Brooklyn Nets Rumors | Hoops Rumors

Cap Observations: KD Trade, Valanciunas, Kings, H. Gonzalez

July 4th, 2025 at 9:51am CST by Luke Adams

As we catch our breath on the Fourth of July and await updates on the top remaining free agents - including an intriguing group of restricted free agents and veteran unrestricted free agents like Al Horford, Chris Paul, and Russell Westbrook - we're taking a look back at a few of the intriguing stories from the past few days.

In the space below, we're exploring what the seven-team Kevin Durant figures to look like, why the Nuggets and Kings are still moving forward with their Jonas Valanciunas/Dario Saric swap amid rumors about Valanciunas wanting to play in Greece, what the rumors about Sacramento's interest in Jonathan Kuminga suggest, and more.

Let's dive in...

Unlock Subscriber-Exclusive Articles Like This One With a Trade Rumors Front Office Subscription

BENEFITS

Access weekly subscriber-only articles by Luke Adams
Join exclusive weekly live chats with Arthur Hill
Remove ads and support our writers.

Wizards Among Teams Eyeing Jonathan Kuminga

July 3rd, 2025 at 11:17pm CST by Luke Adams

The Wizards are the latest potential suitor to emerge in the Jonathan Kuminga sweepstakes, according to Anthony Slater of The Athletic, who reports that Washington has entered the picture within the last 24 hours. The idea of the 22-year-old forward fitting into the Wizards’ rebuild has “gained real momentum,” sources tell Slater.

In addition to Washington, the Kings, Heat, Bulls, Bucks, and Nets have all expressed “varying levels” of interest in the Warriors‘ restricted free agent, Slater writes.

Confirming prior reporting out of Sacramento, Slater says the Kings floated an offer that would include 2024 first-round pick Devin Carter, veteran forward Dario Saric, and a pair of second-round picks. However, Golden State views that as a “buy-low” attempt, per Slater, who suggests the Pacific rivals haven’t gained any real traction.

Both the Warriors and Kuminga appear willing to be patient in the hopes of getting what they want out of the process, Slater explains. From the team’s perspective, that would mean acquiring a promising young player and a first-round pick in any sign-and-trade scenario. For Kuminga, the goal is ending up in a situation where he feels he has the full support of an organization and its coaching staff and can be a featured part of a team’s core.

If there’s no resolution by the time the Las Vegas Summer League tips off next week, the tentative plan is for Kuminga’s camp to have in-person meetings with interested teams in Vegas, Slater notes.

One of those meetings could involved the Warriors. As Slater details, the idea of the former No. 7 overall pick working out a deal to remain in Golden State isn’t off the table, so there has been talk of Kuminga, agent Aaron Turner, head coach Steve Kerr, and general manager Mike Dunleavy Jr. sitting down together in Vegas to discuss what a reunion might look like.

Kuminga appeared in just 47 games in 2024/25, having missed more than two months due to a badly sprained ankle. He had an inconsistent role when healthy, averaging 15.3 points, 4.6 rebounds, and 2.2 assists in 24.3 minutes per game, with a .454/.305/.668 shooting line.

Although he was out of the Warriors’ rotation entirely for some key games at the end of the regular season and in the postseason, Kuminga averaged 24.3 points per game on .554/.389/.720 shooting in his final four playoff games vs. Minnesota after Stephen Curry injured his hamstring, providing a reminder of his offensive upside ahead of his restricted free agency.

Nets Sign Demin, Saraf, Wolf To Rookie Scale Contracts

July 3rd, 2025 at 3:53pm CST by Rory Maher

The Nets have officially signed No. 8 overall pick Egor Demin, No. 26 pick Ben Saraf, and No. 27 pick Danny Wolf, the team announced in a press release.

Assuming each player signs for 120% of the rookie scale amount, which virtually every first-rounder does, former BYU guard Demin will earn $6.89MM in 2025/26 and a total of $31.34MM over the course of his four-year contract; Israeli guard Saraf will make about $2.89MM next season and $14.81MM across his four-year deal; and ex-Michigan big man Wolf’s salary for next season will be $2.8MM ($14.34 over four years).

The Nets actually controlled five first-round picks in the 2025 draft, with Drake Powell (No. 22) and Nolan Traore (No. 19) being the others. Typically, an NBA team announces all its first-round signings at once, but Powell won’t officially become a Net for a few more days, when the trade sending him to Brooklyn becomes official.

As for Traore, Brian Lewis of The New York Post (Twitter links) confirms that his signing is being delayed for clearance-related issues following his exit from Saint-Quentin in France. The Nets paid the maximum buyout ($875K) to the French team in order to free him from his contract — once FIBA formally approves the move, the 19-year-old will be able to complete his deal with Brooklyn.

Eastern Notes: Giannis, Nets, Hawks, Pistons

July 2nd, 2025 at 10:42pm CST by Alex Kirschenbaum

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

July 2nd, 2025 at 9:56pm CST by Luke Adams

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 that may 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 last 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 Golden State, and Josh Green to Charlotte.

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

Nets Re-Sign Tyson Etienne To Two-Way Deal

July 2nd, 2025 at 8:12pm CST by Alex Kirschenbaum

July 3: Etienne’s new two-way contract is official, tweets Brian Lewis of The New York Post.

July 2: 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 Trade Michael Porter, First-Round Pick To Nets For Cam Johnson

June 30th, 2025 at 6:09pm CST by Luke Adams

July 8: The trade is official, the Nets announced in a press release.

June 30: 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

June 30th, 2025 at 11:48am CST by Luke Adams

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

June 30th, 2025 at 9:13am CST by Luke Adams

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

June 30th, 2025 at 8:29am CST by Luke Adams

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):

Branden Carlson, Thunder (link)
Jesse Edwards, Timberwolves (link)
Tyson Etienne, Nets (link)
Trentyn Flowers, Clippers (link)
Mac McClung, Magic (link)
Tristen Newton, Timberwolves (link)
Oscar Tshiebwe, Jazz (link via Tony Jones of The Athletic)

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.