Nets Rumors

Latest On Nets, Cam Thomas

Cam Thomas‘ decision to sign his one-year qualifying offer (worth nearly $6MM) was a reflection of the fact that he didn’t receive much external interest as a restricted free agent this summer, numerous scouts and league executives told Brian Lewis of The New York Post.

According to Lewis, Thomas has “fans at the highest level in the Nets front office,” but the team clearly wasn’t willing to bid against itself and evidently wasn’t comfortable offering the 23-year-old a long-term deal.

As Lewis writes, there’s risk for both sides now that Thomas is back under contract. From Brooklyn’s perspective, Thomas has an implied no-trade clause, meaning he would have to approve any deal during the 2025/26 season — if that happens, the team that acquires him would only have his Non-Bird rights.

Thomas, meanwhile, reportedly sacrificed short-term money to keep that built-in no-trade clause. General manager Sean Marks targeted multiple play-making guards during the draft, Lewis notes, and the Nets may prioritize their development over more shots for Thomas.

On a team that’s not trying to win and doesn’t care, if he signs the qualifying offer he runs the risk they don’t feature him after October,” a league source had told The Post before the move. “A team that isn’t trying to win, you’re stuck.”

According to Yossi Gozlan of Third Apron (Substack link), the Nets will be approximately $7MM below the 2025/26 minimum salary floor if they re-sign Ziaire Williams to the same two-year, $12.5MM contract that Day’Ron Sharpe received and waive a few of their non-guaranteed deals before the season begins. That would put Brooklyn in a good position to add assets in another salary-dump deal before the season begins, but a major trade appears unlikely.

Gozlan hears Sharpe will earn $6.25MM each of the next two seasons. As previously reported, the contract features a second-year team option, so it’s only guaranteed for ’25/26.

Nets’ Cam Thomas Signs Qualifying Offer

12:02 pm: Thomas has officially signed his qualifying offer, the Nets announced (via Twitter).


6:59 am: Nets restricted free agent Cam Thomas has decided to sign his one-year qualifying offer worth just under $6MM to return to the team, reports Shams Charania of ESPN.

Reporting since late July indicated that Brooklyn was willing to give Thomas a multiyear deal but that the team wasn’t going beyond two years at roughly $14-15MM per season, with a second-year team option. According to Charania, the Nets also proposed a one-year, $9.5MM contract that could have been worth up to $11MM in incentives, but it would’ve required Thomas to waive his right to veto a trade.

Rather than accepting either of those team-friendly proposals, Thomas will take his chances on a more modest one-year contract that will give him a de facto no-trade clause for the 2025/26 season and will put him on track to become an unrestricted free agent next July.

As Charania points out, while the Nets were the only team to enter this offseason with significant cap room, there could be 10 or more cap-space teams in 2026, creating more options on the open market for a free agent like Thomas.

The 27th overall pick in the 2021 draft out of LSU, Thomas has increased his scoring average in each of his four NBA seasons and put up career highs of 24.0 points and 3.8 assists per game in 2024/25.

However, he was limited to just 25 games last season due to hamstring issues and has been up and down from an efficiency standpoint, with career averages of 43.9% from the floor and 34.9% on three-pointers. He’s also not considered an above-average defender.

As talented as Thomas is as a scorer, his shortcomings in other areas limited his appeal in restricted free agency, and the Nets’ favorable cap position allowed the team to play hardball in negotiations. Having agreed to re-sign other free agents like Day’Ron Sharpe and Ziaire Williams to contracts that aren’t guaranteed beyond 2025/26, Brooklyn was clearly prioritizing its ability to maintain cap flexibility next offseason and wasn’t interested in making a longer-term commitment to the 23-year-old at this time.

If Thomas plays out the 2025/26 season with the Nets, the team will maintain his Bird rights entering next summer. However, if he approves a trade to another club before February’s deadline, his Bird rights wouldn’t go with him — that’s presumably the reason why he turned down Brooklyn’s one-year, $9.5MM offer, which would’ve required him to essentially “pre-approve” a trade. Even if the Nets decide not to re-sign Thomas next July, his Bird rights could be useful in sign-and-trade scenarios.

If Thomas OKs a trade during the season, his new team would have his Non-Bird rights and wouldn’t be able to offer him a starting salary higher than about $7.2MM (120% of his previous salary) next offseason without using cap room or another cap exception.

The Nets will actually open up some cap room as a result of Thomas signing his qualifying offer, since the team had been carrying a cap hold of approximately $12MM for him — that cap hit will be cut in half once he officially puts pen to paper, creating an extra $6MM in spending flexibility for Brooklyn.

