two-way slot so far. The Nets do have a contender for the third and final slot in former Alabama forward Grant Nelson, who reportedly agreed to an Exhibit 10 deal with the team after going undrafted.

The Nets made NBA history earlier this offseason by selecting a record five first-round draft picks, led by former BYU swingman Egor Demin with the No. 8 selection. The club is focused on building for the future, and has exhibited a clear willingness to develop young talent.

Nuggets Trading Michael Porter, First-Round Pick To Nets For Cam Johnson

The Nuggets and Nets have agreed to a trade that will send Michael Porter Jr. and an unprotected 2032 first-round pick to the Nets in exchange for Cameron Johnson, reports Shams Charania of ESPN (Twitter link).

The move will create significant cap flexibility for Denver. Porter is owed a little over $79MM across the next two seasons, while Johnson’s contract has a base value of $44MM over those same two years (he also has some unlikely incentives that count toward the tax aprons).

It also looks like a potential on-court upgrade for the Nuggets. While Porter is an extremely talented scorer and shooter who averaged 18.2 points per game on a .504/.395/.768 shooting line in 77 games for Denver in 2024/25, Johnson is considred a strong defender and is a pretty good scorer and shooter in his own right.

Johnson scored a career-high 18.8 points per game on .475/.390/.893 shooting in 57 outings for the Nets this past season. He also set a new career high with 3.4 assists per contest.

The trade will move the Nuggets’ team salary more than $13MM below the first apron, potentially opening up the non-taxpayer mid-level exception to use in free agency, notes Keith Smith of Spotrac (Twitter link). That could be a valuable tool for a Denver team looking to add quality depth to support a strong starting lineup.

The Nets, meanwhile, will use a chunk of their cap room to accommodate Porter’s incoming salary — if they had been operating over the cap, they wouldn’t be able to swap Johnson straight up for MPJ and his $38.3MM cap hit.

The move will reduce their cap room to about $17MM, tweets ESPN’s Bobby Marks, though that number is fluid, depending on how the team handles its non-guaranteed contracts and whether either of the reported deals for Day’Ron Sharpe and Ziaire Williams go into the room exception.

The unprotected 2032 first-round pick is clearly the prize of the deal for Brooklyn. Nikola Jokic will be 37 years old in 2032, and there’s no guarantee he’ll still be a Nugget anyway, so that pick has a good deal of variability and could turn into a very valuable asset.

Still, the Nets don’t view Porter as a mere salary dump. They’re excited about the former lottery pick – who celebrated his 27th birthday on Sunday – and intend to keep him, tweets Ramona Shelburne of ESPN.

Nets To Re-Sign Day’Ron Sharpe To Two-Year Contract

The Nets and free agent center Day’Ron Sharpe are in agreement on a two-year contract worth $12MM, according to Michael Scotto of HoopsHype (Twitter link). The second year of the deal will be a team option.

Sharpe has played a relatively modest rotation role and has battled some health issues since being selected 29th overall in the 2021 draft. In total, he has appeared in 191 games (14 starts) for the Nets across his four professional seasons.

The 23-year-old enjoyed a career year in 2024/25, averaging 7.9 points and 6.6 rebounds in 18.1 minutes per night. Sharpe had one of the NBA’s best offensive rebounding rates and had very strong on/off-court numbers. A Nets team that finished the season with a 26-56 record and a -7.3 net rating outscored its opponents by 2.1 points per 100 possessions when Sharpe was playing, which was – by far – the best mark of any rotation player who finished the season on Brooklyn’s roster.

Based on Sharpe’s promising numbers and his age, I had speculated that an eight-figure annual salary might be within reach for the big man, so the Nets did well to bring him back for a total of $12MM over two years. Another Nets free agent, Ziaire Williams, agreed to identical terms earlier today.

Although Sharpe had been eligible for restricted free agency, the Nets opted not to give him a qualifying offer over the weekend, so he’ll enter the new league year as an unrestricted FA. That was mostly a procedural move in order to maximize Brooklyn’s cap flexibility, since the team still had interest in retaining him, as this new agreement confirms.

Accounting for Williams’ and Sharpe’s tentative deals and Cam Thomas‘ cap hold, the Nets project to have roughly $37MM in cap room available, tweets ESPN’s Bobby Marks. That number could increase if the team uses its $8.8MM room exception to re-sign either Williams or Sharpe.

Nets, Ziaire Williams Agree To Two-Year Deal

Free agent wing Ziaire Williams has agreed to sign a two-year, $12MM contract to remain with the Nets, reports Shams Charania of ESPN (Twitter links). According to Charania, the second year of the deal will be a team option.

Williams, a former No. 10 overall pick who was acquired from Memphis in a trade last offseason, averaged 10.0 points and 4.6 rebounds in 24.5 minutes per game across 63 outings (45 starts) for Brooklyn in 2024/25.

While his 34.1% three-point percentage wasn’t great for a wing, it was a noticeable step up from the 30.1% mark he posted in his first three NBA seasons, and he showed off impressive defensive versatility, even handling center duties in a pinch.

