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Nets explain the re-signings of Ziaire Williams and Day'Ron Sharpe
Nets explain the re-signings of Ziaire Williams and Day'Ron Sharpe

Yahoo

time5 days ago

  • Sport
  • Yahoo

Nets explain the re-signings of Ziaire Williams and Day'Ron Sharpe

The Brooklyn Nets had one of the more interesting offseasons in the NBA as they took five players in the 2025 NBA Draft along with trading for forward Michael Porter Jr. However, while Brooklyn was trying to add as much talent to the roster as possible, they also made sure to re-sign two important free-agents and Nets fans finally have the explanation why. "We want to be careful that we aren't just casting off every guy who isn't on a rookie deal. That's not good for an organization to get that kind of rep,' Spotrac's Keith Smith wrote when relaying what he was told by a Nets front office executive. On June 30, Brooklyn re-signed forward Ziaire Williams and center Day'Ron Sharpe to two-year, $12 million contracts after both entered free-agency following the 2024-25 season. "Those guys and their reps put their faith in us to use our flexibility this summer, while still taking care of them," Smith continued. "We've still got some cap space, but there's a clock on that. But we love both Day'Ron and Ziaire and everything they were for us last year and before. We're young, obviously, but we want some young vets to show the new guys the way. Those two are a big part of that." Before continuing, it's important to note that Smith pointed out that if a team has not reached the salary floor by the start of the regular season, a cap hold for the difference is put on the team's cap sheet in reference to the Brooklyn front-office member saying that there's a "clock" on the cap space the team has. In other words, if the Nets do not reach the $139,182,000 million salary floor by the start of the regular season, they will lose the ability to use the remaining cap space. As of this writing, Brooklyn has $134,733,990 million in salary-cap allocations, per Spotrac, meaning that they have to spend $4,448,010 million by the start of the regular season or they lose the ability to use that cap space. With that being said, the Nets have $19.9 million in cap space and guard Cam Thomas is still a restricted free-agent. Whether or not Thomas is re-signed, Brooklyn made sure to re-sign Williams and Sharpe. This article originally appeared on Nets Wire: Nets explain the re-signings of Ziaire Williams and Day'Ron Sharpe

What can the Nets do with the rest of their cap space?
What can the Nets do with the rest of their cap space?

Yahoo

time21-07-2025

  • Sport
  • Yahoo

What can the Nets do with the rest of their cap space?

The Brooklyn Nets are wrapping up their Las Vegas Summer League with a disappointing 1-4 record, but are also coming away from Vegas with a good look at their four rookies. With that being said, Brooklyn has the rest of the offseason to worry about. While they are trying to figure out how to bring guard Cam Thomas back, they also have to think about their cap space. Per Keith Smith of Spotrac, the Nets renounced the free-agent rights to center Day'Ron Sharpe and forward Ziaire Williams as the team was looking to re-sign both players. Towards the end of June, it was announced that Brooklyn re-signed Sharpe and Williams in free-agency, but Smith pointed out that the two will be brought back to the team either with cap space or the "Room Exception." The "Room Exception" that Smith is referring to is the Mid-Level Room Exception (worth $8,781,000), an exception that can be used by teams with cap space, which the Nets fit into. According to Smith, Brooklyn has $22.3 million worth of cap space left to use this offseason and Spotrac's numbers as of this writing have the Nets at $19.9 million to use with just Thomas as the only restricted free-agent left to attend to. Due to the fact that Brooklyn is under the $139,182,000 salary cap for the 2025-26 season, there are no restrictions for them when it comes to trades or buyouts. However, the Nets, who have $134,733,990 in salary-cap allocations, "must spend to the salary floor by start of the season or team will have a cap hold assigned for the difference," according to Spotrac. At this point, the Nets have 18 players on the roster, including Sharpe and Williams, whose transactions are still considered pending, and forward Tosan Evbuomwan and guard Tyson Etienne, the two Two-Way players under contract. Brooklyn can go over the salary cap to sign Thomas due to his being a restricted free-agent, but time will tell what general manager Sean Marks decides to do with the rest of the cap space. This article originally appeared on Nets Wire: What can the Nets do with the rest of their cap space?

Nets' Cam Thomas believed to not have much of a market
Nets' Cam Thomas believed to not have much of a market

Yahoo

time07-07-2025

  • Sport
  • Yahoo

Nets' Cam Thomas believed to not have much of a market

The Brooklyn Nets have gone through the 2025 NBA offseason by being aggressive with their cap space and acquiring more draft capital as they continue their rebuild. Brooklyn has significantly reshaped the team ahead of the 2025-26 season as a result of the 2025 NBA Draft and trades, but there is still one player for the team to make a choice on. "Cam Thomas, no, he does not really have a market to my understanding," NBA insider Jake Fischer said during a livestream for Bleacher Report. Fischer was answering a question regarding the status of Nets guard Cam Thomas, who is still a restricted free-agent despite the reporting that Thomas wants to come back to Brooklyn and the Nets being interested in re-signing him. Advertisement On June 29, HoopsHype's Michael Scotto reported that the Nets extended the $5.99 million qualifying offer to Thomas, officially making him a restricted free-agent heading into the beginning of NBA free-agency. Scotto mentioned in his reporting on the situation that the Nets were interested in re-signing all of their restricted free-agents, including forward Ziaire Williams and center Day'Ron Sharpe. What Fischer is referring to in terms of Thomas not having much of a market is more about the state of the NBA and the teams having money to spend in free-agency at this point in the offseason. Thomas, along with players like Chicago Bulls guard Josh Giddey, Philadelphia 76ers guard Quentin Grimes, and Golden State Warriors forward Jonathan Kuminga, is still on the market due to the nature of restricted free-agency as a whole. Restricted free-agents don't have much of a choice over where they can go because the teams that hold their restricted free-agency can match whatever offer sheet they get in free-agency, which usually means that the team will bring the player back. However, most teams don't have the money left to truly bid on the remaining free-agents so Thomas has two choices that can make. He can either try to get the most money he can get from the Nets now or play on the qualifying offer next season with the goal of being an unrestricted free-agent next summer. That is something that former teammate in forward Trendon Watford did and once he had the choice to dictate his next move as an unrestricted free-agent, he left for the Philadelphia 76ers this summer. This article originally appeared on Nets Wire: Nets' Cam Thomas believed to not have much of a market

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