Nets Rumors

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.

Nets Pick Up Team Options On Four Players

The Nets have exercised their team options for 2025/26 on four players, the team announced today (Twitter link via Michael Scotto of HoopsHype). Those players, along with their option salaries, are as follows:

Crucially, Brooklyn’s decision to pick up these options does not mean that all four players now have fully guaranteed salaries.

As outlined on our team option decision tracker, Johnson will receive a partial guarantee worth about $272K, while Wilson will receive on worth roughly $88K. Martin’s and Timme’s salaries remain entirely non-guaranteed.

Johnson and Wilson will see their partial guarantees increase if they make the regular season roster, but Martin and Timme will remain non-guaranteed until January, so exercising these options doesn’t really affect the Nets’ cap flexibility at all. They could always waive one or more of these players down the road while retaining little to no salary on their cap.

Johnson, Wilson, and Martin each earned regular minutes in 2024/25 for a rebuilding Nets team. Johnson, a 6’5″ shooting guard, emerged as a starter in December after Cam Thomas went down with a hamstring injury, averaging 10.6 points, 3.8 rebounds, and 2.2 assists in 24.4 minutes per game across 79 appearances (56 starts) on the season.

Wilson, a 6’8″ forward, put up 9.5 PPG, 3.4 RPG, and 1.8 APG in 25.7 MPG, starting 22 of his 79 outings. Martin, a 6’6″ wing, averaged 8.7 PPG, 3.7 RPG, and 2.0 APG in 21.9 MPG across 60 games (11 starts).

Timme, a former Gonzaga big man, earned a late-season promotion from the G League and saw plenty of action down the stretch, registering averages of 12.1 PPG, 7.2 RPG, and 2.2 APG in nine games (28.2 MPG).

Counting their four players on guaranteed contracts, their five first-round picks, incoming trade acquisition Terance Mann, and these four players with options, the Nets already have 14 players on their books for 2025/26. That list doesn’t include restricted free agents Thomas, Day’Ron Sharpe, and Ziaire Williams, or anyone else the Nets might add using their significant cap room in the coming days or weeks.

In other words, there likely won’t be enough spots to go around for everyone, so I wouldn’t count on all four of these players opening the season on Brooklyn’s 15-man roster.

Atlantic Notes: Nets Draft, Celtics, Knicks, Broome

The Nets‘ draft left fans with more questions than answers after they spent an NBA record five first-round picks in the same class, with the talents of some selections overlapping. Still, as Lucas Kaplan of NetsDaily writes, one thing is for certain: the Nets made sure to value what they saw as high-character players during this process.

I loved just how hard a worker he is,” general manager Sean Marks said of No. 8 overall pick Egor Demin. “I saw him up close and personal in his individual workouts and other workouts that we had here with the group, and was able to compare what we saw during the season to what we saw now, and the uptick and the improvement that we saw was pretty outstanding. So I know he’s a class act of a young man, but he’s also a real worker, and that’s exciting for me, when the guy’s going to put in the due diligence.

Brooklyn’s brass didn’t see the class as overlapping as much as outsiders did. In particular, Marks expressed that Demin and No. 19 overall pick Nolan Traore could coexist.

I think we’d love to see both of them play together, for sure,” Marks said of Demin and Traore. “I think we always look at it a little bit of best player available at that particular time … But, you know, I think we’ve got to be very careful penciling a player into being a certain position, or playing a certain way when they’re 19 years old.

In a subscriber-only story covering similar ground, Brian Lewis of The New York Post describes Marks’ type as quick-processing, ball-moving play-makers.

Where we’re going with this is, we’re trying to find a brand of basketball that not only we think translates to a competitive brand out there and it’s going to fit with the Brooklyn community,” Marks said, “But it’s also where the NBA is going: guys who can play multiple positions, guard multiple positions and make it hard on the defense.

We have more from the Atlantic Division:

  • The Celtics elected to trade back from No. 32 in the draft to obtain the Nos. 46 and 57 selections as well as two future second-round picks. “All the time we’re looking for the ability to get more assets in the future and still get a bunch of good players,” vice president of basketball operations Mike Zarren said in explaining the decision, per MassLive’s Brian Robb. “We felt pretty confident that there’d be guys we liked lower in the draft and we had the ability to add a couple of really good future draft picks in addition to getting those guys. So, that’s what we did.
  • While there is still uncertainty about where the Knicks stand in their head coaching search, Ian Begley of SNY reports Mike Brown made a strong impression and has garnered internal support. In the same story, Begley explores where the Knicks standing entering free agency, noting that they’ll have the taxpayer mid-level exception worth up to $5.7MM to offer free agents, as well as the veteran’s minimum.
  • By using a second-round pick to draft Johni Broome out of Auburn, the Sixers made a bet on a player who has been exceptional at every level of basketball he’s played, and one who should be a strong culture fit in Philadelphia, Keith Pompey of The Philadelphia Inquirer writes (subscriber link). “I would say my will to win and hating to lose,” Broome said of his biggest strength. “When you hate losing, you do whatever it takes. … If that’s owning up to your mistake or calling out one of your teammates’ mistakes, I think that’s what helps winning, when everybody’s bought in and everybody’s on the same page of wanting to win. I think that’s just where it comes from.