The Nets opted against tendering Williams an $8.35MM qualifying offer that would have made him a restricted free agent, but that was more about their cap management than their level of interest in a new deal with the 23-year-old. As an RFA, he would have had a cap hold exceeding $18MM, cutting into Brooklyn’s projected cap space in free agency.

Now, the Nets will just have to earmark a small portion of cap room (likely between $5-6MM, based on the terms reported by Charania) to bring back Williams. The team could also fit his new contract into the $8.8MM room exception.

The second-year team option will also give Brooklyn some flexibility next offseason, though it’s still to be determined whether the club intends to open up significant cap room again in 2026.

A player who re-signs with his previous team on a one-year contract or a two-year deal that includes a second-year team option typically has the right to veto a trade during the following season. However, a player can agree to give up that right as part of the contract negotiation. It’s not yet known whether Williams will do so.

In the wake of Sunday’s player and team option decisions, Williams had moved up to No. 43 on our list of 2025’s top 50 free agents.

QO Updates: J. Walker, A. Mitchell, Two-Ways, Mann

The Trail Blazers opted not to tender forward Jabari Walker a qualifying offer prior to Sunday’s deadline, reports Sean Highkin of The Rose Garden Report (Twitter link). As a result, Walker will become an unrestricted free agent.

Walker put up solid numbers in a limited role for Portland last season, averaging 5.2 points and 3.5 rebounds in 12.5 minutes per game, with a .515/.389/.690 shooting line, across 60 appearances. However, his playing time dropped off significantly from the previous year, a signal that the Blazers were prioritizing other young players over the 22-year-old.

Meanwhile, the Thunder issued Ajay Mitchell a qualifying offer, according to Keith Smith of Spotrac (Twitter link), who notes that it’s a procedural move for Oklahoma City, since the second-year guard has already agreed to sign a three-year, $9MM contract with the team. The QO will just ensure he’s a restricted free agent when free agency opens — he’ll be able to officially finalize that new deal on July 6.

The following players who finished the 2024/25 season on two-way contracts also received qualifying offers ahead of Sunday’s deadline, per Smith (unless otherwise indicated):

In each of these cases, the player’s qualifying offer is equivalent to another one-year, two-way deal, with a small portion (approximately $85K) guaranteed.

While a rival team could technically sign any of these players to an offer sheet during free agency, we essentially never see that happen with two-way free agents. Most of them end up either accepting their two-way QOs or agreeing to new standard contracts with their current teams.

While it’s possible that news of a qualifying offer slipped through the cracks within the last 24 hours, it appears that RealGM’s official transaction log is up to date with all of the QOs that were issued prior to Sunday’s deadline.

If that’s the case, one notable player who didn’t receive a qualifying offer is Hornets guard Tre Mann. His QO would have been worth about $6.96MM, but if Charlotte didn’t put it on the table, that means he’s on track to be unrestricted when free agency opens later today.

[UPDATE: Mann didn’t receive a qualifying offer, Michael Scotto of HoopsHype confirms (via Twitter).]

We’ll publish our full recap of 2025’s qualifying offer decisions later this morning.

Nets Make Cam Thomas RFA; No QOs For Ziaire WIlliams, Day’Ron Sharpe

The Nets have issued a qualifying offer to guard Cam Thomas, making him a restricted free agent, but have opted to pass on QOs for swingman Ziaire Williams and big man Day’Ron Sharpe, according to Michael Scotto of HoopsHype (all Twitter links).

Brooklyn would still like to work out new deals with Williams and Sharpe, Scotto explains, but tendering them qualifying offers would’ve cut into the team’s cap room, since Williams would have had a cap hold of over $18MM while Sharpe’s would have been nearly $12MM.

Thomas, on the other hand, seems like a good candidate to command a starting salary higher than his $12.1MM cap hold, so giving him a qualifying offer shouldn’t affect Brooklyn’s cap room and will reduce his potential flight risk. As long as they keep that qualifying offer in place and Thomas’ $12.1MM cap hold on their books, the Nets will be able to go over the cap to sign him to a more lucrative deal using his Bird rights, once their cap room has been used up.

Thomas was limited to just 25 appearances in 2024/25 due to hamstring injuries, but continued to show off an elite scoring ability when healthy, averaging a career-high 24.0 points and 3.8 assists per game. His qualifying offer is worth just shy of $6MM.

Williams, who was acquired from Memphis in a trade last offseason, averaged 10.0 points and 4.6 rebounds in 24.5 minutes per game across 63 outings (45 starts). His .341 3PT% wasn’t great, but it was a noticeable step up from the 30.1% mark he posted in his first three NBA seasons, and he showed off his defensive versatility, even handling center duties in a pinch. His QO would have been worth $8.35MM.

Sharpe, who has battled some injuries since entering the league, averaged 7.9 points and 6.6 rebounds in 18.1 minutes per night (50 games) in 2024/25. A Nets team that finished the season with a 26-56 record and a -7.3 net rating outscored its opponents by 2.1 points per 100 possessions when Sharpe was playing, which was – by far – the best mark of any rotation player who finished the season on Brooklyn’s roster. His QO would have been worth $5.98MM.