Thomas was one of four notable restricted free agents around the NBA whose situation remained unresolved as of Labor Day. We can probably expect resolution for Josh Giddey (Bulls), Jonathan Kuminga (Warriors), and Quentin Grimes (Sixers) at some point this month, since they face an October 1 deadline for accepting their own qualifying offers.

Nets Notes: Porter, Thomas, Lottery Odds, Koch

The Nets are counting on Michael Porter Jr. to provide scoring punch and stretch opposing defenses after acquiring him in an offseason trade with Denver, and he’s confident that he can deliver. In a recent interview with online influencer PlaqueBoyMax (YouTube video link), Porter proclaimed that Warriors guard Stephen Curry is the only NBA player who surpasses him as a long-distance shooter.

“Stephen Curry, that’s the only one I’m giving like a clear elite, can shoot better than me,” Porter said. “There’s dudes that are on the same level. I think Klay Thompson, (Kevin Durant). If I got in the gym (with someone) like Duncan Robinson, he probably can shoot with me. Trae Young, (Damian Lillard). But I think Steph is the only one clearly better.”

Porter has numbers to back up his claims, as he’s coming off one of the best shooting seasons of his career, connecting at 50.4% from the field and 39.5% from three-point range. His ability to knock down outside shots convinced the Nets to take on the nearly $80MM he’ll earn over the next two seasons.

There’s more from Brooklyn:

  • Cam Thomas‘ future with the team remains cloudy following his decision to accept a one-year qualifying offer, according to NetsDaily. The high-scoring guard may find himself pushed down the rotation as the Nets focus on developing their five first-round picks, and the situation could get more contentious as the season wears on. One source called the outcome “another failure in asset management” for the team, while another told the author, “Cam Thomas gets the QO to no surprise. Can’t imagine how many shots he’s going to take this year.”
  • With their roster loaded with young players, the Nets are expected to be among the top contenders for best odds heading into next year’s draft lottery. Peter Botte of The New York Post examines their competition and expects the Jazz, Wizards and Hornets to all be involved in that race to the bottom.
  • Julia Koch and the billionaire Koch family, who own 15% of the Nets’ parent company, BSE Global, have purchased a minority stake in the NFL’s New York Giants, tweets Brian Lewis of The New York Post. BSE Global also owns the WNBA’s New York Liberty and Barclays Center.

Nets Notes: Two-Way Spots, Sharpe, Porter

Even after signing E.J. Liddell to a two-way deal on Wednesday, the Nets still have one open two-way slot to fill. C.J. Holmes of The New York Daily News takes a look at three contenders for the role.

Holmes notes that 6’11” former CBA forward Fanbo Zeng, who reportedly agreed to a deal with Brooklyn in August, looks like a solid modern big man. He averaged 14.7 points, 4.6 rebounds and 1.6 blocks per game with the Beijing Ducks in the Chinese Basketball Association. Zeng also connected on 53% of his field goal attempts and 41% of his triple tries.

Undrafted former Alabama forward Grant Nelson underwhelmed while with the Nets’ Summer League squad, but his energetic play and diverse skill set on offense could give him an NBA-level ceiling.

Recently waived former Mavericks forward Olivier-Maxence Prosper, a first-round draft pick in 2023, is the kind of developmental project Brooklyn could explore too, Holmes adds.

There’s more out of Brooklyn:

  • More details have come to light on re-signed Nets center Day’Ron Sharpe‘s new contract, per Michael Scotto of HoopsHype (Twitter link). According to Scotto, Sharpe’s agreement is actually worth $12.5MM across two seasons instead of the originally reported $12MM. It still includes as a second-year team option, as expected.
  • Since being traded away from Denver earlier this summer, new Nets forward Michael Porter Jr. has been on a veritable tour of podcasts and live streams, sharing some controversial takes. Holmes opines that the 6’10” vet should consider curbing these public appearances. Porter is making $79.4MM across the last two years of his deal, and Holmes suggests that his continued appearances could affect his standing as a positive veteran influence for Brooklyn’s young roster — which includes five rookies.
  • In case you missed it, the Nets remain the only NBA team with cap space available, which they could use in a variety of ways.

Nets Sign Liddell To Two-Way Contract, Finalize Sharpe Deal

The Nets have officially announced a pair of signings, adding free agent forward E.J. Liddell on a two-way contract and finalizing their previously reported deal with free agent big man Day’Ron Sharpe (Twitter links).

