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Day\u2019Ron Sharpe<\/a>: Two years, $20,000,000. Second-year team option. Re-signed using cap room. Waived right to veto trade.\nMoritz Wagner<\/a>: Two years, $18,450,000. Second-year mutual option. Signed using cap room.
\nKeon Ellis<\/a>: Two years, $18,000,000. Second-year mutual option. Signed using cap room.
\nJosh Minott<\/a>: Two years, $9,000,000. Second-year team option. Re-signed using cap room. Waived right to veto trade.<\/p>\n
Trades<\/p>\n
Draft picks<\/p>\n
1-6: Mikel Brown Jr.<\/a><\/p>\n Signed to rookie scale contract (four years, $39,935,928). First two years guaranteed. Third- and fourth-year team options.<\/p>\n 1-28: Joshua Jefferson<\/a><\/p>\n Signed to rookie scale contract (four years, $15,251,678). First two years guaranteed. Third- and fourth-year team options.<\/p>\n 2-43: Tyler Bilodeau<\/a><\/p>\n Signed to two-way contract.<\/p>\n Two-way signings<\/p>\n Tyler Bilodeau<\/a><\/p>\n One year, $91,000 partial guarantee (will increase to $339,441 at start of regular season).<\/p>\n Chaney Johnson<\/a><\/p>\n One year, $91,000 partial guarantee.<\/p>\n Departed\/unsigned free agents<\/p>\n Other roster moves<\/p>\n Salary cap situation<\/p>\n Note: Figures are rounded to one decimal place.<\/p>\n Operating under the cap ($165MM). The offseason so far<\/p>\n After going just 20-62 in 2025\/26, the third-worst record in the NBA, the Nets had a 52.1% chance of landing a top-four pick in June\u2019s draft. However, they lost what was essentially a coin flip, instead falling to their lottery floor at No. 6 overall.<\/p>\n Brooklyn drafted<\/a> former Mikel Brown Jr.<\/a> with that selection in the hopes that the former Louisville guard will be a foundational player for years to come. The 20-year-old showed flashes of tantalizing upside as a freshman with the Cardinals last season, including a 45-point, nine-rebound outburst vs. NC State on February 9.<\/p>\n Brown\u2019s freshman season was also marred by a back injury and bouts of inconsistency, but one front office executive referred<\/a> to that back strain in June as \u201ca thing of the past\u201d and said that Brown was extremely impressive during the pre-draft process, showing off \u201cstar potential\u201d during his workouts.<\/p>\n Brown seems likely to start as a rookie alongside second-year guard Egor D\u0451min<\/a>, who had an up and down first season in Brooklyn. The 20-year-old Russian played much more aggressively<\/a> at the Las Vegas Summer League last month, which was an encouraging development after he played tentatively at times while battling a plantar fascia injury as a rookie.<\/p>\n In addition to Brown, the Nets also added<\/a> Joshua Jefferson<\/a> (No. 28) and Tyler Bilodeau<\/a> (No. 43) in the draft. Jefferson\u2019s rookie scale contract is guaranteed for the first two seasons, with team options in years three and four, while Bilodeau signed a non-guaranteed two-way deal. Bilodeau\u2019s two-way contract covers one season, so he\u2019ll be a restricted free agent next summer if he stays on that deal for all of 2026\/27.<\/p>\n The Nets acquired Jefferson\u2019s rights in the four-team blockbuster trade<\/a> that sent Julius Randle<\/a> to Brooklyn. The Nets traded Nic Claxton<\/a> to Chicago and the No. 33 pick to the Wolves as part of that agreement.<\/p>\n Randle, who turns 32 at the end of November, doesn\u2019t exactly fit the timeline of a young Nets roster. But the three-time All-Star should bring some much-needed toughness, experience, talent and competency to a Brooklyn team that lacked in all of those areas last season.<\/p>\n While Randle has long been viewed as a polarizing player, it\u2019s worth noting that he helped transform the Knicks from a bottom-dweller to a perennial playoff team in his five years with the team. He\u2019s also used to the bright lights of New York, though there\u2019s considerably less attention on the Nets right now compared to the defending champions.<\/p>\n The Nets were able to take on the $33.3MM owed to Randle (compared to Claxton\u2019s $22.1MM) because they were one of three teams to operate with cap room this summer. That was really their only major move to this point though, having used most of the rest of that room to re-sign Day\u2019Ron Sharpe<\/a> and Josh Minott<\/a> and add Keon Ellis<\/a> and Moritz Wagner<\/a> in free agency.<\/p>\n While all four of those free agents received two-year deals, the contracts for Sharpe and Minott contain team options in the second seasons, meaning only the first year is guaranteed. Ellis and Wagner, on the other hand, received second-year mutual options \u2014 if either they or the Nets opt in, their salaries for 2027\/28 will be guaranteed.<\/p>\n Sharpe appears poised to take on the starting center role in the wake of Claxton\u2019s departure, with German big man Wagner acting as the backup. While neither of those players provide much rim protection, they should help the Nets improve their league-worst rebounding rate. Having Randle at power forward and Michael Porter Jr.<\/a> at small forward should help in that regard too.<\/p>\n Up next<\/p>\n The Nets currently have 15 players on guaranteed standard contracts, but they still have $4.9MM in cap space and the $9.4MM room exception available. They\u2019re also $40.4MM below the luxury tax line, giving general manager Sean Marks and the rest of Brooklyn\u2019s front office plenty of financial flexibility to work with.<\/p>\n After a breakout first season with the Nets, Porter will be extension-eligible throughout the 2026\/27 league year, as we detailed earlier on Sunday. For what it\u2019s worth, NBA insider Jake Fischer recently said he doesn\u2019t anticipate<\/a> an offseason extension for the 28-year-old, who will earn $40.8MM this season ahead of 2027 free agency.<\/p>\n Forward Noah Clowney<\/a> is eligible for a rookie scale extension until October 19. While the Nets are said to be high on the former 21st overall pick, who\u2019s still only 22 years old, his performance has been pretty inconsistent through three seasons. After starting 60 of his 66 games in 2025\/26, Clowney figures to come off the bench in \u201926\/27 and will likely be vying for minutes alongside Minnott, Jefferson and Danny Wolf<\/a>.<\/p>\n Clowney will be on track for restricted free agency next summer if he doesn\u2019t sign a new deal ahead of the regular season.<\/p>\n
\nNo hard cap.
\nTeam salary: $160MM (tax\/apron).
\nBelow cap by $4.9MM; below luxury tax line by $40.4MM.
\nRoom exception ($9.4MM) available.<\/p>\n