Although the Nets have interest in retaining Williams and Sharpe, passing on their qualifying offers means they will be unrestricted free agents and Brooklyn will no longer have the right of first refusal if they want to sign with another club.

Nuggets Agree To Deal With Reece Beekman, Won’t Retain PJ Hall

5:12pm: Denver will create a two-way opening by not re-signing Hall, league sources tell Tony Jones of The Athletic (Twitter link). The 23-year-old center out of Clemson spent one year with the team and averaged 1.7 points and 1.2 rebounds in 19 games.

Meanwhile, Durando has removed his report on Beekman agreeing to an Exhibit 10 contract with Denver and now says (via Twitter) that the guard has a Summer League agreement in place with the Nuggets.

Two-way free agents who won’t be retained by their previous team are typically permitted to seek out new Summer League opportunities before the new league year begins, but full-fledged contract agreements with new teams can’t technically be negotiated until 5:00 pm Central time on June 30. I’d still expect Beekman to eventually sign an Exhibit 10 contract with Denver.


4:34pm: The Nuggets will sign Reece Beekman to an Exhibit 10 contract, sources tell Bennett Durando of The Denver Post (Twitter link).

The 23-year-old point guard finished the season as a two-way player with the Nets, and the reported agreement is a strong sign that he won’t receive a qualifying offer from Brooklyn for another two-way contract.

Beekman signed a two-way deal with Golden State last July after going undrafted out of Virginia. He made just two brief appearances for the Warriors before being sent to the Nets in mid-December as part of the Dennis Schröder trade.

Beekman got a larger NBA opportunity after arriving in Brooklyn, appearing in 34 games and averaging 2.7 points, 1.1 rebounds and 1.8 assists in 13.7 minutes per night.

Trey Alexander, PJ Hall and Spencer Jones were Denver’s two-way players when the season ended, but they’re all headed for free agency and aren’t guaranteed to return to the team, so there could be an opportunity for Beekman.

An Exhibit 10 contract can be converted into a two-way deal prior to the start of the regular season. Beekman will be eligible to earn a bonus worth up to $85K if he’s waived and then spends at least 60 days with the Nuggets’ G League affiliate.


Luke Adams contributed to this story.

Lakers Rumors: LeBron, Finney-Smith, Reaves, Luka, Centers

With one day until LeBron James must make a decision on his $52.6MM player option for the 2025/26 season, ESPN’s Dave McMenamin is hearing the same thing his colleague Shams Charania was a month ago: James is expected to exercise that option to play out the final year of his current contract.

James has considered retirement every offseason since 2023, according to McMenamin, but it sounds like he’s committed to playing a record-setting 23rd NBA season in ’25/26. A source familiar with LeBron’s thinking also tells ESPN that he’s not entering next season with “any certainty that it will be his last.”

The other Lakers forward with a player option decision to make, Dorian Finney-Smith, is interested in returning to Los Angeles, a source tells ESPN. However, it sounds like he’ll also have interest in adding multiple years to his current contract, either via opting in and extending or by opting out to sign a new contract. If the only way for him to stay with the Lakers is by picking up his option with no guarantee of an extension, he may test the open market, McMenamin explains.

As McMenamin writes, head coach J.J. Redick trusts Finney-Smith, who was popular in the Lakers’ locker room, so I’d expect the team to try to lock him up. But if he does walk, it would at least open up the $14.1MM non-taxpayer mid-level exception, giving L.A. more options to replace him in free agency, McMenamin notes. The club projects to just have the $5.7MM taxpayer mid-level exception available if James and Finney-Smith return on their option salaries.

Here’s more on the Lakers:

  • The Lakers understood that Austin Reaves would turn down the four-year, $89MM extension offer they put on the table for him, but the team didn’t want to send the wrong signal by not offering it, says McMenamin. According to his sources, the two sides remain motivated to work out a new deal next summer, when Reaves will have the ability to opt out of his current contract.
  • A source close to Luka Doncic tells ESPN that Mark Walter‘s agreement to buy a majority stake in the Lakers was viewed as a positive development from the star guard’s perspective. “You always want the wealthiest owners, so that speaks for itself,” the source said to McMenamin. “And his track record speaks for itself. … (Doncic) wants to win. This owner’s proven that he wants to win. So this is a plus-plus.”
  • McMenamin confirms a couple more Luka-related notes, citing sources who say the former Mavericks star remains motivated by how he was treated on his way out of Dallas, and committed to a training and nutrition program this offseason; and writing that Lakers assistant Greg St. Jean will be a part of the Slovenian national team’s coaching staff this summer as Doncic represents his home country in the EuroBasket tournament. The former was initially reported by Dan Woike of The Athletic, while the latter was first reported by Andrej Miljković of Ekipa24.
  • Addressing the Lakers’ hunt for a center, president of basketball operations Rob Pelinka said during a Thursday night press conference that the team has been “super active” and will “turn over every stone” as it seeks a solution, tweets Woike. Nic Claxton of the Nets and Robert Williams of the Trail Blazers are among the possible trade targets the Lakers have “mulled internally” since last season, according to McMenamin, who also mentions several other previously reported names.