Liddell, 24, was the 41st overall pick in the 2022 draft but tore his ACL in the Summer League just a few weeks later, wiping out his rookie season. The 24-year-old has since appeared in just 20 total NBA games for the Pelicans and Bulls and has seen extremely limited playing time. In 76 total NBA minutes across the past two seasons, he has scored 25 points and grabbed 14 rebounds.

However, Liddell has been more productive in the NBA G League, including in 27 outings last season for the Windy City Bulls. He averaged 15.7 points, 6.6 rebounds, and 2.5 assists in 32.3 minutes per game for Chicago’s NBAGL affiliate, posting a shooting line of .472/.361/.661.

Despite technically having been in the NBA for three seasons, Liddell still has two years of two-way eligibility left, since he missed one of those three seasons in its entirety due to an injury. He and Tyson Etienne are Brooklyn’s current two-way players, leaving one slot still open.

Meanwhile, Sharpe’s two-year, $12MM agreement with the Nets was reported was back on June 30, before the free agent period officially opened. The club has been putting off completing that deal – and Ziaire Williams‘ similar two-year, $12MM pact – in order to keep its options open with its cap room.

Still, all indications were that at least one of those two contracts would have to be signed using cap space, since the Nets renounced both players and wouldn’t be able to fit both Sharpe and Williams into their $8.8MM room exception. With that in mind, officially re-signing Sharpe doesn’t significantly impact Brooklyn’s flexibility — the team should still have roughly $16MM in room available.

Eastern Notes: Nets, Celtics, Bulls, Jovic

The Nets still have roughly $16MM in cap space left, according to New York Post’s Brian Lewis, and could still explore ways to add more draft assets from a team looking to dump salary. The Nets have already absorbed the contracts of Michael Porter Jr., Terance Mann and Haywood Highsmith while picking up a 2025 first-round pick (Drake Powell was taken in that spot), the Nuggets’ unprotected 2032 first-round pick and the Heat’s 2032 second-rounder. They are actively looking for more of those opportunities, Lewis reports.

Here’s more from the Eastern Conference:

  • Now that the Celtics ownership has changed hands, will there be a change of venue? The Boston Globe’s Shirley Leung explores that possibility, noting that the new owners are keeping their options open. Currently, the Celtics share TD Garden with the NHL Bruins and rent from Garden owner Delaware North, Leung points out. It might more sense for the franchise to play in a new basketball arena flanked by real estate development in the surrounding area.
  • The Chicago Sun-Times’ Joe Cowley has offered plenty of criticism regarding the Bulls’ front office in recent years. However, Cowley believes that there are other front offices more dysfunctional that the one led by executive VP Arturas Karnisovas and general manager Marc Eversley, placing the Pelicans, Knicks and Suns in that category.
  • Nikola Jovic suffered what appeared to be a minor hand injury in Serbia’s 82-60 EuroBasket victory over the Czech Republic, Ira Winderman of the Sun Sentinel tweets. The Heat forward had 10 points and six rebounds for Serbia, which has already had clinched a spot in the round of 16.

Nets Waive Tosan Evbuomwan

8:00 pm: The move is official, per NBA.com’s transaction log.


2:18 pm: The Nets are waiving Tosan Evbuomwan, according to Michael Scotto of HoopsHype (Twitter link). The former Princeton star had been on a two-way contract with Brooklyn.

A 6’8″ combo forward from England, Evbuomwan went undrafted in 2023 following a standout college career with the Tigers. He signed a two-year two-way deal with the Nets on January 1.

In 28 games with Brooklyn last season, the 24-year-old averaged 9.5 points, 4.3 rebounds, 2.0 assists and 0.9 steals in 23.8 minutes per contest. Evbuomwan’s shooting slash line was .427/.312/.753.

Brian Lewis of The New York Post believes waiving Evbuomwan may be a precursor to a potential trade for the Nets (Twitter link). Two-way deals are non-guaranteed and don’t impact a team’s salary cap, plus the Nets already have a two-way opening, but Lewis is certainly a plugged-in reporter.

Evbuomwan started 2023/24 — his rookie season — in the NBA G League with the Pistons’ affiliate, later inking a 10-day deal with Memphis and 10-day and two-way contracts with Detroit. He appeared in 17 NBA games with the two clubs (21.6 MPG), averaging 5.9 PPG and 3.5 RPG on .507/.375/.680 shooting.