And-Ones: 2025 Draft Grades, 2026 Class, France, Gabriel

Five teams earned ‘A’ grades on Sam Vecenie’s post-draft report card for The Athletic, including four teams who had picks in the top six. The fifth team to earn an A was the Hawks, primarily for landing an unprotected 2026 first-round pick from the Pelicans to drop 10 spots in the middle of the first round.

Another 18 teams earned ‘B-‘ to ‘B+’ grades, meaning they mostly met or exceeded the value expected at their respective draft slots. Multiple clubs who only had second-round picks, like the Cavaliers and Warriors, found themselves in this tier. A few teams who ended up landing players who slid from pre-draft projections also ended up in this group, with the Jazz getting Ace Bailey at No. 5, the Heat landing Kasparas Jakucionis at No. 20 and the Thunder getting Thomas Sorber at No. 15.

That left five teams to earn a mark of ‘C’ or lower from Vecenie (Houston and Denver did not make any selections). The Pelicans were marked down for the haul they gave up to move up from No. 23 to No. 13 and select Derik Queen. The Nets were questioned for making three selections – Egor Demin, Nolan Traore and Ben Saraf – with positional overlap, while the Knicks earned a middling grade for selecting a stash player who may not make it to the league.

We have more from around the basketball world:

  • The 2026 draft looks to be loaded on paper, with a strong blend of returners who would have been drafted this year and high-level incoming talent. In ESPN’s first full 2026 mock draft, Jonathan Givony and Jeremy Woo have Darryn Peterson of Kansas as the No. 1 overall pick. A.J. Dybantsa (BYU), Cameron Boozer (Duke), Nate Ament (Tennessee) and Mikel Brown Jr. (Louisville) round out their top five. Among returning college players, Jayden Quaintance (No. 6, Kentucky) and Yaxel Lendeborg (No. 14, Michigan) are the highest-ranking.
  • Jonathan Wasserman of Bleacher Report‘s top three looks identical to ESPN’s, but he has Arizona’s Koa Peat at No. 4 in his first 2026 mock draft. Another significant difference between the two boards is Baylor wing Tounde Yessoufou‘s spot — Wasserman has him at No. 6, but ESPN places him at No. 23.
  • France has named its 18-man preliminary roster for EuroBasket 2025, per the team (Twitter link). Bilal Coulibaly, Moussa Diabate, Ousmane Dieng, Zaccharie Risacher, Alex Sarr and Guerschon Yabusele are the current NBA players on the roster. Former NBAers on the team include Timothe Luwawu-Cabarrot, Frank Ntilikina and Theo Maledon, among others.
  • Former NBA player Wenyen Gabriel is leaving Panathinaikos to sign with Bayern Munich in Germany, according to Donatas Urbonas of BasketNews. Gabriel played his first EuroLeague season in 2024/25, averaging 6.0 points per game, and will remain in the league by signing with Bayern. The 6’9″ big man played 150 NBA games from 2019-24 across stints with the Lakers, Pelicans, Trail Blazers, Kings and others. He averaged 4.4 PPG and 3.4 RPG for his career.

And-Ones: Achilles Injuries, Draft, Cap Room, Z. Smith

NBA commissioner Adam Silver says the league is looking into the upswing in Achilles tendon injuries, writes Tim Reynolds Of The Associated Press.

This season alone saw Tyrese Haliburton (Pacers), James Wiseman (Pacers), Isaiah Jackson (Pacers), Dejounte Murray (Pelicans), Dru Smith (Heat), Jayson Tatum (Celtics), and Damian Lillard (Bucks) suffers Achilles tears. Nuggets 2024 first-rounder DaRon Holmes also tore his Achilles during Summer League last July.

We had already convened a panel of experts before Tyrese’s most recent Achilles rupture,” Silver said. “We had seven this year. We had zero last year under the exact same circumstances. The most we’ve ever had in a season is four.”

Some of the factors Silver is considering are how young players and NBA players train in the offseason. He also says the league is employing artificial intelligence to help with this inquiry.

I’m hopeful that by looking at more data, by looking at patterns, this is one area where A.I. — people are talking about how that’s going to transform so many areas — the ability with A.I. to ingest all video of every game a player’s played in to see if you can detect some pattern that we didn’t realize that leads to an Achilles injury,” he said.