After being cut from his two-way deal by the Pistons last October, Evbuomwan signed an Exhibit 10 deal with the Clippers to secure a G League bonus, which he achieved by spending 60-plus days with the San Diego Clippers. He landed with the Nets a couple months later.

In 31 NBAGL games (33.1 MPG) with the San Diego Clippers and Long Island Nets in ’24/25, Evbuomwan averaged 19.1 PPG, 7.2 RPG and 2.6 APG on .501/.354/.766 shooting.

Atlantic Notes: Simons, Queta, Nets, Sixers

The Celtics are still “very much willing” to discuss Anfernee Simons trade scenarios, one general manager tells Steve Bulpett of Heavy.com. However, another veteran personnel executive suggested that Boston might be better off hanging onto Simons through the start of the regular season.

“Other than Jaylen Brown, there’s not a better scorer than Simons on that roster,” the exec told Bulpett. “I mean, they obviously aren’t going to play the same way they played when they had (Kristaps) Porzingis and (Al) Horford and (Jrue) Holiday. (Head coach) Joe Mazzulla‘s going to have to completely change the style of play.

“Simons… nobody can score like him on that team other than Brown. He’s the second-best scorer, and it’s not even close. … I bet you he’s their leading scorer. Even with Jaylen. He’s going to have the ball a lot, and that dude can really score. That offense is going to have to change to accommodate him, and, on the last year of his contract, he’s going to let it fly.”

Simons is on an expiring $27.7MM contract and likely won’t factor into the Celtics’ plans beyond 2025/26. Having already ducked below the second tax apron, Boston reportedly has interest in shedding additional salary to perhaps move below the first apron or get out of tax territory altogether. But the club may have to exercise some patience to find the sort of deal it wants, another front office source told Bulpett.

“Anfernee Simons makes $27-plus million,” he said. “Who’s got room to put that in their cap? And he’s up after this year, so the Celtics aren’t going to want to take back anything that would load in more salary of less flexibility. I think, unless they are presented with some sweetheart situation, the most likely time for Simons to get moved — again, if he even does — would be at the trade deadline.

“I could see Boston being out of it and another team thinking they need a scorer like Simons to put them over the top. I could see another team that’s close wanting to add that kind of firepower down the stretch and into the playoffs. Even if it’s a rental, a team might go for him, because what we’re seeing now with the second apron and all that, if you win, it’s hard to keep a team with high-priced guys together. An expiring deal is so valuable.”

We have more notes from around the Atlantic:

  • Celtics big man Neemias Queta came up big in Portugal’s first game of EuroBasket, piling up 23 points and 18 rebounds en route to a 62-50 victory over Czechia, as Semih Tuna of Eurohoops details. Queta, who may get a chance to compete for a starting role in Boston this fall, has a tougher matchup ahead of him on Friday when the Portuguese team takes on Nikola Jokic and the Serbians.
  • C.J. Holmes of The New York Daily News (subscription required) considers the ways in which the Nets might use their remaining cap room, suggesting a deal with the Mavericks – who are looking to move off some salary to make room to sign Dante Exum – could be a logical fit for Brooklyn.
  • The Delaware Blue Coats, the Sixers‘ G League affiliate, completed a three-team trade with the South Bay Lakers and Birmingham Squadron (Pelicans) that saw them acquire the returning rights to Malcolm Hill and South Bay’s 2026 first-round pick, the team announced (Twitter link). One of the outgoing pieces in the deal was the rights to Jared Brownridge, the former Santa Clara shooting guard who has played for Delaware since going undrafted in 2017. He ranks third all-time with 663 three-pointers made in G League regular season games.

Fischer’s Latest: Beasley, Warriors, Brogdon, Highsmith, More

The status of free agent wing Malik Beasley is somewhat murky at the moment, writes Jake Fischer of The Stein Line (Substack link).

While Beasley’s lawyers told ESPN their client is no longer the “target” of a federal gambling probe, a subsequent report said he was still a “subject” and could still face legal challenges. Beasley is also expected to be investigated by the NBA, Fischer reports.

According to Fischer, the Cavaliers, Knicks, Timberwolves and Pistons are the main teams to touch base with Beasley’s camp in the hope that he’ll eventually be able to play in 2025/26. However, Fischer hears none of those teams have actually discussed signing Beasley with his future seemingly still up in the air.

If Beasley is ultimately cleared of any legal wrongdoing and by the NBA, the 28-year-old will be seeking more than the veteran’s minimum on his next contract, sources tell Fischer. It’s worth noting that of the four suitors, Detroit — his incumbent team — can offer Beasley the highest starting salary ($7.2MM). Cleveland and New York would be limited to minimum-salary deals, while Minnesota could offer a little above the minimum.

Here are a few more rumors from Fischer’s latest story:

  • Jonathan Kuminga‘s uncertain contract status has had a ripple effect on several free agents still on the market, Fischer notes, including Malcolm Brogdon. Fischer says the Warriors are expected to sign Al Horford, De’Anthony Melton, Gary Payton II and No. 56 overall pick Will Richard once Kuminga’s situation is resolved and have expressed a level of interest in Brogdon as well. The Knicks and Timberwolves have also been keeping an eye on Brogdon, Fischer adds.
  • While Fischer’s breakdown of prospective Warriors signees includes Richard, he doesn’t mention No. 52 overall pick Alex Toohey at all. That could point to the Australian wing ending up on a two-way contract or as a draft-and-stash prospect rather than being a candidate for the 15-man roster.
  • Fischer hears that the Timberwolves are “actively trying to work through the financial details” in a new contract for Bones Hyland. That suggests Hyland, who is no longer eligible for a two-way deal, may receive a non-guaranteed or partially guaranteed contract.
  • The Heat are still trying to trade Terry Rozier but there’s “scant” interest in the veteran guard, who is also being investigated as part of a federal gambling probe. Miami is also believed to be interested in a buyout, Fischer reports, though nothing is imminent on that front.
  • Fischer expects new Nets forward Haywood Highsmith to be back on the trade block at some point. Brooklyn has “no plans” to be competitive in 2025/26 and will continue to look to stockpile assets in trades, Fischer adds. The Nets recently acquired Highsmith, who is recovering from knee surgery, from Miami along with a second-round pick. Assuming he’s back to full health, Highsmith should have a chance to rebuild his trade value, and his expiring $5.6MM contract would fit into a team’s mid-level exception.

Atlantic Notes: Mann, McCain, Yabusele, Beasley, Raptors

After spending the first five-and-a-half seasons of his NBA career with the Clippers, Terance Mann was ready for a change when he was dealt to the Hawks at last season’s trade deadline, writes Gary Washburn of The Boston Globe. Even though his stay in Atlanta only lasted a few months, Mann believes it was good for his career.

“I was super excited to be traded the first time, I kind of felt like my time in L.A. was up and it was time for me to get out of there,” he said. “I did six seasons there as a second-round pick and a lot of guys don’t get to do that so, I really felt excited to get traded to the East Coast and to an organization like Atlanta. The coaching staff was great and we had a good time.”

Mann was productive during his 30 games with the Hawks, averaging 9.8 points, 3.1 rebounds and 2.1 assists in 22.7 minutes per night while shooting 54.1% from the field and 38.6% from three-point range. However, Atlanta was willing to part with him this summer for the chance to land Kristaps Porzingis, and he was shipped to the Nets in a three-team deal.

“It didn’t come as a surprise to me,” Mann said of the trade. “It’s going to be crazy to play in an environment like that, something new. I’m one of the oldest guys on the team, want to be a leader, show those guys what it takes to win. I’ve been with those guys a ton (this summer) and they’re super hungry, willing to learn basketball. It’s going to be fun. I’m excited for the challenge and I feel like I was built for this. I’m in my prime right now and ready to show the world what I’ve really got outside this role I’ve been playing for the last six seasons.”

There’s more from the Atlantic Division:

  • Sixers guard Jared McCain tells Declan Harris of Sports Illustrated that he lost a close friend and mentor when Guerschon Yabusele signed with the Knicks in free agency. Yabusele helped McCain deal with a difficult rookie season that was cut short by a torn meniscus in December. “Man, I’m gonna miss him, that’s one of the best people I’ve ever been around,” McCain said. “I could go to him for anything; a lot of my teammates are like that, but him, I gravitated to a lot. He was just super nice, just a good person and fun to play with, also another great energy person, so I’m sad to see him go.”
  • A league source confirms to Stefan Bondy of the New York Post that the Knicks have interest in Malik Beasley now that he’s no longer a target of a federal gambling investigation (Twitter link). However, New York can only offer a veteran’s minimum contract, and Beasley may have more lucrative options elsewhere.
  • The Raptors‘ G League affiliate traded its first-round pick in this year’s draft to the College Park Skyhawks in exchange for the returning player rights to Jarkel Joiner, according to Blake Murphy of Sportsnet.ca (Twitter link).