We have more news from around the league:

  • After trading down from No. 31 on Thursday, Timberwolves president Tim Connelly suggested during a post-draft media session that a number of prospects seemed to have their slots locked in before the second round began. “It was really curious how agent-driven the second round became,” Connelly said, per Chris Hine of The Star Tribune (via Twitter). “We called players left and right, and there was 20 deals done before the draft started.” The extra day in between the first round and the beginning of the second round seems to have impacted the way agents have maneuvered their clients to the spots they prefer in the second round.
  • With the 2025 draft in the rear-view mirror, the offseason financial picture is clearer, writes Keith Smith for Spotrac. The Nets remain the only team with cap space, though the Pistons could still choose to be a room team as well. He adds to keep an eye out for the Grizzlies attempting to dump one or two more players to free up the cap space to renegotiate and extend Jaren Jackson Jr.‘s contract, then runs through the cap situations for the other 27 teams too.
  • Former Sixers guard Zhaire Smith will be working out for teams in Las Vegas on July 11, reports Marc J. Spears for Andscape (via Twitter). Smith’s career got derailed early on due to a broken foot, followed by a life-threatening allergic reaction to sesame that left him forced to use a feeding tube. He has since been trying to get back to the league, including playing 14 games last season with the Mavericks’ G League team, the Texas Legends — he averaged 20.9 points and over a block per game.

Nets Waive Maxwell Lewis

The Nets announced on Friday that they have requested waivers on forward Maxwell Lewis, as Ian Begley of SNY.tv relays (via Twitter).

The 40th pick in the 2023 draft out of Pepperdine, Lewis spent his rookie season with the Lakers and then opened the ’24/25 campaign in Los Angeles before being sent to Brooklyn in December as part of the D’Angelo Russell/Dorian Finney-Smith trade.

Lewis was limited to 21 appearances for Brooklyn after fracturing his tibia in his first game as a Net. He averaged 5.3 points and 2.5 rebounds in 14.2 minutes per game, with a .422/.380/.700 shooting line.

Lewis’ contract called for a $2,221,677 salary for 2025/26, but only $100K of that amount was guaranteed. Brooklyn had to waive him before Sunday in order to avoid locking in the full guarantee.

Unless Lewis is claimed on waivers this weekend, the Nets will carry that $100K on their cap for the 2025/26 season, which will cut into their projected room by a very small amount when the new league year begins.

Nets Adding Grant Nelson On Exhibit 10 Contract

The Nets are signing Alabama forward Grant Nelson to an Exhibit 10 contract, according to his agency, Gersh Basketball (Twitter link). He’ll compete for one of Brooklyn’s two-way contracts in training camp, tweets Michael Scotto of HoopsHype.

Nelson played his first three college seasons at North Dakota State before transferring to Alabama for his final two years. He averaged 11.5 points and 7.6 rebounds per game as a super-senior.

He helped Alabama make two deep runs in the NCAA Tournament. His team went to the Final Four in 2024 before making it to the Elite Eight this past season.

After making five first-round selections on Wednesday, the Nets traded away their No. 36 pick tonight, which was their only second-round selection. Currently, they only have Tosan Evbuomwan signed to a two-way contract for 2025/26, so they have two more spots they can fill. If Nelson stands out in camp and they wish to keep him, they could convert his Exhibit 10 deal into a two-way pact.

Exhibit 10 deals are non-guaranteed contracts, otherwise known as training camp deals. If Nelson were to be waived and spend at least 60 days with Brooklyn’s G League affiliate in Long Island, he would gain a bonus worth up to $85K.

Nets Trading No. 36 Pick To Suns For Two Future Second-Rounders

The Nets have agreed to trade the 36th pick in the 2025 draft to the Suns in exchange for two future second-rounders, according to Shams Charania of ESPN (Twitter link).

John Gambadoro of Arizona Sports 98.7 reported earlier this afternoon that he expected Phoenix to inquire about the possibility of moving up to draft a player it likes. Once the trade is official, the Suns will have three picks in tonight’s draft at Nos. 36, 52 and 59.

Brooklyn set an NBA record last night by selecting five players in the first round. Instead of using their sixth pick, the Nets have decided to send it to Phoenix and will add to their stash of future assets.

The two second-rounders headed to Brooklyn in the deal are 2026 and 2030 picks, per Michael Scotto of HoopsHype (Twitter link). The 2026 second-round pick will be the least favorable of (a) the Clippers’ 2026 second-rounder; or (b) the most favorable of the Celtics’, Pacers’, and Heat’s 2026 second-rounders. The 2030 second-round pick is Boston’s.

Both are selections that the Suns are acquiring from Houston in the Kevin Durant deal, which means this trade will either become part of that one or will be completed after the Durant trade is official. Either way, it appears this Suns/Nets trade won’t get formally finalized until July, since Phoenix and Houston won’t be able to complete their Durant blockbuster before then.